Examples of Finance Company Debtors in a sentence
The Reorganizing Debtors (and the Reorganized Debtors) are not obliged to pay Administrative Claims (other than the Administrative Claims of the U.S. Internal Revenue Service to the extent the U.S. Internal Revenue Service is entitled to assert such claims under applicable nonbankruptcy law) against any Finance Company Debtors.
Cases" means the chapter 11 bankruptcy proceedings filed by the Finance Company Debtors.
Committee" means the official committee of unsecured creditors appointed in the Finance Company Debtors' Cases.
In addition, on and after the Petition Date, CIHC has funded certain expenses incurred on behalf of the Finance Company Debtors (the "Advanced Funds").
The Reorganizing Debtors (and the Reorganized Debtors) are not obliged to pay Administrative Claims against any Finance Company Debtors.
In addition, without limiting the generality of the foregoing, each of the Reorganizing Debtors shall offset against Claims by any of the Finance Company Debtors all (x) prepetition Claims owing by the Finance Company Debtors to the Reorganizing Debtors, including without limitation, (i) amounts owing under the prepetition tax sharing payments, (ii) amounts owing as a result of payments made on behalf of the Finance Company Debtors to ExlServices.com, Inc.
Claims (if any) of Finance Company Debtors against Reorganizing Debtors that continue to be outstanding after such offsets as well as any Net CFC Claims are referred to herein collectively as "Net Finance Company Debtors' Claims." To the extent any Net Finance Company Debtors' Claims are Allowed Claims against CNC they will be Class 8A Claims.
Certain first day orders entered in the Reorganizing Debtors' and Finance Company Debtors' jointly administered bankruptcy cases may entitle one or more of the Reorganizing Debtors to a super-priority administrative claim in the Finance Company Debtors' cases.
For purposes of this Article VII.F, "Net Reorganizing Debtors' Claims" means any and all Claims held by any of the Reorganizing Debtors or any of their affiliates against the Finance Company Debtors after effecting any and all of the offsets described above.
The Reorganizing Debtors are presently engaged in investigations to determine the basis for, and valuation of, any additional intercompany claims that they may hold against the Finance Company Debtors.