Asbestos Trust Agreement definition

Asbestos Trust Agreement means the agreement, effective as of the day immediately preceding the Effective Date, substantially in the form included as Exhibit A in the Exhibit Book, to be entered into by and among the Debtors, the FCR, the Asbestos Claimants Committee, the CAC, the Asbestos Trustee, and the Delaware Trustee in connection with the formation of the Asbestos Trust.
Asbestos Trust Agreement means that certain agreement, effective as of the Effective Date, substantially in the form annexed hereto as Third Joint Plan Exhibit A, as it may be modified from time to time.
Asbestos Trust Agreement means the Asbestos Trust Agreement, effective as of the Effective Date, substantially in the form attached as Exhibit 6 to the Plan, as it may be modified from time to time in accordance with the terms thereof.

Examples of Asbestos Trust Agreement in a sentence

  • Unsecured Asbestos Personal Injury Claims and Demands, whether or not a Proof of Claim is filed, shall be satisfied exclusively in accordance with this Plan, the Asbestos Trust Agreement, and the Asbestos TDP.

  • The beneficial interests in the Asbestos Trust shall not be certificated and are not transferable (except as otherwise provided in the Asbestos Trust Agreement).

  • Participants were charged relatively high fees for the guarantees with the intention of encouraging withdrawal from the program as soon as market conditions returned to normal.

  • The duties, responsibilities, rights, and obligations of the Asbestos Trustees and the Delaware Trustee for the Asbestos Trust shall terminate in accordance with the terms of the Asbestos Trust Agreement.

  • On the Effective Date or such earlier date as the Debtors deem appropriate, the Asbestos Trust shall be created as provided in the Asbestos Trust Agreement.

  • On the Effective Date, or as soon thereafter as is reasonably practicable, all Asbestos Personal Injury Claims shall be channeled to the Asbestos Trust and all Asbestos Personal Injury Claims shall be satisfied in accordance with the terms of the Asbestos Trust, the Asbestos Trust Distribution Procedures, and the Asbestos Trust Agreement.

  • Demands shall be included in the treatment accorded Class 4 Unsecured Asbestos Personal Injury Claims, as set forth in Articles 4.1 and 4.2(d) of this Plan, and shall be determined, processed, liquidated, and paid pursuant to the terms and conditions of the Asbestos TDP and the Asbestos Trust Agreement.

  • The Asbestos Trust Agreement, substantially in the form of Exhibit 6 to this Plan, contains provisions customary to documents utilized in comparable circumstances.

  • Class 4 Claims and Demands shall be processed, liquidated, and paid pursuant to the terms and provisions of the Asbestos TDP and the Asbestos Trust Agreement.

  • ASARCO, Covington, the Asbestos Subsidiary Debtors, the Asbestos Subsidiary Committee, the Asbestos Claimants’ Committee, the Asbestos Trustees, the Delaware Trustee, the members of the Asbestos TAC, and the FCR shall execute the Asbestos Trust Agreement.


More Definitions of Asbestos Trust Agreement

Asbestos Trust Agreement means the agreement, which agreement shall be substantially in the form attached as Exhibit A hereto, to be dated as of the Effective Date, by and among the Reorganized Debtor, the Asbestos Trustees, the Delaware Trustee, the Post-Effective Date Future Claimants’ Representative, and the Asbestos Trust Advisory Committee, governing the creation and the terms of the Asbestos Trust.
Asbestos Trust Agreement means the agreement between the Debtor, as Trustor, and the Trustees establishing the Asbestos Trust, substantially in the form attached as Exhibit 2 to the Disclosure Statement, and all exhibits to the Asbestos Trust including the Asbestos Personal Injury Claims Resolution Procedures and the Asbestos In Buildings Claims Resolution Procedures, substantially in the form attached as Exhibits 3 and 4 to the Disclosure Statement, and as may be
Asbestos Trust Agreement means that certain Asbestos Settlement Trust Agreement, executed by G-I and the Asbestos Trustees, substantially in the form of Exhibit 1.1.17 to the Plan.
Asbestos Trust Agreement means that certain agreement, effective as of the Effective Date, substantially in the form attached as Exhibit F to the Equity Plan.
Asbestos Trust Agreement means that certain Asbestos Trust Agreement executed by the Debtors and the Asbestos Trust Administrator, substantially in the form annexed hereto as Exhibit “A.”
Asbestos Trust Agreement means that certain Asbestos Trust Agreement, executed by the Debtors and the Asbestos Trustee, substantially in the form of Exhibit 1.1.14.

Related to Asbestos Trust Agreement

  • Trust Agreement means this Amended and Restated Trust Agreement, as the same may be modified, amended or supplemented in accordance with the applicable provisions hereof, including all exhibits hereto, including, for all purposes of this Trust Agreement and any such modification, amendment or supplement, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Trust Agreement and any such modification, amendment or supplement, respectively.

  • Trustee Agreement means the trustee agreement entered into on or before the Issue Date, between the Issuer and the Trustee, or any replacement trustee agreement entered into after the Issue Date between the Issuer and a trustee, regarding, inter alia, the remuneration payable to the Trustee or a replacement trustee.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.