Carveout definition

Carveout has the meaning specified in the Financing Order.
Carveout means unpaid amounts payable pursuant to 28 U.S.C. § 1930(a)(6) and fees payable to the clerk of the Court; and Administrative Expenses for fees and expenses of attorneys and financial advisors employed by Debtors and the Committee (including allowed expenses of the members of such statutory committees) pursuant to Sections 327 and 1103 of the Bankruptcy Code (i) which were provided for in the Budget and incurred prior to an Event of Default but not yet paid; and (ii) an aggregate amount not to exceed $300,000 for reasonable fees and expenses incurred following a Postpetition Event of Default; but specifically excluding any success, completion or similar fees. The Carveout shall exclude any fees and expenses incurred in connection with the assertion or joinder in any claim, counterclaim, action, proceeding, application, motion, objection, defenses or other contested matter, the purpose of which is to seek any order, judgment, determination or similar relief invalidating, setting aside, avoiding, subordinating, or otherwise adversely affecting CoBank’s claims against the Estates (including the Prepetition Indebtedness, the Postpetition Indebtedness, and CoBank’s liens on the Collateral) each a Challenge (as defined herein).
Carveout means a method for computing a replace- ment housing, business or farm operation payment that is applied

Examples of Carveout in a sentence

  • To: [insert counterparty] For the attention of: [insert recipient] Dear Sirs, US Carve-out shareholding arrangements deed between [Note: to list all carve-out shareholders] and Cable & Wireless Communications, Inc.

  • The Carveout Obligor shall cooperate fully with any investigative audit required to permit the accounting firm to produce these items, and the Carveout Obligor shall pay the fees and expenses incurred in connection with their preparation on demand.

  • The Carveout Obligor waives all rights and exemptions under homestead and similar laws.

  • The Carveout Obligor disclaims any status as beneficiary of any obligation of the Lender to the Borrower to provide notice of default under the Loan Documents.

  • This Agreement contains the entire agreement of the Carveout Obligor relating to the subject matter hereof, and all prior guaranties relative hereto which are not contained herein are hereby terminated.


More Definitions of Carveout

Carveout means unpaid Administrative Expenses (a) payable pursuant to 28 U.S.C. §
Carveout has the meaning set forth in the Interim Order or the Final Order, as applicable.
Carveout shall have the meaning set forth in the U.S. Bankruptcy Court's Order approving the Icahn DIP Facility.
Carveout means a carveout from the Administrative Agent’s pre-petition and post-petition claims (whether secured or unsecured), including its Superpriority Claim, for unpaid Administrative Expenses (a) payable pursuant to 28 U.S.C. § 1930(a)(6) and fees payable to the clerk of the Court; and (b) fees and expenses of attorneys and financial advisors employed by the Debtors and the Committee (including allowed expenses of the members of such statutory committees) pursuant to sections 327 and 1103 of the Bankruptcy Code (i) which were provided for in the Budget and incurred prior to an Event of Default but not yet paid; and (ii) an aggregate amount not to exceed $300,000 for reasonable fees and expenses incurred following a Post-Petition Event of Default; but specifically excluding any success, completion or similar fees. The Carveout shall exclude any fees and expenses incurred in connection with the assertion or joinder in any claim, counterclaim, action, proceeding, application, motion, objection, defenses or other contested matter, the purpose of which is to seek any order, judgment, determination or similar relief invalidating, setting aside, avoiding, subordinating, or otherwise adversely affecting Administrative Agent’s claims against the bankruptcy estate of the debtors-in-possession in the Bankruptcy Cases (including the Pre-Petition Indebtedness, the Post-Petition Indebtedness, and the Administrative Agent’s liens on the Collateral).
Carveout shall have the meaning ascribed thereto Section 13.1(b).
Carveout means a method for computing a replace- ment housing, business or farm operation payment that is applied to separate the value of a portion of a property acquired, or a com- parable selected.
Carveout means (i) the real estate asset located at 2500 State Road 44, Oshkosh, WI 54904 and (ii) the rights to the trademarks set forth in Section 6.14 of the Disclosure Schedules.