Examples of EOTT GP in a sentence
All claims against any Credit Party with respect to the alleged joint and several liability of EOTT GP for underfunded benefits liabilities upon the termination of the benefit pension plan known as the "Enron Corp.
On October 8, 2002, EOTT Finance, EOTT GP LLC, EPLP, OLP, PLP, CLP and ELP filed the Bankruptcy Case (as hereinafter defined) under chapter 11 of the Bankruptcy Code (as hereinafter defined).
The Consolidated Debtors shall not be responsible for the satisfaction of any Allowed Non-Indemnifiable Claims against EOTT GP, and the holders of such claims shall not be entitled to any Distributions from the Consolidated Debtors or their respective Estates.
Any Cash realized from the liquidation of EOTT GP's Estate shall constitute EOTT GP Cash, and shall be distributed in accordance with the Plan.
EOTT GP may elect to satisfy a Class 3.3H Allowed Non-Indemnifiable Other Secured Claim by conveying and transferring any Estate Property serving as collateral for the Class 3.3H Allowed Non-Indemnifiable Other Secured Claim to the holder thereof to the extent of the amount of such Claim.
EOTT GP and its Estate will not be substantively consolidated and will remain distinct from the Consolidated Debtors.
The LC Agent shall have received evidence which shall be satisfactory to the LC Agent that (A) EOTT LLC shall have been formed as a limited liability company under Delaware state law, (B) all necessary action shall have been taken by EOTT MLP to transfer all of its equity interest in EOTT GP to EOTT LLC and (C) all necessary action shall have been taken to authorize and issue the New GP Interest to EOTT GP and the New LP Interest to EOTT LLC.
Following the completion of the liquidation process, EOTT GP will be dissolved in accordance with applicable law.
EOTT GP may elect to satisfy a Class 2.2H Allowed Non-Indemnifiable Secured Tax Claim by conveying and transferring any Estate Property serving as collateral for the Class 2.2H Allowed Non-Indemnifiable Secured Tax Claim to the holder thereof to the extent of the amount of such Allowed Non-Indemnifiable Secured Tax Claim.
Class 6H Equity Interests in EOTT GP shall be canceled and extinguished effective on the Effective Date, and holders of Class 6H Equity Interests shall not receive or retain anything on account of such Equity Interests.