Liquidating Companies definition

Liquidating Companies means California Compensation Insurance Company, Combined Benefits Insurance Company, Commercial Compensation Casualty Company, Superior National Insurance Company, and Superior Pacific Casualty Company.
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Liquidating Companies means the Debtors, or successors thereto, on and after the Effective Date, as reorganized pursuant to the Plan.
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Liquidating Companies means Pool Horizontal Drilling Services Co., Westex Production Service, Inc. and The International Air Drilling Company.
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Examples of Liquidating Companies in a sentence

  • The activities and operations of the Liquidating Companies and the Plan Administrator (other than Distributions from the Claims Distribution Fund) shall be funded through a fund to be established on the Effective Date, in accordance with the terms of the Wind-down Budget, to fund the winding-down of the affairs of the Debtors and the Liquidating Companies and the other items reflected in the Wind-down Budget (the “Wind-down Reserve”).

  • DI shall take or cause to be taken all actions within its control that may be necessary or appropriate to facilitate the winding up and liquidation of the Liquidating Companies in an expeditious manner, including but not limited to the seeking of all requisite shareholder approvals.

  • The Debtors shall continue to exist (notwithstanding the substantive consolidation set forth in Section 2.1 of the Plan) as the Liquidating Companies on and after the Effective Date, with all of the powers of corporations under applicable law.

  • Any property so withheld will then be paid by the Liquidating Companies or the Plan Administrator to the appropriate authority.

  • The earnings on such investments shall be retained for the benefit of the Liquidating Companies and deposited in the Wind-down Reserve.

  • After the Effective Date, the Wind-down Reserve shall be supplemented with 100% of the Debtors’ Cash and the net proceeds from the collection, sale, liquidation or other disposition of any non-Cash property, including the Causes of Action Recoveries, of the Debtors or the Liquidating Companies existing on or created after the Effective Date, to the extent such property has not otherwise been allocated pursuant to the terms of the Plan.

  • This Plan shall be binding and inure to the benefit of the Debtors, the Liquidating Companies, the Plan Administrator, the Released Parties, all present and former holders of Claims and Interests, and their respective successors and assigns.

  • On the Effective Date, the Liquidating Companies shall reserve and hold in an account Cash in an amount equal to the aggregate amount of each unpaid Estimated Fee Claim as of the Effective Date (minus any unapplied retainers).

  • The Debtors and the Liquidating Companies will have, retain, reserve, and be entitled to assert all such claims, Causes of Action, rights of setoff, or other legal or equitable defenses which the Debtors had immediately prior to the Petition Date as fully as if the Chapter 11 Cases had not been commenced, and all of the Debtors’ legal and/or equitable rights respecting any Claim may be asserted after the Confirmation Date to the same extent as if the Chapter 11 Cases had not been commenced.

  • Unless otherwise provided herein, any new or amended Claim filed after the later of the Confirmation Date or such applicable Bar Date, if any, shall be deemed disallowed in full and expunged without any action by the Debtors or the Liquidating Companies, unless the Claim holder has obtained prior Bankruptcy Court authorization for the filing.


More Definitions of Liquidating Companies

Liquidating Companies means Vianova Resins Inc., Vianova Resins-Quimicas Limitada, Vianova Resins Canada Inc. and Vianova Resins N.V./S.A.
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Related to Liquidating Companies

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Liquidating Events shall have the meaning set forth in Section 13.1.

  • Non-profit making companies means companies set up under the Companies Act, 1956/Companies Act 2013.

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

  • Portfolio Companies means any Person in which any Fund owns or has made, directly or indirectly, an investment.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Liquidating Event has the meaning set forth in Section 13.1 hereof.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

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

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • CEC means the California Energy Commission or its successor agency.

  • Other Founding Companies means all of the Founding Companies other than the Company.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Virginia venture capital account means an investment fund that has been certified by the

  • self-liquidating paper means any draft, xxxx of exchange, acceptance or obligation which is made, drawn, negotiated or incurred by the Company for the purpose of financing the purchase, processing, manufacturing, shipment, storage or sale of goods, wares or merchandise and which is secured by documents evidencing title to, possession of, or a lien upon, the goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously constituting the security, provided the security is received by the Trustee simultaneously with the creation of the creditor relationship with the Company arising from the making, drawing, negotiating or incurring of the draft, xxxx of exchange, acceptance or obligation.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Distributor / Distribution Company means Company(ies), Firm(s), Sole Proprietorship concern(s), individual(s), Banks or any other Financial Institution appointed by the Management Company under intimation to the Trustee for performing any or all of the Distribution Functions and who are registered with MUFAP as Registered Service Providers. The Management Company may itself also performs the Distribution Function.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • Surviving Company has the meaning set forth in Section 2.1.

  • Reorganized Debtors means, subject to the Restructuring Transactions, the Debtors as reorganized pursuant to this Plan on or after the Effective Date, and their respective successors.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

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