Draft Petition definition
Draft Petition means a petition that has been prepared and submitted by a petitioner which has not been declared a “Circulating Petition” by the Board;
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Related to Draft Petition
Post-Petition means the time period beginning immediately upon the filing of the Chapter 11 Cases.
Post-Petition Interest means any interest or entitlement to fees or expenses or other charges that accrue after the commencement of any bankruptcy or insolvency proceeding, whether or not allowed or allowable as a claim in any such bankruptcy or insolvency proceeding.
Pre-Petition Credit Agreement has the meaning assigned to such term in the Recitals.
Insolvency Action With respect to any Person, the taking by such Person of any action resulting in an Insolvency Event, other than solely under clause (g) of the definition thereof.
foreign proceeding means a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, pursuant to a law relating to insolvency in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or liquidation;