Common use of Role of the Litigation Trustee Clause in Contracts

Role of the Litigation Trustee. In furtherance of and consistent with the purpose of the Litigation Trust and the Plan, the Litigation Trustee, subject to the terms and conditions contained herein and in the Plan, shall (i) hold the Litigation Trust Assets for the benefit of the Litigation Trust Beneficiaries, and

Appears in 3 contracts

Samples: Litigation Trust Agreement, Litigation Trust Agreement, Litigation Trust Agreement

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Role of the Litigation Trustee. In furtherance of and consistent with the purpose of the Litigation Trust and the PlanTrust, the Litigation TrusteeTrustee shall have the power to perform the functions and take the actions provided or permitted in this Litigation Trust Agreement, subject to the terms and conditions contained herein and herein. In all circumstances, the Litigation Trustee shall act in the Plan, shall (i) hold best interests of all the Litigation Trust Assets for Beneficiaries and in furtherance of the benefit purpose of the Litigation Trust Beneficiaries, andTrust.

Appears in 1 contract

Samples: Litigation Trust Agreement (Ebix Inc)

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