Liquidating Trust Advisory Board definition

Liquidating Trust Advisory Board means the board comprised no less than three (3) and no more than seven (7) members each of whom will be appointed by the Committee in accordance with the Liquidating Trust Agreement, vested with the powers and responsibilities set forth therein.
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Liquidating Trust Advisory Board means those individuals appointed in accordance with the Liquidating Trust Agreement with the powers and responsibilities set forth in the Liquidating Trust Agreement.
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Liquidating Trust Advisory Board means the board comprised of no less than three (3) and no more than seven (7) members, each of whom will initially be appointed by the Committee and thereafter by the members of the Liquidating Trust Advisory Board in accordance with this Agreement, vested with the powers and responsibilities set forth herein.
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Examples of Liquidating Trust Advisory Board in a sentence

  • Such removal shall become effective on the date specified in such action by the Liquidating Trust Advisory Board.

  • The Resident Trustee may resign at any time by giving 30 days’ written notice to the Liquidating Trustee and the Liquidating Trust Advisory Board; provided, however, that such resignation shall not be effective until such time as a successor Resident Trustee has accepted appointment.

  • The Liquidating Trust Advisory Board shall have the rights and duties as set forth in the Liquidating Trust Agreement.

  • Any provision of this Trust Agreement, including the number of members of the Liquidating Trust Advisory Board as set forth in Section 6.5(b) of this Trust Agreement, may be amended or waived only with the consent of all voting, then-existing members of the Liquidating Trust Advisory Board; provided that any such amendment which alters the duties or liabilities of the Resident Trustee shall also require the consent of the Resident Trustee.

  • If any conflicting claims or demands are made or asserted with respect to a Liquidating Trust Interest, the Liquidating Trustee shall, with the approval and/or at the direction of the Liquidating Trust Advisory Board, be entitled to refuse to comply with any such conflicting claims or demands.

  • The Liquidating Trustee may be removed by the Liquidating Trust Advisory Board with or without Cause.

  • For the definition of “NOI (Net Operating Income)” and “Estimated NOI (yearly)”, please refer to Note 3 of “ 1.

  • Liquidating Trust Expenses may not exceed Two Million Dollars ($2,000,000), except pursuant to an order from the Bankruptcy Court approving an increase in this limit, which order may be obtained by the Liquidating Trustee with the consent of the Liquidating Trust Advisory Board and a showing of cause for such increase to the Bankruptcy Court.

  • In so refusing, the Liquidating Trustee, with the approval and/or at the direction of the Liquidating Trust Advisory Board, may elect to make no payment or Distribution with respect to the Liquidating Trust Interest subject to the claims or demands involved, or any part thereof, and the Liquidating Trustee shall promptly refer such conflicting claims or demands to the Bankruptcy Court, which shall have exclusive jurisdiction over resolution of such conflicting claims or demands.

  • In the event that a Departing Member of the Liquidating Trust Advisory Board last served as the Chairperson of the Liquidating Trust Advisory Board, the remaining member designated by the Committee (or any successor of such member) shall automatically become the temporary Chairman of the Liquidating Trust Advisory Board, with the power to appoint a successor member to such Departing Member.


More Definitions of Liquidating Trust Advisory Board

Liquidating Trust Advisory Board means a two-member board appointed on the Effective Date, pursuant to the Liquidating Trust Agreement, to (a) instruct and supervise the Liquidating Trustee with respect to its responsibilities under the Plan and the Liquidating Trust Agreement and (b) review and approve decisions of the Liquidating Trustee as set forth in the Liquidating Trust Agreement.
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Liquidating Trust Advisory Board means the board comprised no less than
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Liquidating Trust Advisory Board means the advisory board described in Section 12.2 of the Liquidating Trust Agreement, and Section 5.3.4 of this Plan.
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Related to Liquidating Trust Advisory Board

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • 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 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.

  • 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.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • Advisory Board means the Long-Term Care Facility Advisory Board;

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

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

  • 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.

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

  • Liquidating Agent has the meaning specified in Section 7.2(a).

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

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

  • 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.

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • Trust Advisor means the trust advisor, operating advisor or other analogous term appointed as provided in the Lead Securitization Servicing Agreement.

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

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

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

  • 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;

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

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