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 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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Liquidating Committee has the meaning set forth in Section 2.2 hereof.
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Examples of Liquidating Committee in a sentence

  • Subject to the consent of the Liquidating Committee, the Liquidating Agent, in the exercise of its business judgment, will determine whether to pursue such Pending Debtor Claims in accordance with the best interests of the beneficiaries of the Liquidating Entity.

  • The Liquidating Entity shall be managed by the Liquidating Agent under the supervision of the Liquidating Committee.

  • Subject to the consent of the Liquidating Committee, the Liquidating Agent shall have all duties, powers, and standing and authority necessary to implement the Plan and to administer and liquidate the Reserved Assets and any other assets of the Liquidating Entity for the benefit of holders of Allowed Claims.

  • Subject to the consent of the Liquidating Committee, the Liquidating Agent will be empowered to make both periodic distributions and a final distribution.

  • Copies of all such proofs of Claim must be served on the Liquidating Agent and the Liquidating Committee.

  • Joseph Dryer 5068 West Plano Parkway Suite 345 Plano, TX 75093 If to the Liquidating Committee: Wilbur L.

  • 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.

  • In consultation with the Liquidating Committee established under Section 10.3.4 herein, the Debtors shall be responsible for supervising the liquidation of the remaining Assets and the consummation of the Plan.

  • 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.

  • Committee at any time by serving written notice upon the Manager and the Liquidating Committee.


More Definitions of Liquidating Committee

Liquidating Committee means the Liquidating Committee referred to in Section 4.4(a) hereof.
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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 has the meaning given thereto in Clause 20.2.3;
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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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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.

  • OH&S Committee is referred to hereafter, read “body nominated to implement policy on site”.

  • Oversight Committee means the committee established to monitor the overall implementation of this Administrative Agreement as outlined in section 7 (Oversight Committee) of this Administrative 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 managing committee entrusted with the management of a trade union;

  • 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.

  • Project Committee has the meaning assigned to it in Section 6.1;

  • Supervisory Committee means an oversight committee elected at a general meeting;

  • 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.