Examples of Reclamation Trust Entity Agreement in a sentence
The powers, authority, responsibilities, and duties of the Reclamation Trust Entity, the Reclamation Trust Entity Representative, and Reclamation Trust Entity Board are set forth in and shall be governed by the Plan, the Plan Supplement, and the Reclamation Trust Entity Agreement.
In connection with the preparation of the valuation contemplated by the Plan and the Reclamation Trust Entity Agreement, the Reclamation Trust Entity Representative shall be entitled to retain such professionals and advisors as the Reclamation Trust Entity shall determine to be appropriate or necessary, and the Reclamation Trust Entity Board shall take such other actions in connection therewith as it determines to be appropriate or necessary.
The Reclamation Trust Entity Representative may enter into employment agreements and retain professionals to pursue the Causes of Action and otherwise advise the Reclamation Trust Entity Representative and provide services to the Reclamation Trust Entity in connection with the matters contemplated by the Plan, the Confirmation Order, and the Reclamation Trust Entity Agreement without further order of the Court.
The Reclamation Trust Entity Representative will administer the Reclamation Trust Entity in accordance with the Reclamation Trust Entity Agreement.
The Reclamation Trust Entity Agreement shall contain provisions customary to trust agreements utilized in comparable circumstances, including, without limitation, any and all provisions necessary to ensure the most efficient or preferred treatment for federal income tax purposes.
RETIREMENT PLANS, Continued The Association’s participation in these plans for the annual period ended June 30, 2020 and 2019, is outlined in the table below.
The indemnification described in the Reclamation Trust Entity Agreement will exclude willful misconduct, gross negligence, and professional malpractice.
As provided in and subject to the terms of the Reclamation Trust Entity Agreement, the sources of the funds for distribution to the holders of the Class B Reclamation Trust Equity Interests are distributions from Black Butte to Reorganized KCP, Inc.
The Reclamation Trust Entity may take all other actions not inconsistent with the provisions of the Plan and the Reclamation Trust Entity Agreement that the Reclamation Trust Entity Representative deems reasonably necessary or desirable with respect to administering the Plan.
Subject to the terms of the Reclamation Trust Entity Agreement, the Reclamation Trust Entity shall pay in Cash the reasonable and documented legal, professional, or other fees and expenses incurred by the Reorganized Debtors’ and the Reclamation Trust Entity’s professionals on and after the Effective Date, in the ordinary course of business, and without any further notice to or action, order, or approval of the Court.