Plan Confirmation Order definition

Plan Confirmation Order means an order entered by the Bankruptcy Court approving and confirming this Combined Plan and Disclosure Statement under sections 1125 and 1129 of the Bankruptcy Code.

Plan Confirmation Order means an order entered by the Bankruptcy Court in the Bankruptcy Proceedings confirming the Plan of Reorganization pursuant to section 1129 of the Bankruptcy Code.

Plan Confirmation Order means the order entered by the Bankruptcy Court confirming the Chapter 11 Plan.

Examples of Plan Confirmation Order in a sentence

• Under the Plan, Confirmation Order, Tort Trust Agreement and these Claims Resolution Facility Procedures, each Tort Trust Beneficiary whose Tort Claim is allowed shall receive his or her individually allocated distribution of the National Fund Net Trust Proceeds.

• Distributions to each Holder of an Allowed Claim or Disputed Claim against the Liquidating Debtors, to the extent that such Claim ultimately becomes an Allowed Claim, shall be made in accordance with the provisions of the Plan, Confirmation Order, and this Liquidating Trust Agreement.

• If and when the Plan Confirmation Order is reversed, vacated, or modified in a manner that would adversely affect the Plan Release or the Plan Injunction insofar as they pertain to Landmark or ARL by an order that is no longer subject to appeal, reconsideration, or rehearing, (a) the balance of the Settlement Amounts remaining in Escrow ($6,200,000), exclusive of interest accrued thereon, shall be returned to ARL Bio Pharma Inc.

• All Cash or other property held or collected by the Plan Administrator shall be used solely for the purposes contemplated by the Plan, Confirmation Order (or another order of the Bankruptcy Court), or this Administration Agreement.

• No payment or Distribution shall be made with respect to any Claim to the extent it is a Disputed Claim unless and until such Disputed Claim becomes an Allowed Claim, except for distributions into a Disputed Claims Reserve in accordance with the Plan, Confirmation Order, and this Liquidating Trust Agreement.

More Definitions of Plan Confirmation Order

Plan Confirmation Order means the order entered by the United States Bankruptcy Court for the Southern District of New York on December 22, 2017 (Docket No. 62), which confirmed the Plan of Reorganization.

Plan Confirmation Order shall have the meaning assigned to such term in Section 4.02(q).

Plan Confirmation Order means an order of the Bankruptcy Court, that, to the extent the order relates to this Agreement, Laramie, the Company or the transactions contemplated hereunder is reasonably satisfactory to Laramie, and in a form reasonably acceptable to Laramie, in all respects, approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Delta to consummate the transactions contemplated hereby, including the transfer of the Delta Assets to the Company, and the assumption and assignment to the Company of the Assumed Delta Contracts. The Plan Confirmation Order shall find and provide, among other things, that (i) the transfer of the Delta Assets (including without limitation all assets related to the Carry Agreement described in Section 1.1(d)(10) above) by Delta to the Company pursuant to this Agreement (A) will be legal, valid and effective transfers, or assumptions and assignments, as applicable, of the Delta Assets; (B) will vest the Company with all right, title and interest of Delta in and to the Delta Assets, free and clear of any Liens, Claims, Liabilities, interests and encumbrances (including without limitation any transfer restrictions set forth in the Carry Agreement), other than Permitted Liens and the Assumed Liabilities, pursuant to sections 365 and 1141(c) of the Bankruptcy Code (including, without limitation, any right of setoff, recoupment, netting or deduction); (C) constitutes a transfer for reasonably equivalent value and fair consideration under the Bankruptcy Code and other applicable law; and (D) qualifies for exemption under section 1146(c) of the Bankruptcy Code such that Transaction Taxes will be exempted pursuant to, and to the fullest extent allowed by, Section 1146(c) of the Bankruptcy Code; (ii) neither Laramie nor the Company shall be, or shall be deemed to be, as successor to the Debtor or shall bear or shall be subject to any liability as a successor or alleged successor to any of the Debtors, except as expressly set forth in this Agreement, the Plan or the Plan Confirmation Order; (iii) the transactions contemplated by this Agreement are undertaken by Laramie and Delta at arm’s length, without collusion and in good faith within the meaning of section 363(m) of the Bankruptcy Code; (iv) Delta has complied with the notice requirements of Rules 2002, 6004, 6006 and 9014 of the Federal Rules of Bankruptcy Procedure and any applicable rules of the Bankruptcy Court with respect to the transactions contempl...

Plan Confirmation Order means a Final Order of the Bankruptcy Court entered in the Bankruptcy Case, in form and substance reasonably satisfactory to the Insurers that confirms the Liquidating Plan of Reorganization.

Plan Confirmation Order means an order entered by the Bankruptcy Court approving the Disclosure Statement on a final basis and confirming this Combined Plan and Disclosure Statement under sections 1125 and 1129 of the Bankruptcy Code.

Plan Confirmation Order means the order of the Bankruptcy Court entered in the Bankruptcy Case, in form and substance reasonably satisfactory to the Settling Insurers and the Second Settlement Agreement Released Parties, confirming the Plan.

Plan Confirmation Order means an order of the Court confirming the Parent’s Plan.