Common use of Dissolution of Committee Clause in Contracts

Dissolution of Committee. Subject to Section 4.3, on and as of the Effective Date, the Creditors Committee shall be dissolved, and its members shall be released and discharged of and from all further authority, duties, responsibilities, and obligations related to and arising from and in connection with the Chapter 11 Cases.

Appears in 2 contracts

Sources: Backstop Commitment Agreement, Backstop Commitment Agreement (AbitibiBowater Inc.)

Dissolution of Committee. Subject to Section 4.3, on and as of the 6.14 Effective Date, the Creditors Committee shall be dissolved, and its members shall be released and discharged of and from all further authority, duties, responsibilities, and obligations related to and arising from and in connection with the Chapter 11 Cases.

Appears in 1 contract

Sources: Backstop Commitment Agreement