Definition of Post-Confirmation Cash


Post-Confirmation Cash means all of the Debtors' Cash on hand as of the Effective Date, all of which shall be turned over to the Disbursing Agent on the Effective Date.
Sample 1

Examples of Post-Confirmation Cash in a sentence

All Distributions shall be made by the Disbursing Agent from the Post-Confirmation Cash.
All such professional fees incurred by the Debtors in their Cases s will be paid by the Disbursing Agent from the Post-Confirmation Cash.
Allowed Non-Tax Priority claims shall be paid in full by the Disbursing Agent from the Post-Confirmation Cash as soon as practicable after the Effective Date.
The Disbursing Agent shall create a reserve from the Post-Confirmation Cash an amount reasonably estimated to be necessary to pay the expenses of the Disbursing Agent (including payment of professionals retained by the Debtors in their Cases, payment of reasonable compensation of the Disbursing Agent and payment of any professionals retained by the Disbursing Agent).
In addition, from the Post-Confirmation Cash, the Disbursing Agent shall pay all of the fees awarded post-Effective Date to the professionals retained by the Debtors in their Cases and all expenses of the Disbursing Agent.