Examples of Trustee Claims in a sentence
The Guarantor Trustee Claims entitles the Trustee, inter alia, to demand payment by the Guarantor, whenever an obligation that is payable by the Guarantor to a Noteholder under the Guarantee has become due (fällig), of an equal amount to the Trustee.
This Agreement shall be binding upon and inure to the benefit of the Trustee, Claims Administrator, respective predecessors, successors, assigns, heirs, legatees, affiliates, parents, subsidiaries, shareholders, officers, directors, employees, partners, agents, principals, attorneys, representatives, and professionals (as applicable) of the Parties to the extent provided by law.
Resolution of the FGIC Claims and the FGIC Trustee Claims against the Debtors clearly facilitates the administration of the estates and affects the liquidation of the assets of the estate.
Each of the Parties hereby agrees and acknowledges that the rights and benefits granted to each of them, subject to their respective obligations hereunder, constitute full and adequate consideration to each such Party to enter into this Agreement, and each such Party has expressly bargained for and agreed that the rights afforded them constitute a material inducement to agree to settle the Trustee Claims in accordance with the terms and conditions of this Agreement.
For declined claims, an additional review is undertaken by the Trustee Claims Team and the OTT.