Disputed Claims Reserve Amount definition

Disputed Claims Reserve Amount means the amount of assets determined by EME, the Committee, and the Supporting Noteholders that would likely have been distributed to the Holders of all applicable Disputed Claims against EME as if such Disputed Claims against EME had been Allowed Claims against EME on the Effective Date, with the amount of such Allowed Claims to be determined, solely for the purposes of establishing reserves and for maximum distribution purposes, to be (a) the lesser of (i) the asserted amount of each Disputed Claim against EME as scheduled by EME or, if and solely to the extent a non-duplicative Proof of Claim was filed in an asserted amount greater than the scheduled amount, the asserted amount filed with the Bankruptcy Court as set forth in such non-duplicative Proof of Claim or as provided by the parties to EME as further information with respect to the Proof of Claim, and (ii) the amount, if any, estimated by the Bankruptcy Court pursuant to section 502(c) of the Bankruptcy Code or ordered by other order of the Bankruptcy Court, or (b) the amount otherwise agreed to by EME, the Committee, the Supporting Noteholders, and the Holder of such Disputed or unliquidated Claim for reserve purposes.
Disputed Claims Reserve Amount means, as applicable, Cash equal to the aggregate Pro Rata Share that would be distributable to Holders of Disputed General Unsecured Claims in accordance with Section 3.02 (i) if such Claims were Allowed Claims on the Effective Date in the full amount asserted, or (ii) if any such Claim has been estimated or otherwise Provisionally Allowed by the Bankruptcy Court, in such estimated or Provisionally Allowed amount, whichever is lesser.
Disputed Claims Reserve Amount means the amount of assets determined by EME, the Committee, and the Supporting Noteholders, including the New Interests, the common stock of the Parent (it being understood that, to avoid becoming an investment company or any other reason, Reorganized EME may from time to time dispose of the Parent’s stock in exchange for Cash), or Cash that would likely have been distributed to the Holders of all applicable Disputed Claims against EME as if such Disputed Claims against EME had been Allowed Claims against EME on the Effective Date, with the amount of such Allowed Claims to be determined, solely for the purposes of establishing reserves and for maximum distribution purposes, to be (a) the lesser of (i) the asserted amount of each Disputed Claim against EME as scheduled by EME or, if and solely to the extent a non-duplicative Proof of Claim was filed in an asserted amount greater than the scheduled amount, the asserted amount filed with the Bankruptcy Court as set forth in such non-duplicative Proof of Claim or as provided by the parties to EME as further information with respect to the Proof of Claim, and (ii) the amount, if any, estimated by the Bankruptcy Court pursuant to section 502(c) of the Bankruptcy Code or ordered by other order of the Bankruptcy Court, or (b) the amount otherwise agreed to by EME, the Committee, the Supporting Noteholders, and the Holder of such Disputed or unliquidated Claim for reserve purposes.

Examples of Disputed Claims Reserve Amount in a sentence

  • Notwithstanding anything to the contrary herein or in the Plan, neither the Plan Administrator, nor any other party in interest shall be obligated to fund the Disputed Claims Reserve in an aggregate amount in excess of the Disputed Claims Reserve Amount.

  • The Debtors intend to create a Disputed Claims Reserve to hold the Disputed Claims Reserve Amount.

  • Any costs, expenses or fees in relation to such redistribution of the balance of the Disputed Claims Reserve Amount to the MPC Claimants and SIHNV Contractual Claimants will be first deducted from that balance before the pro rata redistribution amounts will be determined .59B.

  • On each Distribution Date, the Distribution Agent shall fund the Disputed Claims Reserve in Cash, in the amount of the Disputed Claims Reserve Amount.

  • The U.S. Supreme Court recognized that imprisonment for “involuntary nonpayment of a fine or court costs” resulted in “impermissible discrimination that rest[ed] on ability to pay.” Id. at 241.


More Definitions of Disputed Claims Reserve Amount

Disputed Claims Reserve Amount means, as applicable, Distributable Cash equal to the aggregate amount that would be distributable to Holders of Disputed General Unsecured Claims in accordance with Section 3.02: (a) if such Claims were Allowed Claims on the Effective Date in the full amount asserted, or (b) if any such Claim has been estimated or otherwise Provisionally Allowed by the Bankruptcy Court, in such estimated or Provisionally Allowed amount, whichever is lesser. For the avoidance of doubt, until all Secured Prepetition Credit Agreement Claims have been paid or satisfied in full in cash, by credit bid, or through a combination thereof, the Disputed Claims Reserve Amount shall be zero.
Disputed Claims Reserve Amount has the meaning ascribed to it in the Amended Plan of Reorganization.
Disputed Claims Reserve Amount means an amount, sufficient to pay, in full, in Cash, all Disputed Claims, funded into the Disputed Claims Reserve.
Disputed Claims Reserve Amount means, as applicable, Liquidating Trust Interests equal to the aggregate Pro Rata share that would be distributable to Holders of Disputed General Unsecured Claims in accordance with Section 3.4(d) (i) if such Claims were Allowed Claims on the Effective Date in the full amount asserted, or (ii) if any such Claim has been estimated or otherwise Provisionally Allowed by the Bankruptcy Court, in such estimated or Provisionally Allowed amount, whichever is lesser; provided, however, the Debtors shall not be required to retain any amount on account of contingent or unliquidated Claims.
Disputed Claims Reserve Amount means, as applicable, Distributable Cash equal to the aggregate amount that would be distributable to Holders of Disputed General Unsecured Claims in accordance with Section 3.02: (a) if such Claims were
Disputed Claims Reserve Amount means, as applicable, Distributable Cash equal to the aggregate amount that would be distributable to Holders of Disputed General Unsecured Claims in accordance with Section 3.02: (a) if such Claims were Allowed Claims on the Effective Date in the full amount asserted, or
Disputed Claims Reserve Amount means, as applicable, (a) the number of shares of New TUSA HoldCo Common Stock that would be distributable to Holders of Disputed TUSA General Unsecured Claims (i) if such Claims were Allowed Claims on the Effective Date in the full amount asserted, or (ii) if any such Claim has been estimated or otherwise Provisionally Allowed by the Bankruptcy Court, in such estimated or Provisionally Allowed amount, whichever is lesser, and (b) the number of Rights Offering Securities to which Eligible Holders of Provisionally Allowed TUSA General Unsecured Claims have validly subscribed to and prefunded the purchase price to purchase pursuant to the Rights Offering Procedures.