Unsecured Creditor Trust Agreement definition

Unsecured Creditor Trust Agreement means the agreement creating the Unsecured Creditor Trust to be implemented pursuant to Article V of the Plan, and substantially in the form included in the Plan Supplement.
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Unsecured Creditor Trust Agreement means the trust or similar agreement that establishes the Unsecured Creditor Trust and governs the powers, duties, and responsibilities of the Unsecured Creditor Trustee, filed as part of the Plan Supplement, as may be amended, modified, or supplemented by the Debtors and the Committee from time to time prior to the Confirmation Date.
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Unsecured Creditor Trust Agreement means the trust or similar agreement that establishes the Unsecured Creditor Trust and governs the powers, duties, and responsibilities of the Unsecured Creditor Trustee.
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Examples of Unsecured Creditor Trust Agreement in a sentence

  • Other rights and duties of the trustee and the beneficiaries shall be as set forth in the Unsecured Creditor Trust Agreement.

  • On the Effective Date, each Holder of an Allowed Unsecured Claim in Class 4A shall, by operation of the Plan, (i) become a beneficiary of the Unsecured Creditor Trust, (ii) be bound by the Unsecured Creditor Trust Agreement, and (iii) receive an uncertificated beneficial interest in the Unsecured Creditor Trust in proportion to its pro rata share of Allowed Class 4A Claims.

  • On the Effective Date, a trust shall be established (the "Unsecured Creditor Trust") pursuant to the Unsecured Creditor Trust Agreement, for the purpose of distributing the Distributions to the holders of Allowed Class 4A Claims in accordance with the terms of the Plan.

  • Employees holding Allowed General Unsecured Claims shall receive Distributions on account of their Class 4 Beneficial Interest in accordance with the Unsecured Creditor Trust Agreement.

  • The Plan Trust Agreement, the Unsecured Creditor Trust Agreement, the Purchase Agreement, the Plan Documents, and such other certificates, documents, and instruments that may be necessary or appropriate to effectuate the Plan and transactions contemplated thereby (collectively, the “ Plan Transaction Documents”), and the terms and conditions thereof, are APPROVED.

  • Class 4 Beneficial Interests in the Unsecured Creditor Trust shall be allocated to Employees holding Class 4 Allowed General Unsecured Claims in accordance with the Unsecured Creditor Trust Agreement.

  • On the Effective Date, a trust shall be established (the "Unsecured Creditor Trust") pursuant to the Unsecured Creditor Trust Agreement, for the purpose of distributing the 97 119 Unsecured Creditor New Common Stock to the Holders of Allowed Class 4A Claims in accordance with the terms of the Plan.

  • Class 4 Beneficial Interests in the Unsecured Creditor Trust shall be allocated to holders of Class 4 General Unsecured Claims in accordance with the Unsecured Creditor Trust Agreement.

  • At or before the Closing, all necessary parties shall execute the Plan Trust Agreement and the Unsecured Creditor Trust Agreement.

  • On the Effective Date, the Unsecured Creditor Trust shall be established pursuant to the Unsecured Creditor Trust Agreement, for the purpose of distributing the Unsecured Creditor New Common Stock to the Holders of Allowed Class 4A Claims in accordance with the terms of the Plan.


More Definitions of Unsecured Creditor Trust Agreement

Unsecured Creditor Trust Agreement means the agreement described in Section 8.24, which agreement shall be in the form contained in the Plan Supplement and Acceptable to the Prepetition Secured Creditors.
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Unsecured Creditor Trust Agreement means that certain Liquidating Trust Agreement for the ATA Unsecured Creditor Trust attached to the Plan as Exhibit “B.”
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Related to Unsecured Creditor Trust Agreement

  • Collateral Trust Agreement means the Collateral Trust Agreement, dated as of the date hereof, among, among others, the Borrower, the subsidiaries of the Borrower party thereto from time to time as grantors, the MIP Shareholders party thereto from time to time and GLAS Trust Company LLC, in its respective capacities, including as Collateral Trustee.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Trust Agreement means this Amended and Restated Trust Agreement, as the same may be modified, amended or supplemented in accordance with the applicable provisions hereof, including all exhibits hereto, including, for all purposes of this Trust Agreement and any such modification, amendment or supplement, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Trust Agreement and any such modification, amendment or supplement, respectively.

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Class A Trust Agreement Has the meaning specified in the Intercreditor Agreement.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Class B Trust Agreement “Class B Trustee”, “Closing Date”, “Continental”, “Continental Bankruptcy Event”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

  • Principal Trust Deed means the principal trust deed 17 April 2013 between the Lender and the Trustee, as it may be amended or supplemented from time to time.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Grantor Trust Provisions Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.