Net Available Fair Fund definition
Examples of Net Available Fair Fund in a sentence
Without limiting the generality of the foregoing, no portion of the source code for any software currently used by any of the Acquired Corporations as a material part of any Company Product has been disclosed to any Person.
If the Net Available Fair Fund has funds in excess of that necessary to pay all Eligible Claimants Distribution Payments equal to their Recognized Losses, the Distribution Agent, in consultation with the SEC staff, may award Reasonable Interest.
The Distribution Agent shall determine each Eligible Claimant’s Pro Rata Share of the Fair Fund based upon each Eligible Claimant’s Recognized Claim divided by the total of Recognized Claims of all Eligible Claimants, multiplied by the total amount in the Net Available Fair Fund.
Should the sum of Recognized Claims of all Eligible Claimants exceed the Net Available Fair Fund, the Distribution Agent will distribute funds to the Eligible Claimants based upon a pro-rata distribution formula.
The Distribution Agent shall determine the Pro Rata by dividing the total of all Recognized Claims of all Eligible Claimants by the total amount in the Net Available Fair Fund.