Avoidance Proceeds definition

Avoidance Proceeds means any proceeds or property recovered, unencumbered or otherwise in connection with successful Avoidance Actions, whether by judgment, settlement or otherwise.
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Avoidance Proceeds means any proceeds or property recovered, unencumbered or otherwise, from Avoidance Actions, whether by judgment, settlement or otherwise.
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Avoidance Proceeds shall have the meaning provided in Section 3.1(d).
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Examples of Avoidance Proceeds in a sentence

  • Any Avoidance Proceeds received by the First Priority Secured Parties or the Second Priority Secured Parties shall be applied among the ABL Secured Parties and the Term Loan Secured Parties ratably and on a pari passu basis notwithstanding Section 4.

  • The notice will expressly provide that the DIP Agent will request at the Final Hearing that Avoidance Proceeds shall be subject to all liens and claims of the DIP Agent, the DIP Lenders, the Prepetition Agent and the Prepetition Secured Parties (including the DIP Liens, Prepetition Liens, Superpriority Claims, Adequate Protection Liens and superpriority claims of the Prepetition Agent and the Prepetition Secured Parties Such).

  • The Collateral shall exclude Avoidance Actions, but shall, subject only to and effective upon entry of the Final Order, include Avoidance Proceeds.

  • The Superpriority Claim shall not attach to any Avoidance Claims or any Avoidance Proceeds.

  • Notwithstanding the foregoing, the Replacement Collateral shall not include any claims or causes of action of the Debtors under 11 U.S.C. §§ 544, 547, 548 or 550 ("Avoidance Actions") or any proceeds of any of such claims or causes of action ("Avoidance Proceeds"), unless any Debtor shall grant a ▇▇▇▇ ▇▇▇▇ ▇▇oidance Actions or Avoidance Proceeds to any other person or entity, in which event Agent shall be deemed to have been granted such a lien under this Order on a pari passu basis with such other lien.


More Definitions of Avoidance Proceeds

Avoidance Proceeds has the meaning assigned to such term in the Interim Order or the Final Order, as applicable.
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Avoidance Proceeds has the meaning assigned to such term in the Interim Financing Order or, after entry thereof, the Final Financing Order.
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Avoidance Proceeds means any proceeds or property recovered, unencumbered or otherwise arising in connection with successful Avoidance Actions, whether by judgment, settlement or otherwise.
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Avoidance Proceeds means all proceeds of any Avoidance Action.
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Avoidance Proceeds means any proceeds or property recovered, unencumbered or otherwise the subject of successful Avoidance Actions, whether by judgment, settlement or otherwise.
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Avoidance Proceeds means the proceeds received from, or property recovered in respect of, Avoidance Actions.
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Avoidance Proceeds has the meaning specified in clause (c) of the definition of “Collateral”.
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