Examples of First Day Orders in a sentence
To the extent any adjustments are necessary for any payments made on account of such claims following the commencement of these chapter 11 cases pursuant to the authority granted to the Debtors by the Bankruptcy Court under the First Day Orders, such adjustments have been included in the MOR unless otherwise noted.
The Debtors have not included certain claims of this nature in the Schedules and Statements to the extent that such claims were already paid under the First Day Orders.
All First Day Orders intended to be entered by the Bankruptcy Court at or immediately after the Debtors’ “first day” hearing shall have been entered by the Bankruptcy Court, shall be Approved Bankruptcy Court Orders and shall be in full force and effect.
In addition to the exclusion of claims in the Statements and Schedules that were paid pursuant to First Day Orders, the Debtors have also excluded any claims that were secured by letters of credit where the claimants have made postpetition draws against the letters of credit to satisfy their respective prepetition claims.