Debtor in Possession means any Debtor, in its capacity as a debtor in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code.
Debtor in Possession. ’ means debtor ex- cept when a person that has qualified under section 322 of this title is serving as trustee in the case;
Debtor in Possession means a debtor in respect of which insolvency proceedings have been opened which do not necessarily involve the appointment of an insolvency practitioner or the complete transfer of the rights and duties to administer the debtor's assets to an insolvency practitioner and where, therefore, the debtor remains totally or at least partially in control of its assets and affairs;
Examples of Debtor in Possession in a sentence
Insured Entity shall include any such entity as a Debtor in Possession.
More Definitions of Debtor in Possession
Debtor in Possession means the Debtor in its capacity as debtor-in-possession in the Chapter 11 Case pursuant to Sections 1107(a) and 1108 of the Bankruptcy Code.
Debtor in Possession or “Debtors in Possession” shall mean one or more of the Debtors, each in its capacity as a debtor in possession pursuant to Sections 1107(a) and 1108 of the Bankruptcy Code.
Debtor in Possession means each Debtor in its capacity as a debtor in possession under sections 1107(a) and 1108 of the Bankruptcy Code.
Debtor in Possession means a debtor in possession as such term is used in Chapter 11 of the United States Bankruptcy Code.
Debtor in Possession means the Debtor in its capacity as debtor in possession in the Reorganization Case under sections 1107(a) and 1108 of the Bankruptcy Code.
Debtor in Possession means a “debtor in possession” as such term is defined in Chapter 11 of the U.S. Bankruptcy Code as well as any equivalent status under any similar law.
Debtor in Possession means the Debtor, as debtor in possession in the Chapter 11