Examples of Longview Power in a sentence
The policy became effective on March 9, 2007, and insured the priority of a credit line deed of trust related to the construction of a coal-fired power plant by Longview Power, LLC (“Longview”).
Due to events more fully described below, including, but not limited to, design, construction, and equipment defects at the Longview Power Facility and the related Arbitration (as defined below) with respect to the responsibility for such defects, the Debtors filed for bankruptcy protection on August 30, 2013.
If confirmed and consummated, the Plan will eliminate more than $1 billion in debt from the Debtors’ balance sheet and will provide the Debtors with the capital necessary to fund distributions to the Debtors’ creditors pursuant to the Plan, repair the Longview Power Facility, and provide the Debtors with working capital necessary to fund ongoing operations.
If a Settlement Agreement Termination occurs after the Effective Date, then within seven (7) business days after Foster Wheeler provides to Reorganized Longview Power documentation required by the Foster Wheeler Settlement Agreement supporting its Rehabilitation Work Claims, Reorganized Longview Power will pay to Foster Wheeler any undisputed amounts without further order of the Bankruptcy Court.
To the extent that Foster Wheeler and Reorganized Longview Power are unable to reach agreement on payment of the remaining unpaid amounts of the Rehabilitation Work Claims, then either or both may seek an order from the Bankruptcy Court resolving the dispute and authorizing payment.
For all purposes under the Plan, each Class will contain sub-Classes for each of the Debtors (i.e., there will be ten (10) Classes for each Debtor); provided, that, Class 4, Class 5, and Class 6 shall be vacant for each Debtor other than Longview Power.
The Debtors entered chapter 11 in order to protect their assets and to formulate a balance sheet restructuring and deleveraging of the Debtors’ current capital structure, all with the goal of ultimately having a reliable and fully operational Longview Power Facility.
The Plan shall apply as a separate Plan for each of the Debtors, and the classification of Claims and Interests set forth herein shall apply separately to each of the Debtors (except for Class 7 Intercompany Interests, which shall only apply to Debtor Longview Power, and Class 8 Interests in Longview, which shall only apply to Debtor Longview).
Specifically, on February 8, 2012, Kvaerner asserted mechanics’ liens in the aggregate amount of $242.2 million against the Longview Power Facility.
Long Island Lighting Company d/b/a LIPA Longview Power, LLC Louisville Gas and Electric Company/Kentucky Utilities Company Lower Electric, LLC Lower Mount Bethel Energy, LLC LQA, LLC LSC Communications US, LLC LSP University Park, LLC LTSTE Investments, LLC Lykins Oil Company d/b/a Xxxxxx Energy Solutions Macquarie Energy, LLC Macquarie Energy Trading LLC Madison Gas and Electric Co. MAG Energy Solution, Inc.