Applicable Bankruptcy Case definition

Applicable Bankruptcy Case means the Bankruptcy Case or any other bankruptcy proceeding of any Person or entity which has a direct or indirect ownership interest in the Casino Land and/or the Traymore Land (including without limitation ACE Hi or ACE Lo).
Applicable Bankruptcy Case has the meaning set forth in Section 7.7 hereof. “Applicable Percentage” has the meaning set forth in Section 8.5(b) hereof. “Appraised Value With Carry” means, with respect to the withdrawal of the Interest of any Limited Partner other than the General Partner pursuant to Section 9.7, a price equal to the value of such Interest (inclusive of the effect of any potential Carried Interest payments to the General Partner) determined on the assumption that the Investments were sold for their Fair Market Value For Appraised Value and the proceeds therefrom were distributed to the Partners in accordance with this Agreement after credit or debit, as the case may be, for the amount of the Partnership’s other assets and liabilities determined in accordance with generally accepted accounting principles.

Examples of Applicable Bankruptcy Case in a sentence

  • In addition to the foregoing, the obligation of the Purchaser to make Capital Contributions to the Fund shall survive any dissolution of the Fund whether such dissolution may result from any Applicable Bankruptcy Case, from an event of default under the terms of the indebtedness of the Fund or otherwise and shall be fully enforceable against the Purchaser notwithstanding such dissolution until such obligation shall have been repaid in full.

Related to Applicable Bankruptcy Case

  • Bankruptcy Case has the meaning assigned to such term in Section 2.05(b).

  • Bankruptcy Cases has the meaning set forth in the Recitals.

  • Chapter 11 Case has the meaning set forth in the Recitals.

  • U.S. Bankruptcy Court means the United States Bankruptcy Court for the Southern District of New York.

  • Local Bankruptcy Rules means the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware.

  • Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.

  • U.S. Bankruptcy Code means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.

  • Chapter 11 Cases means (a) when used with reference to a particular Debtor, the case pending for that Debtor under chapter 11 of the Bankruptcy Code in the Bankruptcy Court and (b) when used with reference to all the Debtors, the procedurally consolidated chapter 11 cases pending for the Debtors in the Bankruptcy Court.

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

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

  • Bankruptcy Proceeding means any case, action or proceeding before any court or other Governmental Authority relating to any Bankruptcy Event.

  • COVID-19 case means a person who:

  • Petition Date means the date on which the Debtors commenced the Chapter 11 Cases.

  • United States Bankruptcy Code means the Bankruptcy Reform Act of 1978, as amended and as codified in Title 11 of the United States Code, as amended from time to time hereafter, or any successor federal bankruptcy law.

  • DIP means debtor-in-possession.

  • Final DIP Order means an order of the Bankruptcy Court approving the Loans, this Agreement and the other Loan Documents on a final basis, which order shall be (a) in form and substance acceptable to the Administrative Agent, and (b) in full force and effect and shall not have been reversed, vacated, stayed or subject to appeal.

  • Federal Bankruptcy Code means the Bankruptcy Act of Title 11 of the United States Code, as amended from time to time.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Performing Second Lien Bank Loans means Second Lien Bank Loans which are Performing.

  • Interim DIP Order means an interim order of the Bankruptcy Court approving the DIP Motion, which order shall be consistent in all material respects with this Agreement and otherwise in form and substance acceptable to the Requisite Parties.

  • DIP Motion means a motion to be filed by the Debtors with the Bankruptcy Court seeking Bankruptcy Court approval of the DIP Facility, which motion shall be consistent in all material respects with this Agreement and otherwise in form and substance reasonably acceptable to the Requisite Parties.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • DIP Order means the Interim Order and, upon entry thereof, the Final Order.

  • Second Lien Bank Loan means a Bank Loan (other than a First Lien Bank Loan and a Last Out Loan) that is entitled to the benefit of a first and/or second lien and first and/or second priority perfected security interest on all or substantially all of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Child custody proceeding means a proceeding in which legal custody, physical custody, or visitation with respect to a child is an issue. The term includes a proceeding for divorce, separation, neglect, abuse, dependency, guardianship, paternity, termination of parental rights, and protection from domestic violence in which the issue may appear. The term does not include a proceeding involving juvenile delinquency, contractual emancipation, or enforcement under Part 3 of this Article.