Severance List definition

Severance List means the list of employees receiving Severance Payments from the Severance Account and the amounts to be paid to such Persons therefrom, in each case, as set forth on Exhibit L to the Plan Support Agreement, which list may be amended, modified or supplemented by the Debtors from time to time prior to the Effective Date with the prior written consent of the Required Prepetition Noteholders.
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Severance List means the list of employees receiving Severance
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Examples of Severance List in a sentence

  • If the Merger is not consummated, all fees and expenses incurred in connection with the Merger including, without limitation, all legal, accounting, financial advisory, consulting, investment banking and all other fees and expenses of third parties, including any severance payments paid to those employees of the Company who are listed on the Severance List ("THIRD PARTY EXPENSES") shall be the obligation of the party that incurred such Third Party Expenses.

  • Holders of Reorganized Cubic Energy Membership Interests shall contribute their Pro Rata share (based on their respective ownership percentage of Reorganized Cubic Energy) of the amounts needed to fund the severance payments called for in the Severance List at the times called for in such Severance List (taking into account any deferrals permitted pursuant to the Severance List).

  • Each Person set forth on the Severance List that (a) does not object to the confirmation of the Plan and (b) executes an Employee Claim Release (an “Eligible Employee”) shall, unless otherwise agreed in writing between Reorganized Cubic Energy and such Person, receive a Cash payment from the Severance Account at the times set forth in the Severance List (taking into account any deferrals permitted pursuant to the Severance List) (a “Severance Payment”).

  • The Company shall have delivered a Severance Agreement for at least eight percent (80%) of the persons identified on the Severance List, and each such Severance Agreement delivered to Parent shall be in full force and effect, and no action by the Company shall have been taken to amend, modify or supersede any of such agreements.