Creditor Protection Proceedings definition

Creditor Protection Proceedings means (a) with respect to the Issuer and its Restricted Subsidiaries as of the Issue Date, shall have the meaning given such term in the Offering Memorandum and (b) with respect to any Person which becomes a Restricted Subsidiary after the Issue Date, any creditor protection proceedings under Chapter 11 of the United States Bankruptcy Code, the Canadian Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act (Canada), under any comparable statutory scheme, as applicable, which such Person may have been subject to prior to the date it became a Restricted Subsidiary.
Creditor Protection Proceedings means the Chapter 11 Cases, the Chapter 15 Proceedings and the CCAA Proceedings;
Creditor Protection Proceedings has the meaning ascribed to such term in the recitals to this Agreement;

Examples of Creditor Protection Proceedings in a sentence

  • However, a number of respondents pointed out that there is a complex division of labour within housebuilding that is not fully captured by this categorisation.

  • Collectively, all entities under the Creditor Protection Proceedings are referred to as the “Debtors”.

  • CONSOLIDATED STATEMENT OF CHANGES IN DEFICIT‌(Under Creditor Protection Proceedings as of April 16 and 17, 2009 – Notes 1, 2 and 3) (Unaudited, in millions) AbitibiBowater Inc.

  • Professional fees directly related to the Creditor Protection Proceedings and the establishment of the Plans of Reorganization, including legal, accounting and other professional fees, as well as professional fees incurred by our creditors.

  • Further experiments are proposed to address the possible generalization of the RDE beyond saccadic responding to manual responding and covert orienting.

  • Data for periods prior to December 10, 2010 is not shown because of the Creditor Protection Proceedings and the fact that the financial results of the Successor Company are not comparable to the results of the Predecessor Company.

  • As a result of the Creditor Protection Proceedings, each of the NYSE and the TSX delisted this common stock at the opening of business on May 21, 2009 and the close of market on May 15, 2009, respectively.

  • Those entities operating in Chapter 11 Proceedings are referred to as the “Debtors in Possession” or the “U.S. Debtors.” During the Creditor Protection Proceedings, the Debtors continue to operate under the jurisdictions and orders of the applicable courts and in accordance with applicable legislation.As of February 29, 2012, the U.S. Debtors consisted of the following entities: U.S. Debtors Case no.Nortel Networks Inc.

  • CONSOLIDATED BALANCE SHEETS‌(Under Creditor Protection Proceedings as of April 16 and 17, 2009 – Notes 1, 2 and 3) (Unaudited, in millions, except per share amount) September 30,December 31,2010 Commitments and contingenciesAbitibiBowater Inc.

  • As a result of the Creditor Protection Proceedings, our common stock has been suspended from trading on the NYSE and is expected to be delisted in the near future.

Related to Creditor Protection Proceedings

  • CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;

  • criminal proceedings means criminal proceedings in relation to which the strict rules of evidence apply;

  • Administration of criminal justice means performance of any activity directly involving the

  • Informal proceedings means proceedings for probate of a will or appointment of a personal representative conducted by the probate register without notice to interested persons.

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Insolvency Proceedings means bankruptcy, liquidation or other collective judicial or administrative proceedings, including interim proceedings, in which the assets and affairs of the debtor are subject to control or supervision by a court for the purposes of reorganisation or liquidation;

  • foreign main proceeding means a foreign proceeding taking place in the State where the debtor has the centre of its main interests;

  • Criminal justice information system means a system including the equipment, facilities, procedures,

  • Criminal proceeding means a proceeding instituted by means of the swearing of an information, the laying of a charge or the return of an indictment, before a Court of competent jurisdiction in Canada with jurisdiction to hear and determine the charges referred to therein, alleging or charging that the "Insured" has contravened the provisions of any Provincial or Federal statute, including the Criminal Code, R.S.C. 1985 ch. C-46 as amended, which creates an offence or crime and which provides for conviction thereunder, whether by way of summary conviction or indictment, and as a result of which the "Insured" is liable to be convicted, fined or sentenced to some form of imprisonment or other punishment.

  • civil proceedings means any proceedings in or before any court or tribunal that are not criminal proceedings;

  • Insolvency Act means the Insolvency Xxx 0000;

  • relevant proceedings means proceedings for contempt of court or proceedings under Schedule 2 to the Anti-social Behaviour, Crime and Policing Act 2014;

  • enforcement authority means any person or body having jurisdiction to enforce or to take action under or in respect of the relevant legal requirement.

  • Environmental Proceedings means any judicial or administrative proceedings arising from or in any way associated with any Environmental Requirement.

  • Criminal justice agency means (i) a court or any other governmental agency or subunit thereof

  • Debtor Laws means all applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time to time in effect affecting the rights of creditors or debtors generally.

  • foreign proceeding means a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, pursuant to a law relating to insolvency in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or liquidation;

  • Formal proceedings means proceedings conducted before a judge with notice to interested persons.

  • Enforcement Procedures means the procedures for the enforcement of Mortgages from time to time in accordance with the relevant Seller’s Policy;

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.

  • Bankruptcy Proceedings has the meaning set forth in clause (b) of paragraph 9 hereof.

  • Drug enforcement administration means the drug enforcement

  • primary insolvency jurisdiction means the Contracting State in which the centre of the debtor’s main interests is situated, which for this purpose shall be deemed to be the place of the debtor’s statutory seat or, if there is none, the place where the debtor is incorporated or formed, unless proved otherwise;

  • Insolvency or Liquidation Proceeding means, with respect to any Person, any liquidation, dissolution or winding up of such Person, or any bankruptcy, reorganization, insolvency, receivership or similar proceeding with respect to such Person, whether voluntary or involuntary.

  • Legal Proceedings means any judicial, administrative or arbitral actions, suits, proceedings (public or private) or governmental proceedings.