Pre-Petition Creditors definition

Pre-Petition Creditors means those Creditors holding a Pre-Petition Claim;
Sample 1
Pre-Petition Creditors means holders of Pre-Petition Claims.
Sample 1

Examples of Pre-Petition Creditors in a sentence

  • The Debtors reserve the right to, pursuant to the Law, modify this Amendment until the date of approval of this Amendment by the Pre-Petition Creditors at the Creditors’ General Meeting, pursuant to art.

  • The Original Plan presented detailed information on the origin of the funds for the reestablishment and continuity of Oi Group’s business and social activities, its current needs and mainly the schedule for the discharge of its obligations with the Pre-Petition Creditors as novated by such plan.

  • The Companies under Reorganization, pursuant to article 20 of the LRF, may offer all Pre-Petition Creditors the option to participate in Mediation/Conciliation/Settlement with the Oi Group prior to the installation of the General Meeting of Creditors or after the Judicial Homologation of the Plan, as the case may be, even with the objective of resolving any disputes between any of the Companies under Reorganization and the Pre-Petition Creditors.

  • The Pre-Petition Creditors are fully aware that the deadlines, terms and conditions for payment of their Claims are amended by this Plan and that the Clauses, terms and conditions provided for in the 1st Judicial Reorganization Plan shall no longer apply to the Companies under Reorganization or the Pre-Petition Creditors and their respective Claims, except as otherwise expressly provided for in this Plan.

  • The resources allocated should be consistent with the responsibilities and activities mandated in the law, with a legal provision that allows for such resources to be increased as the regulatory system moves from basic-level to expanded-level regulatory controls.

  • From the Judicial Homologation of the Plan, the provisions of this Plan bind the Companies under Reorganization, their shareholders and partners, the Pre-Petition Creditors and their assignees and successors, pursuant to article 59 of the LRF.

  • The Original Plan presented detailed information on the origin of the funds for the reestablishment and continuity of Oi Group’s business and social activities, its current needs and mainly the schedule for the discharge of its obligations with the Pre-Petition Creditors as novated by such PRJ.

  • Class 3: General Unsecured Claims of Aurora and Pre-Petition Creditors Classification: Class 3 consists of General Unsecured Claims against the Debtor arisingfrom contracts terminated prior to the Petition Date, or deemed to have been terminated prior tothe Petition Date as a result of such contract’s rejection by the Debtor.

  • AMB Beacon Lakes Village — Phase 1 Bldg E1 — 5 units(4) South Florida 32,91812.

  • With the Judicial Homologation of the Plan, the Pre-Petition Creditors, except Labor Creditors, can no longer (i) file or pursue any Demand of any nature against the Companies under Reorganization related to any Pre-Petition Claim, except for the provisions of Art.

Related to Pre-Petition Creditors

  • Pre-Petition Credit Agreement has the meaning assigned to such term in the Recitals.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Post-Petition Interest means any interest or entitlement to fees or expenses or other charges that accrues after the commencement of any Insolvency Proceeding, whether or not allowed or allowable in any such Insolvency Proceeding.

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

  • Post-Petition means the time period beginning immediately upon the filing of the Chapter 11 Cases.

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

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

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Administrative Claims means Claims that have been filed timely and properly before theAdministrative Claims Bar Date set forth in the Confirmation Order (except as otherwise provided by a separate order of the Bankruptcy Court), for costs and expenses of administration under sections 503(b), 507(b), or 1114(e)(2) of the Bankruptcy Code, including, without limitation: the actual and necessary costs and expenses incurred after the Petition Date of preserving the Estates and operating the businesses of the Debtors (such as wages, salaries or commissions for services and payments for goods and other services and leased premises). Any fees or charges assessed against the Estates under section 1930 of chapter 123 of title 28 of the United States Code are excluded from the definition of Administrative Claims and shall be paid in accordance with Article V.N of the Plan. Notwithstanding anything to the contrary in this Plan, the filing of an Administrative Claim shall not be required in order to receive payment for any tax liability described in sections 503(b)(1)(B) and (C) in accordance with section 503(b)(1)(D) of the Bankruptcy Code.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • 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.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • 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.

  • Priority Tax Claims means Claims of governmental units of the kind specified in section 507(a)(8) of the Bankruptcy Code.

  • Subordinated Claims shall have the meaning set forth in Section 3.6(c)(i) hereof.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Administrative Claim means a Claim for costs and expenses of administration of the Estates under sections 503(b), 507(a)(2), 507(b), or 1114(e)(2) of the Bankruptcy Code, including: (a) the actual and necessary costs and expenses incurred on or after the Petition Date of preserving the Estates and operating the businesses of the Debtors; (b) Allowed Professional Fee Claims in the Chapter 11 Cases; and (c) all fees and charges assessed against the Estates under chapter 123 of title 28 of the United States Code, 28 U.S.C. §§ 1911-1930.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.

  • Administrative Claim Bar Date means the deadline for filing requests for payment of Administrative Claims, which shall be 30 days after the Effective Date.

  • 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.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • Prepetition Loan Documents means the “Loan Documents” as defined in the Prepetition Credit Agreement.