Distribution Trust means the trust established under the Combined Plan and Disclosure Statement and the Distribution Trust Agreement.
Distribution Trust means the trust established pursuant to the Plan, among other things, to hold the Distribution Trust Assets and make distributions pursuant to the Plan.
Examples of Distribution Trust in a sentence
The Distribution Trust Agreement shall be provided in the Plan Supplement.
On the Effective Date, the Distribution Trust Agreement shall be executed by all parties thereto.
The Distribution Trustee shall make all Distributions required to be made under the Plan, including Distributions from the Distribution Trust.
All compensation for the Distribution Trustee shall be paid from the Distribution Trust Assets in accordance with the Distribution Trust Agreement.
Beneficiaries may wish to consult with a tax professional regarding the tax consequences of holding a Beneficial Interest in or receiving a Distribution from the Distribution Trust.
More Definitions of Distribution Trust
Distribution Trust means the trust to be formed on or prior to the Effective Date in accordance with the provisions of Section 6.2 of the Plan and the Distribution Trust Agreement for the payment of Allowed Claims and for the benefit of the Distribution Trust Beneficiaries as set forth herein.
Distribution Trust means the business trust established under the laws of the State of Delaware pursuant to the Distribution Trust Agreement.
Distribution Trust means the trust to be established pursuant to the Chapter 11 Plan on the Effective Date into which: (a) the Distribution Trust Reserves shall be funded; and (b) to which the following shall be contributed and transferred, among other things, as described in the Chapter 11 Plan and the Distribution Trust Agreement: (i) all SALIC/SRGL Claims; and (ii) all DT Post-Closing Rights. The Distribution Trust shall have the rights, duties and obligations, through a Distribution Trustee, as set forth in the Distribution Trust Agreement and in the Chapter 11 Plan, which shall be in form and substance reasonably acceptable to Purchaser and the SALIC Parties.
Distribution Trust means the business trust established under the laws of the State of Delaware pursuant to a distribution trust agreement among the depositor, the distribution trustees, the administrators thereof, the Company and the ANZ Australian Affiliate named therein.
Distribution Trust means the trust or similar vehicle to be formed on or prior to the Effective Date in accordance with the provisions of Article VI of the Plan and the Distribution Trust Agreement for the payment of Allowed Claims and for the benefit of the beneficiaries of the Distribution Trust. The election of whether the Distribution Trust is a formal trust or other similar vehicle, including without limitation, a segregated Reorganized Debtor entity solely for the purposes contemplated by Article VI of the Plan, shall be determined by the Debtors, in their sole discretion, after consultation with the Creditors’ Committee and the Equity Committee, and shall be disclosed in the Plan Supplement.
Distribution Trust means the Trust established by the Distribution Trust Agreement, as amended, among MSF, the Company and TMI Trust Company, as trustee dated as of March 12, 2018.
Distribution Trust means the trust established under the Combined Plan