Examples of Remaining Cash in a sentence
Also upon the Effective Date, all remaining undrawn amounts under the DIP Financing shall be drawn by the Debtor, and such amounts shall be included in the Consideration as Remaining Cash.
The Plan Sponsor will pay the Consideration to the Distribution Trust or the Debtor on the Effective Date, and such amounts (together with the Remaining Cash) will be distributed in accordance with the Plan.
The fees and expenses of professionals retained by the Plan Administrator and the Oversight Committee on and after the Effective Date, shall be paid by the Plan Administrator from Remaining Cash and Net Proceeds upon receipt of invoice(s) therefor, or on such other terms as the Plan Administrator and the applicable professional may agree to, without the need for further Court authorization, but subject to the approval of the Oversight Committee, which approval shall not unreasonably be withheld.
Unless the holder of an Allowed Administrative Claim agrees to less favorable treatment, each holder of an Allowed Administrative Claim, in full and final satisfaction release and settlement of such Allowed Claim, shall receive payment in Cash from the Remaining Cash in an amount equal to such Allowed Administrative Claim on or as soon as reasonably practicable after the later of (i) the Effective Date; or (ii) the date on which such Claim becomes Allowed or otherwise payable.
After the payment in full of all Allowed Administrative Claims, Allowed Professional Fee Claims, Allowed Priority Tax Claims, Allowed Priority Non-Tax Claims, and Allowed Secured Claims, the Remaining Cash not otherwise allocated to the payment of costs of the Liquidation Trust, including without limitation any remaining cash held in the Liquidating Trust Expense Reserve, shall be distributed to the holders of Allowed General Unsecured Claims.