LINN Debtors definition

LINN Debtors means, collectively, the Debtors other than the Berry Debtors.
LINN Debtors has the meaning set forth in the preamble hereof.

Examples of LINN Debtors in a sentence

  • To ensure full access to this liquidity, in February 2016, the LINN Debtors borrowed the full remaining undrawn amount under the LINN First Lien Revolving Loan.

  • LAC and Berry have engaged Munger, Tolles & Olson LLP, as legal counsel, and Huron Consulting Services LLC, as financial advisor, to independently advise LAC and Berry with respect to any alleged conflict matters between Berry and the LINN Debtors.

  • The Berry Debtors’ funded debt obligations are independent of the LINN Debtors.

  • Berry is a wholly owned subsidiary of Linn Acquisition Company, LLC (“LAC”), which, in turn, is a wholly owned subsidiary of Linn Energy, LLC (“LINN,” and together with its Debtor Affiliates other than the Berry Debtors, the “LINN Debtors”) (collectively, the LINN Debtors and the Berry Debtors shall hereafter be referred to as the “Debtors”).

  • The agreement contemplated the fact that one or both of the retirement accounts would be greater in value than the other.

  • Each of the Berry Ad Hoc Group, Wilmington Trust, and the Committee filed an objection to the Cash Collateral Motion arguing, among other things, that the LINN Debtors and Berry should maintain separate cash management systems and separate allocations of professional fees [Docket Nos.

  • As of the Petition Date, the LINN Debtors did not have a hedging portfolio.

  • After extensive negotiations, however, on April 4, 2016, the LINN Debtors entered into the Second Lien Settlement.

  • The LINN Unsecured Notes consist of approximately $3.023 billion outstanding on five series of senior unsecured notes issued under five separate indentures, dated April 6, 2010, September 13, 2010, May 13, 2011, March 2, 2012, and September 9, 2014, among LINN and Linn Energy Finance Corp., as co-issuers; the other LINN Debtors, as guarantors; and the LINN Unsecured Notes Trustee.

  • As part of the cash management settlement, the Debtors agreed to formulate a work plan within 60 days of entry of the final order approving the Cash Management Motion to address, among other items, cash separation, personnel issues, and contract realignment between Berry and the LINN Debtors.

Related to LINN Debtors

  • Debtors has the meaning set forth in the Recitals.

  • Reorganized Debtors means the Debtors on and after the Effective Date.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date.

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

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

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

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

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Prepetition means arising or accruing prior to the Petition Date.

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition Credit Agreement.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Debtor means a person who is liable on a claim.

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

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Prepetition Lenders means those lenders party to the Prepetition Credit Agreement from time to time.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Reorganized means, with respect to the Debtors, any Debtor or any successor thereto, by merger, consolidation or otherwise, on or after the Effective Date.

  • DH means the District Hospital of the concerned District

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Creditors’ Committee means the statutory committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.

  • Account Debtors mean all Persons who are obligated on the Receivables.

  • Prepetition Collateral shall have the meaning provided in Section 3.1(b).

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • DIP Motion means a motion to be filed by the Debtors with the Bankruptcy Court seeking Bankruptcy Court approval of the DIP Facility, which motion shall be consistent in all material respects with this Agreement and otherwise in form and substance reasonably acceptable to the Requisite Parties.

  • Ad Hoc Group means the ad hoc group of Consenting Noteholders advised by the Ad Hoc Group Advisers.