GUC Trust Interest definition

GUC Trust Interest means a non-certificated beneficial interest in the GUC Trust granted to each beneficiary of the GUC Trust, which shall entitle such holder to a Pro Rata share of the GUC Trust Net Assets, subject to the terms of the Plan and the GUC Trust Agreement.
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GUC Trust Interest means a beneficial interest in the GUC Trust.
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GUC Trust Interest means a GUC Trust Beneficiary’s pro-rata
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Examples of GUC Trust Interest in a sentence

  • Additionally, Travel time in connection with any such assignment shall be credited as time worked.

  • The ownership of a GUC Trust Interest shall not entitle any holder thereof to any title in or to the Trust Assets as such (which title shall be vested in the GUC Trustee) or to any right to call for a partition or division of the assets of the GUC Trust or to require an accounting.

  • Without limiting any Person's right to appeal any order of the Bankruptcy Court or to seek withdrawal of the reference with regard to any matter, the parties, including the members of the GUC Trust Beneficiary Committee and all Beneficiaries and holders of GUC Trust Interest, hereby consent to and submit to the jurisdiction and venue of the Bankruptcy Court.

  • For example, a Class 5 holder would hold a GUC Trust Interest and would be entitled to distributions only from GUC Trust Assets or proceeds therefrom.

Related to GUC Trust Interest

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • 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.

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Water interest means any right to the beneficial use of water, including:

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Grantor Trust means a Trust other than a RIC.

  • Company Interest means the interest of a Member in Profits, Losses and Distributions.

  • Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.

  • Asset Interest is defined in Section 2.1(b).

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • REMIC II Interests means, collectively, the REMIC II Regular Interests and the Class R-II Certificates.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.