Released Portion definition

Released Portion means the total value of the Scheme Consideration expressed as a percentage of the total value of Admitted Claims as at the later of: (a) 5pm on 3 August 2020; or (b) the date on which all Undetermined Provable Claims are finally adjudicated upon;
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Released Portion shall have the meaning set forth in Section 4.3(b) hereof.
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Released Portion has the meaning set forth in Section 3.1. ---------------- "Remainder of the Month" has the meaning set forth in Section 10.3(b). ---------------------- "Representatives" has the meaning set forth in Section 6.1(b). ---------------
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Examples of Released Portion in a sentence

  • At any time following such date, upon final resolution of any Unresolved Claim and to the extent that it is finally determined that no Purchaser Indemnitee is entitled to any portion of the corresponding Reserved Loss (such portion, the “Released Portion”), the Purchaser shall, within five (5) Business Days following such final resolution, release to the Seller, from the Indemnity Withheld Amount, an amount equal to the lesser of (A) the remaining Indemnity Withheld Amount, and (B) the Released Portion.

  • Upon the Partial Release of Property, the Release Price of such Released Portion shall no longer be included in the calculation of Borrowing Base Availability as set forth under Section 2.1 hereof and Borrowing Base Availability shall be calculated based on the Release Price of the remaining Property.

  • No Partial Release shall, in any way, impair or affect the lien or priority of the Deed of Trust with respect to any portion of the Property other than the Released Portion, or improve the position of any subordinate lienholder with respect thereto.

  • The Deed of Trust shall continue as a lien and security interest on the portion of the Property other than the Released Portion.

  • Borrower may request and Lender may consider a substitution of real property collateral for the Released Portion of the Property.

  • The Released Portion shall be credited against the Purchase Price at Closing but is hereby deemed earned by Seller and shall be non-refundable to Purchaser for any reason whatsoever except in the event of a default by Seller of Seller’s obligations to close the sale or a failure of a condition to Purchaser’s obligation to close the sale.

  • It is the express agreement of the parties hereto that on and after the execution and delivery of this First Amendment, the Released Portion shall (a) no longer be part and parcel of the Streets and (b) be released from any and all of the terms, covenants and restrictions set forth in the Private Streets Agreement.

  • Upon receipt of a Release Certificate in respect of all or part of the Escrowed Redemption Amount (the "RELEASED PORTION"), the Escrow Agent shall pay from the Escrowed Funds as directed in the Release Certificate an amount equal to the Released Portion plus the Earnings thereon less any Losses thereon.

  • The Corporation agrees that upon the approval for recording of the plat for the subdivision of each tract of Project Facilities Real Property, the Corporation will release from the provisions of this Base Lease the applicable Released Portion of the Project Facilities Real Property.

  • The Released Portion of the Deposit shall be non-refundable to Buyer, except in the event the Purchase Agreement is terminated due to a default by Seller, at which time the full amount (i.e., $200,000) of the Released Portion of the Deposit shall be returned to Buyer from Seller and Seller’s obligation to return the Released Portion of the Deposit shall survive the termination of this Agreement.


More Definitions of Released Portion

Released Portion has the meaning ascribed to it in Section 2.9(b).
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Released Portion as set forth in Section 9.7.2.
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Related to Released Portion

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Release Period means the period specified in paragraph 3(d) of the letter of consent.

  • Closed portion means that portion of a facility which an owner or operator has closed in accordance with the approved facility closure plan and all applicable closure requirements. (See also “active portion” and “inactive portion”.)

  • Release Amount means, for a Property, the following applicable amount together with any other amounts specified in Section 2.4.4:

  • Unused Portion has the meaning assigned to that term in Section 2.09(a).

  • Inactive portion means that portion of a facility which is not operated after November 19, 1980. See also "active portion" and "closed portion".

  • Release Price As defined in Section 4.5(a).

  • Active portion means that portion of a facility where treatment, storage, or disposal operations are being or have been conducted after May 19, 1980, and which is not a closed portion. (See also “closed portion” and “inactive portion.”)

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Forfeiture Event means the occurrence of at least one of the following (a) the Corporation is required, pursuant to a determination made by the Securities and Exchange Commission or by the Audit Committee of the Board, to prepare a material accounting restatement due to the noncompliance of the Corporation with any financial reporting requirement under applicable securities laws as a result of misconduct, and the Committee determines that (1) the Participant knowingly engaged in the misconduct, (2) the Participant was grossly negligent with respect to such misconduct or (3) the Participant knowingly or grossly negligently failed to prevent the misconduct or (b) the Committee concludes that the Participant engaged in fraud, embezzlement or other similar misconduct materially detrimental to the Corporation.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Life-threatening condition means any disease or condition from which the likelihood of death is probable unless the course of the disease or condition is interrupted.

  • Clean-Up Call Date The second Distribution Date immediately following the Auction Termination Date.

  • Employee Option means an Option granted pursuant to Section 5.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Severance Date means the date on which an Executive incurs a Severance, which shall be the date of termination as determined under Section 5.2.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Vesting Event means the earliest to occur of the following events:

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Applicable Portion means, with respect to any holder of shares of Preferred Stock, a number of shares of Preferred Stock calculated by multiplying the aggregate number of shares of Preferred Stock held by such holder immediately prior to a Qualified Financing by a fraction, the numerator of which is equal to the amount, if positive, by which such holder’s Pro Rata Amount exceeds the number of Offered Securities actually purchased by such holder in such Qualified Financing, and the denominator of which is equal to such holder’s Pro Rata Amount.