Creditors Trust Agreement definition

Creditors Trust Agreement means that certain trust agreement, substantially in the form of Exhibit 14.1 filed as a supplement prior to the Confirmation Hearing, which agreement shall govern the Creditors' Trust and which shall provide for the distribution of Net Creditors' Trust Proceeds to the Creditors' Trust Beneficiaries in accordance with the terms of this Plan and the assumption of the setoff obligations as provided in Section 7.11.2 of this Plan; provided that in the event of any conflict between the terms of the Creditors' Trust Agreement and the terms of this Plan, this Plan shall control.
Creditors Trust Agreement means a trust document in the form attached hereto as Appendix E.
Creditors Trust Agreement means the trust agreement pursuant to which the Creditors Trust is established.

Examples of Creditors Trust Agreement in a sentence

  • Its arguments are the result of a reflection on observed practices and interpretations and analyses of similar practices in philosophical and social scientific literatures.

  • The Creditors Trustee shall not have any liability to any Creditors Trust Beneficiary or to any Holder of a Claim for the consequences of his or her acts and omissions in the performance of duties under the Plan and Creditors Trust Agreement, except to the extent such consequences are caused by the Creditors Trustee’s intentional and willful misconduct, fraud or gross negligence.

  • A form of the proposed Creditors Trust Agreement and identity of the Creditors Trustee will be provided with the Plan Supplement and shall be subject to execution by the proposed Creditors Trustee, and further amendment and modification as necessary.

  • The Confirmation Order shall specifically include and constitute approval of the Creditors Trust Agreement and authorization of the Reorganized Debtors to execute the Creditors Trust Agreement.

  • In the event the Creditors Trustee dies, is terminated, or resigns for any reason, a successor Creditors Trustee shall be appointed in accordance with the terms of the Creditors Trust Agreement.


More Definitions of Creditors Trust Agreement

Creditors Trust Agreement or “Trust Agreement” means the trust agreement governing
Creditors Trust Agreement means the document Filed as Exhibit B to this Plan and titled “Trust Agreement for Life Partners Creditors’ Trust,” as it may be amended or otherwise modified, approved and entered into in accordance with this Plan, and pursuant to which the Creditors’ Trust will be established and administered.
Creditors Trust Agreement means the trust agreement governing the Creditors Trust, substantially in the form filed with the Bankruptcy Court as a Plan Supplement Document executed by the Debtors and the Trustee.
Creditors Trust Agreement means the creditors’ trust agreement to be dated as of the Effective Date establishing the terms and conditions of the Creditors’ Trust, which shall be in form and substance acceptable to the Proponents.
Creditors Trust Agreement means the Creditors Trust Agreement to be executed by the Debtors and the Creditors Trustee, the form of which shall be filed as a Plan Document.
Creditors Trust Agreement means the document Filed in the Plan Supplement and titled “Creditors’ Trust Agreement,” as approved and entered into in accordance with the Plan, and pursuant to which the Creditors’ Trust is being established and administered.
Creditors Trust Agreement means that certain agreement made by and among the Debtor, the Committee, and the Creditors' Trustee, establishing and delineating the terms and conditions of the Creditors' Trust substantially in the form to be filed as part of the Plan Supplement.