CRP Value definition

CRP Value means the upper limit of the Settlement Facility’s obligation for Litigation Option Expenditures with respect to a particular Litigation Option Claim, amounting to the larger of the payment prescribed by the calculations in CRP Appendix I (Expedited Review) or Appendix II (Individual Review) for the Claimant.
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CRP Value means the upper limit of the Settlement Facility’s obligation for Litigation Option Expenditures with respect to a particular Litigation Option Claim, amounting to the larger of the payment prescribed by the calculations in CRP Appendix I (Expedited Review) or Appendix II (Individual Review) for theClaimant, which calculations are defined more particularly in the Settlement Facility Agreement.
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Examples of CRP Value in a sentence

  • Pending determination by the Settlement Facility of the CRP Value and its obligation for Litigation Option Expenditures, Reorganized Garrison may make interim payments for Litigation Expenses using the Litigation Fund, to be reimbursed by the Settlement Facility up to the amount of the CRP Value.

  • If Reorganized Garrison makes, and the Litigation Option Claimant accepts, any settlement after judgment, the Settlement Facility will pay the settlement amount and Litigation Expenses up to the CRP Value, and Reorganized Garrison will pay any additional amounts from the Litigation Fund.

  • Reorganized Garrison’s authority to settle any Litigation Option Claim before judgment shall be limited to the CRP Value less Litigation Expenses prior to the date of any settlement, and its authority to settle after judgment shall be limited to the amount of the judgment, including any interest and costs awarded.

  • The Settlement Facility also shall assume financial responsibility for Litigation Option Expenditures up to the amount of the CRP Value for such Claims.

  • If Reorganized Garrison makes, and the Litigation Option Claimant accepts, any settlement, the Settlement Facility will pay the settlement to the Claimant after paying any Litigation Expenses incurred before the date of settlement, with the Settlement Facility’s aggregate responsibility not to exceed the CRP Value.

  • The Settlement Facility shall pay such Litigation Expenses, up to the CRP Value.

  • Litigation Expenses incurred by Reorganized Garrison shall be billed to the Settlement Facility until the CRP Value is exhausted, at which time Reorganized Garrison shall be responsible for paying all further Litigation Expenses from the Litigation Fund.

  • If Reorganized Garrison makes, and the Litigation Option Claimant accepts, any settlement before judgment, the Settlement Facility will pay the settlement to the Claimant after paying Litigation Expenses incurred before the date of settlement, with the Settlement Facility’s aggregate responsibility not to exceed the CRP Value.

  • Reorganized Garrison’s authority to settle any Litigation Option Claim shall be limited to the CRP Value less Litigation Expenses to the date of any settlement but Reorganized Garrison shall not be obligated to offer the Litigation Option Claimant any settlement.

  • On the Effective Date, without any further action of any Entity, the Settlement Facility shall assume all liabilities, obligations, and responsibilities for all Settlement Option Claims, and shall also assume all Litigation Option Expenditures up to the CRP Value for Litigation Option Claims.

Related to CRP Value

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • S&P Value means, on any date and with respect to any Eligible Collateral other than Cash, the product of (A) the bid price obtained by the Valuation Agent for such Eligible Collateral and (B) the S&P Valuation Percentage for such Eligible Collateral set forth in paragraph 13(b)(ii).

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • 704(c) Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution, as determined by the General Partner using such reasonable method of valuation as it may adopt. Subject to Exhibit B hereof, the General Partner shall, in its sole and absolute discretion, use such method as it deems reasonable and appropriate to allocate the aggregate of the 704(c) Values of Contributed Properties in a single or integrated transaction among the separate properties on a basis proportional to their respective fair market values.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Adjusted Value as used in subdivision (d) means:

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Fund Value means the separate account assets associated with the Variable Annuity Business.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • SPS AER Value means the Underlying Reference Value.

  • Contribution Value means the fair market value as reasonably determined by the General Partner of property (other than cash) contributed by a Partner to the Partnership (net of liabilities secured by such contributed property that the Partnership is treated as assuming or taking subject to pursuant to the provisions of Section 752 of the Code).

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Economic Value – means the value of the Company and of its shares, to be determined by a specialized company by using a recognized methodology or based on another criterion to be defined by the CVM.

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Intrinsic Value means reinstatement value of insured property or item less due allowance for betterment, wear and tear and/or depreciation

  • Cash Value means the greater of (i) the amount that the policyholder is entitled to receive upon surrender or termination of the contract (determined without reduction for any surrender charge or policy loan), and (ii) the amount the policyholder can borrow under or with regard to the contract. Notwithstanding the foregoing, the term “Cash Value” does not include an amount payable under an Insurance Contract as: (1) a personal injury or sickness benefit or other benefit providing indemnification of an economic loss incurred upon the occurrence of the event insured against; (2) a refund to the policyholder of a previously paid premium under an Insurance Contract (other than under a life insurance contract) due to policy cancellation or termination, decrease in risk exposure during the effective period of the Insurance Contract, or arising from a redetermination of the premium due to correction of posting or other similar error; or (3) a policyholder dividend based upon the underwriting experience of the contract or group involved.

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as reasonably determined by the Borrower, but excluding any Cure Amount and any Contribution Indebtedness Amount) received (or deemed to be received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Adjusted Book Value means, as of a particular date, the Book Value on such date, subject to the following adjustments, each of which shall have been derived from the Company’s IFRS financial statements for the period ended on such date (or, if not derivable from such financial statements, shall be determined in good faith by the Company), but reduced by the amount of the federal income tax applicable thereto: