Examples of Excepted Assets in a sentence
For the avoidance of doubt, the Assets shall not include the Excepted Assets.
For all purposes, including voting, confirmation and Distribution under the Plan, the amount of any Allowed Secured Claim will be determined based on the value of the Collateral securing such Claim to the extent that such Collateral is part of the Excepted Assets to be transferred by the Debtor to the Liquidating Trust.
In addition, on the Effective Date, each holder of a Class 3 or 4 Claim shall receive its Pro Rata share of any Cash recoveries from or in connection with the Excepted Assets prior to the Effective Date, and the consideration paid the Debtor by any entity other than Europa who purchases some or all of the European Assets.
Corporate Applicants may also be able to strengthen the trading position of their group for the purposes of accessing the Substantial Shareholdings Exemption on the sale of a subsidiary so that a gain arising on such a qualifying disposal of a member of the group is not subject to Corporation Tax.Please refer to Appendix I for more information on Excepted Assets and the Substantial Shareholdings Exemption.For Individual Applicants, TIME:CTC provides the following key benefits:1.
On the Effective Date, the Disputed Claims Reserve and the Excepted Assets, less any Cash Distributions, shall be absolutely and irrevocably granted, assigned and transferred to the Liquidating Trust.