Cash Payment Fund definition

Cash Payment Fund means the fund that may be established pursuant to Article 6.12 of this Plan.
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Cash Payment Fund means a Cash fund available to holders of Allowed General Unsecured Claims other than Wexford-Related Unsecured Claims that will be created on the Effective Date and into which there shall be deposited the General Unsecured Claims Cash Payment; provided that any amount deposited or held in the Cash Payment Fund in excess of the Required Unsecured Claims Payment shall be withdrawn from the Cash Payment Fund and deposited in the Post-Petition Interest Fund.
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Cash Payment Fund shall have the meaning set forth in Section 2.6(a)(i).
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Examples of Cash Payment Fund in a sentence

  • The purpose of the Cash Payment Fund is to provide a mechanism for Holders of Claims in Classes 5 and 6 to opt to receive an Accelerated Cash Payment.

  • Each Funding Source shall provide its Commitment Amount to the Cash Payment Fund by at least thirty (30) days prior to a Distribution Date, paying its Proportionate Share of the Accelerated Cash Payments that will be made on the next Distribution Date.

  • All Cash necessary for the Reorganized Debtors to make payments required by this Plan shall be obtained from existing Cash balances, the operations of the Debtors or Reorganized Debtors, the Exit Financing, any proceeds from the Retained Actions, or the Cash Payment Fund.

  • Each Holder of an Allowed Prepetition Notes Claim will be provided a space on its Ballot to indicate whether such Holder would like to participate as a Funding Source in the event the conditions for the creation of a Cash Payment Fund are satisfied.

  • In the event the Debtors are able to obtain prior to the Confirmation Hearing a Standby Commitment Letter in which the Investors agree to provide funds to the Cash Payment Fund in an amount that is at least equal to the Estimated Aggregate Accelerated Cash Payment Amount, a Holder of an Allowed General Unsecured Claim will receive either (i) Periodic Cash Payments, or (ii) an Accelerated Cash Payment if such Holder chooses the Accelerated Cash Payment Option.

  • If the Board determines not to issue bonds to finance the Improvements, the Collection Officer shall return the amounts ofeach cash payment (with any interest thereon) to the persons responsible for paying that cash payment and the Cash Payment Fund shall be closed.

  • To the south west, another two public rights of way combine to provide access through the woodland as well as an important link with the neighbouring Craig-y-Parc Conservation Area.

  • The procedures and terms of delivery of any funds under the Standby Commitment Letter will be set forth in the Standby Commitment Letter, provided, however, in no event shall such funds be provided to the Cash Payment Fund later than ten (10) days prior to a Distribution Date.

  • In the event the Debtors receive a Standby Commitment Letter with committed funds at least equal to the Estimated Aggregate Accelerated Cash Payment Amount, the holders of Prepetition Notes Claims shall be entitled to participate as a Funding Source for the Cash Payment Fund.

  • Any Holder of a Prepetition Notes Claim that elects on its Ballot to participate as a Funding Source shall, prior to the Effective Date, provide to the Debtors a written commitment in a form to be provided by the Debtors of the Commitment Amount that such Holder will agree to contribute to the Cash Payment Fund.


More Definitions of Cash Payment Fund

Cash Payment Fund has the meaning set forth in Section 3.4(g)(i).
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Related to Cash Payment Fund

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Contribution Amount has the meaning given in subsection 444-90(1A) in Schedule 1 of the Australian Taxation Administration Act 1953 (Cth).

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Contribution Amounts the aggregate amount of capital contributions applied by the Borrower to permit the Incurrence of Contribution Indebtedness pursuant to Subsection 8.1(b)(xi).

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • Qualified Settlement Fund or “Settlement Fund” means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Retirement fund means the "Washington law enforcement