Liquidating Trust Oversight Committee definition

Liquidating Trust Oversight Committee means the committee appointed pursuant to Section 7.3 of the Plan to oversee the activities of the Liquidating Trust and the Liquidating Trustee.
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Liquidating Trust Oversight Committee means a committee appointed and constituted on the Effective Date to exercise the powers set forth in Article 12.5(b) hereof.
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Liquidating Trust Oversight Committee means the committee established pursuant to the Liquidating Trust Agreement and § 6.3 of this Plan and as further described therein.
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Examples of Liquidating Trust Oversight Committee in a sentence

  • The Liquidating Trustee shall report material matters to, and seek approval for material decisions from, the Liquidating Trust Oversight Committee, as and to the extent set forth in the Liquidating Trust Agreement and consistent with Article VII.C.2 of the Plan.

  • In all circumstances, the Liquidating Trust Oversight Committee shall act in the best interests of all Liquidating Trust Beneficiaries and in furtherance of the purpose of the Liquidating Trust, and in accordance with the Liquidating Trust Agreement and not in its own best interest.

  • In furtherance of and consistent with the purpose of the Liquidating Trust and the Plan, the Liquidating Trust Oversight Committee shall oversee the activities of the Liquidating Trustee as set forth in the Liquidating Trust Agreement.

  • Article IV.C of the Plan sets forth certain of the rights, duties, and obligations of the Liquidating Trustee and the Liquidating Trust Oversight Committee.

  • The Liquidating Trust shall be governed by the Liquidating Trustee and the Liquidating Trust Oversight Committee.

  • The Liquidating Trustee and the Liquidating Trust Oversight Committee shall be entitled to rely, in good faith, on the advice of their professionals.

  • Any indemnification claim of the Liquidating Trustee, the Liquidating Trust Oversight Committee, and the other parties entitled to indemnification under this subsection shall be satisfied (i) first from the Liquidating Trust Administrative Fund and (ii) second from the Liquidating Trust Assets, as provided in the Liquidating Trust Agreement.

  • For all U.S. federal and applicable state and local income tax purposes, all parties (including, without limitation, the Debtors, the Liquidating Trustee, Liquidating Trust Oversight Committee, and the Liquidating Trust Beneficiaries) shall treat the Disputed Claims Reserve as a “disputed ownership fund” within the meaning of Treasury Regulation section 1.468B-9.

  • The costs and expenses of the Liquidating Trust, including the fees and expenses of the Liquidating Trustee and the Liquidating Trust Oversight Committee, their professionals, and other professionals retained on behalf of the Liquidating Trust (including the Retained Professionals), shall be paid out of the Liquidating Trust Administrative Fund, subject to the terms of the Liquidating Trust Agreement and subject to the oversight of the Liquidating Trust Oversight Committee.

  • The Liquidating Trustee and Liquidating Trust Oversight Committee shall each be entitled to reasonable compensation, subject to the terms of the Liquidating Trust Agreement, in an amount consistent with that of similar functionaries in similar types of bankruptcy cases.


More Definitions of Liquidating Trust Oversight Committee

Liquidating Trust Oversight Committee means the committee to be appointed in accordance with, and to exercise the duties set forth in the Liquidating Trust Agreement. The Liquidating Trust Oversight Committee shall consist of at least three (3) members as further provided in the Liquidating Trust Agreement.
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Liquidating Trust Oversight Committee means the committee appointed to manage and oversee the administration of the Liquidating Trust and the disposition of the Liquidating Trust Assets.
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Liquidating Trust Oversight Committee means the oversight board for
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Liquidating Trust Oversight Committee means the committee appointed pursuant to
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Liquidating Trust Oversight Committee means a committee, if any, appointed pursuant to Article IV.L.8 of the Plan and the Liquidating Trust Agreement and identified in the Plan Supplement, which, if appointed, shall have the responsibility to review and advise the Liquidating Trustee with respect to the liquidation and distribution of the Estates’ assets in accordance with the Liquidating Trust Agreement and this Plan.
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Related to Liquidating Trust Oversight Committee

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

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

  • 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.

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

  • Regulatory Oversight Committee means the committee of the Board constituted in accordance with Rule 204.

  • 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.

  • 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.

  • 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;

  • 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.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • 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

  • 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.

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

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

  • 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.

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

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

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Managing Owner as used only in this Section 4.7 shall include, in addition to the Managing Owner, any other Covered Person performing services on behalf of the Trust and acting within the scope of the Managing Owner’s authority as set forth in this Trust Agreement.

  • 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;

  • 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.

  • Enforcement Committee A committee consisting of representatives of the Settling States and of the Participating Subdivisions. Exhibit B contains the organizational bylaws of the Enforcement Committee. Notice pursuant to Section XIV.Q shall be provided when there are changes in membership or contact information.

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