Plan Administrator Agreement definition

Plan Administrator Agreement means the agreement, by and among the Debtors and the Plan Administrator specifying the rights, duties and responsibilities of the Plan Administrator Agreement under the Plan and providing that the Plan Administrator may retain professionals. In the event of a Section 363 Asset Sale, the Plan Administrator Agreement shall be filed with the Plan Supplement.

Plan Administrator Agreement means the agreement between and among the Debtors and the Plan Administrator, specifying the rights, duties and responsibilities of and to be performed by the Plan Administrator under the Plan, in substantially the form set forth in Exhibit A.

Plan Administrator Agreement means that certain agreement entered into no later than the Plan Effective Date setting forth, among other things, the Plan Administrator’s rights, powers, obligations, and compensation, all of which shall be consistent with the applicable provisions of the Plan; and which shall be in form and substance satisfactory to the Debtors and the Required Lenders.

Examples of Plan Administrator Agreement in a sentence

• The indemnification provisions of the Plan Administrator Agreement shall remain available to and be binding upon any former Plan Administrator or the estate of any decedent of the Plan Administrator and shall survive the termination of the Plan Administrator Agreement.

• Notwithstanding any other provision of the Plan or the Plan Administrator Agreement, no payments or Distributions shall be made with respect to a Disputed Claim unless and until all objections to such Disputed Claim have been settled, withdrawn, or determined by a Final Order, and the Disputed Claim has become an Allowed Claim.

• Distributions on account of Claims that first become Allowed Claims after the Effective Date shall be made pursuant to the terms and conditions of the Plan and the Plan Administrator Agreement.

• The Plan Administrator shall be compensated from the Operating Reserve pursuant to the terms of the Plan Administrator Agreement.

• The compensation for the Plan Administrator shall be as set forth in the Plan Administrator Agreement.

More Definitions of Plan Administrator Agreement

Plan Administrator Agreement means the agreement between the Debtors, the Committee, and Comerica, on the one hand, and the Plan Administrator on the other, which shall be filed with the Bankruptcy Court as part of the Plan Supplement.

Plan Administrator Agreement means that certain agreement entered into no later than the Plan Effective Date setting forth, among other things, the Plan Administrator’s rights, powers, obligations, and compensation, all of which shall be consistent with the applicable provisions of the Plan.

Plan Administrator Agreement means that certain agreement entered into no later than the

Plan Administrator Agreement means the agreement, if any, prescribing the powers, duties and rights of the Plan Administrator in administering this Plan.

Plan Administrator Agreement means, in the event of a Sale Transaction that results in one or more Post-Effective Date Debtor(s), the agreement between the Post-Effective Date Plan Administrator and the Post-Effective Date Debtor(s) regarding the administration and wind-down of the Post-Effective Date Debtor(s) assets and other matters related to their applicable Estate(s), which shall be filed as part of the Plan Supplement.

Plan Administrator Agreement means an agreement, to be entered into as of the Effective Date, by the Reorganized Debtor and the Plan Administrator, which sets forth, among other things, the duties and compensation of the Plan Administrator.

Plan Administrator Agreement means an agreement implementing the rights, powers, duties, and responsibilities provided to the Plan Administrator under the Plan, which agreement shall be filed with the Plan Supplement and in any event shall be in form and substance acceptable to the Debtors, the Required Consenting Lenders, and, to the extent set forth in the Restructuring Support Agreement, the Consenting Sponsor.