Examples of NRG Settlement Payment in a sentence
The Reorganized Debtors shall use Cash on hand, including Cash from Sale Proceeds received prior to the Effective Date, Cash from the Exit Financing, and Cash from the NRG Settlement Payment to fund distributions to certain Holders of Claims, including the LC Facility Claims, the Allowed Revolving Credit Facility Claims, the Allowed GenOn Notes Claims, the Allowed GAG Notes Claims, and Allowed General Unsecured Claims, if applicable, as set forth in Articles II and III of the Plan.
In response to a recommendation included in our Initial Report, SNC-Lavalin has also implemented its Business Partner9 Audit ("BP Audit") process, which reviews third parties' compliance with SNC-Lavalin's integrity expectations and agreements.
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The parties agree that the NRG Settlement Payment (and such other forms of consideration, if any), and its receipt by GenOn, will be reported on the federal income tax return filed by the NRG consolidated tax group for the taxable year that includes the Effective Date, and any resulting income tax consequences will be structured as tax efficiently as possible for GenOn, and NRG will treat such payments as a capital contribution to the extent permitted under applicable law.
Sources of Consideration for Plan Distributions The Debtors shall make distributions under the Plan, as applicable, with: (1) the Cash proceeds of the Exit Financing; (2) the New Common Stock;(3) proceeds of the NRG Settlement Payment; (4) the Debtors’ encumbered and unencumbered Cash on hand; (5) the Sale Proceeds; and (6) the New Subordinated Notes.
The Reorganized Debtors shall use Cash on hand, including Cash from Sale Proceeds received prior to the Effective Date, Cash from the Exit Financing, and Cash from the NRG Settlement Payment to fund distributions to certain Holders of Claims, including the LC Facility Claims, the Allowed Revolving Credit Facility Claims, the Allowed GenOn Notes Claims, the Allowed GAG Notes Claims, and Allowed General Unsecured Claims, as set forth in Articles II and III of the Plan.
The NRG Settlement Payment (and such other forms of consideration, if any), and its receipt by GenOn, will be reported on the federal income tax return filed by the NRG consolidated tax group for the taxable year that includes the Effective Date, and any resulting income tax consequences will be structured as tax efficiently as possible for GenOn, and NRG will treat such payments as a capital contribution to the extent permitted under applicable law.
If the NRG Settlement is not consummated, NRG will not contribute the NRG Settlement Payment to GenOn necessary to fund certain recoveries under the Plan.
The parties agree that the NRG Settlement Payment (and such other forms of consideration, if any), and its receipt by GenOn, will bereported on the federal income tax return filed by the NRG consolidated tax group for the taxable year that includes the Effective Date, and any resulting income tax consequences will be structured as tax efficiently as possible for GenOn, and NRG will treat such payments as a capital contribution to the extent permitted under applicable law.
The Debtors shall make distributions under the Plan, as applicable, with: (1) the Subscription Rights; (2) the Cash proceeds of the Exit Financing; (3) the New Common Stock; (4) proceeds of the NRG Settlement Payment; (5) the Debtors’ encumbered and unencumbered Cash on hand; (6) the Sale Proceeds; and (7) the New Subordinated Notes.