Estimated Realizable Value definition

Estimated Realizable Value expression which means the sum that is deemed to be able to be collected based on the information available on the debtor's financial situation. Rating systems are normally used.
Estimated Realizable Value means the potential recovery that is presently expected from any NRR Asset of the Corporate Debtor assessed based on the best judgement applied on combination of probable outcomes of litigations or contingencies of a NRR Asset in consultation with the SCC and as may be modified or amended by the Monitoring Committee from time to time based on the availability of additional information.