Creditor Release definition

Creditor Release means that certain form of release, attached to the Disclosure Statement as Exhibit I that constitutes the applicable Claimant’s acknowledgment and agreement that, except as provided in the Plan, all Claims, demands, liabilities, other debts against, or Interests in, the Debtors have been released, discharged and enjoined in accordance with Article IX of the Plan.
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Examples of Creditor Release in a sentence

  • Class 4(a) consists of all Allowed Unsecured Claims against Luminent to the extent the Holders of such Claims have properly made the Creditor Release Election.

  • Class 5(a) consists of all Allowed Convenience Claims against Luminent to the extent the Holders of such Claims have properly made the Creditor Release Election.

  • The Liquidating Trustee or Disbursing Agent shall hold the remaining Lone Star Creditor Release Settlement Payment in a segregated account in trust for the benefit of the remaining Holders of Class 3 C Claims.

  • Escrow Agent shall transfer the Escrowed Property strictly in accordance with each Excluded Subsidiary Transfer Instruction (but only as to Excluded Subsidiaries), Restricted Subsidiary Transfer Instruction (but only as to Restricted Subsidiaries), Settlement Notice or Secured Creditor Release Notice received by it hereunder or as otherwise as expressly provided herein.

  • The Liquidating Trustee or Disbursing Agent shall use the remaining Lone Star Creditor Release Settlement Payment to fund Subsequent Distributions, in the same manner as set forth in this Plan, to Holders of Allowed Class 3 C Claims, with Holders of Allowed Class 3 C Claims continuing to receive their Pro Rata Share of the remaining Lone Star Creditor Release Settlement Payment.

  • The Parties submit themselves to the exclusive jurisdiction of competent courts at Hyderabad.

  • The Collateral Agent shall complete and deliver to Escrow Agent a completed Enforcement Notice in form ready for execution by Escrow Agent once Escrow Agent is directed to deliver an Enforcement Notice upon receipt of a Secured Creditor Release Notice.

  • Class 5(b) consists of all Allowed Convenience Claims against Luminent to the extent the Holders of such Claims have not properly made the Creditor Release Election.

  • Class 3 H consists of Allowed Unsecured Claims against Consolidated Holdco whose Holders cast a timely Ballot affirmatively accepting and agreeing to the Creditor Release or provide written consent to the Creditor Release to Consolidated Holdco.

  • The Common Stockholder shall deliver to Buyer a Non-Litigating Creditor Release, in substantially the form attached hereto as Exhibit C-1, executed by Xxxxxxx Xxxxxx, L.L.P., and a Non-Litigating Creditor Release, in substantially the form attached hereto as Exhibit C-1, executed by BDO USA, LLP.

Related to Creditor Release

  • Debtor Release means the release given on behalf of the Debtors and their Estates to the Released Parties as set forth in Article VIII.D of the Plan.

  • Minor Release means an incremental release of Software that provides maintenance fixes and additional Software functions. Cisco designates Minor releases as a change in the tenths digit of the Software version number [x.

  • Major Release means a major update or upgrade to the Software, which includes significant enhancements and/or a major redesign of the Software, identified by Bosch by a change to the first digit in the release number (e.g. change from version 2.0 to 3.0).

  • Request for Release A release signed by a Servicing Officer, in the form of Exhibit E attached hereto.

  • Third-Party Release means the release given by each of the Releasing Parties to the Released Parties as set forth in Article VIII.E of the Plan.

  • Work release means a program of partial confinement

  • Threatened Release means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding any Property which may result from such Release.

  • Deed of Release has the meaning set out in the Restructuring Implementation Deed;

  • Release means any release, spill, emission, discharge, deposit, disposal, leaking, pumping, pouring, dumping, emptying, injection or leaching into the Environment, or into, from or through any building, structure or facility.

  • Guarantor Request and "Guarantor Order" mean, respectively, a written request or order, as the case may be, signed in the name of the Guarantor by the Chairman of the Board, a Vice Chairman, the President or a Vice President, and by the Treasurer or an Assistant Treasurer, the Secretary or an Assistant Secretary, of the Guarantor and delivered to the Trustee.

  • New Release means a modified or enhanced version of a Licensed Product that is designated by PTC as a new release of that product and that PTC makes generally available to its Maintenance Services customers.

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • General Release has the meaning stated in Section 6.03.

  • Senior Lender means each holder of a Senior Note.

  • Software Release means any subsequent version of Software that RSA makes generally available to its customers who are current on their Maintenance Services fees but does not mean new Software.

  • Maintenance Release means any update, upgrade, release or other adaptation or modification of the Software, including any updated Documentation, that Contractor may generally provide to its licensees from time to time during the Term, which may contain, among other things, error corrections, enhancements, improvements or other changes to the user interface, functionality, compatibility, capabilities, performance, efficiency or quality of the Software.

  • SHIPPING RELEASE means the document issued by the inspector or the inspection agency nominated by the Purchaser authorising the Contractor to ship the Stores on satisfactory completion of inspection.

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • Second Lien Agent has the meaning set forth in the Intercreditor Agreement.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Collateral Release Date has the meaning given that term in Section 8.10.(b).

  • Collateral Release Period means, each period commencing with the occurrence of a Collateral Release Event and continuing until the occurrence of the next Collateral Reinstatement Event, if any, immediately following such Collateral Release Event.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Earned release means earned release from confinement as

  • Creditor has the meaning set forth in Section 3.3.

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.