Examples of Reorganized PHI in a sentence
Subject to the Restructuring Transactions, the Intercompany Interests shall remain effective, outstanding, and Reinstated on the Effective Date and shall be owned and held by Reorganized PHI as of the Effective Date.
It is currently anticipated that New Holding Company will conduct no operations and hold no assets other than 100% of the shares of Reorganized PHI.
Therefore, in lieu of shares or warrants for shares of Reorganized PHI, the Holders shall receive New Holding Company stock or warrants as more fully described above.
Reorganized PHI shall pay the amounts Allowed by Final Order of the Bankruptcy Court within ten (10) days after the date of such Order.
Such Administrative Claims shall be assumed and paid by Reorganized PHI pursuant to the terms and conditions of the particular transactions giving rise to such Administrative Claims without any further action by the Holders of such Claims or the need for Bankruptcy Court approval.
Objections to applications of Professionals for compensation or reimbursement of expenses must be Filed and served on Reorganized PHI, the United States Trustee, the Creditors' Committee and the Professionals to whose application the objections are addressed, no later than fifteen (15) days after service of the related application.
In accordance with Section 346 of the Bankruptcy Code, for purposes of any state or local law imposing a tax, income will not be realized by the Estates, the Debtors or Reorganized PHI by reason of the forgiveness or discharge of indebtedness resulting from the Chapter 11 Cases.
These payments will be made on terms agreed to with Reorganized PHI and will not be deducted from distributions to be made pursuant to the Plan to Holders of Allowed Claims and Allowed Interests.
Reorganized PHI will make all distributions required under the Plan, except for distributions made by the Old Indenture Trustee.
Subject to Article IV.D of this Plan, the Reorganized Debtors (including, for the avoidance of doubt, Reorganized PHI and New Holding Company) shall enter into such agreements and amend their corporate governance documents to the extent necessary to implement the terms and provisions of the Plan.