Plan Currency definition

Plan Currency means the mixture of Cash, New Second Lien Loans, and New HoldCo Common Shares to be distributed to holders of Allowed Claims pursuant to the Plan.
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Plan Currency means the currency of your Plan.
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Plan Currency means the currency specified as Plan Currency in Policy Schedule 1.
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Examples of Plan Currency in a sentence

  • If left blank, Generali International will issue as many Policies as possible, up to a maximum of 20.Please enter the number of Policies you require: Plan CurrencyPlease indicate the currency in which you require your Plan to be denominated.US dollar n GB pound n Euro n HK dollar n Japanese yen n Swedish krona nBenefits will be calculated and charges deducted in the Plan Currency.

  • If any Asset is valued in a currency other than the Plan Currency, its value will be converted into the Plan Currency at a rate determined by Metis, in accordance with those commercially available in the market.

  • Any Plan Currency reserved and held for the benefit of a holder of a Disputed Claim shall be treated as a payment and reduction on account of such Disputed Claim for purposes of computing any additional amounts to be paid in Cash or distributed in other Plan Currency in the event the Disputed Claim ultimately becomes an Allowed Claim.

  • Without limiting the foregoing, the Common Equity Trust Agreement shall provide that, to the extent that the Common Equity Trust receives distributions of Plan Currency and Trust Interests under this Plan, it will redistribute such Plan Currency and Trust Interests to the holders to the Common Equity Trust Interests, but in no event will any holder of Common Equity Trust Interests receive a distribution of Exchanged Enron Common Stock.

  • To the extent provided in section 1145 of the Bankruptcy Code and under applicable nonbankruptcy law, the issuance under the Plan of the Plan Currency will be exempt from registration under the Securities Act and all rules and regulations promulgated thereunder.

  • The balance of any Cash previously reserved shall be included in Plan Cash and the balance of any Plan Currency previously reserved shall be included in future calculations of Plan Currency to holders of Allowed Claims in accordance with the terms and provisions of the Plan.

  • There may be further dealing restrictions on Structured Products or Commodity which will be notified to you by Metis from time to time.If any Asset is valued in a currency other than the Plan Currency, its value will be converted into the Plan Currency at a rate determined by Metis, in accordance with those commercially available in the market.

  • In the event that a Disputed Claim is not Allowed, in whole or in part, the holders of Allowed Claims in the same Class as the holder of the Claim that is not Allowed shall receive their Pro Rata Share of any Plan Currency reserved on account of the Claim that is not Allowed.

  • The Plan Currency will be distributed to holders of Allowed Claims.

  • The balance of any Cash previously reserved shall be included in Creditor Cash and the balance of any Plan Currency and Trust Interests previously reserved shall be included in future calculations of Plan Currency and Trust Interests , respectively, to holders of Allowed Claims and, to the extent determined to be distributable to holders of Allowed Equity Interests in accordance with the terms and provisions of the Plan, holders of Allowed Equity Interests.


More Definitions of Plan Currency

Plan Currency as defined in the Plan of Reorganization.
Sample 1
Plan Currency means the mixture of Cash, New Senior Secured Debt, and New CIC Shares to be distributed to holders of Allowed Claims pursuant to the Plan.
Sample 1
Plan Currency means the mixture of Plan Cash, Lender Cash, Second Lien Term Loan Interests, New Common Stock, Warrants (if any), and Litigation Trust Interests to be distributed to holders of Allowed Claims pursuant to the Plan.
Sample 1
Plan Currency means the mixture of Plan Cash, Lender Cash, New Term Notes, New Common Stock, Warrants, Producer Preferred Distribution Rights, and Litigation Trust Interests to be distributed to holders of Allowed Claims pursuant to the Plan.
Sample 1

Related to Plan Currency

  • Termination Currency means United States Dollars.

  • Denomination Currency has the meaning specified in Section 14(b).

  • First Currency has the meaning specified in Section 1.15.

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Eligible Currency means any currency other than Dollars (i) that is readily available, (ii) that is freely traded, (iii) in which deposits are customarily offered to banks in the London interbank market, (iv) that is convertible into Dollars in the international interbank market and (v) as to which a Dollar Equivalent Amount may be readily calculated. If, after the designation by the Revolving Credit Lenders of any currency as an Agreed Currency, (x) currency control or other exchange regulations are imposed in the country in which such currency is issued with the result that different types of such currency are introduced, (y) such currency is, in the reasonable determination of the Administrative Agent, no longer readily available or freely traded or (z) in the reasonable determination of the Administrative Agent, a Dollar Equivalent Amount of such currency is not readily calculable, the Administrative Agent shall promptly notify the Lenders and the Company, and such currency shall no longer be an Agreed Currency until such time as all of the Revolving Credit Lenders agree to reinstate such currency as an Agreed Currency and promptly, but in any event within five Business Days of receipt of such notice from the Administrative Agent, the Borrower shall repay all Loans in such affected currency or convert such Loans into Loans in Dollars or another Agreed Currency, subject to the other terms set forth in Article II.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Other Currency has the meaning specified in Section 1.15.

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • Foreign Currency means any currency other than the currency of Kenya;

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Currency means any currency or currencies, composite currency or currency unit or currency units, including, without limitation, the Euro, issued by the government of one or more countries or by any recognized confederation or association of such governments.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Settlement Currency means Pounds sterling ("GBP").

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Virtual currency means a digital representation of value used as a medium of exchange, unit of account, or store of value, which does not have legal tender status recognized by the United States. The term does not include:

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.