OCD Reversions definition

OCD Reversions means such amounts as may from time to time be released from the settlement accounts in respect of OC Asbestos Personal Injury Claims to facilitate claims processing under the NSP and returned to OCD.
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OCD Reversions means such amounts as may from time to time be delivered from the NSP Administrative Deposit Accounts in respect of OC Asbestos Personal Injury Claims and returned to OCD in accordance with an order of a court of competent jurisdiction, settlement among the parties, or otherwise; provided, however, that in the event Class A5 accepts the Plan, no amounts shall be delivered from the NSP Administrative Deposit Accounts to OCD in respect of OC Asbestos Personal Injury Claims after the Effective Date.]
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OCD Reversions means such amounts as may from time to time be delivered from the NSP Administrative Deposit Accounts in respect of OC Asbestos Personal Injury Claims and returned to OCD in accordance with an order of a court of competent jurisdiction, settlement among the parties, or otherwise.
Sample 1

Examples of OCD Reversions in a sentence

  • No change or modification of this lease shall be valid unless made in writing between the parties.

  • OCD Reversions that are Cash as of the Effective Date are included as Available Cash to be distributed to creditors of OCD on the Initial Distribution Date under the Plan.

  • The Court shall have estimated the amounts in the NSP Administrative Deposit Accounts in respect of OC Asbestos Personal Injury Claims less any OCD Reversions, to the extent necessary in order to determine the Class A7 Aggregate Amount.

  • OCD Reversions are such amounts as may from time to time be released from the settlement accounts in respect of OC Asbestos Personal Injury Claims and returned to OCD.

  • Similarly, any such funds which are determined to constitute OCD Reversions after the Effective Date shall be included as Excess Available Cash to be distributed to creditors of OCD on the Final Distribution Date under the Plan.

  • If released to OCD so that it would be shown as cash or cash equivalents on a consolidated balance sheet of OC as of the last day of the month prior to the month in which the Effective Date occurs, such OCD Reversions would become Available Cash.


More Definitions of OCD Reversions

OCD Reversions means such amounts as may from time to time be delivered from the NSP Administrative Deposit Accounts in respect of OC Asbestos
Sample 1

Related to OCD Reversions

  • Pesticide means any substance or mixture of substances intended for preventing, destroying, repelling, or mitigating any pest, or intended for use as a plant regulator, defoliant, or desiccant, other than any article that:

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.

  • Health screening means the use of one or more diagnostic tools to test a person for the presence or precursors of a particular disease.

  • Major Countries means Canada, France, Germany, Italy, Japan, Spain, United Kingdom and the United States.

  • Minimum Improvements means devoting the Development Property to its intended Use and construction of approximately a square foot parking facility for use as parking for the Developer as identified and set forth in Exhibit C and constructed in accordance with the Construction Plans submitted to and approved by the Authority. After completion of the Minimum Improvements, the term shall mean the Development Property as improved by the Minimum Improvements.

  • Cosmetic Surgery means any Surgery, service, Drug or supply designed to improve the appearance of an individual by alteration of a physical characteristic which is within the broad range of normal but which may be considered unpleasing or unsightly, except when necessitated by an Injury.