Chapter 11 Plan definition

Chapter 11 Plan means a plan of reorganization or liquidation filed in any of the Chapter 11 Cases under Section 1121 of the Bankruptcy Code.

Chapter 11 Plan means a Chapter 11 plan of reorganization proposed by the Loan Parties in the Chapter 11 Cases that is in form and substance acceptable to the Agent, together with all modifications and amendments that are in form and substance acceptable to the Agent, in all cases, and which, among other matters, provides for the indefeasible payment in full in cash of the Obligations, unless otherwise consented to by each of the Credit Parties in their sole discretion.

Chapter 11 Plan means the plan of reorganization under chapter 11 of the United States Bankruptcy Code that includes Mallinckrodt Enterprises LLC, Mallinckrodt LLC and SpecGx LLC.

Examples of Chapter 11 Plan in a sentence

• Except as otherwise provided herein or in the Chapter 11 Plan, all fees and expenses incurred in connection with or related to this Agreement and the Ancillary Agreements and the transactions contemplated hereby and thereby shall be paid by the Party incurring such fees or expenses, whether or not such transactions are consummated.

• For the avoidance of doubt, (x) any cash amounts required to be paid by the Buyers may be funded and paid from the Cash and Cash Equivalents at Closing or, to the extent an amount is not due and payable at Closing, after Closing, and (y) the Stock Consideration, the First Lien Subscription Rights, the GUC Subscription Rights and the New Takeback Debt shall be distributed as provided in the Chapter 11 Plan.

• As of the filing date of the Chapter 11 Plan, no Endo Company is subject to any outstanding Order of any court or other Governmental Authority, or any settlement with a third party, that would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

• In addition, any cash that is not required to be retained by the Canadian Debtors to fund their expenses (excluding any contributions to any of the Trusts (as defined in the Chapter 11 Plan)) will be distributed as follows: (a) any such cash held by Paladin Labs Inc.

• For greater certainty, the Canadian Debtors will not contribute any cash to the Trusts (as defined in the Chapter 11 Plan).

More Definitions of Chapter 11 Plan

Chapter 11 Plan has the meaning set forth in the recitals.

Chapter 11 Plan means a Chapter 11 plan of CFG Peru, Smart Group Limited and any Other Debtor as may be required for the purpose of implementing the Restructuring.

Chapter 11 Plan means a chapter 11 plan of reorganization of each of the Debtors, which plan contemplates the consummation of the Transactions and the settlement of the KPP Claims in accordance with the terms of the Settlement Agreement.

Chapter 11 Plan means a plan of reorganization filed in any or all of the Cases.

Chapter 11 Plan means the joint plan of reorganization to be filed by the Debtors under chapter 11 of the U.S. Bankruptcy Code that is consistent in all material respects with the Restructuring Term Sheet and embodies the Restructuring Transactions.

Chapter 11 Plan means a chapter 11 plan of the Debtor containing terms consistent with the terms of the Modified Plan Agreement.

Chapter 11 Plan means the Debtors’ Third Amended Joint Chapter 11 Plan of Reorganization (with Technical Modifications), confirmed by the Bankruptcy Court on March 11, 2014, together with all supplements, schedules and appendices annexed thereto.