Examples of Debtors in a sentence
Secured Party shall not be required to take any action of any kind to collect, preserve, or protect its or Debtor's rights in the Collateral or against any other party.
On March 24, 2010, the Debtors filed with the Bankruptcy Court a proposed plan of reorganization (the “Proposed Plan”), which incorporates terms governing a PropCo restructuring involving the Leased Hotels and is supported by the Mortgage Lenders pursuant to that certain Plan Support Agreement dated March 24, 2010, entered into by and among the Mortgage Lenders and Xxxxxxxx Gaming, LLC, among others (the “Plan Support Agreement”).
The Agent retains the right at all times after the occurrence and during the continuance of an Event of Default to notify Account Debtors that a Loan Party’s Accounts have been assigned to the Agent and to collect such Loan Party’s Accounts directly in its own name, or in the name of the Agent’s agent, and to charge the reasonable and documented collection costs and expenses, including reasonable attorneys’ fees, to the Loan Account.
Returns and allowances between a Credit Party and its Account Debtors shall follow such Credit Party’s customary practices as they exist at the Second Amendment Effective Date.
The Debtors: The Debtors commenced chapter 11 cases on July 28, 2009 (the “Petition Date”) in the United States Bankruptcy Court, District of Nevada, which bankruptcy cases currently are being jointly administered under Case No. 09-52477 (the 1 This Second Amended and Restated Master Lease Compromise Agreement has been modified from the form filed with the Bankruptcy Court on April 7, 2010 to reflect modifications agreed to with various creditor constituencies since the time of the April 7, 2010 filing.