Effective Date Payment definition

Effective Date Payment means the payment from the Exit Facility and Premier Funds, or the proceeds of the sale of the Debtors’ real property if the Debtors are unable to timely close on the Exit Facility pursuant to the Plan, to pay claims as set forth in Article III of the Plan.
Sample 1Sample 2Sample 3
Effective Date Payment has the meaning described in Section 5.2(a).
Sample 1Sample 2
Effective Date Payment means an amount equal to the Effective Date Cash minus the Administrative Holdback, Effective Date Holdback, and Off-season Holdback.
Sample 1Sample 2

Examples of Effective Date Payment in a sentence

  • Effective Date: Payment amounts for HCPCS codes U0003 and U0004 will be changed to $75 on January 1, 2021.

  • Class 4 Claims shall be paid in full on the Effective Date from the Effective Date Payment.

  • With respect to the portion of the Effective Date Payment to be funded by the Premier Funds, no later than ten (10) business days prior to the anticipated Effective Date, the Debtors shall provide Premier with an accounting of all amounts the Debtors believe must be paid from such funds.

  • Each holder of an Allowed General Unsecured Claim shall receive payment in full on account of such claim on the Effective Date from the Effective Date Payment.

  • Allowed Priority (Non-Tax) Claims shall be paid in full on the Effective Date, or as soon thereafter as is reasonably practicable, from the Effective Date Payment.


More Definitions of Effective Date Payment

Effective Date Payment means the payment from the Premier Funds to pay Allowed Secured Claims (other than the Prepetition Lender’s Secured Claim), Allowed Administrative Expenses, Allowed priority claims, and Allowed General Unsecured Claims.
Sample 1Sample 2
Effective Date Payment has the meaning set forth in Section 3.1(a).
Sample 1Sample 2
Effective Date Payment means the payment from the funds made available under the Exit Facility to pay the obligations to the DIP Lender, Administrative Expenses, any priority claims, and an initial fifty (50%) percent distribution to General Unsecured Creditors on Allowed General Unsecured Claims.
Sample 1Sample 2
Effective Date Payment means the payment of thirteen million Dollars ---------------------- ($13,000,000) Cash by the Guarantors on the effective date of the Plan, in respect of the Guaranteed Obligations.
Sample 1
Effective Date Payment is defined in Section 3.10.1.
Sample 1
Effective Date Payment means the payment no later than May 15, 2019 from the Exit Facility and Premier Funds to pay claims as set forth in Article III of the Plan.
Sample 1
Effective Date Payment means eight hundred million dollars ($800,000,000) plus, (x) the Estimated Accrued Interest Amount less (y) the Estimated Principal and Interest Amount.
Sample 1