Reorganized Debtor Assets definition

Reorganized Debtor Assets means, on the Effective Date, all assets and interests of the Estate, control over which will be vested in the Reorganized Debtor, and, thereafter, all assets from time to time controlled by the Reorganized Debtor.
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Reorganized Debtor Assets means all assets, property, interests, and rights of the Estate or the Reorganized Debtor, including the Debtor Actions, together with the income, dividends, and proceeds, if any, derived from the assets, properties, interests, and rights vested in the Estate or the Reorganized Debtor.
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Reorganized Debtor Assets means (a) the Debtor’s rights with respect to the Reorganized Debtor Insurance Policies and any rights to assert claims with respect to such insurance policies; (b) the Debtor’s rights under the Purchase Agreement and any other Transaction Document (other than rights granted to the Environmental Response Trust relating to nondischargeable environmental claims); (c) the Debtor’s rights with respect to any Executory Contracts or Unexpired Leases identified on the Contract Assumption Schedule as being assigned to the Reorganized Debtor; and (d) the Cash remaining in the Debtor’s Estate on the Effective Date after (i) the transfer of the Liquidating Trust Cash Distribution to the Liquidating Trust on the Effective Date, (ii) the transfer of the ERT Cash Payment to the Environmental Response Trust on the Environmental Response Trust Effective Date, and (iii) the payment of the DIP Facility Claims, the USVI Concession Fee, and such other fees and expenditures required to be paid on or before the Effective Date pursuant to the Sale Order or the Plan.
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Examples of Reorganized Debtor Assets in a sentence

  • The Plan contemplates the creation of one or more Reorganized Debtors that will receive, as of the Effective Date of the Plan, the Reorganized Debtor Assets.

  • The Reorganized Debtors’ cash flow forecasts and the vesting of the Reorganized Debtor Assets in the Reorganized Debtors demonstrate that the Reorganized Debtors will be solvent and confirmation of the Plan is not likely to be followed by a liquidation or the need for further financial reorganization.

  • Specifically, the Reorganized Debtor will be charged with, among other things, (a) winding down the Debtor’s businesses and affairs, (b) resolving Administrative, Priority Tax, Professional Fee, Class 1, and Class 2 Claims, (c) making distributions on Allowed Administrative, Priority Tax, DIP Facility, Professional Fee, Class 1, and Class 2 Claims,(d) administering the Reorganized Debtor Assets, and (e) transferring the Environmental Response Trust Assets to the Environmental Response Trust.

  • On and after the Reorganized Debtor Completion Date, the Reorganized Debtor shall transfer (a) the D&O Policies to the Liquidating Trust, and (b) any remaining Reorganized Debtor Assets to the Environmental Response Trust.

  • They will be capitalized by the Reorganized Debtor Assets, which consists of cash, rights to payment and, among other assets, the Debtors’ software platforms and other business-related contracts and assets, as set forth more specifically in the Plan.

  • Further, pursuant to Section 4.6 of the Plan, on the Effective Date, the Reorganized Debtor Assets shall be transferred to and/or vest in the Reorganized Debtors, and the Reorganized Debtors shall be the sole party(ies) with standing to prosecute claims related thereto.

  • We may disclose personal data about you to the following recipients:• Internally, to the EIB relevant services and/or EIB governing and controlling bodies and in particular to:o IG/INo Human Resources (HR)o GR&C-OCCO• Externally to:o The European Commission, the European Court of Auditors, OLAF or EPPO.o In the context of market abuse, the CSSF and of AML-CFT, the Luxemburgish FIU.

  • Any expenses and costs incurred by the Reorganized Debtor in connection with the wind down and dissolution activities described in the preceding sentence shall be paid solely from the Reorganized Debtor Assets, and the Liquidating Trust shall have no obligation to fund such expenses.

  • As set forth in the definition of the term “Causes of Action” in the Plan, notwithstanding anything else herein, in the Term Sheet, the Plan or the Confirmation Order, Cause(s) of Action transferred to the Litigation Trust shall not include any Claims or Causes of Action against Released Parties or any of the obligations or assets included in the Reorganized Debtor Assets.

  • The agreement therefore needs to be assessed under Article 101(3).


More Definitions of Reorganized Debtor Assets

Reorganized Debtor Assets means all assets and properties of every kind, nature, character and description (whether real, personal, or mixed, whether tangible and intangible, including contract rights, wherever situated and by whomever possessed), operated, owned or leased by the Debtors as of the Effective Date and that constitute property of the Estate within the purview of Bankruptcy Code Section 541 including, without limitation,
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Reorganized Debtor Assets means all rights, title and interest in the Debtor’s Assets as of the Effective Date; provided, however, that if the Distribution Trust is required to be created pursuant to the terms of this Plan and the Debtor’s Assets therefore must first become Distribution Trust Assets, then, after all Allowed General Unsecured Claims are paid in full,including fees and interest from the Petition Date to the Effective Date accruing at the Federal Judgment Rate of Interest, any remaining Distribution Trust Assets shall be transferred to the Reorganized Debtor and become Reorganized Debtor Assets.
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Reorganized Debtor Assets shall have the meaning ascribed to such term in the Plan.
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Related to Reorganized Debtor Assets

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date.

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

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

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

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

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

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • New debtor means a person that becomes bound as debtor under section 9203(4) by a security agreement previously entered into by another person.

  • DH means the District Hospital of the concerned District

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Intercompany Claim means any Claim held by a Debtor against another Debtor.

  • Debtors has the meaning set forth in the Recitals.

  • 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.

  • Other Secured Claims means any Secured Claim against the Debtors that is not an Administrative

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

  • Debtors in Possession means the Debtors in their capacity as debtors in possession in the Chapter 11 Cases pursuant to sections 1101, 1107(a), and 1108 of the Bankruptcy Code.

  • Subordinated Claims means the aggregate amount of all claims admitted in the winding up or dissolution of the Issuer which rank, or are expressed to rank, junior to claims in respect of the Senior Non-Preferred Notes or other Senior Non-Preferred Claims, including (without limitation) (i) claims of creditors in respect of the Subordinated Notes and (ii) the obligations of the Issuer which constitute, or would but for any applicable limitation on the amount of such capital constitute, Tier 2 Capital, Additional Tier 1 Capital or CET1 Capital, including, for the avoidance of doubt, all claims in respect of Deferred Shares.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • 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.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • DIP Motion means a motion to be filed by the Debtors with the Bankruptcy Court seeking Bankruptcy Court approval of the DIP Facility, which motion shall be consistent in all material respects with this Agreement and otherwise in form and substance reasonably acceptable to the Requisite Parties.

  • Other Secured Claim means any Secured Claim other than an Administrative Claim, Secured Tax Claim, DIP Facility Claim, or Prepetition Credit Agreement Claim.

  • Related Claims means all Claims for Wrongful Acts based upon, arising out of, resulting from, or in any way involving the same or related facts, circumstances, situations, transactions or events or the same or related series of facts, circumstances situations, transactions or events, whether related logically, causally or in any other way.

  • Restructuring Claim means any right or claim of any Person against the Participating CCAA Parties (or any one of them) in connection with any indebtedness, liability or obligation of any kind whatsoever owed by the Participating CCAA Parties (or any one of them) to such Person, arising out of the restructuring, disclaimer, resiliation, termination or breach or suspension, on or after the applicable Filing Date, of any contract, employment agreement, lease or other agreement or arrangement, whether written or oral, and whether such restructuring, disclaimer, resiliation, termination or breach took place or takes place before or after the date of the Amended Claims Procedure Order, and, for greater certainty, includes any right or claim of an Employee of any of the Participating CCAA Parties arising from a termination of its employment after the applicable Filing Date, provided, however, that “Restructuring Claim” shall not include an Excluded Claim;

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • 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;