Holdback Amount has the meaning set forth in Section 2.06(a).
Holdback Amount has the meaning set forth in Section 2.3(d) hereof.
Holdback Amount means the amounts withheld by the Debtors as of the Confirmation Date as a holdback on payment of Professional Claims pursuant to the Professional Fee Order.
Examples of Holdback Amount in a sentence
Neither the Holdback Amount, nor any beneficial interest therein, may be pledged, subjected to any encumbrance, sold, assigned or transferred by any Seller, Buyer or Parent or be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of any Person in each case prior to the distribution of the Holdback Amount pursuant to this Section 2.06.
The Sellers will not receive interest or any other earnings on the Holdback Amount.
More Definitions of Holdback Amount
Holdback Amount shall have the meaning set forth in Section 2.6(b).
Holdback Amount means the aggregate holdback of those Professional fees billed to the Debtors during the Chapter 11 Cases that are held back pursuant to the Professional Fee Order or any other order of the Bankruptcy Court, which amount is to be deposited in the Holdback Escrow Account as of the Effective Date. The Holdback Amount shall not be considered property of the Debtors or the Reorganized Debtors. When all Professional Fee Claims have been paid, amounts remaining in the Holdback Escrow Account, if any, shall be paid to the Reorganized Debtors.
Holdback Amount. With respect to any Holdback Mortgage Loan, any portion of the indebtedness evidenced by the related Mortgage Note that is not disbursed to the related Mortgagor, and is held in a custodial account established by the Servicer for the benefit of the Trustee, as identified on Schedule I-E attached hereto.
Holdback Amount has the meaning set forth in Section 11.5.
Holdback Amount means $2,000,000.
Holdback Amount shall have the meaning set forth in Section 3.7.
Holdback Amount means $500,000.