Examples of UK Entities in a sentence
Prior to the Petition Date, each of the Debtors' subsidiaries organized in United Kingdom (the "UK Entities") guaranteed the Debtors' obligations to their Prepetition Lenders.
With respect to your dealing with the UK Entities, this [Equity Disclosure document] serves to provide additional information only to the extent that such information does not conflict with the ToB.
Further, in July 1995, the UK Entities acted as guarantors on $125,000,000 of 11.25% Senior Subordinated Notes due 2005 issued by Alliance (the "Notes").
The Debtors are duly authorized to execute, deliver, implement and fully perform any and all obligations, instruments, documents, and papers and to take any and all actions reasonably necessary or appropriate to consummate the Lehman UK Entities Settlement Agreement, including waiving any conditions precedent to its effectiveness, and to perform any and all obligations contemplated therein.
Pursuant to section 502 of the Bankruptcy Code, the Lehman UK Entities shall have Allowed Claims against the Debtors in the amounts set forth in the Lehman UK Entities Settlement Agreement.
The Chairman shall appoint the temporary Secretary, who shall serve until the new Secretary is elected.
The U.K. Entities filed general creditor claims against LBI, and LBI has claims against LBEL and LBL, including an asserted claim in the amount of approximately $116 million against LBEL.
As the UK Entities are not cash-flow positive, they are expected to continue to require funding from CSF to the extent they continue operations.
The CRO, in consultation with the Monitor and FTI UK, has considered different realization alternatives relating to the Applicants’ interests in the UK Entities.
Pursuant to the Amended Joint DIP Facility no payments were to have been made to the UK Entities notwithstanding that such payments were set out in the CCAA Cash Flows, until condition precedent (o) of the DIP term sheet is satisfied.