Allocated Value definition

Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

Allocated Value is defined in Section 3.2.

Allocated Value shall have the meaning set forth in Section 3.7.

Examples of Allocated Value in a sentence

• If no Environmental Defect is determined to exist, Buyer shall pay the Allocated Value attributable to the affected portion of the Assets to Seller, and Seller shall convey the previously retained portion of the Assets to Buyer.

• If the Environmental Defect Value or the cost to cure an Environmental Defect is determined to be greater than the Allocated Value of the affected portion of the Assets, Seller shall retain the affected portion of the Assets, and the Purchase Price shall be reduced by the Allocated Value attributable to such portion of the Assets.

• In the case of condemnation or eminent domain, the Parties shall work together in good faith to reduce the Purchase Price by an amount equal to the Allocated Value (or applicable portion thereof) of the Assets (or portion thereof) taken in condemnation or under right of eminent domain.

• The consequence of (i) shall be that Buyer will pay to Seller an amount equal to the Allocated Value for the affected Assets minus the Environmental Defect Value and the affected portion of the Assets previously retained by Seller shall be conveyed to Buyer.

• The consequence of (ii) shall be that upon achieving Buyer’s written acknowledgement that the Environmental Defect has been cured to its reasonable satisfaction, the Allocated Value for such previously retained Asset shall be paid to Seller and the affected portion of the Assets shall be conveyed to Buyer.

More Definitions of Allocated Value

Allocated Value has the meaning set forth in Section 2.5.

Allocated Value shall have the meaning given that term in Section 3.03.

Allocated Value as defined in Section 4.04(c)(ii).

Allocated Value means, with respect to any Asset, the amount allocated to that Asset under Section 11.01.

Allocated Value with respect to any Asset, means the amount set forth on Schedule 3.8 under the column “Allocated Value” for such Asset.

Allocated Value means the dollar amount allocated to each producing Asset as set forth on Exhibit B.

Allocated Value has the meaning assigned to it in Section 3.3(a).