Chapter 11 Plan Supplement definition
Examples of Chapter 11 Plan Supplement in a sentence
To the extent that any such initial director or officer of the Reorganized Debtors identified in the Chapter 11 Plan Supplement is an “insider” pursuant to section 101(31) of the Bankruptcy Code, the Debtors will disclose the nature of any compensation to be paid to such director or officer.
On or after the Effective Date, subject to any alternative treatment set forth in the Chapter 11 Plan Supplement (including the Restructuring Steps Memorandum), Intercompany Interests shall be Reinstated or, at the option of the U.S. Debtors or Reorganized Debtors, as applicable (subject to the Consent Rights, which shall not to be unreasonably withheld, conditioned or delayed), canceled without any distribution on account of such Intercompany Interests.
The following discussion assumes that, unless otherwise provided in the Chapter 11 Plan Supplement, (i) the U.S. Debtors and the Netherlands Debtor will structure the Restructuring Transactions as contemplated by the U.S. Plan and the WHOA Plan, and (ii) the U.S. Holders of Allowed Claims against any U.S. Debtor or the Netherlands Debtor are treated as receiving property from the Company in satisfaction of their Allowed Claims.
However, parties may obtain a copy of the Chapter 11 Plan Supplement at no cost from the Solicitation Agent by: (a) calling the Solicitation Agent at one of the telephone numbers set forth above or (b) visiting the U.S. Debtors’ restructuring website https://cases.ra.kroll.com/DieboldNixdorf.
On the Effective Date the initial officers of Reorganized DNI and the other Reorganized Debtors will consist of the individuals identified in the Chapter 11 Plan Supplement.
As the Chapter 11 Plan Supplement is updated or otherwise modified, such modified or updated documents will be made available on the U.S. Debtors’ restructuring website.
The U.S. Debtors and the Netherlands Debtor will not serve paper or USB-flash drive copies of the Chapter 11 Plan Supplement.
The U.S. Debtors will file the Chapter 11 Plan Supplement in accordance with the terms of the U.S. Plan.
On the Effective Date, the terms of the current members of the board of directors of DNI shall expire, and the Reorganized DNI Board will include those directors set forth in the list of directors of the Reorganized Debtors included in the Chapter 11 Plan Supplement.
Neither the exclusion nor inclusion of any Executory Contract or Unexpired Lease on the Rejected Executory Contract and Unexpired Lease List, nor anything contained in the U.S. Plan or Chapter 11 Plan Supplement shall constitute an admission by the U.S. Debtors that any such contract or lease is in fact an Executory Contract or Unexpired Lease or that any Reorganized Debtor has any liability thereunder.