GUC Cash Pool definition

GUC Cash Pool means $1.5 million in Cash.

GUC Cash Pool means Cash in an amount not to exceed $3,750,000.

GUC Cash Pool means Cash in the aggregate amount of $15,000,000 for the purposes of making distributions to Holders of Allowed Class 4 General Unsecured Claims, which shall consist of (i) $14,500,000 contributed by the Debtor and (ii) $500,000 contributed directly from NCMI, pursuant to which NCMI will not receive any New NCM Common Units associated with such contribution.

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.

• 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.

• The GUC Cash Pool shall be utilized or distributed at the discretion of the Litigation Trustee, subject to the terms of the Litigation Trust.

• 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 in an amount equal to 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 ArticleIX.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, or any other amount in Cash as determined by the Requisite Consenting Second Lien Creditors, the Requisite Commitment Parties and the Debtors prior to the entry of an order approving the Disclosure Statement.

GUC Cash Pool means an amount of Cash, to be determined by the Required Consenting Revolver Lenders, sufficient to provide holders of Allowed General Unsecured Claims a recovery of 2 percent on account of such Claims; provided that (a) if Class 6 votes to accept the Plan and Class 3 votes to accept the Plan, there shall be no Allowed General Unsecured Claims on account of deficiency claims arising on account of the Revolving Credit Facility Claims and Secured Swap Claims and any such deficiency claims shall be deemed to be satisfied by the distribution to holders of Allowed Class 3 Claims; (b) if Class 6 votes to accept the Plan and if Class 4 votes to accept the Plan, there shall be no Allowed General Unsecured Claims on account of deficiency claims arising on account of the Term Loan Claims and any such deficiency claims shall be deemed to be satisfied by the distribution to holders of Allowed Class 4 Claims; and (c) if Class 6 votes to accept the Plan and if Class 5 votes to accept the Plan, there shall be no Allowed General Unsecured Claims on account of deficiency claims arising on account of the Senior Notes Claims and any such deficiency claims shall be deemed to be satisfied by the distribution to holders of Allowed Class 5 Claims.