Preference Amount definition

Preference Amount means any amount previously distributed to an Owner on the Obligations that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.
Preference Amount. As defined in the Policy.
Preference Amount. Any amount previously distributed to an Owner on the Notes that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.

Examples of Preference Amount in a sentence

  • Funds shall also be withdrawn from the Spread Account by the Indenture Trustee, as directed by the Insurer to reimburse the Insurer for draws with respect to any Preference Amount.

  • Whole Amount” for each MRP Share means, with respect to any MRP Share, an amount equal to the excess, if any, of the Discounted Value of the Remaining Scheduled Payments with respect to the MRP Liquidation Preference Amount of such MRP Share over the amount of such MRP Liquidation Preference Amount, provided that the Make-Whole Amount may in no event be less than zero.

  • Bidder:ABCResponsive/ResponsibleYesYesYesNet Bid Price$8100$8150$8300Eligible SB/MB Preference (5%)NoneSBSBSB/MB Preference Amount $405$405Subtotal$8100$7745$7895Initial Rank312Eligible DVBE Incentive3%3%5%Eligible Incentive amount$243$243$405Evaluated Bid Price$7857$7502$7490Final Rank321Results: Following the application of the SB preference, the lowest responsive, responsiblebidder is a certified SB, Bidder B.

  • Any funds (other than funds deposited therein in respect of a Preference Amount payable under the FSA Policy) remaining in the FSA Account on the first Business Day after each Distribution Date shall be remitted promptly to FSA pursuant to the written instruction of FSA.

  • Bidder:ABCResponsive/ResponsibleYesYesYesNet Bid Price$8100$8150$8300Eligible SB/MB Preference (5%)NoneSBSBSB/MB Preference Amount $405$405Subtotal$8100$7745$7895Initial Rank312Eligible DVBE Incentive3%3%5%Eligible Incentive amount$243$243$405Evaluated Bid Price$7857$7502$7490Final Rank321Results: Following the application of the SB preference, the lowest responsive, responsible bidder is a certified SB, Bidder B.


More Definitions of Preference Amount

Preference Amount. Any amount previously distributed to a Class A Certificateholder that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.
Preference Amount means any amount previously paid by Hertz pursuant to the Series 2013-B Demand Note and distributed to the Series 2013-B Noteholders in respect of amounts owing under the Series 2013-B Notes that is recoverable or that has been recovered (and not subsequently repaid) as a voidable preference by the trustee in a bankruptcy proceeding of Hertz pursuant to the Bankruptcy Code in accordance with a final nonappealable order of a court having competent jurisdiction.
Preference Amount. Not applicable.
Preference Amount means any amount previously distributed to a Holder in respect of the Notes that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy with respect to Onyx, the Seller or the Trust pursuant to the United Stated Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.
Preference Amount means any amount previously distributed to a Holder that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the Bankruptcy Code in accordance with a final non-appealable order of a court having competent jurisdiction.
Preference Amount means any payment of principal or interest previously distributed to a Holder on a Guaranteed Certificate, which would have been covered under the Policy as an Insured Amount, which has been deemed a preferential transfer and was previously recovered from its owner pursuant to the United States Bankruptcy Code in accordance with a final, non-appealable order a court of competent jurisdiction.
Preference Amount. Any amount previously distributed to the holder of an Insured Security that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.