De Minimis Distributions Sample Clauses

De Minimis Distributions. No distribution shall be made if the amount to be distributed to the specific Holder of a Beneficial Interest on the particular Quarterly Distribution Date does not constitute a final distribution to such Holder and is or has an economic value less than $250.
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De Minimis Distributions. No cash payment of less than $50.00 shall be required to be made on account of any Allowed General Unsecured Claim of any Liquidation Trust Beneficiary until the date of the final distribution to Liquidation Trust Beneficiaries pursuant to this Trust Agreement.
De Minimis Distributions. Notwithstanding any provision in the Plan or this Agreement to the contrary, no payment of less than twenty-five dollars ($25.00) shall be made on account of any Allowed Claim or Allowed Equity Interest. All Distributions not made pursuant to this Article 6.17 shall be treated as Unclaimed Distributions and are subject to Article 6.8 hereof.
De Minimis Distributions. The Liquidating Trustee shall not be required to make any distribution, except on the Final Distribution Date, (i) to any Beneficiaries if the aggregate amount of such distribution is less than $5,000,000 or (ii) to any Beneficiary if the amount to be distributed is $5.00 or less. If a Beneficiary does not receive a distribution due to the provisions of this paragraph on any Distribution Date, then the Claim (so long as it is an Allowed Claim) will remain eligible for distributions on any subsequent Distribution Date, subject to the provisions of this paragraph. In all events, the holders of Allowed Claims which have not received a distribution on any previous Distribution Dates because of this provision, will receive such distribution on the Final Distribution Date.
De Minimis Distributions. Notwithstanding anything herein to the contrary, neither the Reorganized Debtors nor any Distribution Agent shall be required to make Plan Distributions or payments of less than $250 (whether Cash or otherwise), and Cash that otherwise would be payable under the Plan to Holders of Allowed Claims but for this provision shall be available for Plan Distributions to other Holders of Allowed Claims.
De Minimis Distributions. (i) Pursuant to Article VI.B.2 of the Plan and notwithstanding any other provision of the Plan, none of the Liquidating Trustee, any Servicer, nor any Disbursing Agent shall be required to make any distributions to Holders of Allowed Claims aggregating less than $100.00. Cash that otherwise would be payable under the Plan to Holders of Allowed Claims but for Article
De Minimis Distributions. 9 6.6 MAINTENANCE OF BOOKS; RIGHT TO INSPECT................................................. 9 6.7
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De Minimis Distributions. After a Participant terminates employment ------------------------ and is eligible for a distribution, the Trustee through the Recordkeeper will determine whether the vested account balance exceeds $5,000, exceeded $5,000 at any prior distribution or in-service withdrawal date in the account history at Fidelity or exceeds $5,000 at the end of the warning period (at least 30 days, but not more than 70 days, from the determination date). If not, the Trustee through the Recordkeeper will process a mandatory and immediate cashout, subject only to the requirement to offer a rollover opportunity. The $5,000 threshold will be determined based on criteria provided by the Sponsor and will increase or decrease as Congress may from time to time amend this threshold in Code Section 411(a)(11).
De Minimis Distributions. After a Participant terminates employment and is eligible for a distribution, the Trustee will determine whether the vested account balance exceeds $5,000, or exceeds $5,000 at the end of the warning period (at least 30 days, but not more than 70 days, from the determination date). If not, the Trustee will process a mandatory and immediate cashout, subject only to the requirement to offer a rollover opportunity. The $5,000 threshold will be determined based on criteria provided by the Sponsor and will increase or decrease as Congress may from time to time amend this threshold in Code Section 411(a)(11).
De Minimis Distributions. After a participant terminates employment and is eligible for a distribution, Fidelity will determine whether the vested account balance exceeds $5,000, exceeded $5,000 at any prior distribution or in-service withdrawal date in the account history at Fidelity, or exceeds $5,000 at the end of the warning period (at least 30 days, but not more than 70 days, from the determination date). If not, Fidelity will process a mandatory and immediate cashout, subject only to the requirement to offer a rollover opportunity. The $5,000 threshold will increase or decrease as the IRS may from time to time amend this threshold in Internal Revenue Code Section 411(a)(11).
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