Trust Advisory Board definition

Trust Advisory Board means the board that is to be created pursuant to Article 11.4 of this Plan for the purpose of advising the Trustee with respect to decisions affecting the Kmart Creditor Trust.

Trust Advisory Board means the Board that is to be created pursuant to Section 12.4 of the Plan for the purpose of advising the Trustee with respect to decisions affecting the Litigation Trust.

Trust Advisory Board means the board that is to be created pursuant to Section 10.4 of this Plan for the purpose of advising the Trustee with respect to decisions affecting the Creditors’ Trust to the extent set forth in the Trust Agreement.

Examples of Trust Advisory Board in a sentence

• Such meetings (other than the first meeting of the Trust Advisory Board) should be held telephonically as authorized by subsection 8(e)(i), when practicable.

• The Millennium Trust Trustee and the Delaware Trustee shall be entitled to reasonable compensation approved by the Millennium Trust Advisory Board in an amount consistent with that of similar functionaries in similar roles.

• In the event the Millennium Trust Trustee dies, is disabled, is removed or resigns for any reason, as provided in the Millennium Trust Agreement, the Millennium Trust Advisory Board shall designate a successor.

• The initial members of the Liquidating Trust Advisory Board shall be designated in the Plan Supplement.

• If the Trust Advisory Board determines not to consult with its counsel, accountants or other professionals, it shall not be deemed to impose any liability on the Trust Advisory Board, or its members and/or designees.

More Definitions of Trust Advisory Board

Trust Advisory Board shall have the meaning given to such term in the Litigation Trust Agreement. For the avoidance of doubt, members of the Trust Advisory Board as of the date of this Agreement are the Xxxxxxxxx Resolution Group, Inc., Greenfield Environmental Multistate Trust LLC, Le Petomane XXVII, Inc., Xxxxx Xxxxxx, Xxxxxxxx X. Xxxxxxx, and Xxxxxx Xxxxxxxx.

Trust Advisory Board means the board that is to be created pursuant to Article VIII hereof for the purpose of advising the Plan Administrator with respect to decisions affecting the Litigation Trust.

Trust Advisory Board means the Trust Advisory Board created under the

Trust Advisory Board means the trust advisory board provided for in the Liquidating Trust Agreement, as it may be constituted from time to time in accordance with the Liquidating Trust Agreement. As of the Effective Date, the Trust Advisory Board will be comprised of one Debtor nominee and two Committee nominees.

Trust Advisory Board means the board designated as such and composed of the Liquidating Trustee and a maximum of four (4) other individual persons designated by the Trust Holders from time to time as set forth in the Liquidating Trust Agreement.

Trust Advisory Board means the advisory board created for the Liquidation Trust and as further described in Section 6.4.

Trust Advisory Board means the board to be appointed in accordance with, and to exercise the duties set forth in, this Trust Agreement, which duties shall be (i) to oversee the liquidation and distribution of the Liquidating Trust Assets by the Liquidating Trustee in accordance with this Trust Agreement, the Plan and the Confirmation Order, (ii) to approve (or withhold approval) of those matters submitted to it for approval in accordance with the terms of this Trust Agreement, and (iii) to remove and appoint any successor to the Liquidating Trustee as provided for in this Trust Agreement.