Examples of Operating Debtors in a sentence
Nothing in this Section 11.3 shall (i) constitute a waiver of any Claim, right, or Cause of Action of the Operating Debtors or the Post-Effective Date Debtor or their Estates may hold against any Person, including any insurer, or (ii) provide for the Allowance of any Insured Claim.
Objections to such requests must be filed by the Operating Debtors and served on the requesting party by the later of (a) forty-five (45) days after the Effective Date and (b) forty-five (45) days after the filing of the applicable request for payment of such Administrative Claims.
Further, subject to applicable law, upon the aforementioned certification and entry of a Final Decree, the Post-Effective Date Debtor shall be authorized to discard or destroy any and all pre-petition or post-petition books and records of the Operating Debtors in its possession that are Assets, subject to any contrary provisions in the APAs.
If the Operating Debtors fail to assert the non-satisfaction of any such conditions, such failure shall not be deemed a waiver of any other rights thereunder.
The failure to satisfy any condition may be asserted by the Operating Debtors regardless of the circumstances giving rise to the failure of such condition to be satisfied.