Delphi-DAS Debtors definition

Delphi-DAS Debtors means, collectively, Delphi Corporation, ASEC Manufacturing General Partnership, ASEC Sales General Partnership, Aspire, Inc., Delphi Automotive Systems LLC, Delphi Automotive Systems Global (Holdings), Inc., Delphi Automotive Systems Human Resources LLC, Delphi Automotive Systems Services LLC, Delphi Foreign Sales Corporation, Delphi Integrated Service Solutions, Inc., Delphi LLC, Delphi NY Holding Corporation, Delphi Receivables LLC, Delphi Services Holding Corporation, Delphi Automotive Systems Risk Management Corp., Delphi Automotive Systems Tennessee, Inc., Delphi Technologies, Inc., Delphi Electronics (Holding) LLC, Delphi Liquidation Holding Company, DREAL, Inc., Environmental Catalysts, LLC, and Exhaust Systems Corporation, as substantively consolidated for Plan purposes.
Delphi-DAS Debtors means, collectively, Delphi Corporation, ASEC Manufacturing General Partnership, ASEC Sales General Partnership, Aspire, Inc., Delphi Automotive Systems LLC, Delphi Automotive Systems Global (Holdings), Inc., Delphi Automotive Systems Human Resources LLC, Delphi Automotive Systems Services LLC, Delphi Foreign Sales Corporation, Delphi Integrated Service Solutions, Inc., Delphi LLC, Delphi NY Automotive Systems Risk Management Corp., Delphi Automotive Systems Tennessee, Inc., Delphi Technologies, Inc., Delphi Electronics (Holding) LLC, Delphi Liquidation Holding Company, DREAL, Inc., Environmental Catalysts, LLC, and Exhaust Systems Corporation, as substantively consolidated for Plan purposes.

Examples of Delphi-DAS Debtors in a sentence

  • Taking these and other factors into account, the Debtors determined that on balance, substantive consolidation of the Estates of the Delphi-DAS Debtors (Group 1), the DASHI Debtors (Group 2), the Connection Systems Debtors (Group 3), and the Specialty Electronics Debtors (Group 4) under the Plan is appropriate and in the best interests of the Company’s creditors.

  • To the extent sufficient proceeds are not available at the Delphi-DAS Debtors, all remaining payments to the DIP facility are made from the other Debtors as guarantors.

  • Alternatively, it is estimated that if all of the net proceeds were transferred to DTI, the additional value would not provide an incremental recovery to the general unsecured creditors of the Delphi-DAS Debtors.

  • GM Benefit Indemnity claims of $6.1 billion to $7.2 billion are included at Delphi-DAS Debtors and are treated pari passu with other general unsecured claims.

  • Alternatively, even if the RSE licensee has appointed directors to the board of the connected entity, their fiduciary duties to the connected entity would override any obligation to have regard to the wishes of the shareholder who appointed them.

  • DIP Facility claims are recovered in full in the Liquidation Analysis.To the extent sufficient proceeds are not available at the Delphi-DAS Debtors; all remaining payments to the DIP Facility are made from the other Debtors as guarantors.

  • Alternatively, it is estimated that the premiums associated with such a sale would need to be approximately 300% to result in an impact to the general unsecured creditor recoveries in the Delphi-DAS Debtors.

Related to Delphi-DAS Debtors

  • Debtors has the meaning set forth in the Recitals.

  • Reorganized Debtors means the Debtors on and after the Effective Date.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, reorganization, or otherwise, in the form of a corporation, limited liability company, partnership, or other form, as the case may be, on and after the Effective Date.

  • Subsidiary Debtors means, collectively, Congoleum Sales, Inc. and Congoleum Fiscal, Inc.

  • Non-Debtor Subsidiaries means all direct and indirect subsidiaries of any Debtor that are not Debtors in the Chapter 11 Cases.

  • DIP Motion means the motion filed by the Debtors seeking entry of the DIP Orders.

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • Non-Debtor Affiliate means any Affiliate of the Debtors that is not a Debtor in the Chapter 11 Cases.

  • Debtor means a person who is liable on a claim.

  • Reorganized means, with respect to the Debtors, any Debtor or any successor thereto, by merger, consolidation or otherwise, on or after the Effective Date.

  • DH means District Hospital;

  • Consumer debtor means a debtor in a consumer transaction.

  • Prepetition means arising or accruing prior to the Petition Date.

  • New debtor means a person that becomes bound as debtor under section 9203(4) by a security agreement previously entered into by another person.

  • Account Debtors mean all Persons who are obligated on the Receivables.

  • Reorganized Company means the Company, as reorganized pursuant to and under the Plan, on and after the Effective Date, or any successor or assign thereof.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Ad Hoc Group means the ad hoc group of Consenting Noteholders advised by the Ad Hoc Group Advisers.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Bankruptcy Cases has the meaning set forth in the Recitals.

  • Petition Date means the date on which the Debtors commenced the Chapter 11 Cases.

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition Credit Agreement.

  • Subordinated Liabilities means liabilities subordinated to the Borrower’s obligations to the Bank in a manner acceptable to the Bank in its sole discretion.

  • CEC means the California Energy Commission or its successor agency.

  • EME means an Exempted Micro Enterprise in terms of a code of good practice on black economic empowerment issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act;

  • KCC means the Kansas Corporation Commission.