GUC Budget Excess definition
GUC Budget Excess means an amount, as of the Effective Date, after accounting for any amounts reserved for Claims, equal to fifty percent (50%) of any unused portion of the following line items set forth in the Approved Budget: (i) the REC Budget Line Item; (ii) the Sales Tax Budget Line Item; and (iii) Priority Claims Budget Line Item; and after the Effective Date, inclusive of fifty percent (50%) of any funds reserved from the foregoing budget line items in the event they are not used to pay Claims provided, however, that the GUC Budget Excess shall not exceed $1.5 million in the aggregate.
GUC Budget Excess means an amount, as of the Effective Date, after accounting for any amounts reserved for Claims, equal to fifty percent (50%) of any unused portion of the following line items set forth in the Approved Budget: (i) the REC Budget Line
GUC Budget Excess means an amount, as of the Effective Date, equal to fifty percent (50%) of any unused portion of the following line items set forth in the Approved Budget dated April [], 2020 [Docket No []: (i) the $1,623,686 line item for payment of renewable energy certificates or alternative compliance payments; (ii) the $2.5 million line item for payment of sales taxes; and (iii) the $750,000 line item for payment of priority claims; provided, however, that the GUC Budget Excess shall not exceed $1.5 million in the aggregate.