Debtor Assets definition

Debtor Assets means, collectively, all present and future assets, property and undertaking of any Debtor, real and personal, moveable and immoveable, of whatsoever nature and kind and wheresoever situate.
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Debtor Assets means all assets of the Debtor and the Debtor’s Estate prior to the Effective Date, including those in the Litigation Trust.
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Debtor Assets means all assets of the Debtor and the Debtor’s Estate prior to the Effective Date.
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Examples of Debtor Assets in a sentence

  • To the maximum extent permitted by law, the Junior Creditor waives any claim it might have against the Senior Creditors with respect to, or arising out of, any action or failure to act or any error of judgment, negligence, or mistake or oversight whatsoever on the part of any Senior Creditor or their respective directors, officers, employees or agents with respect to any exercise of rights or remedies under the Senior Loan Documents or any transaction relating to the Debtor Assets.

  • For the avoidance of doubt but without limitation, the Senior Creditors shall have the right, in their sole discretion, to exercise or refrain from exercising any powers, remedies or rights which any Senior Creditor may have thereunder and to otherwise deal freely with the Debtors and the Debtor Assets, all without affecting the liabilities and obligations of the Debtors and the Affiliate hereunder.

  • No Debtor shall grant, and the Junior Creditor shall not accept, a Lien in favour of the Junior Creditor or any Person on its behalf over any of its Debtor Assets.

  • The Senior Creditors shall be entitled to manage and supervise their financial accommodation to the Debtors in accordance with applicable law and as they deem appropriate under the circumstances, without regard to the existence of any rights that the Affiliate may now or in the future have in or to any of the Debtor Assets.

  • No Debtor shall grant, and the Affiliate shall not accept or assert, a Lien in favour of the Affiliate or any Person on its behalf over any of the Debtor Assets.

  • For the avoidance of doubt but without limitation, the Senior Creditors shall have the right, in their sole discretion, to exercise or refrain from exercising any powers, remedies or rights which any Senior Creditor may have thereunder and to otherwise deal freely with the Debtors and the Debtor Assets, all without affecting the liabilities and obligations of the Debtors and the Junior Creditor hereunder.

  • The Senior Creditors shall be entitled to manage and supervise their financial accommodation to the Debtors in accordance with applicable law and as they deem appropriate under the circumstances, without regard to the existence of any rights that the Junior Creditor may now or in the future have in or to any of the Debtor Assets.

  • For the avoidance of doubt but without limitation, the Senior Creditors shall have the right, in their sole discretion, to exercise or refrain from exercising any powers, remedies or rights which any Senior Creditor may have in respect of the Debtor Assets under the Senior Security and the other Senior Loan Documents and to otherwise deal freely with the Debtors, all without affecting the liabilities and obligations of the Debtors and the Junior Creditor hereunder.

  • No Debtor shall grant to or for the benefit of the Junior Creditor, and the Junior Creditor shall not accept, any Lien on any of the Debtor Assets as security for the whole or any part of the Junior Debt.

  • The Transferred Debtor Assets constitute property of the Debtor’s estate and rights, title and interests thereto are currently vested in the Debtor’s estate pursuant to, and within the meaning of, section 541(a) of the Bankruptcy Code.