Powers of the Disbursing Agent Contract Clauses (8)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Powers of the Disbursing Agent clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Powers of the Disbursing Agent. The Disbursing Agent shall be empowered to: (a) effect all actions and execute all agreements, instruments, and other documents necessary to perform its duties under the Plan; (b) make all distributions contemplated hereby; (c) employ professionals to represent it with respect to its responsibilities; and (d) exercise such other powers as may be vested in the Disbursing Agent by order of the Bankruptcy Court, pursuant to the Plan, or as deemed by the Disbursing Agent to be necessary and proper t...o implement the provisions hereof. View More Arrow
Powers of the Disbursing Agent. The Disbursing Agent shall be empowered to: (a) (i) effect all actions and execute all agreements, instruments, and other documents necessary to perform its duties under the Plan; (b) (ii) make all distributions contemplated hereby; (c) (iii) employ professionals to represent it with respect to its responsibilities; and (d) (iv) exercise such other powers as may be vested in the Disbursing Agent by order of the Bankruptcy Court, pursuant to the Plan, or as deemed by the Disbursing Agent to be ne...cessary and proper to implement the provisions hereof. View More Arrow
Powers of the Disbursing Agent. The Disbursing Agent shall be empowered to: (a) effect all actions and execute all agreements, instruments, and other documents necessary to perform its duties under the Plan; (b) make all distributions contemplated hereby; hereby, including making distributions from the EFH/EFIH Cash Distribution Account at the direction of the EFH Plan Administrator Board; (c) employ professionals to represent it with respect to its responsibilities; and (d) exercise such other powers as may be vested in the D...isbursing Agent by order of the Bankruptcy Court, pursuant to the Plan, or as deemed by the Disbursing Agent to be necessary and proper to implement the provisions hereof. of the Plan. View More Arrow
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