We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Disbursing Agent(s definition

Disbursing Agent(s means each of them.
Disbursing Agent(s means the Reorganized Plan Debtors or any other entity in its capacity as a disbursing agent under the Plan.
Disbursing Agent(s means the Reorganized Debtors or any other entity in its capacity as a disbursing agent under the Plan.

Examples of Disbursing Agent(s in a sentence

  • On each Quarterly Distribution Date, the applicable Disbursing Agents will make all distributions that become deliverable to holders of Allowed Claims during the preceding calendar quarter.

  • The Disbursing Agent(s) shall reasonably cooperate with the Prepetition Indenture Trustees, as agents or servicers, and the Prepetition Administrative Agents in making distributions in accordance with this Plan.

  • A Disbursing Agent shall not be required to give any bond or surety or other security for the performance of its duties, and all reasonable fees and expenses incurred by such Disbursing Agents directly related to distributions hereunder shall be reimbursed by the Reorganized Debtors.

  • The Disbursing Agent(s) shall make all distributions required under this Plan, except that (a) the Prepetition Indenture Trustees, as agents or servicers, shall make distributions to holders of Allowed Prepetition Note Claims in accordance with the Prepetition Indentures, and (b) the Prepetition Administrative Agents shall make the Initial Distribution to holders of Allowed Prepetition Bank Claims.

  • Notwithstanding any other provision of this Agreement, it is expressly understood and agreed that you are authorized in the performance of your duties hereunder to employ one or more Sub-Dividend Disbursing Agents.


More Definitions of Disbursing Agent(s

Disbursing Agent(s means any Entity in its capacity as a disbursing agent under Article VI of this Plan.
Disbursing Agent(s means any Entity acceptable to the Debtor and the Consenting Holders in its capacity as a disbursing agent under the Plan.
Disbursing Agent(s means the Entity or Entities designated by the Debtors or Reorganized Debtors, as applicable, or, with respect to any distributions to Class 7-A, the Post Effective Date Committee, to make or facilitate distributions that are to be made on and after the Effective Date.
Disbursing Agent(s means (a) with respect to Distributions to be made on the Effective Date (the Initial Distribution Date for First Tier Claims), either the Debtors or the Liquidation Trustee, or in either case any person(s) retained by the Debtors or the Liquidation Trustee to make such Distributions, (b) with respect to all other Distributions, other than Distributions to holders of Class 6 General Unsecured Claims, the Liquidation Trustee or any person retained by the Liquidation Trustee or any person(s) to effectuate the Distributions contemplated under the Plan, and (c) with respect to Distributions to holders of Class 6 General Unsecured Claims, the Litigation Trustee or any person retained by the Litigation Trustee or any person(s) to effectuate the Distributions contemplated under the Plan.
Disbursing Agent(s means the Reorganized Debtor solely with respect to Class 1, 2, 3 and 4, and the Litigation Trustee solely with respect to Class 5.
Disbursing Agent(s means, collectively, the Class 5 Disbursing Agent and the Debtors Disbursing Agent.
Disbursing Agent(s means any Entity acceptable to the Debtors and the Plan Sponsors (which shall not be unreasonably withheld, conditioned or delayed) in its capacity as a disbursing agent under this Plan.