Liquidation Trust Beneficiaries definition

Liquidation Trust Beneficiaries means holders of Liquidation Trust Interests.

Liquidation Trust Beneficiaries means the holders of the Liquidation Trust Interests.

Liquidation Trust Beneficiaries means the Holders of Allowed General Unsecured Claims.

Examples of Liquidation Trust Beneficiaries in a sentence

• The Liquidation Trustee shall, in an expeditious but orderly manner, monetize and convert the Liquidation Trust Assets to Cash and make timely distributions to the Liquidation Trust Beneficiaries in accordance with the Plan.

• The Liquidation Trustee may withhold and pay to the appropriate taxing authority all amounts required to be withheld pursuant to the Tax Code or any provision of any foreign, state or local tax law with respect to any payment or distribution to the Liquidation Trust Beneficiaries.

• As soon as practicable after the establishment of the Liquidation Trust, the Liquidation Trustee shall determine the value of the assets transferred to the Liquidation Trust, and the Liquidation Trustee shall apprise, in writing, the Liquidation Trust Beneficiaries of such valuation.

• The valuation shall be used consistently by all parties (including the Liquidation Trustee and Liquidation Trust Beneficiaries) for all federal income tax purposes.

• The Debtors, the Liquidation Trustee, the Liquidation Trust Beneficiaries, and any party under the control of such parties will execute any documents or other instruments and shall take all other steps as necessary to cause title to the Liquidation Trust Assets to be transferred to the Liquidation Trust.

More Definitions of Liquidation Trust Beneficiaries

Liquidation Trust Beneficiaries means the Holders of all Allowed General Unsecured Claims.

Liquidation Trust Beneficiaries means the holders of the LiquidationTrust Interests.

Liquidation Trust Beneficiaries means all individuals and entities entitled to a Plan Distribution from the Liquidation Trust.

Liquidation Trust Beneficiaries means the “Beneficiaries” as defined in the Liquidation Trust Agreement.

Liquidation Trust Beneficiaries means all Persons, entities, and Claimants entitled to Distributions from the Estate pursuant to the Plan.

Liquidation Trust Beneficiaries means the Creditor Sub-Trust Beneficiaries and the Equity Interest Sub-Trust Beneficiaries.

Liquidation Trust Beneficiaries means the Holders of Claims that are to be satisfied under the Plan by post-Effective Date distributions to be made by the Liquidation Trust, including Holders of Deferred Professional Fees, any other unpaid Allowed Administrative Claims, and Allowed General Unsecured Claims.