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The Debtors Sample Clauses

The Debtors. 12.1. It is specifically recorded that the debtors have not been acquired by the purchaser in terms of this agreement. 12.2. In the event that any of the debtors makes payment to the purchaser, the purchaser shall pay the same to the seller within 7 days of receipt.
The Debtors.  ASEC Manufacturing General Partnership, 05-44482  Delphi Furukawa Wiring Systems LLC, 00-00000     ASEC Sales General Partnership, 05-44484 Aspire, Inc, 05-44618 Delco Electronics Overseas Corporation, 05-44610 Delphi Automotive Systems (Holding), Inc.,     Delphi Integrated Service Solutions, Inc., 05-44623 Delphi International Holdings Corp., 05-44591 Delphi International Services, Inc., 05-44583 Delphi Liquidation Holding Company, 05-44542 05-44596  Delphi Automotive Systems Global (Holding), Inc., 05-44636  Delphi LLC, 00-00000  Xxxxxx Automotive Systems Human Resources LLC, 05-44639  Delphi Mechatronic Systems, Inc., 05-44567  Delphi Automotive Systems International, Inc., 05-44589  Delphi Medical Systems Colorado Corporation, 05-44507  Delphi Automotive Systems Korea, Inc., 05-44580  Delphi Medical Systems Corporation, 00-00000  Xxxxxx Automotive Systems LLC, 05-44640  Delphi Medical Systems Texas Corporation, 05-44511  Delphi Automotive Systems Overseas Corporation, 00-00000  Xxxxxx XX Holding Corporation, 05-44480  Delphi Automotive Systems Risk Management Corp., 05-44570  Delphi Receivables LLC, 05-47459  Delphi Automotive Systems Services LLC, 05-44632  Delphi Automotive Systems Tennessee, Inc., 05-44558  Delphi Automotive Systems Thailand, Inc., 05-44586  Delphi Services Holding Corporation, 05-44633  Delphi Technologies, Inc., 05-44554  DREAL, Inc., 00-00000   Delphi China LLC, 05-44577 Delphi Connection Systems, 00-00000   Environmental Catalysts, LLC, 05-44503 Exhaust Systems Corporation, 00-00000  Xxxxxx Corporation, 05-44481  MobileAria, Inc., 00-00000  Xxxxxx Diesel Systems Corp., 05-44612  Packard Xxxxxx Interconnect Company, 00-00000  Xxxxxx Electronics (Holding) LLC, 05-44547  Specialty Electronics International Ltd., 05-44536  Delphi Foreign Sales Corporation, 05-44638  Specialty Electronics, Inc., 05-44539
The Debtors. (i) shall have filed a modified Plan which (a) provides the Century Entities with the benefits and protections of the Channeling Injunction, which benefits and protections are no less favorable to the Century Entities than those provided under the Eighth Modified Plan of Reorganization and are in form and substance acceptable to the Century Entities, (b) provides, in a form reasonably acceptable to Century Indemnity Company, for an injunction pursuant to Section 105(a) of the Bankruptcy Code that permanently enjoins all holders of Claims not channeled by the Channeling Injunction from asserting against the Century Entities any such Claims, provided that they arise out of or relate to the Subject Policies or the insuring relationship of the Century Entities with the Congoleum Entities, (c) provides, in a form reasonably acceptable to Century Indemnity Company, for the granting of a full and complete release by each claimant that receives a distribution under the Plan from the Trust of all Claims (including without limitation any and all claims against the Century Entities, the Congoleum Entities and the Additional Named Insureds), arising from, relating to, or involving the manufacture, sale, distribution, installation, formulation, marketing, transport, handling or any other activity involving any asbestos containing products of the Congoleum Entities or their premises to the extent such Claim arises from, relates to or involves exposure to asbestos, including without limitation, any operation claims, contribution claims, direct action claims, insurance coverage claims and that such modifications as are necessary are made to the Disclosure Statement and otherwise to cause such consent to be effective; provided, however, that any Person who files an objection to the Section 363 sale provisions of the Approval Order shall be denied the benefits of the release otherwise to be conferred by this Section II.E(c) with Century Indemnity Company and the Debtors having the joint right to waive this requirement; (d) provides that the Reorganized Debtors will not in any way voluntarily assist any person or entity in the establishment of any right, action, cause of action or claim against the Century Entities in anyway relating to any Asbestos Claim or other Claim released under this Settlement and Buyback Agreement; and (e) the terms of which Plan shall be consistent with the rights and benefits provided to the Century Entities under this Settlement and Buyback Agreem...
The Debtors. (a) agree that they have received notice sufficient for compliance with Sections 9-620 and 9-621 of the UCC and, in the alternative, hereby expressly waive (i) any requirement for receipt of such notice and any right to notification of sale, transfer, conveyance or surrender of the Foreclosed Collateral pursuant to Sections 9-620 and 9-621 of the UCC, and (ii) any remedies, rights, defenses or actions they might have as a result of failure to have received such notice; (b) waive the right to redeem the Foreclosed Collateral under Section 9-623 of the UCC or otherwise; (c) waive any right to object to the sale, transfer, conveyance or surrender of the Foreclosed Collateral pursuant to Section 9-620 of the UCC or otherwise; (d) waive any obligation of MTBC to dispose of the Foreclosed Collateral; (e) waive any other right, whether legal or equitable, that they may have in and to the Foreclosed Collateral; and (f) agree that the transactions contemplated herein are commercially reasonable. The Debtors acknowledge and agree that the waivers set forth in this Section and elsewhere in this Agreement constitute material consideration for the agreement of MTBC to execute and deliver this Agreement.
The Debtors. As long as this Agreement has not been terminated, the Debtors agree to:
The Debtors. ‌ There are a total of four (4) Debtors. Each Debtor has been assigned a number below for the purposes of classifying and treating Claims against and Interests in each Debtor. The Claims against and Interests in each Debtor, in turn, have been assigned to separate lettered Classes with respect to each Debtor based on the type of Claim or Interest involved. Accordingly, the classification of any particular Claim or Interest in any of the Debtors depends on the particular Debtor against which such Claim is asserted or in which such Interest is held and the type of Claim or Interest in question. The numbers applicable to the various Debtors are as follows: Number Debtor Name 1 Alsacia 2 Express 3 Panamerican 4 Eco Uno
The Debtors. The Debtors will use the proceeds of their respective Loans and any Letters of Credit issued hereunder (a) which are incurred on the Closing Date (net of any amounts used on the Closing Date to pay Fees) to repay in full the Prior Lender Obligations (including the Canadian Prior Lender Obligations), and (b) thereafter, (x) for working capital and general corporate purposes consistent with the Budget, including for the payment of certain fees and expenses of professionals retained by the Debtors, subject to the Carve-Out Amount, but excluding in any event the making of any Dividends or other distributions not specifically permitted in Section 6.08 and (y) to pay the costs and expenses related to the administration of the Chapter 11 Cases and for payment of certain other Pre-Petition expenses as contemplated in the Budget and as approved by the U.S. Bankruptcy Court and consented to by the US Administrative Agent. The Debtors may also use Letters of Credit issued hereunder to support obligations to pooled groups of vendors pursuant to Letter of Credit documentation acceptable to the applicable Issuing Bank. The Debtors shall not be permitted to use the proceeds of the Loans or any Letter of Credit: (i) for the payment of interest and principal with respect to subordinated debt or any other Pre-Petition Indebtedness of the Borrowers or any other Loan Party (except, as contemplated in the Budget and as approved by the U.S. Bankruptcy Court and the US Administrative Agent, for: (1) Pre-Petition employee wages, benefits and related employee taxes as of the Petition Date; (2) Pre-Petition sales, use and real property taxes; (3) Pre-Petition amounts due in respect of insurance financings; (4) amounts approved in accordance with other “first day orders” reasonably satisfactory to the US Administrative Agent; and (5) cure amounts reasonably acceptable to the US Administrative Agent under leases and executory contracts assumed with the approval of the U.S. Bankruptcy Court), (ii) to finance in any way any adversary action, suit, arbitration, proceeding, application, motion or other litigation of any type relating to or in connection with the Pre-Petition Credit Agreement of any of the loan documents or instruments entered in connection therewith, including without limitation, any challenges to the Prior Lender Obligations under the Pre-Petition Credit Agreement, or the validity, perfection, priority or enforceability of any Lien securing such claims or any payment ma...
The Debtors. 16. EHI is a privately held real estate development company incorporated under the OBCA with a registered head office located at 0-00 Xxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxx.0 XXX is the registered owner of the Real Property and holds, among other things, all income derived therefrom for the benefit of the Beneficial Owners.10 17. The Beneficial Owners are privately held companies incorporated under the OBCA with registered head offices in Toronto, Ontario.11 4 Xxxxxxx Affidavit, ibid at para 15, Application Record at Tab 2. 5 Xxxxxxx Affidavit, ibid at para 17, Application Record at Tab 2. 6 Xxxxxxx Affidavit, ibid at para 17, Application Record at Tab 2. 7 Xxxxxxx Affidavit, ibid at para 16, Application Record at Tab 2. 8 Xxxxxxx Affidavit, ibid at para 37, Application Record at Tab 2. 9 Xxxxxxx Affidavit, ibid at para 19, Application Record at Tab 2. 10 Xxxxxxx Affidavit, ibid at para 18, Application Record at Tab 2.‌‌‌‌‌‌ 11 Xxxxxxx Affidavit, ibid at paras 21, 23, Application Record at Tab 2.
The Debtors 

Related to The Debtors

  • New Debtor In the event that the Seller shall change the jurisdiction in which it is formed or otherwise enter into any transaction which would result in a “new debtor” (as defined in the UCC) succeeding to the obligations of the Seller hereunder, the Seller shall comply fully with the obligations of Section 4.02(a).

  • NO EXTRA CLAIMS The Employees and the Union shall not pursue any extra claims, either Award or over Award for the life of the Agreement. Without limiting the generality of the foregoing, there shall be no industrial action for the purpose of supporting or advancing claims against the company in relation to the above, until the Agreement's nominal expiry date has passed. Where any disagreement arises, the parties shall follow the Dispute Settlement Procedure contained in this Agreement.