Filing Entities definition
Examples of Filing Entities in a sentence
This Agreement does not and shall not be deemed to grant any undue advantage or consideration to the Consenting Stakeholders and Shareholders to their sole advantage or to the detriment of other creditors of the Filing Entities for the purposes of sections 168 and 172 of the Brazilian Bankruptcy Law.
Each of the Filing Entities represents to the other Parties that as of the Agreement Effective Date, based on the facts and circumstances actually known by the Filing Entities as of the Agreement Effective Date, the Filing Entities’ entry into this Agreement is consistent with each of the Filing Entities’ fiduciary duties.
Implementation The Amended Restructuring Support Agreement contemplates that the Restructuring Transactions will be implemented through the Plan in the Company’s voluntary cases under chapter 11 of title 11 of the United States Code (the “Chapter 11 Cases”), with respect to the Filing Entities, and through an Administration or one or more of the other Implementation Mechanisms.
To the extent that it is necessary for any Other Filing Entity to take actions comparable to those required of Sellers under this Section 5.1 in order for the transactions contemplated hereby to be consummated, Sellers shall cause the Other Filing Entities to take such action or, if Sellers are unable to cause an Other Filing Entity to do so, Sellers shall be deemed to be in breach of this Section 5.1.
Proposed Filing Entities Primus Telecommunications Group, Incorporated, (the “Company” or “Group”), Primus Telecommunications Holding, Inc.