GUC Recovery Trust Agreement definition

GUC Recovery Trust Agreement means the trust agreement by and among the Debtors and the GUC Recovery Trustee, substantially in the form included in the Plan Supplement and consistent with Section 5.18 of the Plan, which shall be in form and substance reasonably acceptable to the Creditors’ Committee and the Debtors.
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GUC Recovery Trust Agreement means the trust agreement governing, among other things, the retention and duties of the GUC Recovery Trustee as described in Article 6.20 hereof, substantially in the form included in the Plan Supplement; provided, that the
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Examples of GUC Recovery Trust Agreement in a sentence

  • Upon dissolution of the GUC Recovery Trust, any remaining GUC Recovery Trust Assets shall be distributed to holders of Allowed General Unsecured Claims in accordance with the Plan and the GUC Recovery Trust Agreement, as appropriate.

  • Any and all GUC Recovery Trust Interests shall not be transferrable, except in accordance with the GUC Recovery Trust Agreement.

  • After Holders of Allowed Class 5 Claims have fully recovered, and in full and final satisfaction, settlement, and release of and in exchange for their Allowed Class 3 Claims, Holders of Second Lien Term Loan Claims shall receive their Pro Rata Share of GUC Recovery Trust Interests (entitling the Holders of Second Lien Term Loan Claims to their Pro Rata share of the GUC Recovery Trust Assets in accordance with the GUC Recovery Trust Agreement).

  • Furthermore, if the GUC Recovery Trust violates such covenant, the GUC Recovery Trust shall, pursuant to the GUC Recovery Trust Agreement, agree to pay, in addition to such other monetary damages such Transferred Employees may sustain as a result of such violation, all reasonable and documented attorneys’ and other advisors’ fees and costs incurred by the Transferred Employees as a result of such violation.

  • Furthermore, if the GUC Recovery Trust violates the such covenant, the GUC Recovery Trust shall, pursuant to the GUC Recovery Trust Agreement, agree to pay, in addition to such other monetary damages such Transferred Employees may sustain as a result of such violation, all reasonable and documented attorneys’ and other advisors’ fees and costs incurred by the Transferred Employees as a result of such violation.

  • Upon dissolution of the GUC Recovery Trust, any remaining GUC Recovery Trust Assets shall be distributed to holders of Allowed General Unsecured Claims in accordance with the Plan and the GUC Recovery Trust Agreement as appropriate.

  • The GUC Recovery Trustee, to be selected by the Committee, shall have the exclusive right and power pursuant to the Plan and the GUC Recovery Trust Agreement to file, prosecute, and settle such GUC Recovery Trust Causes of Action.

  • The Plan established the JCK Legacy GUC Recovery Trust (the “GUC Recovery Trust”), which is governed by the GUC Recovery Trust Agreement.

  • The GUC Recovery Trustee shall be discharged and the GUC Recovery Trust shall be dissolved, wound up, and terminated at such time as (i) all Disputed Claims in Classes 3 and 5 have been resolved, (ii) all of the GUC Recovery Trust Assets have been liquidated, (iii) all duties and obligations of the GUC Recovery Trustee hereunder have been fulfilled, and (iv) all distributions required to be made by the GUC Recovery Trust under the Plan and the GUC Recovery Trust Agreement have been made.

  • The Association has reminded that failure to do so may damage corporate reputation and financial well-being.

Related to GUC Recovery Trust Agreement

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Trust Agreement means the Amended and Restated Trust Agreement, dated as of the Closing Date, between the Seller and the Owner Trustee, as the same may be amended and supplemented from time to time.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

  • Class A Trust Agreement means the Basic Agreement, as supplemented by Trust Supplement No. 2015-1A thereto, dated as of the date hereof, governing the creation and administration of the American Airlines Pass Through Trust 2015-1A and the issuance of the Class A Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • Trust Agreements shall have the meanings ascribed to them in the introductory paragraph of the Authorized Participant Agreement.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • SUBI Trust Agreement means the Vehicle Trust Agreement as supplemented by that certain supplement, dated as of April 16, 2014, among the parties to the Vehicle Trust Agreement, as amended or supplemented from time to time.

  • Class B Trust Agreement means the Basic Agreement, as supplemented by the Trust Supplement No. 2016-1B thereto, governing the creation and administration of the United Airlines Pass Through Trust 2016-1B and the issuance of the Class B Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.

  • Refinancing Trust Agreement has the meaning specified in Section 9.1(c).

  • Basic Pass Through Trust Agreement means the Pass Through Trust Agreement, dated October 3, 2012, between Owner and Pass Through Trustee, but does not include any Trust Supplement.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Related Pass Through Trust Agreement Means the Basic Agreement as supplemented by the Trust Supplement No. 1998-1B-S dated the date hereof relating to the Continental Airlines Pass Through Trust 1998-1B-S and entered into by the Company and the Trustee, which agreement becomes effective upon the execution and delivery of the Assignment and Assumption Agreement pursuant to Section 7.01 of this Trust Supplement.

  • Trustee Agreement means the trustee agreement entered into on or before the First Issue Date, between the Issuer and the Trustee, or any replacement trustee agreement entered into after the First Issue Date between the Issuer and a trustee, regarding, inter alia, the remuneration payable to the Trustee or a replacement trustee.