Common use of Enforcement and Administration Clause in Contracts

Enforcement and Administration. The provisions of this PI Trust Agreement and the TDP attached hereto shall be enforced by the Bankruptcy Court pursuant to the Plan. The parties hereby further acknowledge and agree that the Bankruptcy Court shall have exclusive jurisdiction over the settlement of the accounts of the Trustees and over any disputes hereunder not resolved by alternative dispute resolution in accordance with Section 7.13 above.

Appears in 4 contracts

Samples: Asbestos Pi Trust Agreement (W R Grace & Co), Asbestos Personal Injury Trust Agreement (Owens Corning/Fibreboard Asbestos Personal Injury Trust), Asbestos Personal Injury Settlement Trust Agreement (Armstrong World Industries Inc)

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Enforcement and Administration. The provisions of this PI Trust Agreement and the TDP Procedures attached hereto shall be enforced by the Bankruptcy Court pursuant to the Plan. The parties hereby further acknowledge and agree that the Bankruptcy Court shall have exclusive jurisdiction over the settlement of the accounts of the Trustees and over any disputes hereunder not resolved by alternative dispute resolution in accordance with Section 7.13 above.

Appears in 3 contracts

Samples: Asbestos Personal Injury Settlement Trust Agreement (Raytech Corp Asbestos Personal Injury Settlement Trust), Asbestos Personal Injury Settlement Trust Agreement (Raytech Corp Asbestos Personal Injury Settlement Trust), Asbestos Personal Injury Settlement Trust Agreement (Raytech Corp Asbestos Personal Injury Settlement Trust)

Enforcement and Administration. The provisions of this PI Trust Agreement and the TDP attached hereto PI TDPs shall be enforced by the Bankruptcy Court pursuant to the Plan. The parties hereby further acknowledge and agree that the Bankruptcy Court shall have exclusive jurisdiction over the settlement of the accounts of the Trustees Trustee and over any disputes hereunder not resolved by alternative dispute resolution the ADR Process in accordance with Section 7.13 8.15 above. The Bankruptcy Court and the courts of the State of Delaware shall have the exclusive jurisdiction with respect to any action relating to or arising from the Trust.

Appears in 1 contract

Samples: Trust Agreement

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Enforcement and Administration. The provisions of this PI Trust Agreement and the TDP attached hereto shall be enforced by the Bankruptcy Court pursuant to the Plan. The parties hereby further acknowledge and agree that the Bankruptcy Court shall have exclusive jurisdiction over the settlement of the accounts of the Trustees Trustee and over any disputes hereunder not resolved by alternative dispute resolution in accordance with Section 7.13 above.

Appears in 1 contract

Samples: Trust Agreement (Motors Liquidation Co)

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