Contingent Assets definition

Contingent Assets shall have the meaning set forth in Section 6.15(c) of this Agreement.

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Contingent Assets means all recoveries by the Debtor or any of its Subsidiaries (other than the Initial Payment, Expense Savings, Contingent Expense Savings or Holdback Proceeds), including, without limitation, any tax refunds, any proceeds from the sale of tax losses or attributes, any proceeds from the sale, farmout or development of the Deep Rights, the Rosablanca property or any other oil and gas properties of the Debtor or the Subsidiaries after the Effective Date and any proceeds from Litigation Claims.

Contingent Assets means the Holthouse Claim and the IVC/Burbank Lease Renegotiation.

Examples of Contingent Assets in a sentence

• In respect of the foregoing, Schedule 1.1(70) and Schedule 1.1(71) set forth certain identified Shared Contingent Assets and Shared Contingent Liabilities, respectively, and identify (but do not limit) those employees and agents who shall assist the Managing Party in its management of such Shared Contingent Liabilities and Shared Contingent Assets.

• In respect of the foregoing, Schedules 1.1(15)(i) and 1.1(191) set forth certain identified Assumed Tyco Contingent Liabilities and Tyco Contingent Assets, respectively, and identify (but does not limit) those employees and agents who shall assist the Managing Party in its management of the Assumed Tyco Contingent Liabilities and Tyco Contingent Assets.

• In respect of the foregoing, Schedules 1.1(14)(i) and 1.1(189) set forth certain identified Assumed Tyco Contingent Liabilities and Tyco Contingent Assets, respectively, and identify (but does not limit) those employees and agents who shall assist the Managing Party in its management of the Assumed Tyco Contingent Liabilities and Tyco Contingent Assets.

• Such arrangement may, but is not required to, include any entitlements the Proposing Party may have to any Cendant Contingent Assets.

• In respect of the foregoing, Schedules 1.1(14)(i) and 1.1(191) set forth certain identified Assumed Tyco Contingent Liabilities and Tyco Contingent Assets, respectively, and identify (but does not limit) those employees and agents who shall assist the Managing Party in its management of the Assumed Tyco Contingent Liabilities and Tyco Contingent Assets.

More Definitions of Contingent Assets

Contingent Assets means, as of any date, all claims and causes of action other than Bankruptcy Causes of Action as described in Section 8.4 hereof that remain outstanding and subject to recovery by and for the benefit of the Distribution Trust, specifically

Contingent Assets shall include (i) one-half of the Refunded Incentive Management Fee, (ii) the Prorated Tax Adjustment (as defined below), if positive, (iii) the Refunded Litigation Reserves, (iv) any Other Manager Payments (as defined below) and (v) all claims or demands of any nature whatsoever, known or unknown, anticipated or unanticipated, accrued or unaccrued, which have been or may be asserted by or on behalf of the Partnership, and which arise out of events occurring prior to the Closing with respect to the Material Contracts.

Contingent Assets shall include (i) the Final Net Profit Payment, (ii) the Prorated Tax Adjustment (as defined below), if positive, (iii) the Refunded Litigation Reserves, (iv) any Other Manager Payments (as defined below) and (v) all claims or demands of any nature whatsoever, known or unknown, anticipated or unanticipated, accrued or unaccrued, which have been or may be asserted by or on behalf of the Partnership, and which arise out of events occurring prior to the Closing with respect to the Material Contracts.

Contingent Assets means those assets set forth in Section 1.5(a) of the Company Disclosure Schedule. Each Contingent Asset shall be valued at no more than the after-tax value of each such asset as set forth in Section 1.5(a) of the Company Disclosure Schedule (the “Maximum Potential Contingent Asset Value”).

Contingent Assets means, as of any date, all escrows, notes, residual interests, working capital adjustments and preferred shares listed on Exhibit A hereto that remain outstanding and subject to recovery or liquidation in whole or in part by the Debtors or the Liquidating Agent.

Contingent Assets means the contingent assets of the Telemig/Amazônia Companies indicated in Annex B to this Agreement.

Contingent Assets means (i) the return or payment of funds, if any, from the BMC Escrow to the Reorganized Debtors, (ii) the return of refunds, if any, from governmental taxing authorities in respect to state income taxes previously paid by the Debtors relating to taxing periods prior to the Effective Date, (iii) potential recoveries on account of certain Litigation Claims, and/or (iv) other potential assets of the Debtors corresponding to the applicable Line Items in the Stock Adjustment Formula.