GUC Funds definition

GUC Funds means (i) the Estate Payment, plus, (ii) the Estate Cash, plus (iii) if applicable, a portion of the Net Litigation Proceeds pursuant to the formula set forth in Section 3.4.2 hereof.
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GUC Funds means the Initial GUC Funds and the Additional GUC Funds.
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GUC Funds means (i) the Estate Payment, plus, (ii) the Estate Cash,
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Examples of GUC Funds in a sentence

  • All GUC Funds, Liquidation Proceeds and Retained Proceeds shall be held in trust for the benefit of Holders of Allowed Claims in one or more separate bank or other depository accounts throughout the term of this Plan.

  • All assets of the Debtors (including the GUC Funds, Liquidation Proceeds and the Retained Proceeds) shall remain property of the Estates until distributed in accordance with this Plan, and no Person shall at any time have any claim to or interest in any asset of the Debtors except to the extent that such Person is the Holder of an Allowed Claim entitled to Distributions under this Plan.

  • Praise- Always look for the positives in testing situations rather than the negatives.

  • Treatment: On either (i) the first Distribution Date after the applicable Claims Objection Deadline has occurred, if no objection to such General Unsecured Claim has been timely filed, or (ii) the first Distribution Date after the date on which any objection to such General Unsecured Claim is settled, withdrawn, or overruled pursuant to a Final Order of the Bankruptcy Court, each Holder of an Allowed Class 4 General Unsecured Claim shall receive a pro rata Distribution of any GUC Funds.

  • All GUC Funds shall be paid to the Creditor Trust for the benefit of Holders of Allowed Class 4 General Unsecured Claims.

  • On each subsequent Distribution Date or as soon thereafter as is reasonably practicable, the Creditor Trustee shall continue to make pro rata Distributions to the holders of Allowed Claims in Class 4 of any available GUC Funds that remain in the Debtors’ Estates, until the Consummation Date.

  • All GUC Funds shall be remitted to the Creditor Representative beginning as of the Effective Date so the Creditor Representative can carry out its duty to make Distributions from the GUC Funds to Holders of Allowed Class 4 General Unsecured Claims.

  • All GUC Funds shall be paid to the Creditor Representative to be held in trust for the benefit of Holders of Allowed Class 4 General Unsecured Claims.

  • All GUC Funds shall be remitted to the Creditor Trustee (or the Creditor Trust, as applicable) beginning as of the Effective Date so the Creditor Trustee can carry out its duty to make Distributions from the GUC Funds to Holders of Allowed Class 4 General Unsecured Claims.

  • Investigators from institutions outside of the country where research takes place must respect the ethical standards of their own countries and the cultural expectations of the societies in which studies are undertaken, unless this violates basic ethical principles.

Related to GUC Funds

  • Fresh Funds means funds that:

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • BlackRock Funds and “Trustees of BlackRock Funds” refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust dated December 22, 1988, as amended, which is hereby referred to and a copy of which is on file at the office of the State Secretary of the Commonwealth of Massachusetts and at the principal office of the Fund. The obligations of “BlackRock Funds” entered into in the name or on behalf thereof by any of the Trustees, officers, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, officers, representatives or agents of the Fund personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of shares of the Fund must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Fund.

  • Public funds means money belonging to the government.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

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

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

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

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Trust Funds means any cash comprised of (i) funds specifically and exclusively used for payroll Taxes, payroll and other employee benefit payments to or for the benefit of any Loan Party’s or its Subsidiaries’ employees, (ii) all Taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof) and (iii) any other funds (A) which any Loan Party holds on behalf of another Person and (B) which such Loan Party holds as an escrow or fiduciary for such Person.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • State funds means any funds appropriated by the North Carolina General Assembly or collected by the State of North Carolina. State funds include federal financial assistance received by the State and transferred or disbursed to non-State entities. Both Federal and State funds maintain their identity as they are disbursed as financial assistance to other organizations.

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Interest Funds With respect to each Mortgage Group and any Payment Date, (a) the sum of, without duplication, (1) all interest collected (other than the interest portion of Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Mortgage Group during the related Due Period by the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor Master Servicer), minus, (x) to the extent provided under Sections 4.02(e)(3) and (4) and Sections 5.08(i) and (ii) herein, previously unreimbursed Advances and Nonrecoverable Advances due to the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor master servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans in such Mortgage Group, (y) the Servicing Administration Fee and Master Servicing Fee with respect to such Mortgage Loans in such Mortgage Group and (z) any fees and expenses of any Custodian with respect to the Mortgage Loans in such Mortgage Group to the extent not paid by the Seller or its Affiliates, (2) any Compensating Interest Payments or payments in respect of Prepayment Interest Shortfalls paid by the Master Servicer pursuant to Section 5.21 with respect to the related Prepayment Period with respect to the Mortgage Loans in such Mortgage Group, (3) the portion of any Purchase Price or Substitution Amount paid with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period, to the extent allocable to interest, as reduced by (b) such Mortgage Group’s pro rata share of: (i) the Owner Trustee Fee, (ii) any costs, expenses or liabilities reimbursable or otherwise due to the Master Servicer, Servicer, the Subservicer, the Indenture Trustee, any Custodian, the Owner Trustee or the Trust Administrator to the extent provided in this Agreement, the Trust Agreement, the Indenture and any Custodial Agreement and (iii) any Net Swap Payment.

  • Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Project Funds means all moneys disbursed to the Recipient by the State Water Board for eligible Project Costs pursuant to this Agreement.

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.