Examples of MGG Settlement Agreement in a sentence
Except as otherwise provided in the Plan and the MGG Settlement Agreement as to LM Professionals, any professionals retained by the Plan Administrator may be paid out of the Wind-Down Trust Assets pursuant to the following procedures; provided, however, any contingency fees of retained counsel (which fee arrangement shall be up to the Plan Administrator in its discretion) shall only be funded out of the proceeds of any Retained Cause(s) of Action for which the contingency fees are earned.
In accordance with the MGG Settlement Agreement, all remaining DIP Claims shall be deemed satisfied, compromised, settled, and released as set forth in this Plan and the MGG Settlement Agreement.
Educational Profiles are descriptions of a university’s activities provided by the university in a form approved by the Commonwealth Minister.
Pursuant to the MGG Settlement Agreement, the Prepetition Agent is deemed the Holder of the MGG Subordinated Claims for purposes of voting on the Plan and is entitled to vote to accept or reject the Plan.
The MGG Settlement Agreement includes the good-faith compromise and settlement of all potential claims and Causes of Action of the Debtors and their Estates against the MGG Parties and certain Related Parties, pursuant to Bankruptcy Rule 9019, except as expressly provided in the MGG Settlement Agreement.
Except as otherwise expressly provided in the Plan or the MGG Settlement Agreement, the Plan Administrator, on behalf of Wind-Down Trust, shall be the sole representative of the Debtors and their Estates under section 1123(b)(3) of the Bankruptcy Code with respect to the Retained Causes of Action.
Additionally, unless the Bankruptcy Court enters a separate order providing for the approval of the MGG Settlement Agreement and related relief, the Debtors may request that the entry of the Confirmation Order will constitute the Bankruptcy Court’s approval of such compromises and settlements under Bankruptcy Rule 9019, as well as a finding by the Bankruptcy Court that such compromise and settlement is fair, equitable, reasonable, and in the best interests of the Debtors and their Estates.
Except as otherwise provided in the Planand the MGG Settlement Agreement as to LM Professionals, any professionals retained by the Plan Administrator may be paid out of the Wind-Down Trust Assets pursuant to the following procedures; provided, however, any contingency fees of retained counsel (which fee arrangement shall be up to the Plan Administrator in its discretion) shall only be funded out of the proceeds of any Retained Cause(s) of Action for which the contingency fees are earned.
Except as otherwise provided in the Plan and the MGG Settlement Agreement with respect to the LM Professionals, the Plan Administrator may pay the reasonable salaries, fees and expenses of such Persons out ofprofessionals for the Wind-Down Trust Assets in the ordinary course of business.
Pursuant to the terms of the MGG Settlement Agreement and this Plan, each MGG Subordinated Claim is an Allowed Class 3 Claim entitled to receive on account thereof its Ratable Share of Subordinated Beneficial Interests.