Common use of No Substantive Consolidation Clause in Contracts

No Substantive Consolidation. The Plan is being proposed as a joint plan of reorganization of the Debtors for administrative purposes only and constitutes a separate chapter 11 plan of reorganization for each Debtor. The Plan is not premised upon the substantive consolidation of the Debtors with respect to the Classes of Claims or Interests set forth in the Plan.

Appears in 3 contracts

Samples: Plan Support Agreement (Hertz Corp), Joinder Agreement (Hertz Corp), Plan Support Agreement (Hertz Corp)

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No Substantive Consolidation. The This Plan is being proposed as a joint chapter 11 plan of reorganization of the Debtors for administrative purposes only and constitutes a separate chapter 11 plan of reorganization for each Debtor. The This Plan is not premised upon the substantive consolidation of the Debtors with respect to the Classes of Claims or Interests set forth in the this Plan.

Appears in 1 contract

Samples: Transaction Support Agreement (JOANN Inc.)

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