Disputed Funds definition

Disputed Funds means those certain funds held in the accounts identified on Exhibit E to the Disclosure Statement, which the Trustee and Committee assert may be property of the Estate.
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Disputed Funds means the funds being held in: (i) NexBank, SSB account ending in 8868 and titled “2747 Collections Account; and (ii) NexBank, SSB account ending in 9686 and titled “2747 Term Loan Interest Reserve Account. “Disputed Funds” does not include the Mezzanine Funds.
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Examples of Disputed Funds in a sentence

  • They did not file a state court action to adjudicate allocation of the Disputed Funds.

  • No one attempted to resolve allocation of the Disputed Funds by either agreement or state court adjudication.

  • Accordingly, the Debtor shall continue to segregate the Disputed Funds from the Sale proceeds in accordance with the provisions of the McKesson Stipulation.

  • The Indenture Trustee has reserved all rights with respect to the Disputed Funds and any direction that it may receive in accordance with the Indentures.

  • Opposition to Motion for an Order that McKesson Specialty Arizona [MPRS] is Entitled to the Disputed Funds (“Debtor’s Opposition”) ¶ 3 (D.I. 697); Debtor’s Opposition, ¶ 20 (D.I. 698).

  • If consensual resolution is not attained within one hundred and twenty (120) days following the Effective Date, the Plan Administrator shall file a declaratory judgment action with the Court seeking determination as to whether the Estate, or any third party asserting rights or claims in the funds held in certain of the Disputed Funds, has a superior right, title and/or interest in the funds in question.

  • Additionally, the Petition is important because the Administrator has expressed reservations about Odyssey's entitlement to certain invoiced expenses from January 2015-January 2016 (the “Disputed Funds”), and the Disputed Funds have been held back from distribution to the Noteholders until the Court resolves these issues.

  • The July Stipulation provided, inter alia, that McKesson would be allowed to file the Motion at issue here (Id., ¶ 2); and the Debtor would segregate $6,932,816.40 (the “Disputed Funds”) pending resolution of McKesson’s Motion (Id., ¶ 3).On July 30, 2018, pursuant to the terms of the July Stipulation, McKesson filed the Motion at issue along with the Declaration of Erin Beesley in Support of Motion for an Order Determining that McKesson is Entitled to the Disputed Funds (D.I. 655).

  • Rule 4-100(B)(1) provides that a member shall “[p]romptly notify a client of the receipt of the client’s funds, securities, or other properties.” Counts 3: Failure to Maintain Disputed Funds in Trust Both at trial and on review, Bolanos conceded he violated rule 4-100(A)11 by removing $61,775.50 in disputed funds from his CTA.

  • But, here, there are no reimbursements owed on the Disputed Funds because the Law Firm never paid that portion of the expenses.

Related to Disputed Funds

  • Disputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Collected Funds means, with respect to any Collection Period, the amount of funds in the Collection Account representing collections on the Receivables during such Collection Period, including all Net Liquidation Proceeds collected during such Collection Period (but excluding any Purchase Amounts).

  • Regulated Funds means the Existing Regulated Fund, the Future Regulated Funds and the BDC Downstream Funds.

  • Disputed Items has the meaning specified in Section 2.7(c).

  • Related Funds means with respect to any Lender that is an Approved Fund, any other Approved Fund that is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Disputed Item has the meaning set forth in Section 1.3(c).

  • Disputed means, with respect to any Claim or Interest, any Claim or Interest that is not yet Allowed.

  • Stayed Funds If the Master Servicer is the subject of a proceeding under the federal Bankruptcy Code and the making of a Remittance (as defined in Section 7.02(b)) is prohibited by Section 362 of the federal Bankruptcy Code, funds that are in the custody of the Master Servicer, a trustee in bankruptcy or a federal bankruptcy court and should have been the subject of such Remittance absent such prohibition.

  • Affiliated Funds are any fund of Xxxx Xxxxxxx Trust (“JHVIT”), Xxxx Xxxxxxx Funds II (“JHF II”) or Xxxx Xxxxxxx Funds III (“JHF III”), excluding the following funds of JHVIT: the Money Market Trust B, 500 Index Trust B, International Equity Index Trust B and Total Bond Market Trust B.

  • Undisputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Segregated funds means the amount of benefits that would

  • Disputed Claims Reserve means a reserve of Cash that may be funded on or after the Effective Date pursuant to Article VII.E hereof.

  • Settlement Funds means the amount of funds in the Qualified Settlement Fund.

  • Internally Generated Funds means funds not constituting the proceeds of any Loan, Debt Issuance, Equity Issuance, Asset Sale, insurance recovery or Indebtedness (in each case without regard to the exclusions from the definition thereof).

  • Tax Dispute has the meaning set forth in Section 5.06.

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • Related Fund means, with respect to any Lender that is an investment fund, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Nonrecourse Liabilities has the meaning set forth in Section 1.704-2(b)(3) of the Regulations.

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(b)(i)(A).

  • Independent Accounting Firm means such nationally recognized, independent accounting firm as is mutually appointed by Seller and Purchaser for purposes of this Agreement.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Disputed Claim means any Claim that is not Allowed.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Initial determination means the first child custody determination concerning a particular child.

  • Cleared Funds means the proceeds of cheque deposits to your account, once the cheque is cleared, cash deposits and direct credits.