Available Trust Cash means the aggregate of the Cash, Assets and Causes of Action and proceeds thereof after paying, funding, reserving against, or satisfying:
Available Trust Cash means the aggregate of the Assets after paying, funding, reserving against, or satisfying: (1) fees incurred due to the U.S. Trustee pursuant to 28 U.S.C. § 1930; (2) incurred operating and administrative expenses of the Trust, including but not limited to all costs, expenses, and obligations incurred by the Trustee (or professionals who may be employed by the Trustee in administering the Trust) in carrying out their responsibilities under the Agreement, or in any manner connected, incidental, or related thereto; and (3) the Professional Fee Reserve, the Administrative Claims Reserve, and the GUC Recovery Reserve.
Available Trust Cash means the aggregate of the Cash, Assets and
Examples of Available Trust Cash in a sentence
If any distribution of Available Trust Cash to or on behalf of a Beneficiary is returned to the Trustee or his or her agent as undeliverable, no further distribution to such Beneficiary shall be made unless and until the Trustee is notified in writing of such Beneficiary’s then-current address.
On any subsequent Distribution Date, each Holder of a Liquidating Trust Interest shall receive a Pro Rata Share of Available Trust Cash.
Within thirty (30) days of a Disputed Claim becoming an Allowed Claim, the Trustee shall distribute to the Holder thereof, from the Disputed Claim Reserve, such amount of Available Trust Cash as would have been distributed to such Holder if its Claim had been an Allowed Claim on the Effective Date.
The Liquidating Trustee shall make an initial Distribution to the Liquidating Trust Beneficiaries from Available Trust Cash on the Initial Distribution Date.
After a Contested Claim becomes an Allowed Trust Claim, the Trustee may, in his or her sole discretion, immediatelydistribute to the holder thereof such amount of Available Trust Cash as would have been distributed to such Holder if its Claim had been an Allowed Claim on the Effective Date.
More Definitions of Available Trust Cash
Available Trust Cash means proceeds of the Liquidating Trust’s assets that are available for distribution to holders of Beneficial Interests in the Liquidating Trust in accordance with the Plan and the Liquidating Trust Agreement.
Available Trust Cash means the aggregate of the Assets and Causes of Action and proceeds thereof after paying, reserving against, or satisfying: (1) fees incurred due to the
Available Trust Cash means the aggregate of the Liquidating Trust Advance, Cash on the Effective Date, proceeds of the Causes of Action, including the Known Litigation Claims, Enforcement Actions and Avoidance Actions, the Estate’s portion of the Escrow Account, Estate’s portion of the Partially Bonded Project Settlement Proceeds, the Estate’s portion of the Settlement Account and the Operating Account, plus all other Assets and the proceeds thereof after paying, funding, reserving against, or satisfying: (a) fees due to the U.S. Trustee pursuant to 28 U.S.C. § 1930(a)(6) that are incurred after the Effective Date of the Plan; and (b) operating and administrative expenses of the Trust, including but not limited to all reasonable costs, expenses, and obligations incurred by the Trustee and any professionals who may be employed by the Trustee in administering the Trust pursuant to the Plan and in carrying out the Trustee’s responsibilities under this Agreement, other than Contingency Counsel, and only as specifically set forth in the Liquidating Trust Budget. Available Trust Cash shall exclude any funds deposited or to be deposited in the Professional Fee Escrow pursuant to the terms of the Settlement Agreement and the Plan.
Available Trust Cash means the proceeds of the Assets (including Causes of Action, as such term is defined in the Plan) after paying, reserving against, or satisfying: (a) fees incurred and due to the U.S. Trustee pursuant to 28 U.S.C. § 1930(a)(6);(b) operating and administrative expenses of the Trust, including, but not limited to, all costs, expenses, and obligations incurred by the Trustee (or professionals who may be employed by the Trustee in administering the Trust) in carrying out his or her responsibilities under this Liquidating Trust Agreement, the Plan and the Confirmation Order; and (c) any reserves provided for under the Plan.
Available Trust Cash means the aggregate of the Assets (including
Available Trust Cash means the aggregate of the amounts remaining in the GUC Fund, Cash on the Effective Date, proceeds of the Causes of Action, including the Estate Causes of Action, plus all other Assets and the proceeds thereof after paying, funding, reserving against, or satisfying: (a) fees due to the U.S. Trustee pursuant to 28 U.S.C. § 1930(a)(6) that are incurred after the Effective Date of the Plan; and (b) operating and administrative expenses of the Trust, including but not limited to all reasonable costs, expenses, and obligations incurred by the Trustee and any professionals who may be employed by the Trustee in administering the Trust pursuant to the Plan and in carrying out the Trustee’s responsibilities under this Agreement, other than the fees and expenses of Contingency Counsel. Available Trust Cash shall exclude any funds deposited or to be deposited in the Professional Fee Escrow pursuant to the terms of the Plan.
Available Trust Cash means the aggregate of the Assets and Causes of Action and proceeds thereof after paying, reserving against, or satisfying: (a) fees incurred and due to the U.S. Trustee pursuant to 28 U.S.C. § 1930(a)(6); (b) operating and administrative expenses of the Trust, including but not limited to all costs, expenses, and obligations incurred by the Trustee (or professionals who may be employed by the Trustee in administering the Trust) in carrying out its responsibilities under this Agreement; and (c) the Disputed Claims Reserve.