Common use of Payment of Statutory Fees Clause in Contracts

Payment of Statutory Fees. In the event that the Chapter 11 Cases remain open (or are closed but then reopened) solely because of disputes relating to the Liquidation Trust or this Trust Agreement, the Liquidation Trust Administrator shall be responsible and shall pay or shall reimburse the Debtors for, solely from the Liquidation Trust Assets, all fees payable by the Debtors pursuant to section 1930 of title 28 of the United States Code (the “UST Fees”) as required by that section. .

Appears in 2 contracts

Sources: Liquidation Trust Agreement, Liquidation Trust Agreement