Examples of LP Debtors in a sentence
On Wednesday (or in the event such Wednesday is not a business day, the first business day thereafter) of each week, the LP Debtors will provide Willkie Farr & Gallagher LLP, Blackstone, and White & Case LLP (who shall reasonably promptly forward such information to each of the LP DIP Lenders at substantially the same time) with (a) cash balances as of the last day of the prior week and (b) a summary of material or key expenditures by category during the prior week.
The LP Debtors shall be permitted to pay compensation and reimbursement of expenses allowed and payable under sections 330 and 331 of the Bankruptcy Code and in accordance with the LP DIP Budget, as the same may be due and payable and the same shall not reduce the LP Carve-Out.
The LP Debtors shall be permitted to pay compensation and reimbursement of expenses allowed and payable under sections 330 and 331 of the Bankruptcy Code and in accordance with the Sixth Replacement LP DIP Budget, as the same may be due and payable and the same shall not reduce the LP Carve- Out.
On Wednesday (or in the event such Wednesday is not a business day, the first business day thereafter) of each week, the LP Debtors will provide Willkie Farr & GallagaherGallagher LLP, Blackstone, and White & Case LLP (who shall reasonably promptlyforward such information to each of the LP DIP Lenders at substantially the same time) with (a) cash balances as of the last day of the prior week and (b) a summary of material or key expenditures by category during the prior week.
On Wednesday (or in the event such Wednesday is not a business day, the first business day thereafter) of each week, the LP Debtors will provide Willkie Farr & Gallagher LLP, Blackstone, and White & Case LLP (who shall reasonably promptly forward such information to each of the LP DIP Lenders at substantially the same time) with (a) cash balances as of the last day of the prior week and(b) a summary of material or key expenditures by category during the prior week.
This transfer “gives the LP Lenders complete control over the LP Debtors, which on an ‘as-is’ basis provides a payment in full to the LP Lenders.” (Reply at ¶ 36.) No asset is incapable of valuation, argues Harbinger, and the valuation report prepared by Lazard Freres & Co., Harbinger’s financial advisor, is consistent with the prior valuations in these cases that show that the LP Collateral is worth more than the LP Debt.
Thus, Harbinger claims, because the value of the LP Debtors “far exceeds” the value of the LP Debt and because the transfer of the equity interests in LightSquared LP and LightSquared GP transfers control of this valuable collateral to the LP Lenders, the Inc.
This shortcoming would be resolved through the role that can be played in this respect by the bodies that monitor compliance with the obligations imposed on these States by human rights conventions, in particular the regional courts.46Nonetheless, the possibility of filling the absence of specific bodies for monitoring compliance with IHL through regional courts is far from being ideal.
Failure to submit a complete budget proposal, including Years 1 through 5, may result in disqualification.
The LP Debtors shall be permitted to pay compensation and reimbursement of expenses allowed and payable under sections 330 and 331 of the Bankruptcy Code and in accordance with the Fourth Replacement LP DIP Budget, as the same may be due and payable and the same shall not reduce the LP Carve-Out.