Non-RCS Debtors definition

Non-RCS Debtors shall have the meaning assigned to such term in the Restructuring Support Agreement.
Non-RCS Debtors means those Subsidiary Guarantors set forth on Schedule 1 hereto.

Examples of Non-RCS Debtors in a sentence

  • This Agreement is not intended to be, and each signatory to this Agreement acknowledges that this Agreement is not, and shall not be deemed, whether for the purposes of sections 1125 and 1126 of the Bankruptcy Code or otherwise, a solicitation of votes for the acceptance of a chapter 11 plan for either the RCS Debtors or Non-RCS Debtors.

  • Notwithstanding anything contained in this Agreement to the contrary, nothing herein shall obligate the RCS Debtors or Non-RCS Debtors to execute or file any agreement, document, pleading or order, as the case may be, that materially conflicts with any of the DIP Facility Term Sheet, the Exit Facility Term Sheet, the New Second Lien Facility Term Sheet, the Plan Term Sheet or the Non-RCS Debtors Plan Term Sheet and, in each case, including all exhibits thereto.

  • The Company (a) will not solicit acceptances of the Plan for the RCS Debtors from any Supporting Party until such Supporting Party has been sent a Disclosure Statement and related ballots, as approved by the Bankruptcy Court and (b) will solicit acceptances for the Plan for the Non-RCS Debtors in accordance with sections 1125 and 1126 of the Bankruptcy Code and applicable non- bankruptcy law.

  • Moreover, the Exit Facility is an inextricable component of the compromises embodied in the original Restructuring Support Agreement, the Amended RSA, the RCS Plan, and the prepackaged chapter 11 plan for the Non-RCS Debtors (the “ Non-RCS Plan,” and together with the RCS Plan, the “Plans”).

  • The Company (a) will not solicit acceptances of the Plan for the RCS Debtors from any Supporting Party until such Supporting Party has been sent a Disclosure Statement and related ballots, as approved by the Bankruptcy Court and (b) will solicit acceptances for the Plan for the Non-RCS Debtors in accordance with sections 1125 and 1126 of the Bankruptcy Code and applicable non-bankruptcy law.

Related to Non-RCS Debtors

  • Reorganized Debtors means the Debtors on and after the Effective Date.

  • Debtors has the meaning set forth in the Recitals.

  • Non-Debtor Subsidiaries means all direct and indirect subsidiaries of any Debtor that are not Debtors in the Chapter 11 Cases.

  • Subsidiary Debtors means, collectively, Congoleum Sales, Inc. and Congoleum Fiscal, Inc.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, reorganization, or otherwise, in the form of a corporation, limited liability company, partnership, or other form, as the case may be, on and after the Effective Date.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Non-Debtor Affiliate means any Affiliate of the Debtors that is not a Debtor in the Chapter 11 Cases.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Senior Debt Documents means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.

  • Reorganized means, with respect to the Debtors, any Debtor or any successor thereto, by merger, consolidation or otherwise, on or after the Effective Date.

  • Junior Debt Documents means the agreements governing any Junior Debt.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Other Priority Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Prepetition Collateral shall refer to (i) all of the Borrower’s personal property upon which a security interest may be granted under the Uniform Commercial Code, (ii) all of the Borrower’s real property, (iii) all of the Borrower’s assets in or upon which a lien or other security interest has otherwise been granted in favor or for the benefit of the Prepetition Agent and the Prepetition Lenders in connection with, pursuant to, or under, the Prepetition Credit Agreement and the other Prepetition Financing Documents, and (iv) any of the Borrower’s assets otherwise held by the Prepetition Agent or any Prepetition Lender or otherwise provided to the Prepetition Agent or any Prepetition Lender as security for the Prepetition Indebtedness, in each case that existed as of the Petition Date or at any time prepetition and, subject to section 552 of the Bankruptcy Code, postpetition proceeds, products, offspring, rents and profits of all of the foregoing.

  • Prepetition means arising or accruing prior to the Petition Date.

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor or an Affiliate of a Debtor or any Claim held by an Affiliate of a Debtor against a Debtor.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

  • Debtor Laws means all applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization, or similar laws, or general equitable principles from time to time in effect affecting the rights of creditors generally.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.