Examples of Post-Confirmation Debtor in a sentence
On the Effective Date, the Plan Administrator shall begin acting for the Post-Confirmation Debtor in the same fiduciary capacity as applicable to a board of directors, subject to the provisions hereof.
If no party timely objects to any application pursuant to the Application Procedures, the Post-Confirmation Debtor may submit a proposed unopposed order granting the post-confirmation fee application and distribute cash sufficient to pay the Post-Confirmation Professional or other application, without need for further action or approval of the Bankruptcy Court.
Any such distributions that remain suspended as of the Effective Date or Allowance Date shall be transferred to the Post-Confirmation Debtor and held in a non interest-bearing account or fund maintained by the Post-Confirmation Debtor pending receipt by the Post-Confirmation Debtor of such information.
From and after the Effective Date, to the extent required by Section 1129(a)(13) of the Bankruptcy Code, the Post-Confirmation Debtor shall continue to pay all retiree benefits (as defined in Section 1114 of the Bankruptcy Code), if any, established or maintained by the Debtor prior to the Effective Date.
To determine such other matters, and for such other purposes, as may be provided in the Confirmation Order or as may be authorized under provisions of the Bankruptcy Code, including but not limited to in connection with the sale or liquidation of Assets by the Post-Confirmation Debtor.