definiens: means an amount ( determined in accordance with Se ction 2.8 ) in cash equal to the sum of ( i ) 80 % of all cash proceeds generated ( or to be generated under committed cash bids ) by th e sale of any Collateral and ( ii ) the amount by which ( a ) ( x ) all other cash ( including any uncleared checks, wi re transfers and drafts deposited for the account of any Seller but excluding any issued but uncleared checks, wire transfers and drafts written or issued by any Seller ) held by the Sellers or their estates as of the date of the Auction minus ( y ) without duplication ( A ) the amount of any unpai d claims owed to Nalpropion as of such date and ( B ) the amount of all Cure Claims paid or required to be pa i d by the Sellers ( in each case of the foregoing cl auses ( A ) and ( B ), solely to the extent that the payment of such claims is not provided for in the Approved Budget ), exceeds ( b ) the projected cash balances of the Sellers set fort h in the Approved Budget as of such date ( on a pro forma basis accounting for professional fees attendant to Closi ng and applicable terminable items ), in each case o f the foregoing clauses ( i ) and ( ii ), excluding all Perni x Ireland DAC Cash