Examples of Affiliated Debtors in a sentence
Any party failing to submit a Cure Claim by the Cure Claim Submission Deadline shall be forever barred from asserting, collecting, or seeking to collect any amounts relating thereto against the Debtor, Reorganized RoomStore or the Affiliated Debtors and their respective successors and assigns.
In consideration for the transfer and conveyance of the Miscellaneous RoomStore Assets, the Debtor shall (x) establish the Contingent Funding Commitment and (y) release the Affiliated Debtors from all liability to reimburse the Debtor for its post-petition funding of various costs and expenses of the administration of the Chapter 11 Case or the chapter 11 cases of the Affiliated Debtors.
Entry of the Confirmation Order shall constitute the approval of (i) the sale, transfer, conveyance and assignment of the Miscellaneous RoomStore Assets to Reorganized RoomStore and (ii) the settlement and compromise, pursuant to Bankruptcy Rule 9019, and release of the Affiliated Debtors by the Debtor for the unreimbursed, post-petition funding costs of administration of any of the Affiliated Debtors’ chapter 11 cases.
The Amended Certificate of Incorporation and the certificates or articles of incorporation or organization of the Reorganized Affiliated Debtors will authorize the Reorganized Debtors to indemnify and exculpate their respective officers, directors or managers and agents to the fullest extent permitted under applicable law.
In connection with such exchange, none of the Affiliated Debtors shall have any Allowed Administrative Claims in connection with the transfer of the Miscellaneous RoomStore Assets to Reorganized RoomStore.
Notwithstanding the foregoing, a Change in Control under the Plan shall not be deemed to have occurred as a result of the implementation of the Sixth Amended Joint Plan of Reorganization for Owens Corning and Its Affiliated Debtors and Debtors-In-Possession (As Modified), which was confirmed by the United States Bankruptcy Court for the District of Delaware on September 26, 2006, or any restructuring of the Company associated with the implementation of the Plan of Reorganization.
Any transfers from the Debtor or Affiliated Debtors to Reorganized RoomStore or otherwise pursuant to his Plan shall not be subject to any such taxes, and the Confirmation Order shall direct the appropriate state or local governmental officials or agents to forego the collection of any such tax or governmental assessment and to accept for filing and recordation any of the foregoing instruments or other documents without the payment of any such tax or governmental assessment.
All final requests for payment of Professional Claims shall be addressed in connection with the reorganization cases of the Affiliated Debtors.
Notwithstanding any of the foregoing, the issuance of shares to or the distribution of shares from the “Disputed Claims Reserve” pursuant to the Fifth Amended Joint Plan of Affiliated Debtors In Re Enron Corp.
On the Effective Date, Reorganized RoomStore shall deliver to the Affiliated Debtors a written commitment to provide funding of up to $2 million, in the aggregate, to pay for any of the costs of administration of the chapter 11 cases of the Affiliated Debtors (the “Contingent Funding Commitment”).