Examples of Non-Cash Proceeds in a sentence
The Representative makes no representations as to the validity or sufficiency of this Agreement or the CVRs. The Representative shall not be accountable or liable for the use or application by the Company of the Litigation Proceeds or Non-Cash Proceeds.
The Rights Agents make no representations as to the validity or sufficiency of this Agreement, the CVR Trust Agreement, or the CVRs. The Rights Agents shall not be accountable or liable for the use or application by Parent of the Litigation Proceeds or Non-Cash Proceeds.
The Rights Agents make no representations as to the validity or sufficiency of this Agreement or the CVRs. The Rights Agents shall not be accountable or liable for the use or application by the Parent of the Litigation Proceeds or Non-Cash Proceeds.
To the extent the Company and/or the Bank receives all or a portion of the Litigation Recovery in the form of non-cash proceeds (which does not include nonmarketable assets or assets which are unable to be sold or liquidated) (the "Non-Cash Proceeds"), the Company and the Bank shall liquidate the Non-Cash Proceeds.
Any Non-Cash Proceeds delivered or assigned to the Pledgee pursuant to the preceding sentence shall be "Collateral" for all purposes of this Pledge Agreement and, if requested by the Pledgee, the Pledgor shall deliver to the Pledgee such additional documents in connection therewith, including U.C.C. financing statements, required to perfect the Pledgor's security interest in such Collateral.