Distribution Pool definition

Distribution Pool means Practice Revenues minus Operational Expenses.

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Distribution Pool means, for any Year, an amount determined by multiplying [Adjusted Pre-Tax Net Income, minus an amount equal to ten percent (10%) of "Stockholders Equity" as determined by Company's audited Consolidated Balance Sheets] by six percent (6%).

Distribution Pool means all cash and cash equivalents legally and beneficially owned by VON Canada as of the Implementation Date after payment in full of all Secured Proven Claims, claims secured by the Charges (as defined in the Initial Order) (and the delivery of a cash reserve to be held by the Monitor in

Examples of Distribution Pool in a sentence

For the purpose of allocating the Distribution Pool or Distribution Pool floor (if used), the Pool shall be proportionally divided between the SOM and the SODM based upon the ratio of totbSalaries from each used to calculate the Distribution Pool; in this division the EAGWIs for faculty in the ABP will not be considered.
In FY 23 the Distribution Pool Floor shall be 102.25% of the Distribution Pool Floor in FY 22.
For FY 22, the Distribution Pool Floor shall be 104.125% of the Distribution Pool Floor used for FY 21.
In FY 24 the Distribution Pool Floor shall be 102.7% of the Distribution Pool Floor used for FY 23.
The Distribution Pool Floor is a calculated number that defines the lower limit of the Distribution Pool for fiscal years 2022, 2023 and 2024.
Claims who do not opt out of the Settlement Agreement can participate in the Administrative Claims Distribution Pool.
However, Administrative Claims are still being reviewed and reconciled and there can be no assurance that the Allowed Administrative Claims entitled to participate in the Administrative Claims Distribution Pool will be equal to or less than $800 million.
Prepetition general unsecured creditors who do not have Administrative Claims are not entitled to participate in the Administrative Claims Distribution Pool and will only receive a recovery if all prepetition secured claims and postpetition Administrative Claims are paid in full.
The Debtors and their estates are providing a release of avoidance actions (including preference claims) against all non-insider creditors (including prepetition creditors, regardless of whether they are eligible to participate in the Administrative Claims Distribution Pool, and holders of Administrative Claims who do not opt out of the Settlement Agreement).
Answer: If you choose to opt out of the Settlement Agreement, you will not receive any distribution from the Administrative Claims Distribution Pool and no distribution on account of your Administrative Claims can be guaranteed.

More Definitions of Distribution Pool

Distribution Pool means, for any Year, an amount determined by multiplying (x) Adjusted Post-Tax Net Income, minus an amount equal to ten percent (10%) of "Capital", by (y) six percent (6%), as such percentage may be adjusted up or down by the Committee from time to time, but no more than once per Year and otherwise as subject to the requirements of Section 162(m) of the Code, at such time, if any, as the Company becomes subject to Section 162(m) of the Code.