GUC Oversight Administrator definition
Examples of GUC Oversight Administrator in a sentence
Each class will participate in at least two field trips each year.
The Reorganized Debtors shall, in consultation with the GUC Oversight Administrator, be authorized to cause partial distributions to be made on account of Allowed Unsecured Claims before all Unsecured Claims are Allowed.
The GUC Oversight Administrator may employ, without further order of the Bankruptcy Court, professionals to assist in carrying out the duties as limited above, including any professionals retained in these Chapter 11 Cases, and the GUC Oversight Administrator Costs, including reasonable professional fees, shall be reimbursed by the Reorganized Debtors.
Should the Artist be required to work additional days numbering more than ...................................
In no event shall the aggregate amounts placed into the GUC Oversight Administrator Reserve exceed $1,000,000 without approval of the Bankruptcy Court, on notice to all creditors.
The Reorganized Debtors shall notify and consult with the GUC Oversight Administrator prior to entering into any settlement or compromise of any Disputed General Unsecured Claim with respect to which the Allowed amount of such Disputed General Unsecured Claim will be equal to or greater than $1,500,000 (collectively, the “Oversight Claims”).
With respect to Holders of General Unsecured Claims, the Distribution Agent, in consultation with the GUC Oversight Administrator, may make partial distributions on account of Allowed General Unsecured Claims before all General Unsecured Claims are Allowed to account for the future Allowance of Disputed General Unsecured Claims.
The GUC Oversight Administrator may make partial distributions on account of Allowed General Unsecured Claims before all General Unsecured Claims are Allowed to account for the future Allowance of Disputed General Unsecured Claims.
To the extent Allowed General Unsecured Claims against the Debtors are less than $547,000,000.00 such that the Pro Rata distribution of the General Unsecured Recovery Cash Pool Amount, after accounting for the application of insurance coverage, would result in a more than eighty-two (82%) percent recovery to Holders of Allowed General Unsecured Claims, the GUC Oversight Administrator shall return any excess amount in the General Unsecured Recovery Cash Pool Account to the Reorganized Debtors.
Further, the GUC Oversight Administrator may make partial payments with respect to any undisputed portion of a Disputed Claim as provided in this paragraph.