Litigation Trust Oversight Committee definition

Litigation Trust Oversight Committee means a three-person committee with the role, responsibilities, and authority relating to the Litigation Trust and the Litigation Trust Assets set forth in the Litigation Trust Agreement and Sections 5.2(b) and 5.16 of the Plan, which shall initially be comprised of: (a) a member appointed by the Creditors’ Committee; (b) a member appointed by the First Lien Lender Group; and (c) Mr. Neal Goldman.
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Litigation Trust Oversight Committee means the committee formed pursuant to Article VI.C of the Plan to, among other things, select the Litigation Trustee and oversee the Litigation Trust, the work of the Litigation Trustee, and the prosecution of the Litigation Claims.
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Litigation Trust Oversight Committee means the committee established pursuant to the Litigation Trust Agreement that shall oversee the activity of the Litigation Trust. The Litigation Trust Oversight Committee shall consist initially of (a) Douglas Woodrum, (b) Ned Sherwood, (c) a designee of Columbia Pacific Opportunity Fund, L.P., one of the DIP Lenders, and (d) Fir Tree Capital Opportunity Master Fund, LP, Fir Tree Value Master Fund, L.P., and MRMP Managers, LLC, the other DIP Lenders.
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Examples of Litigation Trust Oversight Committee in a sentence

  • The duties and powers of the Litigation Trust Oversight Committee shall terminate upon the final resolution of the Litigation Claims and the final distribution of all proceeds in accordance with the terms of the Litigation Trust Agreement.

  • The identity of the members of the Litigation Trust Oversight Committee shall be disclosed in accordance with Section 1129(a)(5) of the Bankruptcy Code.

  • The Fuse Litigation Trust shall be dissolved as soon as practicable after the date that is the earlier to occur of: (a) the distribution of all proceeds from the Litigation Claims available for distribution pursuant to the Plan, or (b) the determination of the Litigation Trust Oversight Committee that the continued prosecution of the Litigation Claims is not likely to yield sufficient additional proceeds to justify further pursuit.

  • The Litigation Trust Oversight Committee shall be authorized to retain and employ Professionals to assist it with and advise it with respect to its duties under the Plan.

  • In some cases, abstracts were quite short and were lengthened, and in other cases they were quite long and were shortened.

  • SECTION 3.12 – SUBSTITUTES‌ Employees are responsible for contacting the North Thurston Public Schools Substitute Services Automated System in order to secure a substitute for his/her absence.

  • Similarly Highet, Stevenson, Purtell, and Coo’s (2014) grounded theory study found that in the transition to motherhood frustration, loss and dissatisfactions with pregnancy and motherhood were commonly experienced by mothers with anxiety and depression in the perinatal period.

  • In the event the Litigation Trustee dies, is terminated or resigns for any reason, the Litigation Trust Oversight Committee shall designate a successor.

  • For the avoidance of doubt, the Litigation Trust Oversight Committee shall bear its own costs and expenses and none of the Litigation Trust, the Debtors, the Estates, or the Reorganized Debtors shall have any liability for the fees and expenses of the Litigation Trust Oversight Committee.

  • The Litigation Trust Oversight Committee shall oversee the Litigation Trustee’s investigation and prosecution of the Litigation Trust Claims.


More Definitions of Litigation Trust Oversight Committee

Litigation Trust Oversight Committee means the committee appointed pursuant to Section III.C.3 of this Plan to oversee the activities of the Litigation Trust and the Litigation Trustee.
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Litigation Trust Oversight Committee means the three member committee appointed upon the Effective Date pursuant to the Litigation Trust Agreement, two of which members shall be appointed by the Required Supporting Noteholders and one of which shall be a member of the Creditors’ Oversight Committee.
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Litigation Trust Oversight Committee means three (3) Persons identified in the Plan Supplement that shall provide oversight and direction to the Litigation Trustee in accordance with the terms of the Litigation Trust Agreement.
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Litigation Trust Oversight Committee means a committee comprised
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Litigation Trust Oversight Committee means a committee comprised of three (3) individuals, two (2) of whom shall be appointed by the Creditors’ Committee, and one (1) of whom shall be appointed by the Required Tranche B DIP Lenders, or the Reorganized Debtors (as applicable), and whose members shall not be entitled to receive a salary in connection with service on such committee. If one of the two Creditors’ Committee-appointed members resigns, then the other Creditors’ Committee-appointed member may choose his/her replacement. If the Required Tranche B DIP Lenders/Reorganized Debtors-appointed member resigns, then the Required Tranche B DIP Lenders or the Reorganized Debtors (as applicable) may choose his/her replacement.
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Related to Litigation Trust Oversight Committee

  • 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.

  • Litigation Trust means the trust to be established on the Plan Implementation Date at the time specified in section 6.4(p) in accordance with the Litigation Trust Agreement pursuant to the laws of a jurisdiction that is acceptable to SFC and the Initial Consenting Noteholders, which trust will acquire the Litigation Trust Claims and will be funded with the Litigation Funding Amount in accordance with the Plan and the Litigation Trust Agreement.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

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

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

  • 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.

  • Enforcement Committee means 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 subsection XVI.P shall be provided when there are changes in membership or contact information.

  • 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;

  • Appeals Committee means a Committee or Tribunal duly appointed by by-law to conduct hearings under this By-law;

  • Appeal Committee means the appeal committee established by the Council in terms of section 12(3)(a);

  • 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

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

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

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.