Reorganized LINN Debtors means the LINN Debtors, as reorganized pursuant to and under the Plan, or any successor thereto, by merger, consolidation, or otherwise, except for those LINN Debtors that are dissolved or wound down pursuant to the terms of the Plan, and from and after the Effective Date, shall include (without limitation) Reorganized LINN and shall not include LINN, LinnCo, LAC, or Berry.
Examples of Reorganized LINN Debtors in a sentence
Debtors, or the Reorganized LINN Debtors, as applicable, are authorized, on the Effective Date of the LINN Plan, to indefeasibly pay $30 million in Cash to the LINN Second Lien Notes Trustee for the benefit of Holders of LINN Second Lien Notes Claims.
Without any further notice to or action, order, or approval of the Court, the LINN Debtors or the Reorganized LINN Debtors, as applicable, shall pay in Cash on the Effective Date of the LINN Plan all reasonable and documented unpaid fees and expenses incurred on or before the Effective Date of the LINN Plan of the LINN Indenture Trustees, including the LINN Indenture Trustee Fees and Expenses, without a reduction to recoveries of the Holders of the LINN Notes.
Reorganized LINN Debtors may pursue such Causes of Action, as appropriate, in accordance with the best interests of the Reorganized LINN Debtors.
No Entity may rely on the absence of a specific reference in the LINN Plan, the Plan Supplement, or the Disclosure Statement to any Cause of Action against it as any indication that the Debtors or the Reorganized LINN Debtors, as applicable, will not pursue any and all available Causes of Action against it.
Neither the exclusion nor inclusion of any Executory Contract or Unexpired Lease on the Rejected Executory Contract and Unexpired Lease List, nor anything contained in the Plan, shall constitute an admission by the LINN Debtors that any such contract or lease is in fact an Executory Contract or Unexpired Lease or that any of the Reorganized LINN Debtors has any liability thereunder.