MDC Debtors definition

MDC Debtors means MDC, MDC Reeves and Ward I.

Examples of MDC Debtors in a sentence

In addition, Holders of General Unsecured Claims that are members of Class 6 Classes against the MDC Debtors will receive nothing in a liquidation scenario, but, under the Plan will receive distributions from the MDC Litigation Trust based on recovery from the Litigation Claims in addition to, for any Luxe Claimants that are members of Class 6 Classes, distributions from the Luxe Settlement Fund.

Ex. 2 at § II.2.5(a) (the MDC Litigation Trust shall be “deemed to have been designated as a representative of the MDC Debtors and Plan Administrator, as applicable, pursuant to section 1123(b)(3)(B) of the Bankruptcy Code to enforce and pursue such MDC Litigation Trust Assets on behalf of the MDC Debtors and Plan Administrator .

The MDC Litigation Trust shall hold, among other things, all Litigation Claims owned by and belonging to the MDC Debtors and will distribute proceeds collected from prosecution of such Litigation Claims to Holders of Allowed MDC General Unsecured Claims.

Related to MDC Debtors

Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.
Goods means all of the equipment, machinery, and/or other materials that the supplier is required to supply to the purchaser under the contract.
Subsidiary means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code.
Facility means the entire operation located on the property where the Equipment is located;
fraudulent practice means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of the Procuring Entity, and includes collusive practices among Bidders (prior to or after bid submission) designed to establish bid prices at artificial, non-competitive levels and to deprive the Procuring Entity of the benefits of free and open competition.
Lien means, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset and (c) in the case of securities, any purchase option, call or similar right of a third party with respect to such securities.
Claim as used in this clause, means a written demand or written assertion by one of the contracting parties seeking, as a matter of right, the payment of money in a sum certain, the adjustment or interpretation of contract terms, or other relief arising under or relating to the contract. A claim arising under the contract, unlike a claim relating to the contract, is a claim that can be resolved under a contract clause that provides for the relief sought by the claimant. A voucher, invoice, or other routine request for payment that is not in dispute when submitted is not a claim. The submission may be converted to a claim by complying with the requirements of this clause, if it is disputed either as to liability or amount or is not acted upon in a reasonable time.
corrupt practice means the offering, giving, receiving, or soliciting of anything of value to influence the action of a public official in the procurement process or in contract execution.
Committee means the Compensation Committee of the Board.
Consumer means a person who is a member of the public, takes possession of food, is not functioning in the capacity of an operator of a food establishment or food processing plant, and does not offer the food for resale.
Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.
United States means the United States of America.
Member means any of the entities that make up the joint venture/consortium/association, and “Members” means all these entities.
Affiliate means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.
Court means the High Court;
Services means those functional services ancillary to the supply of the goods, such as transportation and any other incidental services, such as installation, commissioning, provision of technical assistance, training, catering, gardening, security, maintenance and other such obligations of the supplier covered under the contract.
Application means the application for this permit, together with any additional information supplied by the operator as part of the application and any response to a notice served under Schedule 5 to the EP Regulations.
Division means the division of the assets, liabilities and/or obligations of a Person (the “Dividing Person”) among two or more Persons (whether pursuant to a “plan of division” or similar arrangement), which may or may not include the Dividing Person and pursuant to which the Dividing Person may or may not survive.
Effective Date means each date and time that the Registration Statement, any post-effective amendment or amendments thereto and any Rule 462(b) Registration Statement became or becomes effective.
Control means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto.
Department means the department of natural resources.
Licensee means a person licensed under this chapter.
Site means any location, facility, or property as defined under any Environmental Law, whether or not presently or formerly owned or operated by the debtor, including, but not limited to, disposal sites.
Minister means the Minister in the Government of the State for the time being responsible for the administration of the Act to ratify this Agreement and pending the passing of that Act means the Minister for the time being designated in a notice from the State to the Company and includes the successors in office of the Minister;
Company means the Person named as the “Company” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Person.
Operator means the operator of an electronic communications code network.