Examples of Exclusive Period in a sentence
If a debtor does file a plan within the Exclusive Period, the debtor is given sixty (60) additional days (the "Solicitation Period") to solicit acceptances of its plan.
After the Exclusive Period has expired, a creditor or any other party-in-interest may file a plan, unless the debtor files a plan within the Exclusive Period.
Unless a trustee is appointed, only the debtor may file a plan during the first 120 days of a Chapter 11 case (the "Exclusive Period").
Schering shall use its reasonable efforts to diligently promote, market and sell the Product in each country within the Territory throughout the Exclusive Period.
Upon the expiration of the Exclusive Period, (a) Schering shall be granted a worldwide, perpetual, fully-paid up, non-exclusive license in and to the Know-How to enable Schering to develop, make, have made, use, sell and distribute Product in the Territory, and (b) Schering shall grant ICN reference to any Regulatory Approvals and pricing or reimbursement approvals relating to the Product in the Territory.