Plan Proponent definition

Plan Proponent means the Debtor.
Plan Proponent means the Debtors.
Plan Proponent means the Creditors’ Committee.

Examples of Plan Proponent in a sentence

  • Once the estate has been fully administered, as provided in Rule 3022 of the Federal Rules of Bankruptcy Procedure, the Plan Proponent, or such other party as the Court shall designate in the Plan Confirmation Order, shall file a motion with the Court to obtain a final decree to close the case.

  • The Plan Proponent may modify the Plan at any time before confirmation of the Plan.

  • The Plan Proponent must also show that it will have enough cash over the life of the Plan to make the required Plan payments.

  • The Plan Proponent believes that the Debtor will have enough cash on hand on the effective date of the Plan to pay all the claims and expenses that are entitled to be paid on that date.

  • The Plan Proponent may also seek to modify the Plan at any time after confirmation only if (1) the Plan has not been substantially consummated and (2) the Court authorizes the proposed modifications after notice and a hearing.


More Definitions of Plan Proponent

Plan Proponent means the Committee.
Plan Proponent means the Debtor; provided, however, that after the Effective Date, such term shall mean the Plan Administrator.
Plan Proponent means Debtor.
Plan Proponent means the Committee in its capacity as proponent of this Combined Disclosure Statement and Plan.
Plan Proponent. The Debtors PLAN OF The Debtors shall file a plan of reorganization REORGANIZATION: (the "First Amended Plan") and related disclosure statement (the "Disclosure Statement") that incorporate, and are consistent with, the terms of the Commitment Letter, the Investment Term Sheet and this Plan Term Sheet. The First Amended Plan and the Disclosure Statement shall be in form and substance reasonably acceptable to the Significant Equityholders in their individual reasonable discretion and may not be amended to adversely affect the Significant Equityholders. The First Amended Plan shall address, among other things, the Debtors' (i) obligations under the DIP Financing Facilities among Foamex, as borrower, the lenders party thereto (the "DIP Lenders"), including Bank of America, N.A., as agent, and Silver Point Finance, LLC, as agent (as amended, collectively, the "DIP Facility"); (ii) obligations under the Indenture, dated as of March 25, 2002, among Foamex and U.S. Bank National Association, as trustee, relating to the issuance of the Series A and Series B 10-3/4% Senior Secured Notes of Foamex due 2009 (the "Senior Secured Notes"); (iii) obligations under the Indenture, dated as of June 12, 1997, between Foamex and the Bank of New York, as trustee, relating to the issuance of the 9-7/8% Senior Subordinated Notes due 2007 (the "2007 Senior Subordinated Notes"); (iv) obligations under the Indenture, dated as of December 23, 1997, between Foamex and the Bank of New York, as trustee, relating to the issuance of the 13-1/2% Senior Subordinated Notes due 2005 (the "2005 Senior Subordinated Notes," and together with the 2007 Senior Subordinated Notes, collectively, the "Senior Subordinated Notes"); (v) other obligations; and (vi) equity securities including options, warrants and rights related thereto.
Plan Proponent means Bank of America, in its role as the Agent for each of the Senior Lenders.
Plan Proponent means R. Scott Williams, in his capacity as Futures Representative in the Reorganization Cases.