Liquidation Effective Date definition

Liquidation Effective Date means the effective date of the Plan of Liquidation confirmed by a final order in the Bankruptcy Case.
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Liquidation Effective Date means the first Business Day following the date on which all conditions to consummation set forth in Article VII of the Plan have been satisfied or waived (if capable of being duly and expressly waived), provided that no stay of the Confirmation Order is then in effect.
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Liquidation Effective Date shall have the meaning given such term in Section 3(b)(ii) hereof.
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Examples of Liquidation Effective Date in a sentence

  • If the Liquidation Effective Date occurs, the Liquidating Trustee shall decide whether or not to pursue the Causes of Action.

  • As described in Section VIII.G.1 above, the Debtors currently contemplate that on the Liquidation Effective Date, the Liquidating Debtors and the Liquidating Trustee will implement the Secured Creditor Direction and the DIP Lender Direction.

  • On the Liquidation Effective Date, the Liquidating Trustee shall establish the Operating Reserve in order to pay all Priority Tax Claims, Priority Non-Tax Claims of the Liquidating Debtors and any Oversight Nominee Expenses and Dissolution Expenses.

  • Effective on the Liquidation Effective Date, the Liquidating Trustee shall be the representative of each particular Liquidating Debtor's Estate as that term is used in section 1123(b)(3)(B) of the Bankruptcy Code and shall have the rights and powers provided for in the Liquidating Trust Agreement.

  • On the Liquidation Effective Date, the Liquidating Trustee will establish the Administrative Expense Claims Reserve in order to pay all Administrative Expense Claims of the Liquidating Debtors.

  • The Liquidating Debtors intend that the Liquidation Effective Date will be the Reorganization Effective Date.

  • The appointment of the Oversight Nominee shall become effective upon the occurrence of the Liquidation Effective Date.

  • The Initial Liquidation Distribution Date shall occur on the later of the Liquidation Effective Date (or as soon thereafter as reasonably practicable) and the First Business Day after the date that is thirty (30) calendar days after the date a Claim becomes Allowed.

  • Any Property that is encumbered by one of more Liens that is not sold by the Debtor pursuant to Section 5.02(b) hereof shall be deemed abandoned and surrendered to the Secured Creditor(s) holding such Liens on the Liquidation Effective Date.

  • A project with many steps where each step can create different advantages for competitiveness and each step can bring the maritime industry to final aim of competitiveness; fully AS with zero emission and no human element in the ships.

Related to Liquidation Effective Date

  • Plan Effective Date means the “Effective Date” as defined in the Plan of Reorganization.

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Merger Effective Date means the date on which the Merger is consummated.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • Fundamental Change Effective Date means the date on which any Fundamental Change becomes effective.

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • Early Opt-in Effective Date means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders.

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Distribution Effective Time has the meaning set forth in the Separation Agreement.

  • PAL effective date generally means the date of issuance of the PAL permit. However, the PAL effective date for an increased PAL is the date any emissions unit that is part of the PAL major modification becomes operational and begins to emit the PAL pollutant.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • Original Effective Date means the Effective Date under, and as defined in, the Original Credit Agreement.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Additional Effective Date means the date the Additional Registration Statement is declared effective by the SEC.

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • Amendment No. 5 Effective Date has the meaning set forth in Amendment No. 5.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Policy Effective Date means the commencement date of these Terms and Benefits which is specified as "Policy Effective Date" in the Policy Schedule.

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.