Reorganizing Debtors definition
Examples of Reorganizing Debtors in a sentence
The Litigation Trustee shall have no authority to bind the EPC Reorganizing Debtors in any manner except with respect to a Litigation Trust Cause of Action.
The Litigation Trust Interests will be uncertificated; accordingly, distributions of Litigation Trust Interests will be accomplished solely by the entry of the names of such Holders and their respective Allowed Claim against the EPC Reorganizing Debtors in the Claims registry maintained by the Responsible Person or its agents (the “Claims Registry”).
Except as provided in the Plan of Reorganization, all Claims (as defined in the Plan of Reorganization) against the Reorganizing Debtors have been discharged in full.
All such amounts withheld and paid to the appropriate taxing authority shall be treated as amounts distributed to the applicable Holders of the Claims against the Reorganizing Debtors.
The Litigation Trustee may withhold and pay to the appropriate taxing authority all amounts required to be withheld under the Tax Code or any provision of any foreign, state or local tax law with respect to any payment or Distribution on account of Claims against the Reorganizing Debtors.