Title III Case definition

Title III Case means the Title III case under PROMESA pending for PREPA in the Title III Court, captioned as In re Financial Oversight & Management Board for Puerto Rico as representative of Puerto Rico Electric Power Authority [Case No. 17-BK-4780-LTS (D.P.R.)].
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Title III Case means Owner’s case under Title III of PROMESA in the U.S. District Court. Plan.
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Title III Case means the case under Title III of PROMESA styled In re The Financial Oversight and Management Board for Puerto Rico, as representative of Puerto Rico Electric Power Authority (PREPA) and numbered No. 17 BK 4780-LTS, which was instituted on July 2, 2017 by the Oversight Board by the filing of a voluntary petition for relief for Buyer.
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Examples of Title III Case in a sentence

  • Financial Guaranty Insurance Company, and National Public Finance Guarantee Corporation, dated July 17, 2020, filed in the HTA Title III Case [Dkt.

  • Cobra has an allowed administrative expense claim against PREPA pursuant to section 503(b) of title 11 of the United States Code (the “Bankruptcy Code”), made applicable in the PREPA Title III Case pursuant to section 301(a) of PROMESA, in the amount of $170,000,000, plus an amount equal to the Withheld FEMA Funds (as defined below) (the “Administrative Claim”), for work it performed under the First Agreement and the Second Agreement.

  • FOMB and PREPA acknowledge and agree that any plan of adjustment filed and/or confirmed in the PREPA Title III Case shall not contain any provisions contrary to or reducing, limiting, or delaying PREPA’s fulfillment of its obligations under this Agreement or contrary to or inconsistent with the other terms and conditions of this Agreement.