Foreign Debtor definition

Foreign Debtor means Basell GmbH and each other Debtor, if any, that is not organized under the Laws of the United States, any state thereof or the District of Columbia.
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Foreign Debtor shall have the meaning set forth for the term “Foreign Debtor” in the DIP Term Loan Credit Agreement.”
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Foreign Debtor means NanoString Technologies Germany GmbH, NanoString Netherlands BV and any other Debtor that is a Foreign Subsidiary.
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Examples of Foreign Debtor in a sentence

  • The effectiveness of the Chapter 11 plan in the Chapter 11 case is also conditioned upon, among other things, French Court approval of the Safeguard Plan and this Court’s recognition and enforcement in this Chapter 15 case of the order of the Sanctioning Order.As required by section 1522 of the Bankruptcy Code, the interests of the Foreign Debtor, its creditors and shareholders are sufficiently protected under the Safeguard Plan.

  • The waiver will allow the Foreign Debtor to proceed immediately with the implementation of the restructuring steps, in compliance with its obligations under the Lock-Up Agreement, which requires that the Financial Restructuring be implemented no later than February 28, 2018.

  • Additionally, the Spanish Court’s prior acceptance of jurisdiction over the 5 bis Proceeding with respect to the Foreign Debtors means that, as a legal matter, the Spanish Court validated the presumption that the center of main interests of each Foreign Debtor is in Spain.

  • Thus, Alvarez & Marsal will continue performing such services under its engagement with Foreign Debtor, Abengoa, S.A., and in the orders seeking provisional and final relief, the Foreign Debtors seek acknowledgment of this work by Alvarez & Marsal.

  • The Motion raises very serious questions about the conduct of the Foreign Representative in this Court and in the Concurso Proceeding, as well as very serious questions about the conduct of the principals of the Foreign Debtor.

  • In an ex parte order entered on May 27, 2010 in the Concurso Proceeding, the Third District Court for the State of Quintana Roo (the “Concurso Court”) barred CTIM or any other party from taking any action to collect any of the debt from property of the Foreign Debtor or the Non-Debtor Affiliates, specifically including any funds in the Cash Management Account (the “May 27 Order,” or the “Precautionary Measures”).

  • In this Chapter 15 case, the Foreign Debtor requested recognition of the Safeguard Proceeding as a foreign main proceeding under section 1520 of the Bankruptcy Code, and on July 13, 2017, this Court entered its Order Recognizing Foreign Proceeding (the “Recognition Order,” ECF Doc.

  • Recognition and enforcement of the Sanctioning Order is necessary to ensure that the Financial Restructuring contemplated by the Safeguard Plan and the confirmed Chapter 11 plan can be implemented to effectuate the Financial Restructuring of the Group without disruption or adverse actions being brought against the Foreign Debtor or its assets in the United States.

  • In accordance with French law, the supervising judge of the French Court appointed an independent expert, Degroof Petercam Finance (“ DPF”), a Belgian bank, to opine on the treatment of the Convertible Bondholders as compared to the High Yield Bondholders under the Safeguard Plan at the joint request of the Foreign Debtor and SELARL FHB, in the name of Mrs.

  • Further, in satisfaction of section 1515(c), the Foreign Representatives have filed, accompanying the Foreign Debtor’s Petition, a statement identifying the Cayman Proceeding as the only foreign proceeding with respect to the Foreign Debtor that is known to the Foreign Representatives, although the Joint Provisional Liquidators did apply for and obtain recognition of the Cayman Proceeding in Hong Kong to enable them to assert their powers in that jurisdiction.

Related to Foreign Debtor

  • foreign ship means a ship which—

  • foreign vessel means any vessel other than a coastal vessel.

  • Foreign Issuer means “foreign issuer” as that term is defined in Rule 902(e) of Regulation S;

  • Foreign-going vessel means any vessel other than a coastal vessel.

  • Foreigner means a person who is not a citizen of the Republic of South Africa as defined in the South African Citizenship Act, Act Number 88 of 1995, as amended, which Act is available on the Website;

  • Foreign Obligor means a Loan Party that is a Foreign Subsidiary.

  • Foreign Obligations means any Obligations of a Foreign Borrower or Foreign Guarantor (in each case in its capacity as such).

  • Foreign Air Carrier means any air carrier which is not a U.S. Air Carrier and which performs maintenance, preventative maintenance and inspections for the Aircraft, Airframe and/or any Engine or engine to standards which are approved by, or which are substantially equivalent to those required by, the Federal Aviation Administration, the Civil Aviation Authority of the United Kingdom, the Direction Generale de l'Aviation Civile of the French Republic, the Luftfahrt Bundesamt of the Federal Republic of Germany, the Rijflauchtraatdienst of the Kingdom of the Netherlands, the Ministry of Transportation of Japan or the Federal Ministry of Transport of Canada (and any agency or instrumentality of the applicable government succeeding to the functions of any of the foregoing entities).

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • New debtor means a person that becomes bound as debtor under section 9203(4) by a security agreement previously entered into by another person.

  • foreign company means any company or body corporate incorporated outside India which—

  • Foreign with respect to an entity, means an entity governed as to its internal affairs by the law of a jurisdiction other than this state.

  • foreign investor means a natural person of a third country or an undertaking of a third country, intending to make or having made a foreign direct investment;

  • foreign fishing vessel means any fishing vessel other than a local fishing vessel;

  • Non-Debtor Affiliate means any Affiliate of the Debtors that is not a Debtor in the Chapter 11 Cases.

  • United States Tax Person A citizen or resident of the United States, a corporation, partnership or other entity created or organized in, or under the laws of, the United States, any State thereof or the District of Columbia, an estate whose income from sources without the United States is includible in gross income for United States federal income tax purposes regardless of its source or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States Tax Persons have the authority to control all substantial decisions of the trust, all within the meaning of Section 7701(a)(30) of the Code (or, to the extent provided in the applicable Treasury Regulations, certain trusts in existence on August 20, 1996 that have elected to be treated as United States Tax Persons).

  • Subsidiary Debtors means, collectively, Congoleum Sales, Inc. and Congoleum Fiscal, Inc.

  • Debtor Laws means all applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time to time in effect affecting the rights of creditors or debtors generally.

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Foreign tribunal means a court, administrative agency, or quasi-judicial entity of a foreign country which is authorized to establish, enforce, or modify support orders or to determine parentage of a child. The term includes a competent authority under the Convention.

  • Non-Debtor Subsidiaries means all direct and indirect subsidiaries of any Debtor that are not Debtors in the Chapter 11 Cases.

  • Foreign terrorist organization means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.

  • United States Bankruptcy Code means the Bankruptcy Reform Act of 1978, as amended and as codified in Title 11 of the United States Code, as amended from time to time hereafter, or any successor federal bankruptcy law.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • Foreign government means any jurisdiction other than the one embraced within the United States, its territories, and its possessions.