Waterfall Recovery definition
Waterfall Recovery means distributions under the Plan in accordance with the priorities set forth in Article IV.E.
Waterfall Recovery means the priority scheme governing distributions to applicable Holders of Allowed Claims and Interests, as set forth in Article IV.D of the Plan.
Waterfall Recovery means the priority of Claims to payments of Distributable Proceeds as set forth in Article VIII.F.
More Definitions of Waterfall Recovery
Waterfall Recovery means the priority distribution of the Sale Proceeds Recovery, which shall be allocated and paid to the Holders of Claims or Interests, as applicable, until paid in full from time to time in the following priority (in each case on a Pro Rata basis): (a) first, on account of Allowed Administrative Claims, DIP Claims, and Priority Tax Claims; (b) second, on account of Allowed Other Secured Claims solely to the extent of any Sale Proceeds Recovery allocated to the collateral securing such Allowed Other Secured Claims; (c) third, on account of Allowed Other Priority Claims; (d) fourth, to fund the Wind Down Amount and the Initial Litigation Trust Cash Amount; (e) fifth, on account of Allowed Prepetition Revolving Credit Facility Secured Claims solely to the extent of
Waterfall Recovery means, in the case of an Entire Company Asset Sale, the priority of Claims to be paid from Distributable Proceeds as set forth in Article VIII.F.
Waterfall Recovery means the priority distribution of Distributable Proceeds, which shall be allocated and paid to the Holders of Claims or Interests, as applicable, until paid in full from time to time in the following priority (in each case on a Pro Rata basis):
Waterfall Recovery means the priority of distribution, which shall be allocated and paid to the Holders of Allowed Claims or Interests, as applicable, until paid in full from time to time in the following priority (in each case on a Pro Rata basis): (a) first, on account of Allowed Other Secured Claims solely to the extent of the value of each Holder’s interests in the collateral securing such Allowed Other Secured Claims (including any Sale Proceeds Recovery to which liens securing such Allowed Other Secured Claims attached pursuant to the Sale Orders);
Waterfall Recovery means the priority by which Distributable Proceeds shall be allocated and paid to the Holders of Claims, other than Allowed Professional Fee Claims, as applicable, until such Claims are paid in full, in each case, on a Pro Rata basis, except as otherwise agreed to by such Holders of Claims, as follows, and subject in all respects to Article III.C hereof: (a) Allowed Administrative Claims and Allowed Priority Tax Claims; (b) Allowed Other Secured Claims; (c) Allowed Other Priority Claims; and (d) Allowed Term Loan Deficiency Claims and Allowed General Unsecured Claims, in each case that are not assumed by the Purchaser pursuant to the Asset Purchase Agreement.