CDC Liquidation Trust definition
CDC Liquidation Trust means the liquidation trust established pursuant to Section 7.8 of the Plan in accordance with the Liquidation Trust Agreement.
CDC Liquidation Trust or “Liquidation Trust” shall have the same meaning as the term “Liquidation Trust” used in the Plan. The Liquidation Trustee hereby agrees to transfer to the Debtor 38,135,399 units in the Liquidation Trust as Beneficial Interests in the Liquidation Trust to be transferred by the Debtor to the Holders of Equity Interests as consideration for the purchase of such Holders’ Equity Interests. The Liquidation Trustee hereby accepts and agrees to hold the Trust Assets of the Debtor in trust for the Beneficiaries with Allowed Interests in the Debtor, in accordance with the terms of this Agreement and the Plan.