Examples of Debtor Release in a sentence

Pursuant to section 1123 of the Bankruptcy Code and Bankruptcy Rule 9019, and in consideration for the classification, distributions, releases, and other benefits provided under the Plan, on the Effective Date, the provisions of the Plan will constitute a good-faith compromise and settlement of the claims, Causes of Action, and controversies released by the Debtor Release and the Third-Party Release pursuant to the Plan.
The teacher shall return from such leave only at the beginning of the school year.
The Non- Debtor Release does not release any party from Claims or Causes of Action determined by Final Order to be the result of fraud, gross negligence, or willful misconduct.
Thus, all parties not entitled to vote on the Plan were given due and adequate notice that failing to submit the Opt Out Form opting out of the Non-Debtor Releases constituted consent to the Non- Debtor Release.
The Debtor Release constitutes a valid exercise of the Debtor’s business judgment in this Case and is permissible under Bankruptcy Code § 1123(b) and applicable law.• Non-Debtor Release.

More Definitions of Debtor Release

Debtor Release means the releases set forth in Article IX.B of the Plan.

Debtor Release means the releases set forth in Article VIII.B of the Plan.

Debtor Release means the releases set forth in Section 10.4 of the Plan.

Debtor Release means the releases set forth in Article IX.B of this Plan.

Debtor Release means the release given by the Debtors to the Debtor Releasees as set forth in Article X.B hereof.

Debtor Release means the releases given on behalf of the Debtors and their Estates as set forth in Article VIII.C of the Plan.

Debtor Release means the releases set forth in Article VIII.D of this Plan.