Asbestos Trustees definition

Asbestos Trustees means the individual or individuals set forth in the Asbestos Trust Agreement and appointed to serve as the trustees for the Asbestos Trust in accordance with the terms of the Plan and the Asbestos Trust Agreement, and any successor trustees thereto appointed in accordance with the Asbestos Trust Agreement.
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Asbestos Trustees means the individuals or Entities, which may include Reorganized ASARCO or a representative thereof, appointed as trustees of the Asbestos Trust under the Asbestos Trust Agreement and any successor thereto chosen in accordance with the Asbestos Trust Agreement.
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Asbestos Trustees means, collectively, the persons confirmed by the Bankruptcy Court to serve as trustees of the Asbestos Trust, pursuant to the terms of the Asbestos Trust Agreement, or as subsequently may be appointed pursuant to the terms of such Agreement.
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Examples of Asbestos Trustees in a sentence

  • In the event that any third party challenges any such Privilege, Reorganized ASARCO or the Asbestos Trustees may seek protection from a court of competent jurisdiction.

  • 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.

  • 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.

  • They shall consult with and advise the Asbestos Trustees regarding the administration of the Asbestos Trust and the liquidation and resolution of Unsecured Asbestos Personal Injury Claims in accordance with the provisions of this Plan and the Asbestos Trust Documents.

  • Commercial Mortgage Securities, Inc., Series 97-C1, Class X (IO) 7.84%*** 07/15/27 18,269 1,416,413 General Motors Acceptance Corp.

  • As to the matters within the exclusive jurisdiction of the District Court as described in Article 15.4 hereof, the Debtors, Reorganized ASARCO, the Plan Administrator, the Asbestos Trustees, the Asbestos Trust, the Asbestos TAC, the FCR, the Plan Sponsor, and the Guarantor consent to the jurisdiction of the District Court, or any successor thereto, and agree that it shall be the preferred forum for all matters within the exclusive jurisdiction of the District Court as described in Article 15.4.

  • The Asbestos Trustees shall cause all taxes imposed on the Asbestos Trust to be paid using assets of the Asbestos Trust and shall comply with all tax reporting and withholding requirements imposed under applicable tax laws.

  • The Asbestos Trust shall be treated as a “qualified settlement fund” within the meaning of Treasury Regulation section 1.468B-1, and the Asbestos Trustees shall be the “administrator” of the Asbestos Trust pursuant to Treasury Regulation section 1.468B-2(k)(3).

  • A summary of governmental capital assets, net and depreciation expense by function follows: Substantially all general fixed assets purchased are funded from general governmental revenues, exclusive of any grants or other special revenues.

  • The Put Option has been executed and delivered by Sterlite to the Asbestos Trustees under the Asbestos Trust.


More Definitions of Asbestos Trustees

Asbestos Trustees means, with respect to the Debtors’ Plan, the individuals appointed as trustees of the Asbestos Trust under the Asbestos Trust Agreement and any successors thereto chosen in accordance with the Asbestos Trust Agreement.
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Related to Asbestos Trustees

  • Trustees refers to the persons who have signed this Agreement and Declaration of Trust, so long as they continue in office in accordance with the terms hereof, and all other persons who may from time to time be duly elected or appointed to serve on the Board of Trustees in accordance with the provisions hereof, and reference herein to a Trustee or the Trustees shall refer to such person or persons in their capacity as trustees hereunder;

  • Other Trustees Means the trustees under the Other Agreements, and any successor or other trustee appointed as provided therein.

  • or "Trustees means each Person who has signed this Declaration as a trustee, so long as such Person shall continue in office in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed, qualified and serving as Trustees in accordance with the provisions hereof, and references herein to a Trustee or the Trustees shall refer to such Person or Persons solely in their capacity as trustees hereunder.

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • the Trustees means the directors of the Academy Trust (and “Trustee” means any one of those directors), subject to the definition of this term at Article 6.9 (e) in relation to Articles 6.2-6.9;

  • Indenture Trustees means the Senior Notes Indenture Trustee and the Subordinated Notes Indenture Trustee.

  • Issuer Trustees means, collectively, the Property Trustee, the Delaware Trustee, and the Administrative Trustees.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • Custodians means all of them, collectively.

  • Authenticating Agents As defined in Section 9.10.

  • Certificate of Authentication The meaning specified in Section 2.1.

  • Securities Seal means a seal for use for sealing certificates for shares or other securities issued by the Company which is a facsimile of the Seal of the Company with the addition on its face of the words “Securities Seal”;

  • NIM Trustee The trustee for the NIM Securities.

  • Majority of the Trustees means a majority of the Trustees in office at the time in question. At any time at which there shall be only one (1) Trustee in office, such term shall mean such Trustee.

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

  • Professional Persons means all Persons retained by order of the Bankruptcy Court in connection with the Reorganization Cases, pursuant to sections 327, 328, 330 or 1103 of the Bankruptcy Code, excluding any ordinary course professionals retained pursuant to order of the Bankruptcy Court.

  • Business Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as it may be amended from time to time, or any successor legislation.

  • Engineers Certificate" shall mean a certificate of the Consulting Engineers or of such other engineer or firm of engineers having a favorable repute for skill and experience in the engineering matters with respect to which such certification is required by this Master Indenture.

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • execution of orders on behalf of clients means acting to conclude agreements to buy or sell one or more financial instruments on behalf of clients and includes the conclusion of agreements to sell financial instruments issued by an investment firm or a credit institution at the moment of their issuance;

  • Agents means, collectively, the Administrative Agent and the Collateral Agent.

  • Institutional Responsibilities means an Investigator’s professional responsibilities on behalf of the University, which may include for example: activities such as research, research consultation, teaching, professional practice, University committee memberships, and service on panels such as Institutional Review Boards or data and safety monitoring boards.

  • U.S. Trustee means the Office of the United States Trustee for the District of Delaware.

  • Managers means a Person who is named or designated as a manager or managing member or otherwise acts in the capacity of a manager or managing member of a limited liability company in a limited liability company agreement or similar instrument under which the limited liability company is formed or operated.

  • Counsel means a barrister and/or solicitor or a firm of barristers and/or solicitors retained by the Warrant Agent or retained by the Corporation, which may or may not be counsel for the Corporation;