Bankruptcy Debtors definition

Bankruptcy Debtors means collectively Smurfit-Stone Container Corporation, Smurfit-Stone Container Enterprises, Inc., Calpine Corrugated, LLC, Cameo Container Corporation, Xxx 00X Xxxxxxxxxxxxx Xxxxxxxxxxx, Xxxxxxx & Xxxxx Xxxxxxx Xxx Railway Company, Stone International Services Corporation, Stone Global, Inc., Stone Connecticut Paperboard Properties, Inc., Smurfit-Stone Puerto Rico, Inc., Smurfit Newsprint Corporation, SLP Finance I, LLC, SLP Finance II, LLC, SMBI Inc., Smurfit-Stone Container Canada Inc., 3083527 Nova Scotia Company, MBI Limited/Limitée, Smurfit-MBI, 639647 British Columbia Ltd., B.C. Shipper Supplies Ltd., Specialty Containers, Inc., SLP Finance General Partnership, Francobec Company, and 605681 N.B. Inc.;
Bankruptcy Debtors means the Issuer, GTAT Corporation, GT Advanced Equipment Holding LLC, GT Equipment Holdings, Inc., Lindbergh Acquisition Corp., GT Sapphire Systems Holding LLC, GT Advanced Cz LLC, GT Sapphire Systems Group LLC, and GT Advanced Technologies Limited, in their capacities as debtors and debtors in possession in the Chapter 11 Cases under sections 1107(a) and 1108 of the Bankruptcy Code.
Bankruptcy Debtors means collectively Smurfit-Stone Container Corporation, Smurfit-Stone Container Enterprises, Inc., Calpine Corrugated, LLC, Cameo Container Corporation, Lot 24D Redevelopment Corporation, Atlanta & Saint Andrews Bay Railway Company, Stone International Services Corporation, Stone Global, Inc., Stone Connecticut Paperboard Properties, Inc., Smurfit-Stone Puerto Rico, Inc., Smurfit Newsprint Corporation, SLP Finance I, LLC, SLP Finance II, LLC, SMBI Inc., Smurfit-Stone Container Canada Inc., 3083527 Nova Scotia Company, MBI Limited/Limitée, Smurfit-MBI, 639647 British Columbia Ltd., B.C. Shipper Supplies Ltd., Specialty Containers, Inc., SLP Finance General Partnership, Francobec Company, and 605681 N.B. Inc.;

Examples of Bankruptcy Debtors in a sentence

  • Each of the Company, the other Bankruptcy Debtors and the other Subsidiaries of the Company have complied in all material respects with the Plan of Reorganization, the Confirmation Order, and the terms, requirements and provisions set forth therein.

  • Throughout the pendency of the Bankruptcy, Debtors have sold unnecessary vehicles outside the ordinary course of business.

  • On the Effective Date of this Agreement Wells Fargo shall forever release and discharge (i) the Customer Employers/Customer Employees from all claims arising out of or in connection with the ACH Transactions and (ii) the Khan Bankruptcy Debtors from all claims arising out of or in connection the Debtors’ banking relationship with Wells Fargo, the Wells Fargo Dispute, the Wells Fargo Accounts, the TRO, the ACH Transactions and the Wires.

  • Issuing a supplemental injunction under section 105(a) of the Bankruptcy Code is essential to give effect to the sale of the Subject Policies to the TIG Parties free and clear of Interests pursuant to section 363(f) of the Bankruptcy Debtors: Congoleum Corporation, et al.

  • Bankruptcy Debtors Do Not Need Continuing Reminders As proposed, the written notice would be required every 180 days if the loan remains delinquent.

  • Dion, “Means Test” or “Just a Mean Test”: An Examination of the Requirement that Converted Chapter 7 Bankruptcy Debtors Comply with Amended Section 707(b), 16 AM.

  • Chicago, IL 60689-5329 To: Chapter 13 Bankruptcy Debtor(s) RE: Post 341 Meeting Instructions and Information • My office will send out periodic reports to you after confirmation that list the dollars that you have paid to my office and to whom we have distributed these dollars.

  • Dion, “‘Means test’ or ‘Just a Mean test’: an Examination of the requirement that converted chapter 7 Bankruptcy Debtors comply With amended section 707(B).” 16 am.

  • Figure 1: Income of Bankruptcy Debtors and U.S. Population, 200665 $70,000 $60,000 $50,000 $40,000 $30,000U.S. Population$65,527$20,000Chapter 13 Debtors$43,263U.S. Population$48,451Chapter 13 Debtors$36,348$10,000 $0Sources: Mortgage Study (n=1713); U.S. CensusAverage IncomeMedian IncomeThis income disparity quite probably decreases the likelihood that families filing bankruptcy are able to comfortably exceed the 30% benchmark of affordability.

  • The settlement agreement did not release Purdue of any liability for claims of Indian Tribes and specifically reserved claims regarding “[a]ny liability of entities other than the [Purdue Bankruptcy] Debtors, including consultants.” Id. ¶¶ 50–51.In February 2021, McKinsey issued a statement acknowledging the “terrible impact of opioid misuse and addiction on millions of families across the country” and settled opioid-related claims with 49 States, the District of Columbia, and five U.S. territories.

Related to Bankruptcy Debtors

  • 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.

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

  • Bankruptcy Code means Title 11 of the United States Code.

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

  • 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.

  • Debtors has the meaning set forth in the Recitals.

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

  • Bankruptcy Party has the meaning assigned in Section 9.7.

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

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

  • Insolvency Proceedings means, with respect to any Person, any case or proceeding with respect to such Person under U.S. federal bankruptcy laws or any other state, federal or foreign bankruptcy, insolvency, reorganization, liquidation, receivership or other similar laws, or the appointment, whether at common law, in equity or otherwise, of any trustee, custodian, receiver, liquidator or the like for all or any material portion of the property of such Person.

  • Bankruptcy Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

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

  • Bankruptcy Exceptions means limitations on, or exceptions to, the enforceability of an agreement against a Person due to applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally or the application of general equitable principles, regardless of whether such enforceability is considered in a proceeding at law or in equity.

  • Subsidiary Debtors means, collectively, Congoleum Sales, Inc. and Congoleum Fiscal, Inc.

  • Bankruptcy means, with respect to any Person, if such Person (i) makes an assignment for the benefit of creditors, (ii) files a voluntary petition in bankruptcy, (iii) is adjudged a bankrupt or insolvent, or has entered against it an order for relief, in any bankruptcy or insolvency proceedings, (iv) files a petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, (v) files an answer or other pleading admitting or failing to contest the material allegations of a petition filed against it in any proceeding of this nature, (vi) seeks, consents to or acquiesces in the appointment of a trustee, receiver or liquidator of the Person or of all or any substantial part of its properties, or (vii) if 120 days after the commencement of any proceeding against the Person seeking reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, if the proceeding has not been dismissed, or if within 90 days after the appointment without such Person’s consent or acquiescence of a trustee, receiver or liquidator of such Person or of all or any substantial part of its properties, the appointment is not vacated or stayed, or within 90 days after the expiration of any such stay, the appointment is not vacated. The foregoing definition of “Bankruptcy” is intended to replace and shall supersede and replace the definition of “Bankruptcy” set forth in Sections 18-101(1) and 18-304 of the Act.

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

  • Insolvency Action With respect to any Person, the taking by such Person of any action resulting in an Insolvency Event, other than solely under clause (g) of the definition thereof.

  • Debtor means a person who is liable on a claim.

  • Insolvency Proceeding means any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other similar relief.

  • 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.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Insolvency or Liquidation Proceeding means, with respect to any Person, any liquidation, dissolution or winding up of such Person, or any bankruptcy, reorganization, insolvency, receivership or similar proceeding with respect to such Person, whether voluntary or involuntary.

  • Bankruptcy Exception means, in respect of any agreement, contract, commitment or obligation, any limitation thereon imposed by any bankruptcy, insolvency, fraudulent conveyance, reorganization, receivership, moratorium or similar Law affecting creditors’ rights and remedies generally and, with respect to the enforceability of any agreement, contract, commitment or obligation, by general principles of equity, including principles of commercial reasonableness, good faith and fair dealing, regardless of whether enforcement is sought in a proceeding at Law or in equity.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date.