Examples of Reorganized Endologix in a sentence
In accordance with Article IV.M.1 of the Plan, the New Manager and members of Reorganized Endologix have been disclosed in the Plan Supplement, which constitutes adequate disclosure of such information.
On or promptly following the Effective Date, Reorganized Endologix shall be authorized, to issue or cause to be issued, all of the New Equity Interests issued or issuable in accordance with the terms of the Plan.
In accordance with Article IV.M.1 of the Plan, the New Manager and members of Reorganized Endologix have been disclosed in the Plan Supplement.
These Causes of Action could result in additional value being available to satisfy unsecured claims if the Causes of Action are not transferred to Reorganized Endologix and the Reorganized Debtors.
On the Effective Date, Reorganized Endologix shall issue or cause to be issued all of the New Equity Interests issued or issuable in accordance with the terms of the Plan.
Significantly, to the extent a Cause of Action is not released under Article IX.B of the Plan, the Causes of Action, including Avoidance Action, are to vest on the Effective Date in Reorganized Endologix or the Reorganized Debtors.
The New Manager and members of Reorganized Endologix will be disclosed in the Plan Supplement.
Notably, the Disclosure Statement observes that the Plan “allows Reorganized Endologix to emerge from these Chapter 11 Cases as a private company, relieving the Company of the administrative burdens and attendant costs of continuing as a public company,” DS, Art.
On or promptly following the Effective Date, Reorganized Endologix, the New Manager and the recipients of New Equity Interests shall enter into the LLC Agreement in substantially the form included in the Plan Supplement as a condition of the New Equity Interest Distribution.
The Disclosure Statement provides inadequate disclosure of the known and potential Causes of Action, which shall vest (i) in the case of Liquidating Debtors, in Reorganized Endologix; and (ii) in the case of each Debtor that is not a Liquidating Debtor, in each respective Reorganized Debtor.