Independent Assessor. The Finance Committee working with the Plan Proponents or the Debtor’s Representatives and the Claimants’ Advisory Committee shall select an independent third party, hereinafter the Independent Assessor, to oversee and make recommendations concerning the development of projected funding requirements under Section 7.01(d) and the assessment of the availability or adequacy of assets in the Litigation Fund and the Settlement Fund for purposes of Section 7.02(d) and Sections 7.03(a), (b), and (c). In addition, the Independent Assessor will provide the Finance Committee with any reports necessary pursuant to Section 4.08(b)(ii). The appointment of the Independent Assessor is subject to approval of the District Court.
Appears in 4 contracts
Samples: Settlement Facility and Fund Distribution Agreement, Settlement Facility and Fund Distribution Agreement, Settlement Facility and Fund Distribution Agreement
