Company Debtors definition

Company Debtors means all amounts (including Prepayments) owed (whether accrued, due or to become due) as at the Transfer Time to the Companies for goods and services supplied by the Companies prior to the Transfer Time, including any rights of the Companies to receive payments directly related to the operation of the Worldwide Business (including (i) any Intra-Group Trading Amounts owed by any member of the ICI Group, together with the Companies and the Joint Venture Company; and (ii) any amount due to any Company in respect of any Operating Tax), as at the Transfer Time, whether or not then invoiced and whether or not then due and payable (but excluding (i) any amount due to any Company in respect of Tax other than an Operating Tax; and (ii) any amounts due in respect of Intra-Group Lendings and the Final Cash Balance), the value of which shall be determined in accordance with Schedule 11 (Determination and Certification of Working Capital Adjustment); Company Employees means those employees of the Irish Company, the Philippines Companies and the Brazil Company at the Transfer Time excluding Retained Employees;
Sample 1

Examples of Company Debtors in a sentence

  • The Reorganizing Debtors (and the Reorganized Debtors) are not obliged to pay Administrative Claims (other than the Administrative Claims of the U.S. Internal Revenue Service to the extent the U.S. Internal Revenue Service is entitled to assert such claims under applicable nonbankruptcy law) against any Finance Company Debtors.

  • Committee" means the official committee of unsecured creditors appointed in the Finance Company Debtors' Cases.

  • In addition, on and after the Petition Date, CIHC has funded certain expenses incurred on behalf of the Finance Company Debtors (the "Advanced Funds").

  • Cases" means the chapter 11 bankruptcy proceedings filed by the Finance Company Debtors.

  • In addition, without limiting the generality of the foregoing, each of the Reorganizing Debtors shall offset against Claims by any of the Finance Company Debtors all (x) prepetition Claims owing by the Finance Company Debtors to the Reorganizing Debtors, including without limitation, (i) amounts owing under the prepetition tax sharing payments, (ii) amounts owing as a result of payments made on behalf of the Finance Company Debtors to ExlServices.com, Inc.

  • The Reorganizing Debtors (and the Reorganized Debtors) are not obliged to pay Administrative Claims against any Finance Company Debtors.

  • Using the standards as a guide, teachers, curriculum designers, and decision- makers (including administrators and school board members) can help students achieve the many skills and habits of thought necessary for success in school and beyond.

  • Certain first day orders entered in the Reorganizing Debtors' and Finance Company Debtors' jointly administered bankruptcy cases may entitle one or more of the Reorganizing Debtors to a super-priority administrative claim in the Finance Company Debtors' cases.

  • The Reorganizing Debtors have been advised by the Finance Company Debtors that they are presently engaged in investigations to determine the bases for, and valuation of, intercompany claims they may hold against the Reorganizing Debtors.

  • For purposes of this Article VII.F, "Net Reorganizing Debtors' Claims" means any and all Claims held by any of the Reorganizing Debtors or any of their affiliates against the Finance Company Debtors after effecting any and all of the offsets described above.

Related to Company Debtors

  • Company Debt means (a) all indebtedness for borrowed money, and (b) all obligations evidenced by notes, bonds, debentures or other similar instruments of the Company and its Subsidiaries.

  • Intercompany Debt has the meaning specified in Section 7.02(d).

  • Reorganized Debtors means, subject to the Restructuring Transactions, the Debtors as reorganized pursuant to this Plan on or after the Effective Date, and their respective successors.

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

  • Company Parties means the collective reference to Holdings and its Restricted Subsidiaries, including the Borrower, and “Company Party” means any one of them.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Working Capital Escrow Amount means $2,000,000.

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor.

  • DH means District Hospital;

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Non-Debtor Subsidiaries means all direct and indirect subsidiaries of any Debtor that are not Debtors in the Chapter 11 Cases.

  • Target Companies means the Company and its Subsidiaries.

  • Disputed Claims Reserve means a reserve of Cash that may be funded on or after the Effective Date pursuant to Article VII.E hereof.

  • Non-Debtor Affiliate means any Affiliate of the Debtors that is not a Debtor in the Chapter 11 Cases.

  • Intercompany Claim means any Claim held by a Debtor against another Debtor.

  • Indemnity Escrow Amount means $3,000,000.

  • Professional Fee Claims means all Claims for accrued, contingent, and/or unpaid fees and expenses (including transaction and success fees) incurred by a Professional in the Chapter 11 Cases on or after the Petition Date and through and including the Confirmation Date that the Bankruptcy Court has not denied by Final Order. To the extent that the Bankruptcy Court or any higher court of competent jurisdiction denies or reduces by a Final Order any amount of a Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Professional Fee Claims.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Escrow Cash is defined in Section 4.1(a).

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

  • Administrative Claim Bar Date means the deadline for filing requests for payment of Administrative Claims, which shall be 30 days after the Effective Date.