Post-Effective Date Estate means the remaining estate of the Debtor after the Effective Date and after the Reorganized Debtor has emerged from bankruptcy. On the Effective Date, all Post-Conformation Assets will vest in the Post-Effective Date Estate to be administered by the Disbursing Agent.
Examples of Post-Effective Date Estate in a sentence
One year from the later of: (i) the Effective Date, and (ii) the date a Claim is first Allowed, all unclaimed property or interests in property shall revert to the applicable Trust, Post-Effective Date Estate or the successor or assign of such Trust or Post-Effective Date Estate to be distributed pursuant to the terms of this Plan and any applicable Trust Agreement, and the Claim of any other holder to such property or interest in property shall be discharged and forever barred.
As soon as practicable after all aspects of the Plan pertaining to each Post-Effective Date Estate have been completed, each Post-Effective Date Estate shall be dissolved and wound up.