Non-Debtor Subsidiaries definition
Examples of Non-Debtor Subsidiaries in a sentence
Except for the Non-Debtor Subsidiaries, all of the Asset Transferring Subsidiaries and Intermediate Subsidiaries are Debtors.
Order Pursuant to Bankruptcy Code Ssections 105(a) and 363(b) and Bankruptcy Rules 2002 and 6004 Authorizing Taking Corporate Governance Actions Necessary to Enable the Transfer of Shares and Cash, and Assignment of Intercompany Claims at Certain Non-Debtor Subsidiaries of CFG Peru Investments Pte Limited (Singapore) [Docket No. 1469]; and 3.
All of the outstanding capital stock or other equity interests of the Non-Debtor Subsidiaries have been duly authorized, validly issued, fully paid and are non-assessable (where such concepts are legally recognized in the jurisdictions of organization of such Non-Debtor Subsidiaries).
Except as set forth on Schedule 3.4(a), the Company or one or more of the other Sellers own all of the outstanding capital stock or other equity interests of the Non-Debtor Subsidiaries, free and clear of all Encumbrances (other than Permitted Encumbrances).
To that end, the Ballot instructs each holder of a Class 3 Prepetition Credit Facility Claim to vote to accept or reject the Plan as it may be modified by the Debtor to include the Non-Debtor Subsidiaries as co-proponents of the Plan, provided that such modifications do not materially alter the treatment of holders of Claims and Equity Interests as currently provided in the Plan.