Bankruptcy Effective Date definition

Bankruptcy Effective Date means the effective date of the Company’s plan of reorganization as approved by the Bankruptcy Court in the Bankruptcy Case proceedings. In the event that the Executive’s Severance Date occurs upon or after the occurrence of all of the following events: (1) the occurrence of a Change in Control Event of the Company, (2) the Bankruptcy Effective Date, and (3) the first anniversary of the Effective Date, and the Executive is entitled to benefits pursuant to this Section 5.3(b), then the amount otherwise payable pursuant to this clause (i) (as determined pursuant to the preceding paragraphs of this clause (i)) shall be increased by one and one-half (1.5) times the Executive’s target Incentive Bonus for the year in which such Severance Date occurs. Subject to Section 21, the severance benefit determined pursuant to this clause (i) shall be paid by the Company in a single lump sum not later than thirty (30) days after the Executive’s Severance Date.
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Bankruptcy Effective Date means August 28, 2009, the date upon which all conditions to the consummation of the Plan as set forth in Article 8.2 of the Plan were satisfied or waived as provided in Article 8.3 of the Plan, and is the date on which the Plan became effective.
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Bankruptcy Effective Date means the date on which the KaloBios 24 Bankruptcy plan of reorganization becomes effective according to its terms, as ordered by the 25 Bankruptcy Court.
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Examples of Bankruptcy Effective Date in a sentence

  • Accordingly, Delphi, Delphi Trust I, Delphi Trust II, the Delphi Officer and Director Defendants, the Underwriter Defendants, and the Lead Plaintiffs have agreed to modify the Stipulation and the First Modification such that the Settlement, as modified by the First Modification and this Second Modification, becomes effective independent of the occurrence of the Bankruptcy Effective Date and/or the substantial consummation of any Delphi plan of reorganization.

  • Although approved by the Bankruptcy Court and the Court, the Settlement, as modified by the First Modification, does not become effective until the Delphi Net Consideration has been distributed following the Bankruptcy Effective Date.

  • Section 7(c) of the Stipulation is amended in its entirety as follows: (c) Delphi shall distribute pursuant to the Escrow Agreement the Delphi Net Consideration as soon as practicable after the later of (i) the satisfaction of each of the conditions in ¶ 29(a)-(b), (d)-(g), and (j)-(l), or (ii) the Bankruptcy Effective Date.

  • TDA created the Local Transportation Fund (LTF) which is the return of a quarter percent (.25%) of the State sales tax back to the jurisdiction where it was collected.

  • The Plan has not been substantially consummated, and as a result the Bankruptcy Effective Date has not occurred.


More Definitions of Bankruptcy Effective Date

Bankruptcy Effective Date means the business day determined by Dephi in its sole discretion on which all conditions to the consummation of Delphi’s plan of
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Bankruptcy Effective Date means the business day determined by Dephi in its sole discretion on which all conditions to the consummation of the Delphi Plan of Reorganization have been either satisfied or waived and is the day upon which such plan is substantially consummated, such date being the same as the “Effective Date” as defined in the Delphi Plan of Reorganization.
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Related to Bankruptcy Effective Date

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Amendment No. 5 Effective Date has the meaning set forth in Amendment No. 5.

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.

  • Merger Effective Date means the date on which the Merger is consummated.

  • License Effective Date means, with respect to each Component System of the Licensed System that Company is given the right to access and use, the date as of which the Company is first given such right to access and use.

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • Plan Effective Date means the “Effective Date” as defined in the Plan of Reorganization.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Amendment No. 6 Effective Date has the meaning set forth in Amendment No. 6.

  • Policy Effective Date means the commencement date of these Terms and Benefits which is specified as "Policy Effective Date" in the Policy Schedule.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.

  • Effective Date has the meaning set forth in the preamble.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • PAL effective date generally means the date of issuance of the PAL permit. However, the PAL effective date for an increased PAL is the date any emissions unit that is part of the PAL major modification becomes operational and begins to emit the PAL pollutant.

  • Original Effective Date means the Effective Date under, and as defined in, the Original Credit Agreement.

  • Contract Effective Date means the date agreed upon by the parties for beginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or designated higher approval authority signs the document.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.