Avoidance Action Proceeds definition

Avoidance Action Proceeds means any and all proceeds of any Avoidance Action.
Avoidance Action Proceeds means the net Cash consideration received by PREPA in connection with the Avoidance Actions.
Avoidance Action Proceeds means the proceeds of the Term Loan Avoidance Action.

Examples of Avoidance Action Proceeds in a sentence

  • The Litigation Cost Advance shall be secured by a first priority lien over the Funding Account and the Avoidance Action Proceeds.

  • Except as provided in this paragraph 12, the Trust may not incur additional indebtedness, whether unsecured or secured by any interest (including a security interest) in the Term Loan Avoidance Action or Avoidance Action Proceeds without the prior written consent of the DIP Lenders, except that the Trust may incur expenses in the ordinary course of the Trust’s business provided no lien or right of setoff is attached thereto.


More Definitions of Avoidance Action Proceeds

Avoidance Action Proceeds means any proceeds or property recovered, unencumbered or otherwise in connection with successful Avoidance Actions, whether by judgment, settlement or otherwise.
Avoidance Action Proceeds means proceeds from any Avoidance Actions.
Avoidance Action Proceeds means any proceeds recovered from any Avoidance Action, net of legal fees and expenses incurred in connection with such recoveries, and taxes, if any.
Avoidance Action Proceeds means proceeds of all claims and causes of actions under Chapter 5 of the Bankruptcy Code, including, without limitation, those under sections 502(d), 544, 545, 547, 548, 549, 550, 552(b) and 553, and state laws of similar import.
Avoidance Action Proceeds means any proceeds obtained or that could be obtained as a result of a successful Avoidance Action.
Avoidance Action Proceeds means recoveries received by any of the Obligors from claims arising under Sections 544, 545, 547, 548, 549, 550 or 553 of the Bankruptcy Code.
Avoidance Action Proceeds means proceeds of claims and causes of action under Sections 502(d), 544, 545, 547, 548, 550 and 553 of the Bankruptcy Code.