Examples of GUC Cash Pool in a sentence

The amount of Cash from the GUC Cash Pool that otherwise would have been distributed to any such holder of a General Unsecured Claim that elects to receive New Permian Corp.
Except to the extent a holder of an Allowed General Unsecured Claim and the Debtors or the Reorganized Debtors, as applicable, agree to less favorable treatment, each holder of an Allowed General Unsecured Claim shall receive, on the Initial Distribution Date and Final Distribution Date, as applicable, in full satisfaction of such Claim, its Pro Rata share of the GUC Cash Pool (such Pro Rata Share to be calculated taking into account any Claims in Class 6 that receive New Permian Corp.
The transfer of the GUC Cash Pool and the Litigation Trust Assets to the Litigation Trust shall be made, as provided herein, for the benefit of the Litigation Trust Beneficiaries.
Under no circumstances shall the Debtors or the Reorganized Debtors be required to contribute any of their respective assets to the Litigation Trust other than the GUC Cash Pool and the Litigation Trust Assets.
As soon as reasonably practicable after the Effective Date, the Reorganized Debtors will transfer the GUC Cash Pool, if any, to the Litigation Trust to fund its operations under the Plan and the Litigation Trust Agreement.

More Definitions of GUC Cash Pool

GUC Cash Pool means $2,550,000.00 of Cash.

GUC Cash Pool means Cash in the amount of $2.15 million, which shall be funded by the Debtors to the Liquidating Trust on or before the Effective Date.

GUC Cash Pool means Cash to be contributed by one or more of the Supporting Lenders to the GUC Cash Pool Account on the Effective Date in an amount equal to no more than the sum of (a) $500,000 to be allocated to fund distributions to the Holders of Allowed General Unsecured Claims against CARBO, and (b)(i) the lesser of (x) $1,500,000 and (y) such amount as is necessary to render all Allowed General Unsecured Claims against Asset Guard and StrataGen Unimpaired, or (ii) in the Supporting Lenders’ sole discretion, such higher amount as necessary to render all Allowed General Unsecured Claims against Asset Guard and StrataGen Unimpaired. At the DIP Lenders’ election, and in their sole discretion, all or a portion of the GUC Cash Pool may be funded with any unused Commitments (as defined in the DIP Credit Agreement) under the DIP Facility as of immediately prior to the Effective Date; provided that notwithstanding the foregoing, and for the avoidance of doubt, the funding in full of the GUC Cash Pool shall be the responsibility of the applicable Supporting Lenders and is a condition precedent to the occurrence of the Effective Date, as set forth in Article IX.B.10 hereof.

GUC Cash Pool means $1.52.57 million in Cash (or such lesseramount as may be determined by the Bankruptcy Court as set forth in the Confirmation Order).

GUC Cash Pool means an amount of (a) $900,000 to be distributed Pro Rata to holders of Allowed General Unsecured Claims who opt in to the releases in accordance with the Opt-In Procedures, minus (b) the reasonable and documented fees and expenses of the Plan Administrator.

GUC Cash Pool means $500,000 in Cash, which will be distributed to the Holders of Allowed General Unsecured Claims in accordance with Article III of the Plan if all of the GUC Cash Pool Conditions are met.

GUC Cash Pool means the cash to be distributed by the Liquidating Trustee to the Holders of Allowed Claims in Classes 5 and 6 in accordance with the Liquidating Trust Proceeds Waterfall. Class 1: Lender Claims Holders of Lender Claims will receive their pro rata share of each of (a) the newly issued equity interests in Reorganized Patriot National, Inc. (“New PNI Equity”) and each of the Reorganized Subsidiary Debtors in accordance with an Equity Purchase Agreement,6 (b) the New Term Loan Facility, and (c) distributions made by the Liquidating Trustee in accordance with the Liquidating Trust Proceeds Waterfall.