Convenience Creditor Consideration definition

Convenience Creditor Consideration means, in respect of a Convenience Creditor Claim, the lesser of (a) $15,000, and (b) the amount of the Proven Claim of such Convenience Creditor;
Convenience Creditor Consideration has the meaning ascribed to it in section 3.04 hereof;

Examples of Convenience Creditor Consideration in a sentence

  • On the Proposal Implementation Date, in exchange for the release of each Released Claim, a Convenience Creditor shall receive its Convenience Creditor Consideration.

Related to Convenience Creditor Consideration

  • Convenience Claim means a Claim that would otherwise be an Other Unsecured Claim that is

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party).

  • Total Consideration shall have the meaning as set forth in Section 2.8.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Aggregate Consideration has the meaning set forth in Section 11.6(C).

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Designated Noncash Consideration means the fair market value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Noncash Consideration pursuant to an Officers' Certificate, setting forth the basis of such valuation, executed by the principal executive officer and the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a sale of such Designated Noncash Consideration.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Non-Cash Consideration means consideration in a form other than cash.