NNSA Settlement Deed definition

NNSA Settlement Deed means the settlement agreement dated on or around 12 October 2016 and made between, amongst others, the EMEA Debtors (as defined therein and including the Company), the Administrators and NNSA, and as amended and restated on or around 1 March 2017;
Sample 1Sample 2Sample 3

Examples of NNSA Settlement Deed in a sentence

  • The result of the set-off is that €27 million became available to the Secondary Proceeding which, having paid its creditors in full, is able to transfer that surplus (less the costs of the Secondary Proceeding) to the Main Proceeding under the terms of the NNSA Settlement Deed and Article 35 of the EC Regulation.

  • The principles and certain key terms of the NNSA CVA include those agreed between the NNSA Administrators and the Secondary Liquidator and set out in Schedule 4 ( The NNSA CVA) to the NNSA Settlement Deed, as amended and restated on 1 March 2017, a copy of which is provided at [4/13/375] of SJH9.

  • The principles and certain key terms of the NNSA CVA include those agreed between the NNSA Administrators and the French Liquidator and set out in Schedule 4 (The NNSA CVA) to the NNSA Settlement Deed, as amended and restated on 1 March 2017, a copy of which is provided at [25/628] of SJH22.

  • The terms of the NNSA Settlement Deed provided for the burden of any tax liability arising as a result of any action taken by the Administrators after their appointment or by the Secondary Liquidator to be allocated equally between the NNSA Main Proceeding and the NNSA Secondary Proceeding.

  • The terms of the NNSA Settlement Deed provided for burden of any tax arising as a result of any action taken by the Joint Administrators after their appointment or by the Secondary Liquidator following the French liquidation order being agreed to be allocated equally between the Main Proceeding and the Secondary Proceeding.

  • Under the NNSA Settlement Deed (which is described in detail in Bloom 16), it was envisaged that the Secondary Proceeding would be primarily responsible for the payment of priority creditors.

  • The Secondary Proceeding is primarily focused on agreeing those Priority Claims as it is anticipated pursuant to the terms of the NNSA Settlement Deed that the Secondary Proceeding will be responsible for paying all Priority Claims under French law and that the NNSA CVA will deal with proving claims and making distributions to the unsecured creditors of NNSA.

  • The principles and certain key terms of the NNSA CVA will include those agreed between the NNSA Administrators and the Secondary Liquidator and set out in Schedule 4 (The NNSA CVA) to the NNSA Settlement Deed, as amended and restated on 1 March 2017, a copy of which is provided at [2/23/373] of SJH6.

  • Under the terms of the NNSA Settlement Deed entered into as part of the Global Settlement in late 2016 (see R e Nortel Networks UK Ltd and others [2016] EWHC 2769 (Ch), [2017] Bus LR 590), it was envisaged that the NNSA Secondary Proceeding would be primarily responsible for the payment of priority creditors and the payment of any tax through its distribution process.

Related to NNSA Settlement Deed

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour. Day-ahead System Energy Price:

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Purchase Contract Settlement Date means ________________________, ____.]

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • settlement system means any infrastructure whether or not connected to the auction platform that can provide settlement services, which may include clearing, netting, management of collateral, or any other services, which ultimately enable the delivery of allowances on behalf of an auctioneer to a successful bidder or its successor in title, and the payment of the sum due by a successful bidder or its successor in title to an auctioneer, carried out through either of the following:

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Resettlement Plan or “RP” means the resettlement plan for the Project, including any update thereto, prepared and submitted by the Borrower and cleared by ADB;

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Remarketing Settlement Date means (i) in the case of a Successful Optional Remarketing, (x) if the remarketed Notes are priced before 4:30 p.m. New York City time on the Optional Remarketing Date for such Successful Optional Remarketing, the third Business Day immediately following such Optional Remarketing Date and (y) otherwise, the fourth Business Day following the relevant Optional Remarketing Date, and (ii) in the case of a Final Remarketing, the Purchase Contract Settlement Date.

  • Retail Settlement Code or “Code” means this code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and consumers and provides for tracking and facilitating consumer transfers among competitive retailers.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled. Energy Storage Resource:

  • Settlement Report a report summarizing Revolver Loans and participations in LC Obligations outstanding as of a given settlement date, allocated to Lenders on a Pro Rata basis in accordance with their Revolver Commitments.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.

  • Ontario Settlement Class means the settlement class in respect of the Ontario Action as defined in Schedule A.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • ASTC Settlement Rules means the operating rules of ASTC and, to the extent that they are applicable, the operating rules of ASX and the operating rules of the Australian Clearing House Pty Limited;