Litigation Trust Interests definition

Litigation Trust Interests means the beneficial interests in the Litigation Trust to be created on the Plan Implementation Date.

Litigation Trust Interests means the Class 1C Litigation Trust Interests, Class 1D Litigation Trust Interests, Class 1E Litigation Trust Interests, Class 1F Litigation Trust Interests, Class 1I Litigation Trust Interests, and Class 1J Litigation Trust Interests.

Litigation Trust Interests means the beneficial interests in the Litigation Trust.

Examples of Litigation Trust Interests in a sentence

• All Litigation Trust Interests shall be satisfied solely out of Litigation Trust Assets, and Holders of Allowed Claims in the General Unsecured Classes shall not have recourse to Reorganized Greektown for unpaid portions of any Litigation Trust Interest.

• The SCC Litigation Trustee shall appoint an SCC Litigation Trust Registrar, which may be the SCC Litigation Trustee, for the purpose of recording ownership of the SCC Litigation Trust Interests.

• The SCC Litigation Trust Register shall contain the names, addresses for payment and notice, and class and number of SCC Litigation Trust Interests of each of the SCC Litigation Trust Beneficiaries.

• The Litigation Trust Interests shall not be capable of being transferred, assigned, pledged or hypothecated, in whole or in part.

• Regardless of such determination, the record holders of the SCC Litigation Trust Interests shall be recorded and set forth in the SCC Litigation Trust Register.

More Definitions of Litigation Trust Interests

Litigation Trust Interests means the beneficial interests in the Litigation Trust;

Litigation Trust Interests means the interests in the Litigation Trust, distributions of which will be made to Holders of Allowed General Unsecured Claims in accordance with Article III.B.4.

Litigation Trust Interests means the interests to be issued to the Litigation Trust Lenders and Holders of Allowed First Lien Lender Deficiency Claims, and Allowed General Unsecured Claims evidencing their interests in the Litigation Trust and the right to receive certain distributions therefrom in accordance with the Litigation Proceeds Waterfall.

Litigation Trust Interests means the beneficial interests in the Litigation Trust to be deemed distributed to holders of Allowed Prepetition Credit Agreement Claims and Allowed FairPoint Communications Unsecured Claims and the right to receive distributions on account of such beneficial interests.

Litigation Trust Interests means the beneficial interests in the Litigation Trust, which shall be allocated Pro Rata to the Holders of Class 4A General Unsecured Claims and Holders of Class 4B Prepetition Revolving Credit Facility Deficiency Claims.

Litigation Trust Interests means the non-transferable interests in the respective Litigation Trusts that are issued to the Litigation Trust Beneficiaries pursuant to this Plan.

Litigation Trust Interests shall have the meaning ascribed to such term in Section 3.2 herein.