Plan Currency definition

Plan Currency means the mixture of Cash, New Second Lien Loans, and New HoldCo Common Shares to be distributed to holders of Allowed Claims pursuant to the Plan.
Plan Currency means the currency of your Plan.
Plan Currency means the currency specified as Plan Currency in Policy Schedule 1.

Examples of Plan Currency in a sentence

  • If left blank, Generali International will issue as many Policies as possible, up to a maximum of 20.Please enter the number of Policies you require: Plan CurrencyPlease indicate the currency in which you require your Plan to be denominated.US dollar n GB pound n Euro n HK dollar n Japanese yen n Swedish krona nBenefits will be calculated and charges deducted in the Plan Currency.

  • If any Asset is valued in a currency other than the Plan Currency, its value will be converted into the Plan Currency at a rate determined by Metis, in accordance with those commercially available in the market.

  • Such mixture of Plan Currency shall bear direct relationship to the amount of Creditor Cash available for distribution and the value of the respective Plan Securities, as recalculated in accordance with the provisions of Section 32.1(d) of the Plan.

  • If such cash is insufficient to satisfy the respective portion of the Tax Advance and there is also to be made to such distributee a distribution of other Plan Currency or interests in the trusts to be created hereunder, the distributee shall, as a condition to receiving such other assets, pay in cash to the Disbursing Agent an amount equal to the unsatisfied portion of the Tax Advance (including accrued interest).

  • Where We are required to make any payment under the terms of this Plan, We shall do so using the Plan Currency by any means We reasonably determine.

  • If any Fund is valued in a currency other than the Plan Currency, its value will be converted into the Plan Currency at a rate determined by RL360, based on those commercially available in the market.

  • The proportion of the Fees and Charges to be debited to an Account will be the same proportion as the value of that Account at the time, expressed in the Plan Currency, bears to the value of the PIA at the time, expressed in the Plan Currency.

  • The Additional Regular Contribution must take effect from at least five years before the Plan Maturity Date and be more than the minimum amount set out in the table below depending on the Plan Currency and the frequency of Contribution.Table 6.3 Minimum Additional Regular Contribution amount:(b) Any Additional Regular Contribution shall not be made after the Plan Maturity Date.

  • Any Plan Currency reserved and held for the benefit of a holder of a Disputed Claim shall be treated as a payment and reduction on account of such Disputed Claim for purposes of computing any additional amounts to be paid in Cash or distributed in other Plan Currency in the event the Disputed Claim ultimately becomes an Allowed Claim.

  • Plan Currency means the currency in which Your Plan is denominated as detailed in the Plan Schedule.


More Definitions of Plan Currency

Plan Currency as defined in the Plan of Reorganization.
Plan Currency means the mixture of Cash, New Senior Secured Debt, and New CIC Shares to be distributed to holders of Allowed Claims pursuant to the Plan.
Plan Currency means the mixture of Plan Cash, Lender Cash, Second Lien Term Loan Interests, New Common Stock, Warrants (if any), and Litigation Trust Interests to be distributed to holders of Allowed Claims pursuant to the Plan.
Plan Currency means the mixture of Plan Cash, Lender Cash, New Term Notes, New Common Stock, Warrants, Producer Preferred Distribution Rights, and Litigation Trust Interests to be distributed to holders of Allowed Claims pursuant to the Plan.

Related to Plan Currency

  • Termination Currency means United States Dollars.

  • Denomination Currency has the meaning specified in Section 14(b).

  • First Currency has the meaning specified in Section 1.15.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Eligible Currency means any lawful currency other than Dollars that is readily available, freely transferable and convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Equivalent may be readily calculated. If, after the designation by the Lenders of any currency as an Alternative Currency, any change in currency controls or exchange regulations or any change in the national or international financial, political or economic conditions are imposed in the country in which such currency is issued, result in, in the reasonable opinion of the Required Lenders (in the case of any Loans to be denominated in an Alternative Currency), (a) such currency no longer being readily available, freely transferable and convertible into Dollars, (b) a Dollar Equivalent is no longer readily calculable with respect to such currency, (c) providing such currency is impracticable for the Lenders or (d) no longer a currency in which the Required Lenders are willing to make such Credit Extensions (each of clauses (a), (b), (c), and (d), a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders and the Company, and such country’s currency shall no longer be an Alternative Currency until such time as the Disqualifying Event(s) no longer exist. Within, five (5) Business Days after receipt of such notice from the Administrative Agent, the Borrowers shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Equivalent of Loans in Dollars, subject to the other terms contained herein.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Other Currency has the meaning specified in Section 1.15.

  • Foreign Currency means any currency or currency unit issued by a government other than the government of the United States of America.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Currency means Dollars or any Foreign Currency.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Settlement Currency means Pounds sterling ("GBP").

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Virtual currency means a digital representation of value used as a medium of exchange, unit of account, or store of value, which does not have legal tender status recognized by the United States. The term does not include:

  • Balance Currency means the currency under which the trading account has the reference on and with which the Client buys or sells the subject matter instruments. It is noted that the all charges including Spreads, Commissions, Charges and Swaps are calculated in the Balance Currency.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.