Examples of Litigation Trust Interests in a sentence
The Litigation Trust Interests shall not be capable of being transferred, assigned, pledged or hypothecated, in whole or in part.
The Litigation Trust Interests will be uncertificated; accordingly, distributions of Litigation Trust Interests will be accomplished solely by the entry of the names of the holders and their respective Litigation Trust Interests in the books and records of the Litigation Trust.
The distribution of Litigation Trust Interests to the holders of Litigation Trust Interests shall be accomplished as set forth herein.
Under section 1145 of the Bankruptcy Code, the issuance of Litigation Trust Interests under the Plan shall be exempt from registration under the Securities Act of 1933, as amended, and applicable state and local laws requiring registration of securities.
The Litigation Trust Interests have not been registered pursuant to the Securities Act of 1933, as amended, or any state securities law.