Core Value Cash Pool definition

Core Value Cash Pool means Cash in the aggregate amount of
Sample 1Sample 2Sample 3
Core Value Cash Pool means Cash in the aggregate amount of$25,000,000 for purposes of making Distributions to holders of Allowed General Unsecured Claims and, subject to the terms of Article III.B.9, holders of Allowed Non- Abuse Litigation Claims. Reorganized BSA shall fund the Core Value Cash Pool in accordance with Article V.O.
Sample 1Sample 2

Examples of Core Value Cash Pool in a sentence

  • Reorganized BSA shall deposit Cash into the Core Value Cash Pool by making four semi-annual installment payments equal to $6,250,000.

  • Funds held in the Professional Fee Reserve shall not be considered property of the Debtors’ Estates, Reorganized BSA, the Settlement Trust, or the Core Value Cash Pool.

  • Holders of Allowed Claims arising from such rejection shall be entitled to a recovery from the Core Value Cash Pool in accordance with the applicable terms of the Plan.‌ J.

  • If any Plan to a holder of an Allowed Claim is not negotiated for a period of 180 days after the Distribution, then such Distribution shall be deemed unclaimed property under section 347(b) of the Bankruptcy Code and re-vest in Reorganized BSA or re-vest in the Core Value Cash Pool if such Distribution was made from the Core Value Cash Pool.

  • A coalition of business groups spearheaded by BIPEC and MEC, of which MSCPA is a member, lead to pass what is known as the “Mississippi Back-to-Business LiabilityAssurance Act” in SB3049.

  • The reasonable fees and actual and necessary costs and expenses of the Disbursing Agent, if any, shall be paid by Reorganized BSA.R. Residual Cash in Core Value Cash Pool.

  • It happened due to lack of proper initiative from the contractors end.

  • Funds held in the Professional Fee Reserve shall notbe considered property of the Debtors’ Estates, Reorganized BSA, the Settlement Trust, or the Core Value Cash Pool.

  • Neither the Debtors nor Reorganized BSA shall have any independent obligation to pay interest for or on account of any Allowed General Unsecured Claims other than from the Core Value Cash Pool in accordance with the terms of this Article VII.L. M.

  • If any assets remain in the Disputed Claims Reserve after all Disputed General Unsecured Claims have been resolved, such assets shall be placed in the Core Value Cash Pool and distributed Pro Rata to all holders of Allowed General Unsecured Claims on the next Distribution Date (or, if all Disputed General Unsecured Claims are resolved after the final Distribution Date, as soon as practicable thereafter).

Related to Core Value Cash Pool

  • 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:

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Net Working Capital Target means $2,000,000.

  • Cash Position means the Company’s level of cash and cash equivalents.

  • Net Cash Proceeds with respect to any issuance or sale of Capital Stock, means the cash proceeds of such issuance or sale net of attorneys' fees, accountants' fees, underwriters' or placement agents' fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.