Allocated Value definition

Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

Allocated Value is defined in Section 3.2.

Allocated Value shall have the meaning set forth in Section 3.7.

Examples of Allocated Value in a sentence

• In the case of condemnation or eminent domain, the Parties shall work together in good faith to reduce the Purchase Price by an amount equal to the Allocated Value (or applicable portion thereof) of the Assets (or portion thereof) taken in condemnation or under right of eminent domain.

• The aggregate amount to be deducted from the Purchase Price at the Closing as determined by the Parties on account of Title Defects, Environmental Defects and Casualty Losses, and the Allocated Value of the Assets (or portion thereof) to be excluded on account of preferential purchase rights and consents shall not exceed twenty percent (20%) of the Purchase Price.

• The aggregated Title Defect Value(s) for any Asset shall never exceed the Allocated Value of such Asset.

• In no event shall Buyer’s remedy for any Seller’s breach of its obligations under this Article XIII exceed the Allocated Value of the Assets affected by such breach.

• The consideration payable under this Agreement for any particular Asset for purposes of preferential purchase right notices shall be the Allocated Value for such Asset, adjusted as set forth herein.

More Definitions of Allocated Value

Allocated Value has the meaning set forth in Section 2.5.

Allocated Value shall have the meaning given that term in Section 3.03.

Allocated Value as defined in Section 4.04(c)(ii).

Allocated Value means, with respect to each Property, a portion of the Purchase Price attributable to such Property as set forth on Exhibit “A”.

Allocated Value means, with respect to any Asset, the amount allocated to that Asset under Section 11.01.

Allocated Value with respect to any Asset, shall mean the amount set forth on Schedule 3.8 for such Asset.

Allocated Value has the meaning assigned to it in Section 3.3(a).