Tort Claims Trust Distribution Procedures definition

Tort Claims Trust Distribution Procedures means the procedures to be implemented by the Tort Claims Trustee, pursuant to the terms and conditions of the Plan and the Tort Claims Trust Agreement, to process, liquidate and make Distributions on account of Tort Claims. Final determinations on the allowance or disallowance of Tort Claims for Distribution purposes shall be made in accordance with the Tort Claims Trust Distribution Procedures.
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Tort Claims Trust Distribution Procedures means the procedures to be implemented by the Tort
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Tort Claims Trust Distribution Procedures means the procedures to be implemented by the Tort Claims Trustee, pursuant to the terms and conditions of the Tort Claims Trust Agreement, to process, liquidate and make Distributions on account of Tort Claims.
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Examples of Tort Claims Trust Distribution Procedures in a sentence

  • In the event that any provision of this Tort Claims Trust Agreement or the Tort Claims Trust Distribution Procedures is found to be inconsistent with a provision of the Plan or the Confirmation Order, the provision of the Plan or the Confirmation Order shall control.

  • Thus, this Tort Claims Trust Agreement and the Tort Claims Trust Distribution Procedures incorporate and are subject to the provisions of the Plan.

  • The entire agreement of the parties relating to the subject matter of this Tort Claims Trust Agreement is contained herein, in the Tort Claims Trust Distribution Procedures, and in the in the Plan and in the documents referred to herein.

  • In the event that any provision of the Tort Claims Trust Distribution Procedures is found to be inconsistent with a provision of the Tort Claims Trust Agreement, the Tort Claims Trust Agreement shall control.

  • No provision in this Tort Claims Trust Agreement or the Tort Claims Trust Distribution Procedures shall be construed to mandate any distribution on any claim or other action that would contravene the Tort Claims Trust’s compliance with the requirements of a “qualified settlement fund” within the meaning of the QSF Regulations.

  • The Tort Claims Trustee shall promptly proceed to implement the Tort Claims Trust Distribution Procedures.

  • The principal purpose of this Tort Claims Trust Agreement and the Tort Claims Trust Distribution Procedures is to aid in the implementation of the Plan.

  • Where provided in the Tort Claims Trust Distribution Procedures, certain other actions of the Tort Claims Trustee are also subject to the consent of the TAC.

  • The Tort Claims Trustee may modify or amend the Tort Claims Trust Distribution Procedures by a writing with the consent of the TAC as provided in the Tort Claims Trust Distribution Procedures; provided, however, that no amendment to such procedures shall be inconsistent with the provisions limiting amendments to such procedures provided therein.

  • Subject to the terms and conditions of this Tort Claims Trust Agreement and the Tort Claims Trust Distribution Procedures, the Tort Claims Trustee may delegate responsibility for discrete issues or decisions to one or more third parties subject to continued oversight by the Tort Claims Trustee.

Related to Tort Claims Trust Distribution Procedures

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Account Information means any information relating to the Account including without limitation to the Account number, Account balance or value, gross receipts, withdrawals and payments to or from the Account.