Cash Out Payment definition

Cash Out Payment means the Pro Rata share of the value of Plan Equity Value to be paid to each Noteholder in Subclass 5(b) in either (i) Cash upon emergence if Subclass 5(b) votes to accept this Plan, or (ii) New Secured Notes if Subclass 5(b) votes to reject this Plan.
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Cash Out Payment means $2,987,346.33.
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Cash Out Payment means a one-time Cash payment to each Holder of a Construction
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Examples of Cash Out Payment in a sentence

  • With respect to any Company Option that is not otherwise terminable upon the delivery of the Option Cash Out Payment, the Company Option shall remain outstanding, provided that the shares subject to the Company Option shall be shares of the Surviving Corporation.

  • The portion of the Aggregate Option Cash Out Payment payable pursuant to the Consideration Waterfall at the time of Closing is referred to as the “Closing Option Cash Out Payment”.

  • In the event that a Company Securityholder returns his, her or its duly completed and validly executed Letter of Transmittal to the Paying Agent at least three Business Days prior to the Closing Date, the Paying Agent shall deliver the applicable portions of the Cash Payment Fund and the Cash Out Payment on the date of the Effective Time to such Company Securityholder.

  • The value of the Cash Out Payment will be determined based on the Company Employee’s base salary as in effect at the Effective Time.

  • The Cash Portion of the Per Share Closing Merger Consideration payable with respect to each share of the Common Stock hereunder shall be reduced by (x) the aggregate amount of the Option/Warrant Closing Cash Out Payment, the Option Escrow Cash Out Payments and the Warrant Escrow Cash Out Payments divided by (y) the number of issued and outstanding shares of Common Stock immediately prior to the Effective Time.


More Definitions of Cash Out Payment

Cash Out Payment means the benefit described in Sections 6 and 7.4.
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