Qualifications of Claims Administrator. The Claims Administrator (or successor Claims Administrator) shall be (i) an individual over the age of 35 whose experience and background are appropriate for the responsibilities hereunder, and (ii) at the time of appointment and at all times during the term of service, independent. The Claimants’ Advisory Committee and the Debtor’s Representatives may agree to waive certain qualification requirements. For purposes of this Settlement Facility Agreement, a person is not independent if such person:
Appears in 5 contracts
Samples: And Fund Distribution Agreement, Fund Distribution Agreement, Fund Distribution Agreement
