Substantial Consummation Date definition

Substantial Consummation Date means the date on which Substantial Consummation of the Plan occurs.
Sample 1Sample 2
Substantial Consummation Date shall have the meaning set forth in the Plan of Reorganization.
Sample 1Sample 2
Substantial Consummation Date. As defined in the Plan, the day that is the third (3rd) Business Day after the Effective Date (as defined in the Plan) on which (i) no stay of the Confirmation Order (as defined in the Plan) is in effect; (ii) all conditions to the Effective Date have occurred; (iii) all Governmental and Regulatory Authorities (as defined in the Plan) have approved the transactions contemplated by the Plan, including Gaming Authorities (as defined in the Plan) and (iv) all other conditions precedent to substantial consummation of the Plan have been satisfied or waived by Debtors or a Non-Debtor party that has the power to satisfy or waive such conditions. “Tax Year”. A taxable year of the Company as determined pursuant to Code Section 706, including any short taxable year.
Sample 1

Examples of Substantial Consummation Date in a sentence

  • Subject to the provisions of this Plan, the Assets shall be transferred to and by the Reorganized Debtors and Reorganized Herbst Gaming on the Substantial Consummation Date.

  • Any share of common stock, preferred stock, membership interest or other instrument evidencing an ownership interest in a Debtor, whether or not transferable, and any option, warrant or right, contractual or otherwise, to acquire any such interest in a Debtor that existed immediately prior to the Substantial Consummation Date.

  • At any time after the Confirmation Date and before the Substantial Consummation Date, notwithstanding anything in this Plan to the contrary, the Debtors may settle any or all of the Litigation Claims with the approval of the Bankruptcy Court pursuant to Bankruptcy Rule 9019.

  • After the Substantial Consummation Date, the Reorganized Debtors and Reorganized Herbst Gaming may, and shall have the exclusive right to, compromise and settle any Claims against them and claims they may have against other Person or entity, including, without limitation, the Litigation Claims, without notice to or approval from the Bankruptcy Court, including, without limitation, any and all derivative actions pending or otherwise existing against the Debtors as of the Effective Date.

  • As of the Effective Date or the Substantial Consummation Date, as the case may be, any and all such Causes of Action are settled, compromised and released pursuant hereto.

  • The economic terms of this agreement shall be honored and performed by the parties thereto as if all assumptions, modifications or other treatments described herein were in effect as of the Effective Date, notwithstanding the fact that the Substantial Consummation Date may not yet have occurred.

  • From the Effective Date until the Substantial Consummation Date, the Debtors will continue to be managed by the existing officers, directors and the COO/Gaming who shall work in consultation with the Consenting Lenders, regarding the management of operations, maintenance of working capital and utilization of cash flows of the Reorganized Debtors, all in accordance with applicable gaming laws and regulations.

  • On the Substantial Consummation Date, all Class 8 Equity Interests in Herbst Gaming shall be cancelled.

  • As of the Effective Date or the Substantial Consummation Date, as the case may be, any and all such rights described in the preceding sentence will be settled, compromised and released pursuant to this Plan.

  • All of such policies are in full force and effect and are valid and enforceable in accordance with their terms, and the Company has complied with all material terms and conditions of such policies, including premium payments.


More Definitions of Substantial Consummation Date

Substantial Consummation Date. August 1, 2011.
Sample 1

Related to Substantial Consummation Date

  • Consummation Date means the date of the substantial consummation (as defined in Section 1101 of the Bankruptcy Code and which for purposes of this Agreement shall be no later than the effective date) of a Reorganization Plan that is confirmed pursuant to an order of the Bankruptcy Court.

  • Consummation means the occurrence of the Effective Date.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Consummation Deadline As defined in Section 3(b) hereof.

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Second Closing Date means the date of the Second Closing.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Acquisition Period means the period beginning, at the election of the Company, with the funding date of the purchase price for a Specified Acquisition and ending on the earliest of (a) the third following fiscal quarter end, (b) the Company’s receipt of proceeds of a Specified Equity Offering; and (c) the Company’s election in writing to terminate such Acquisition Period.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Outside Date has the meaning set forth in Section 8.1(b).

  • IPO Closing Date means the closing date of the IPO.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Additional Closing Date has the meaning set forth in Section 3.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.