Examples of Anadarko Litigation Trust in a sentence
For the avoidance of doubt, the term “Court approval” in this Section 4.9.3 shall not be construed to mean the Findings of Fact, Conclusions of Law and Order Confirming the First Amended Joint Plan of Reorganization of Tronox Incorporated, et al., Pursuant to Chapter 11 of the Bankruptcy Code, any other order that has been entered to date by the Bankruptcy Court, or any future order approving this Agreement or the Anadarko Litigation Trust Agreement.
For the avoidance of doubt, the term “approval of the Court” in this Section 4.9.1 shall not be construed to mean the Findings of Fact, Conclusions of Law and Order Confirming the First Amended Joint Plan of Reorganization of Tronox Incorporated, et al., Pursuant to Chapter 11 of the Bankruptcy Code, any other order that has been entered to date by the Bankruptcy Court, or any future order approving this Agreement or the Anadarko Litigation Trust Agreement.
In no event shall the Beneficiaries or Government Environmental Entities have any responsibility for paying any expenses, fees, and other obligations of the Anadarko Litigation Trust, and in no event shall the Trust, the Trustee, or the Trust Advisory Board, or any of their agents, representatives, or professionals, have recourse to the Beneficiaries or the Government Environmental Entities therefor.
The Holders of Category A Claims and Category D Claims who have an Outlying Claim with an Excess Award, shall receive on account of their Excess Award a pro rata portion of any Excess Anadarko Fund pursuant to Section 4.5. As used herein, the “Excess Anadarko Fund” shall mean and consist of five percent (5%) of the net proceeds, if any, of the Anadarko Litigation payable to the Trust pursuant to the Anadarko Litigation Trust Agreement in excess of One Hundred Twenty Million Dollars ($120 Million).
Fees, costs and expenses incurred in connection with the administration of the Anadarko Litigation Trust and the prosecution of the Anadarko Litigation after the Effective Date, including fees and expenses incurred by professionals retained by the Anadarko Litigation Trustee, shall be borne by the Anadarko Litigation Trust and Reorganized Tronox shall have no responsibility, obligation or liability with respect thereto.
The Court considering a approving the Anadarko Litigation Trust Agreement and Environmental Settlement Agreement.
In addition, the United States, separate from its participation in the Anadarko Litigation Trust, shall continue to enjoy the rights to participate in the Anadarko Litigation provided to it under the Order Approving Revised Stipulation and Order with Respect to Federal Debt Collection Procedures Act, signed August 20, 2009 [Adv.
On the Effective Date, Tronox will establish the Anadarko Litigation Trust, to which it will contribute its rights to the Anadarko Litigation.
The Anadarko Litigation Trust will be governed by the Anadarko Litigation Trust Agreement, which is included in the Plan Supplement.
For the avoidance of doubt, the Anadarko Litigation Trust shall not be liable for any fees, costs or expenses incurred in connection with the prosecution of the Anadarko Litigation prior to the Effective Date.