Events Upon End of Term Termination Sample Clauses

Events Upon End of Term Termination. At the conclusion of the term of the Litigation Trust, (a) the Trustee shall distribute any remaining Trust Proceeds, if any, to the Beneficiaries, in accordance with Article VII; provided, however, that the Trustee shall not be obligated to make distributions if the amount of the available cash is de minimis and is not sufficient to warrant the incurrence of the cost of making such distribution and (b) any remaining Trust Assets (other than Trust Proceeds) shall revert to and vest in the Reorganized Debtor (or its successor) that contributed the applicable Trust Asset.
Sample 1Sample 2
AutoNDA by SimpleDocs
Events Upon End of Term Termination. At the conclusion of the term of the Liquidating Trust, the TrusteeLiquidating Trust Board shall distribute the remaining Liquidating Trust Assets, if any, to the Beneficiaries (or charity), in accordance with the Plan, the Confirmation Order, and this Agreement.
Sample 1
Events Upon End of Term Termination. At the conclusion of the term of the Liquidation Trust, the Liquidation Trustee shall distribute the remaining Liquidation Trust Assets (including the income and proceeds therefrom), if any, in accordance with the Plan, the Confirmation Order, and this Agreement, provided, however, that the Liquidation Trustee shall not be obligated to make a final distribution if the aggregate amount of the available cash is not sufficient to warrant the cost of making such distribution.
Sample 1

Related to Events Upon End of Term Termination

  • Events Upon Termination (a) If this Agreement is terminated, cancelled or ends for any reason, the Operator shall:

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION (a) Upon the occurrence of an Event of Termination (as herein defined) during the Executive's term of employment under this Agreement, the provisions of this Section shall apply. As used in this Agreement, an "

  • Termination Upon a Change of Control If Executive’s employment by the Employer, or any Affiliate or successor of the Employer, shall be subject to a Termination within a Covered Period, then, in addition to Minimum Payments, the Employer shall provide Executive the following benefits:

  • Event of Termination As soon as reasonably practicable and in any event within two (2) Business Days after any Responsible Officer of the Borrower obtains knowledge of the occurrence of each Event of Termination or Incipient Event of Termination (if such Incipient Event of Termination is continuing on the date of such notice), the statement of a Responsible Officer of the Borrower setting forth the details of such Event of Termination or Incipient Event of Termination and the action which the Borrower is taking or proposes to take with respect thereto.

  • Right to Terminate Following Termination Event Sections 6(b)(ii)-(iv) are deleted in their entirety and replaced by the following:

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

Time is Money Join Law Insider Premium to draft better contracts faster.