Examples of Retained Proceeds in a sentence
On each Distribution Date or as soon thereafter as is reasonably practicable, the Liquidating Trustee shall make pro-rata Distributions to the holders of Allowed Class 6 Claims of any available Liquidation Proceeds less Retained Proceeds that remain in the Liquidating Trust (after the payment and satisfaction of any remaining unpaid Allowed Claims in Classes 1, 2, 3, 4 or 5), until the date on which all Allowed Class 6 Claims have been paid in full.
Adopted regulations 55.2 The provisions that the Board may adopt by regulation under sections 55 and 55.1 may vary according to the categories or classes of sports, of sports events, of sports centres, of equipment, of persons and of Alpine ski centres determined by the regulation.APPENDIX E EXAMPLES OF SKI AREA OPERATORS' STATUTORY DUTIES UNDER U.S. LEGISLATION Colorado 33-44-104.
Without limiting the generality of the foregoing, the Liquidating Agent shall be authorized to make Distributions from the Retained Proceeds to pay the fees and expenses of any professional persons retained by the Liquidating Agent and/or the Debtors.
The Liquidating Agent’s compensation and expenses shall be reimbursed and/or paid out of the Retained Proceeds and such compensation and expenses may be paid without the necessity of providing notice to any party in interest or obtaining any approval from the Bankruptcy Court.
The Liquidating Agent may, from time to time, cause the Debtors to invest the Liquidation Proceeds and Retained Proceeds in certificates of deposit, treasury bills, money market accounts or other short term investments.