RGL Assets definition
RGL Assets means all assets of the RGL Debtors, including but not limited to (i) those assets of the RGL Debtors listed on the Assets Schedule, (ii) to the extent not inconsistent with the assumptions underlying the Assets Schedule (without duplication) (A) any amounts paid to RCM or any RGL Debtors from Refco LLC on or after September 1, 2006, (B) the BAWAG Proceeds, and (C) any amounts paid to RCM or any RGL Debtor from Non-Debtor Affiliates on or after September 1, 2006; provided, however, that any amounts distributed to RCM from direct or indirect subsidiaries of RCM shall not be treated as RGL Assets. Causes of action assigned to the Litigation Trust pursuant to section 3 .e. of this term sheet shall not constitute RGL Assets.
Examples of RGL Assets in a sentence
No distributions on RGL Unsecured Claims will be made from RGL Assets pursuant to this section 2.d. until such time as all payments set forth in section 2.c. above have been made in full.
RCM's share of the Excess Claims shall be funded out of distributions otherwise available to RCM from RGL Assets pursuant to section 2.i. below.
The cash payment will be made to the Indenture Trustee on the Plan Effective Date to the extent of available cash, net of reasonable reserves for administrative and priority claims of the RGL Debtors, from RGL Assets, with any balance of the payment to be paid to the Indenture Trustee from time to time from available cash.