Liquidating Committee definition

Liquidating Committee means three individuals, one of whom shall be designated by RRF and two of whom shall be chosen by the members of the Committee other than RRF and the Senior Notes Trustee.
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Liquidating Committee means the official committee to be formed as of the Effective Date as set forth in Article 9.6 of the Plan, to advise and oversee the Liquidating Trustee and to approve and consent to certain actions as specified in the Plan or provided in the Confirmation Order, solely in its capacity as such. The initial Liquidating Committee members shall be chosen by the Debtor subject to the approval of the Bankruptcy Courtwill consist of three members. One member will be nominated by the Lenders. The second member will be nominated by the unsecured creditors active in this Case and the Debtor. The third member will be nominated by the Producers active in this Case.
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Liquidating Committee means the Persons selected to fill the role of the supervisory committee of the Liquidating Trust under the terms of this Plan and the Liquidating Trust Agreement.
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Examples of Liquidating Committee in a sentence

  • If the quorum is not achieved in the first instance, the dissolution will occur without a quorum at a second meeting by a simple majority.12.2. In the case of dissolution of FEPTO, the Council shall appoint a Liquidating Committee.

  • Members of the Auditing Committee of the Company may not be the Members of the Supervisory Board, the Executive Committee, the Liquidating Committee and the Chief Executive Officer – Chairman of the Executive Committee at the same time, as well as be Members of the Counting Commission.

  • Any expenses, including attorney fees, incurred by the Liquidating Committee will be submitted to the management of the Debtor for payment and subject to approval by the Court if the Debtor does not approve payment after two weeks of receipt of the itemized statement.

  • Members of the Auditing Committee of the Company may not be Members of the Supervisory Board, the Executive Committee, the Liquidating Committee and the President at the same time, as well as be Members of the Counting Commission.

  • In the event that the Association is dissolved pursuant hereto, the General Assembly shall appoint a Liquidating Committee, who shall be charged with appraising the fair and reasonable value the Association Assets and liquidating the same in substantial accordance therewith.

  • If the resignation is due to the death or incapacity of the Liquidating Trustee, the Advisory Committee through counsel for the Liquidating Committee may petition the Bankruptcy Court for the appointment of a successor Liquidating Trustee.

  • Application of Equity: In the event of the M72 Class dissolution, a Liquidating Committee will be appointed to take charge of existing funds and, after satisfying debts, allocate the remainder, if applicable, to the ISAF-­‐International Sailing Federation (a non-­‐profit Sports Association) in order to promote sailing at grass-­‐roots level.

  • On the Effective Date, the Liquidating Trustee shall be the sole authorized representative and signatory of the Liquidating Trust, with authority to render any and all services necessary or desirable to effectuate the terms of the Plan, as provided for pursuant to the Plan and subject to the oversight of the Liquidating Committee where specified by the Plan.

  • The Liquidating Committee shall be entitled to rely, in good faith, on the advice of its retained professionals.

  • Once all debts and other financial obligations of the Association are cancelled and satisfied, the remainder of the Association Assets shall be donated tosuch independent charitable organizations as the Liquidating Committee shall deem appropriate.


More Definitions of Liquidating Committee

Liquidating Committee means a committee consisting of 3 individuals designated by the Pre-Petition Agent and 2 individuals designated by the Committee, and any duly designated successors to such individuals. The initial members of the Liquidating Committee shall be designated by the Pre-Petition Agent and the Committee in notices filed with the Bankruptcy Court prior to the Confirmation Date and shall be appointed pursuant to the Confirmation Order. The successor to any member of the Liquidating Committee who ceases to serve shall be designated by the remaining member or members who were designated by the same entity (Pre-Petition Agent or Committee) that originally designated the individual so replaced, or if there are no such remaining designees, by the Liquidating Agent.
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Liquidating Committee means the Liquidating Committee referred to in Section 4.4(a) hereof.
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Liquidating Committee has the meaning given thereto in Clause 20.2.3;
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Liquidating Committee has the meaning set forth in Section 2.2 hereof.
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Related to Liquidating Committee

  • Sub-Committee means a committee of a committee created by the Board.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.

  • Oversight Committee means the committee established to monitor the overall implementation of the Canada-Ontario-AMO-Toronto Agreement.

  • Joint Committee means the Joint Committee established by Article 164(1) of the withdrawal agreement;

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;

  • Hearing Committee means the committee appointed pursuant to this Plan to hear a request for an evidentiary hearing that has been properly filed and pursued by a practitioner.

  • Screening Committee means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • Creditors’ Committee means the statutory committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.

  • Negotiating Committee means a three-member group comprised by representatives of the following: (1) the State; and (2) two representatives of Local Governments of which one representative will be from a Municipality and one shall be from a County (collectively, “Members”) within the State. The State shall be represented by the Attorney General or her designee.

  • Project Committee means a Committee comprising the Minister, the Lord Mayor or Deputy Lord Mayor of the City and the Chairman or Acting Chairman of the Metropolitan Region Planning Authority constituted under and for the purposes of this Agreement;

  • Supervisory Committee means the Comisión Fiscalizadora of the Company.

  • P&T committee means a committee of the hospital composed of physicians, pharmacists, and other health professionals that evaluates the clinical use of drugs within the hospital, develops policies for managing drug use and administration in the hospital, and manages the hospital drug formulary system. “Physician” means a person who is currently licensed in Iowa to practice medicine and surgery, osteopathic medicine and surgery, or osteopathy. A physician who executes a written protocol with an authorized pharmacist shall supervise the pharmacist’s activities involved in the overall management of patients receiving medications or disease management services under the protocol. The physician may

  • Listing Committee the listing committee of the Stock Exchange;

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Joint Steering Committee or “JSC” has the meaning set forth in Section 3.1.

  • Standing Committee means a permanent committee with a regular meeting schedule and designated subject matter jurisdiction that is authorized by the Rules of the Senate or the Rules of the House of Representatives.

  • CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.