residual property definition
residual property or “RP” means acquired CLIN material or equipment that is not incorporated into a deliverable, consumed, or expended in performance.
residual property has that meaning set forth in Section 9.3.
residual property means all cash and cash equivalents that are property of the Creditor Trust, however arising, including as a result of monies received from the prosecution of the Recovery Rights, the sale of other property of the Estate, or the collection of amounts owing to the Debtor or the Estate, less amounts paid on account of(i) Allowed Administrative Claims, (ii) Allowed Tax Claims, (iii) Allowed Claims in Class 1 priority claims and Class 2 secured claims, and (iv) all costs, fees and expenses incurred in connection with the administration of the Creditor Trust.
More Definitions of residual property
residual property means a Parcel of Assessed Property other than Permitted to Build Property, Lot Property and Subdivided Property.
residual property means the Development or any part or parts thereof, under exception of the Factoring Ground (which is retained within the ownership of the Developers);
residual property means the Development or any part or parts thereof, under exception of the scheme property or part thereof conveyed to the association pursuant to rule 23.1 of the Development Management Scheme;