Creditor Trust Assets definition

Creditor Trust Assets means the State Law Avoidance Claims and any Cash contributed to the Creditor Trust.

Creditor Trust Assets means, collectively, (a) the Assigned Causes of Action, (b) the GUC Available Cash, (c) the Techakraisri Payment, (d) the Finch Payment, and (e) other assets that may be transferred or otherwise provided, directly or indirectly, to the Creditor Trust on or after the Effective Date by any Person.

Creditor Trust Assets means (i) all Creditor Assets, (ii) all proceeds of Creditor Assets, including interest thereon accruing from and after the Effective Date, (iii) all Litigation Assets, and (iv) all Litigation Assets Proceeds, including interest thereon accruing from and after the Effective Date.

Examples of Creditor Trust Assets in a sentence

• No holder of a Claim shall have recourse to the Reorganized Debtors (or any property of the Reorganized Debtors) or the Creditor Trust (or any of the Creditor Trust Assets), other than with regard to the enforcement of rights or Distributions under this Plan, and the transactions contemplated thereby and by the Definitive Documents.

• The Creditor Trust may be terminated earlier than its scheduled termination if (i) the Bankruptcy Court has entered a Final Order closing all of or the last of the Chapter 11 Cases pursuant to section 350(a) of the Bankruptcy Code and (ii) the Creditor Trustee has administered all Creditor Trust Assets and performed all other duties required by the Plan, the Confirmation Order, the Creditor Trust Agreement and the Creditor Trust.

• Any Cash or other property received from third parties from the prosecution, settlement, or compromise of any Cause of Action shall constitute Creditor Trust Assets for purposes of distributions under the Creditor Trust.

• If the applicant is proposing a spacing less than that specified in Section 73.207 but wishes to be processed under the contour protection standards of Section 73.215, the applicant should (1) mark box 16e, (2) list all stations for which it proposes to employ contour protection, and (3) supply the exhibit(s) demonstrating that the proposal complies with Section 73.215.

• Any transfer of the Creditor Trust Assets to the Creditor Trust shall be exempt from any stamp, real estate transfer, mortgage reporting, sales, use or other similar tax to the extent permitted under section 1146(a) of the Bankruptcy Code.

More Definitions of Creditor Trust Assets

Creditor Trust Assets means the Assets to be transferred to and vested in the Creditor Trust pursuant to the Plan and the Confirmation Order, plus all proceeds, earnings and replacements arising from or relating to those Creditor Trust Assets and all assets acquired by the Creditor Trust at any time. The Creditor Trust Assets include, without limitation:

Creditor Trust Assets means the Creditor Trust Claims, the Creditor Trust Funds, and any other assets acquired by the Creditor Trust after the Effective Date or pursuant to the Plan.

Creditor Trust Assets means those assets to be transferred to and vested in the Creditor Trust pursuant to this Plan and the Confirmation Order, plus all proceeds, earnings and replacements arising from or relating to these assets and all assets acquired by the Creditor Trust at any time. The Creditor Trust Assets shall include (but not be limited to): (i) all Cash held by the Debtor (less any Cash paid or to be paid on account of unpaid Allowed Professional Fee Claims); (ii) the Debtor’s remaining property, including accounts or any other tangible or intangible personal property and any and all proceeds thereof; (iii) the Debtor’s outstanding accounts receivable; (iv) the Debtor’s right, title and interest in and to all Causes of Action and any proceeds therefrom; and (v) all books and records related to the Debtor or its Estate. The Creditor Trust Assets shall not include any carve-outs from collateral of the Lenders, including without limitation amounts held by Professionals as carve-outs from the Lenders’ collateral to be used to compensate Professionals for their fees and expenses.

Creditor Trust Assets means all assets transferred to or acquired by the Creditor Trust including without limitation (i) all Estate Property as of the Effective Date; (ii) all Cash of the Debtor; (iii) all Accounts Receivable of the Debtor; (iv) all rights to collect assessments owed to the Debtor; (v) the D.R. Horton Proceeds; and (vi) all beneficial rights under the D.R. Horton Settlement.

Creditor Trust Assets means and collectively refers to (a) the pro rata share with the Class 5A Escrow of the Plan Cash as determined in Section 8.03 below; (b) pro rata share with the Class5A Escrow of the Net Non-Exempt Asset Sale Proceeds or Non-Exempt Assets; (c) the Litigation Claims, including the Litigation Claim Proceeds; and (d) pro rata share with the Class 5A Escrow of the Effective Date Holdback or any Creditor Trust Rebates, as and to the extent provided in Section8.07 of this Plan.

Creditor Trust Assets means the Creditor Note, which includes the Confirmation Payment, the Litigation Put, the Litigation Recovery Share, and the Transferred Preference Claims.

Creditor Trust Assets means the aggregate of (i) all Cash in the Debtors' Estates on the Effective Date, and (ii) all of the other assets and rights of the Debtors as of the Effective Date, including without limitation Litigation Rights.