Establishment of Post-Effective Date Reserves. On and after the Effective Date, the Liquidation Manager, in an exercise of his business judgment, shall establish and maintain the Post-Effective Date Reserves.
Appears in 2 contracts
Samples: Liquidation Manager Agreement (Franklin Credit Holding Corp/De/), Liquidation Manager Agreement (Franklin Credit Holding Corp/De/)
Establishment of Post-Effective Date Reserves. On and after the Effective Date, the Liquidation Manager, in an exercise of his business judgment, shall may establish and maintain the Post-Effective Date Reserves.
Appears in 2 contracts
Samples: Liquidation Manager Agreement (Franklin Credit Management Corp), Liquidation Manager Agreement (Franklin Credit Holding Corp/De/)