Examples of Plan Funding Agreement in a sentence
The Confirmation Order shall authorize the Plan Investment Transaction under sections 363 and 1123(b)(4) of the Bankruptcy Code under the terms and conditions of the Plan Funding Agreement.
In the event that a Curtailment on the Transmission Provider's Transmission System, or a portion thereof, is required to maintain reliable operation of such system, Curtailments will be made on a non-discriminatory basis to the transaction(s) that effectively relieve the constraint.
Regardless of the form of Wind Down Co, and in furtherance of section 1123(b)(3)(B) of the Bankruptcy Code, Wind Down Co shall have the same authority in respect of all taxes and tax filings of the Debtors for all taxable periods (or portions thereof) ending on or prior to the Effective Date as if Wind Down were the applicable Debtors, subject only (as between the Reorganized Debtors and Wind Down Co) to the Plan Funding Agreement.
Other than Causes of Action against an Entity that are waived, relinquished, exculpated, released, compromised, or settled in the Plan or by a Bankruptcy Court order, the Debtors reserve any and all Causes of Action, subject to the terms of the Plan Funding Agreement.
Pursuant to and subject to the terms and conditions of Plan Funding Agreement, on the Effective Date, the Plan Investor will (a) be issued 100% of the equity interests in Reorganized U.S. HoldCo, and (b) purchase all of the issued and outstanding equity interests in WECHOL, in each case, free and clear of all Liens (other than Liens arising under applicable securities laws).