Plan Settlement definition

Plan Settlement means the good faith compromise and settlement of all Claims, Interests, and controversies as described in Article IV.A of the Plan.

Plan Settlement means the settlement by and between Comerica, the Debtors and the Creditors’ Committee embodied in this Plan.

Plan Settlement means the compromises and settlements by and among the Debtors and their respective Estates, the Independent Directors and Managers, the Committee, and the Consenting Creditors, of among other things (i) all Inter-Debtor Claims, (ii) the allocation of cash and/or New Common Stock between the Holders of Unsecured Bondholder Claims and the Holders of General Unsecured Claims against the Debtors, and (iii) the allocation of value between and among the Debtors’ Estates, including allocation of the FE Settlement Value.

Examples of Plan Settlement in a sentence

• The parties shall cooperate with each other and, upon reasonable request, provide information with respect to the tax matters set forth in the Amended Plan Settlement.

• Subsequent to adoption of the updated 2002 Truckee Meadows Regional Plan, the Regional Plan Settlement Agreement Case No. CV02-03469 (hereinafter referred to as “settlement agreement”) was reached that disposed of certain litigation over the Regional Plan and related matters.

• Entry of the Confirmation Order shall, subject to the occurrence of the Effective Date and effective as of the Effective Date, constitute an order of the Bankruptcy Court approving the Amended Plan Settlement, including the Debtor’s entry into the Cost Allocation Agreement, the Cooperation Agreement Amendment and the Amended TSA.

• The Committee shall support the Debtor’s application for Bankruptcy Court approval of the Amended Plan Settlement.

• Each of AAC and the Rehabilitator hereby consents to the defense costs incurred by the Debtor and AAC (i) prior to the Plan Settlement Signing Date with respect to the IRS Dispute, the invoices for which have been provided to AAC and the Rehabilitator, and (ii) in implementing the litigation strategy that the Debtor is currently pursuing in connection with the IRS Dispute.

More Definitions of Plan Settlement

Plan Settlement means the good-faith compromise and settlement provided by the Plan as described in the Disclosure Statement and Article IV.A of the Plan.

Plan Settlement means the settlement reached among the Debtors, Committee, GroupM, Sky UK Limited, certain Noteholders, and CRG, which participated in the mediation conducted on March 4, 2019, the terms of which were subsequently memorialized under an “Amended Plan Term Sheet” signed by the Plan Settlement parties.

Plan Settlement means the global settlement reached among the Plan Settlement Parties as embodied in the Plan, including the Plan Support and Settlement Term Sheet, as described in Article IV(A)(2) hereof.

Plan Settlement means the settlement of certain Claims and controversies described in Section 8.01 of the Plan, and as further described and explained in the Disclosure Statement.

Plan Settlement means that certain agreement establishing the principal terms

Plan Settlement means the global compromise and settlement of certain disputes among the Debtor, AAC, the Committee, the Informal Group and OCI. Pursuant to the Plan Settlement, in full and final satisfaction, settlement, release and discharge of and in exchange for the relinquishment of certain Causes of Action against AAC, the Segregated Account and OCI,

Plan Settlement means the good-faith compromises and settlements provided by the Plan, including, but not limited to, the Committee Plan Settlement, the Legacy Notes Plan Settlement, and the CCOH Plan and Separation Settlement, as described in the Disclosure Statement and Article IV.A of the Plan.