Trust Advisory Committee definition

Trust Advisory Committee or "TAC" means a Trust Advisory Committee to be formed to represent all holders of Asbestos Personal Injury Claims to advise the Plan Trustee and to approve and consent to certain actions as specified herein and in the Plan Trust Agreement.

Trust Advisory Committee means the Trust Advisory Committee established pursuant to the terms of the Plan and having the powers, duties and obligations set forth in the Asbestos PI Trust Agreement.

Trust Advisory Committee means that certain trust advisory committee established pursuant to the Trust Agreement.

Examples of Trust Advisory Committee in a sentence

• The Plan Trustee may, with the consent and approval of the Trust Advisory Committee and the Futures Representative, reassign such Direct Action to such holder at any time.

• On the Effective Date, the Trust Advisory Committee will assume those powers, duties, and responsibilities as provided in the Plan Trust Agreement.

• Upon default under the Plan or any Plan Documents, the Debtors, the Reorganized Debtors, the Affiliates, ABI, the Plan Trust, the Trust Advisory Committee, the Futures Representative, and the Plan Trustee consent to the jurisdiction of the Bankruptcy Court, or any successor thereto, and agree that it shall be the preferred forum for all proceedings relating to such default.

• Upon default under the Plan or any Plan Documents, the Debtors, Reorganized Congoleum, the Affiliates, the Plan Trust, the Trust Advisory Committee, the Futures Representative, ABI and the Plan Trustee consent to the jurisdiction of the District Court, or any successor thereto, and agree that it shall be the preferred forum for all proceedings relating to such default.

• Except in the case of fraud, the Expert, the Institute of Arbitrators Australia, its directors and officers will not be liable to a party upon any cause of action whatsoever for any act or omission by the Expert in the performance or purported performance of the Process.

More Definitions of Trust Advisory Committee

Trust Advisory Committee means the Trusts advisory committee established pursuant to the terms of the Plan and the Arrowood Settlement Trust Agreement and General Settlement Trust Agreement. The initial members of the Trust Advisory Committee shall be identified in the Plan Supplement.

Trust Advisory Committee shall be two designated representatives of the holders of the Senior Notes and their successors, if any. The initial members of the Trust Advisory Committee shall be selected by the Unofficial Committee of Senior Note Holders. If a Trust Advisory Committee member resigns, no longer owns or controls Trust Certificates or is no longer able to carry out the duties as a member, the Bankruptcy Court (upon motion by either a Trust Certificate Holder or the Trustee) shall appoint a replacement member. Any such replacement member must own one or more Trust Certificates.

Trust Advisory Committee means an advisory committee consisting of individuals, family members, advocates, Care Providers, case managers and Housing Providers that make recommendations to the Department about policy and procedures concerning the operation of the Community Housing Trust Account.

Trust Advisory Committee means that committee appointed and serving in accordance with Article 5 of the Plan and having the powers, duties and obligations set forth in the Trust Agreement.

Trust Advisory Committee means the Trust Advisory Committee created by the Porter Hayden Bodily Injury Trust Agreement.

Trust Advisory Committee means an advisory committee consisting of individuals, family members, advocates, Care Providers, case managers

Trust Advisory Committee means a seven person committee comprised of four representatives from the Oil and Natural Gas Exploration and Production industry, and one representative from each of the Natural Gas Storage industry, the Hydrocarbon Cavern Storage industry, and the Salt Solution Mining industry, appointed by the Trustee to fulfill responsibilities assigned to it in this Agreement;