Challenge Deadline definition

Challenge Deadline has the meaning set forth in Section 13.19(a).

Challenge Deadline means the deadline by which the Committee may assert a challenge pursuant to the Cash Collateral Orders, as extended by the Bankruptcy Court from time to time.

Challenge Deadline means the earlier of the date (a) 60 days after the formation of the Creditors Committee or (b) 75 days after the filing of the Chapter 11 petition commencing the Chapter 11 Case.

Examples of Challenge Deadline in a sentence

• If a Challenge is not instituted by such Partner on or prior to the Challenge Deadline, such Partner shall be thereafter foreclosed from instituting any Challenge.

• Notwithstanding the foregoing, no more than $50,000 of the Prepetition Collateral, Collateral, Cash Collateral, or the Carve Out, in the aggregate, may be used by the Committee to investigate, prior to the Challenge Deadline, the claims and liens of the First Lien Secured Parties and the Second Lien Secured Parties on the Prepetition Collateral.

• If any such adversary proceeding or contested matter is properly filed as of the Challenge Deadline, the Debtors’ admissions and releases contained in paragraphs D, E, F, G and H of this Interim Order shall nonetheless remain binding and preclusive (as provided in the second sentence of this paragraph) except to the extent that such admissions and releases were expressly challenged in such adversary proceeding or contested matter.

• Subject to entry of the Final Order and the Challenge Deadline, the foregoing release shall be binding on the Debtor’s estate, the Committee, if any, all parties-in-interest, and any successor-in-interest to the Debtor or the Debtor’s estate, including, but not limited to any Chapter 7 or Chapter 11 trustee or examiner.

• The Challenge Deadline was extended, with the consent of the Ad Hoc Senior Noteholders Group, on three occasions pursuant to stipulations that were approved by the Bankruptcy Court on November 13, 2012, December 14, 2012 and January 25, 2013 [Docket Nos.

More Definitions of Challenge Deadline

Challenge Deadline means August 13, 2003.

Challenge Deadline means (i) as to the Committee, sixty (60) days from the date of the formation of the Committee (if appointed) and (ii) as to any other party in interest, sixty (60) days following the entry of this Interim Order. The Challenge Deadline may be extended (x) in writing prior to the expiration of the Challenge Deadline (which writing may be in the form of email by counsel) from time to time in the sole discretion of the Agent, as applicable, or (y) by this Court for good cause shown pursuant to an application filed and served by a party in interest prior to the expiration of the Challenge Deadline. If the Chapter 11 Cases are converted to chapter 7 or a chapter 7 or chapter 11 trustee is appointed or elected prior to the expiration of the Challenge Deadline, any such estate representative or trustee shall receive the full benefit of any remaining time before expiration of the Challenge Deadline, which shall be extended for a period of sixty (60) calendar days.

Challenge Deadline means (i) as to the Committee, sixty (60) days from the date of the formation of the Committee (if appointed) and (ii) as to any other party in interest, sixty (60) days following the entry of this Interim Order. The Challenge Deadline may be extended (x) in writing prior to the expiration of the Challenge Deadline (which writing may be in the form of email by counsel) from time to time in the sole discretion of the applicable Prepetition Agents/Trustee (at the direction of holders of a majority of the applicable Prepetition Secured Indebtedness), as applicable, or (y) by this Court for good cause shown pursuant to an application filed and served by a party in interest prior to the expiration of the Challenge Deadline. If the Chapter 11 Cases are converted to chapter 7 or a chapter 7 or chapter 11 trustee is appointed or elected prior to the expiration of the Challenge Deadline, any such estate representative or trustee shall receive the full benefit of any remaining time before expiration of the Challenge Deadline, which shall be extended for a period of sixty (60) calendar days.

Challenge Deadline shall have the meaning assigned to such term in the DIP Orders.

Challenge Deadline means the date that is (A) the later of (i) seventy-five (75) days after the date of entry of this Interim Order (or, in the case of any official committee appointed in these Chapter 11 Cases, sixty (60) days from the date such committee is appointed, but in no event later than the date that is ninety (90) days from the Petition Date) and (ii) the objection deadline for the Plan, (B) any such later date agreed to in writing by (i) with respect to the Prepetition RBL Facility, the Prepetition RBL Agent (at the direction of the “Majority Lenders” (as defined in the Prepetition RBL Credit Agreement)), (ii) with respect to the Prepetition Term Loan Facility, the Prepetition Term Loan Agent (at the direction of the “Required Lenders” (as defined in the Prepetition Term Loan Credit Agreement)), or (C) any such later date set by the Court for good cause shown pursuant to an application filed by a party in interest or official committee prior to the expiration of the Challenge Deadline. If a chapter 7 trustee or a chapter 11 trustee is appointed or elected before the expiration of the Challenge Deadline, then the Challenge Deadline with respect to such trustee only, shall be extended for a period of sixty (60) days. Nothing in this Interim Order vests or confers on any Person (as defined in the Bankruptcy Code), including any Committee (if appointed) or any non-statutory committees appointed or formed in these Chapter 11 Cases, standing or authority to pursue any claim or cause of action belonging to the Debtors or their estates, and all rights to object to such standing are expressly reserved.

Challenge Deadline has the meaning set forth in Section 13.19(a) of this Agreement.

Challenge Deadline means the earlier of (1) the date of confirmation of a plan of reorganization or (2) (i) as to the Committee, if any, 60 days from the date of the formation of the Committee (if appointed) and (ii) for any other party in interest, 75 days following the entry of this Interim Order, as such deadline may be extended (x) in writing prior to the expiration of the Challenge Deadline (which writing may be in the form of email by counsel) from time to time in the sole discretion of the Prepetition ABL Agent, or (y) by this Court for good cause shown pursuant to an application filed and served by a party in interest prior to the expiration of the Challenge Deadline. Nothing in this Interim Order vests or confers on any Person (as defined in the Bankruptcy Code), including the Committee (if appointed) or any non-statutory committees appointed or formed in these Chapter 11 Cases, standing or authority to pursue any claim or cause of action belonging to the Debtors or their estates, including, without limitation, Challenges with respect to the Debtors’ Stipulations, and all rights to object to such standing are expressly reserved. Notwithstanding anything to the contrary in this Interim Order, (i) the filing of a motion by the Committee seeking standing to assert a Challenge before the Challenge Deadline that attaches a proposed Challenge shall extend the Challenge Deadline with respect to the Committee until two (2) business days after the Court rules on the standing motion, or such other time period ordered by the Court in approving the standing motion and (ii) if, prior to the Challenge Deadline, (x) the Chapter 11 Cases convert to chapter 7, or (y) if a chapter 11 trustee is appointed, then, in each such case, the Challenge Deadline shall be extended, solely with respect to such trustee, until the later of the Challenge Deadline and thirty (30) calendar days after such trustee’s appointment.