Estate or Estates definition
Estate or Estates means individually or collectively, the estate or estates of the Debtors created under section 541 of the Bankruptcy Code upon the commencement of each Debtor’s Chapter 11 Case and all property (as defined in section 541 of the Bankruptcy Code) acquired by each Debtor after the Petition Date and before the Effective Date.
Estate or Estates means individually or collectively, the estate or estates of the Debtors created under section 541 of the Bankruptcy Code.
Examples of Estate or Estates in a sentence
The Exempt Trustee and the Select Trustee each agrees to make an allocation distribution to the appropriate Estate or Estates of all Recalculated Net Proceeds which are in their respective Estates within thirty (30) business days after the Estate Settlement Approval Order becomes final and non-appealable (the “Initial Allocation Date”) in compliance with the terms of this Settlement Agreement (the “Initial Allocation Payment”).