Examples of Asbestos Trustee in a sentence
The Asbestos Trustee shall have and perform all duties, responsibilities, rights and obligations set forth in the Asbestos Trust Agreement.
The initial APG Asbestos Trustee, the initial members of the APG Asbestos TAC, and the initial APG Asbestos FCR are identified in the APG Asbestos Trust Agreement.3.2 Consent and Consultation Procedures.
The indemnification provisions of the Asbestos Trust Agreement shall remain available to and be binding upon any future Asbestos Trustee or the estate of any decedent Asbestos Trustee and shall survive the termination of the Asbestos Trust Agreement.
The APG Asbestos Trustee shall obtain the consent of the APG Asbestos TAC and the APG Asbestos FCR on any amendments to this APG Asbestos TDP pursuant to Section 8.1 below, and on such other matters as are otherwise required below and in Section 2.2(f) of the APG Asbestos Trust Agreement.
Pursuant to the Plan and the APG Asbestos Trust Agreement, the APG Asbestos Trust and this APG Asbestos TDP shall be administered by the APG Asbestos Trustee in consultation with the APG Asbestos TAC, which represents the interests of holders of present APG Asbestos Trust Claims, and the APG Asbestos FCR, who represents the interests of holders of APG Asbestos Trust Demands that shall be asserted in the future.
The APG Asbestos Trustee shall also consult with the APG Asbestos TAC and the APG Asbestos FCR on such matters as are provided below and in Section 2.2(e) of the APG Asbestos Trust Agreement.
The Asbestos Trust shall remain in existence until dissolved by the Asbestos Trustee, and upon termination, any remaining assets of the Asbestos Trust shall revert and be paid over to the SWE&C Liquidating Trust.
The Claims Materials shall include a copy of this APG Asbestos Trust TDP, such instructions as the APG Asbestos Trustee shall approve, and a detailed proof -of- claim form.
To the extent that the Asbestos Trust must indemnify and hold harmless the Indemnified Parties as provided above, the legal fees and related costs incurred by counsel to the Asbestos Trustee in monitoring and participating in the defense of such claims giving rise to the right of indemnification shall be paid out of the Asbestos Trust.
The APG Asbestos Trustee shall have the discretion to determine, with the consent of the APG Asbestos TAC and the APG Asbestos FCR, whether a filing fee should be required for any APG Asbestos Trust Claims submitted to the APG Asbestos Trust.6.5 Confidentiality of Claimants’ Submissions.