Trust Continuance. The death, incapacity, resignation or removal of the Trustee shall not terminate the Trust or revoke any existing agency created pursuant to this Agreement or invalidate any action theretofore taken by the Trustee.
Appears in 3 contracts
Samples: Trust Agreement, Orchids Paper Products Liquidating Trust Agreement, Bgi Creditors’ Liquidating Trust Agreement
Trust Continuance. The resignation, death, incapacity, resignation incapacitation or removal of the Trustee shall not terminate the Trust or revoke any existing agency created pursuant to this Agreement or invalidate any action theretofore taken by the Trustee. In the event that a successor Trustee is not appointed when required under this Agreement and the Plan, the Oversight Committee shall apply to the Bankruptcy Court for appointment of a successor Trustee.
Appears in 2 contracts
Samples: Liquidating Trust Agreement (Circuit City Stores Inc), Liquidating Trust Agreement
Trust Continuance. The death, incapacitydissolution, resignation or removal of the Trustee shall not terminate the Trust or revoke any existing agency created by the Trustee pursuant to this Trust Agreement or invalidate any action theretofore taken by the Trustee, and the successor Trustee agrees that the provisions of this Trust Agreement shall be binding upon and inure to the benefit of the successor Trustee and all his, her or its heirs and legal and personal representatives, successors or assigns.
Appears in 2 contracts
Samples: Delta Petroleum General Recovery Trust Agreement (Par Petroleum Corp/Co), Wapiti Recovery Trust Agreement (Par Petroleum Corp/Co)
Trust Continuance. The resignation, death, incapacityincapacitation, resignation dissolution, liquidation, or removal of the Trustee shall not terminate the Trust or revoke any existing agency created pursuant to this Agreement or invalidate any action theretofore taken by the Trustee.
Appears in 1 contract
Samples: Litigation Trust Agreement (Jennifer Convertibles Inc)
Trust Continuance. The deathdeath or incompetency, incapacityresignation, resignation or removal of the a Trustee shall not operate to terminate the Trust created by this Agreement or to revoke any existing agency created pursuant to the terms of this Agreement or invalidate any action theretofore previously taken by the TrusteeTrust or Trustees.
Appears in 1 contract
Samples: Liquidating Trust Agreement (Lone Star Liquidating Trust)
Trust Continuance. The death, incapacity, resignation or removal of the Trustee shall not terminate the Trust or revoke any existing agency created pursuant to this Agreement or invalidate any action theretofore taken by the Trustee. In the event that a successor Trustee is not appointed when required under this Agreement, the Bankruptcy Court shall appoint a successor Trustee.
Appears in 1 contract
Samples: Nationsrent Liquidating Trust Agreement (Nationsrent Companies Inc)
Trust Continuance. The resignation, death, incapacity, resignation incapacitation or removal of the Trustee shall not terminate the Trust or revoke any existing agency created pursuant to this Agreement or invalidate any action theretofore taken by the Trustee.. In the event that a successor Trustee is not appointed when required under this Agreement and the Plan, the Oversight Committee shall apply to the Bankruptcy Court for appointment of a successor Trustee. 7.8
Appears in 1 contract
Samples: Liquidating Trust Agreement
Trust Continuance. The death, incapacityresignation, resignation dissolution, incapacity or removal of the Trustee shall not terminate the Trust or revoke any then-existing agency created pursuant to this Agreement or invalidate any action theretofore taken by the Trustee.
Appears in 1 contract
Samples: Gpor Distribution Trust Agreement (GPOR Distribution Trust)
Trust Continuance. The resignation, death, dissolution, incapacity, resignation liquidation or removal of the Trustee shall not terminate the Trust or revoke any existing agency created pursuant to this Agreement or invalidate any action theretofore taken by the Trustee.
Appears in 1 contract
Samples: dr201.s3.amazonaws.com