Value Realized

Value Realized. The sum of the following amounts, provided that the term "Value Realized" shall not include any such amount in respect of (i) the Tranche A borrowings or letters of credit under the DIP financing facilities or (ii) an Alternative Transaction: (A) all proceeds received by the Company Group upon the sale or other disposition of any of its assets or businesses, including the fair value of any such proceeds paid in-kind and the value of any ... pre-petition debt (including accrued interest but excluding debt (and related accrued interest) classified as project debt for financial reporting purposes) assumed by the acquiror, in each case, as determined in good faith by the Committee; (B) the aggregate amount by which any pre-petition letters of credit reissued under the DIP financing facilities are eliminated or otherwise released; and (C) the "enterprise value" of the Company Group, as reflected in the Disclosure Statement. View More