Plan Releases definition

Plan Releases means, collectively, the Debtor Releases and the Third-Party Releases. “Plan Sponsor” means ACON or such designated affiliate.
Sample 1
Plan Releases means customary mutual releases by the Parties to be included in the Plan as set forth in Exhibit 3 to the Restructuring Term Sheet and otherwise in form and substance reasonably acceptable to the Company Parties and the Required Consenting Lenders. For the avoidance of doubt, the Plan Releases remain subject to the ongoing Independent Investigation being conducted by the Disinterested Directors.
Sample 1
Plan Releases means (a) the releases given on behalf of the Debtor and its Estate to the Released Parties as set forth in section 10.4 hereof and (b) the releases by the Committee of Avoidance Actions against the Participating Patron Members, the Debtor’s Professionals and the Debtor’s current officers and directors under this Plan.
Sample 1

Examples of Plan Releases in a sentence

  • The information above concerning Lone Star Funds was provided by Lone Star Funds.

  • Plaintiff claims that such a policy concern is particularly resonant herein because the Plan was drafted and submitted by the Debtor while under the control of Defendants, where he did not have any role in drafting, submitting or seeking confirmation of the Plan and the Plan Releases therein.

  • Further concerns were raised about the impact of construction traffic on the rural road network in their areas, as many roads were C-class classification or unclassified.58 This matter was also raised by subsequent petitioners.‌‌ Sir William Cash MP (Stone) (No. 187)41.

  • Section 10.6 further provides as follows:The Confirmation Order approved the foregoing Plan Releases, Plan Discharge, and Plan Injunctions.

  • The Plan Releases as set forth in, among others, Section IV.E.6 of the Plan, as such releases may have been modified by the Modifications, are approved in all respects, are incorporated herein in their entirety, are so ordered and shall be immediately effective on the Effective Date of the Plan without further order or action on the part of the Court, any of the parties to such releases or any other party.

  • The Bankruptcy Code, due process and fairness mandate re-solicitation so unsecured creditors can make fully informed decisions about whether to opt in or out of the Amended Plan Releases.

  • All settlements (including, without limitation, the Settlements), compromises, releases (including, without limitation, the Plan Releases), waivers, discharges, exculpations and injunctions set forth in the Plan shall be, and hereby are, effective and binding on all Persons who may have had standing to assert any settled, released, discharged, exculpated or enjoined causes of action, and no other Person or entity shall possess such standing to assert such causes of action after the Effective Date.

  • The Plan Releases are, individually and collectively, integral to, and necessary for the successful implementation of, the Plan, essential to the Debtors' reorganization and supported by reasonable consideration.

  • In the Confirmation Order, where the Court found, among other things, that each of the nondebtor parties that will benefit from the Plan Releases, shares an identity of interest with the Debtor and has contributed substantial assets to the Debtor’s reorganization that would provide for certain distributions which would otherwise not have been made available, such finding as to the contribution of substantial assets is simply not accurate based upon the Court’s review of the record.

  • What the difference between Economics Econometrics and Financial Econometrics The tools commonly used in financial applications are basically same as those used in economic applications.


More Definitions of Plan Releases

Plan Releases means the Plan Debtor Release and Third Party Release.
Sample 1
Plan Releases means the releases, waivers and other consideration described in section 8.7 of this Plan.
Sample 1

Related to Plan Releases

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Proof of Claim and Release means the Proof of Claim and Release form for submitting a Claim, which, subject to approval of the Court, shall be substantially in the form attached hereto as Exhibit A-2, that a Class Member must complete and submit should that Class Member seek to share in a distribution of the Net Settlement Fund.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit B (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.

  • Current Release means the latest version of the Software offered for general commercial distribution at a given point in time, including all New Releases.

  • Work release means a program of partial confinement

  • General Release has the meaning stated in Section 6.03.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Plan 3 means the teachers' retirement system, plan 3

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Earned release means earned release from confinement as

  • Enrollment Agreement means an agreement between the Company and an employee, in such form as may be established by the Company from time to time, pursuant to which the employee elects to participate in this Plan, or elects changes with respect to such participation as permitted under the Plan.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Health benefits plan means a benefits plan which pays or

  • Conditional release means a revocable modification of a

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Beneficiary Designation Form means the form established from time to time by the Plan Administrator that the Executive completes, signs, and returns to the Plan Administrator to designate one or more Beneficiaries.

  • Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.

  • Prospective employee means an assessed individual who is anticipated to be hired upon completion of training.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • New Release means a partial or complete replacement of the executable code of the Software in machine-readable form, which may provide new features or functions. A New Release may incorporate some or no enhancements. A New Release involves only such alterations that change the release number to the immediate right of the decimal point. Changes to the release number are made solely at the discretion of the Licensor.