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.
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 any other provision of the Plan, the Confirmation Order or this Agreement, the Liquidating Trust shall have no obligation to make a distribution on account of an Allowed Claim to a specific holder of an Allowed Claim if the amount to be distributed to that holder (1) does not constitute a final Distribution to such holder and (2) is less than $1,000.00. Any undistributed amount shall be held over to the next subsequent Distribution date and, if the amount to be distributed to the holder would never exceed $25.00, such holder shall be excluded from receiving a Distribution. In addition, the Liquidating Trust reserves the right to request subsequent relief from the Bankruptcy Court to exclude holders or Beneficiaries from the final Distribution under the Plan to the extent that the amounts otherwise distributable to such claimholders or Beneficiary in connection with such final Distribution would be de-minimis or create undue administrative expense.
De Minimis Distributions. In the event the value of a Participant's account does not exceed the dollar limit under Section 411(a)(11)(A) of the Code, there has been no prior distribution under this paragraph, and no amounts were deferred to the account during the two year period ending on the date of distribution, the Participant may elect to receive a lump sum distribution of the balance payable as soon as practicable after the Plan Administrator receives the Participant’s request.
De Minimis Distributions. Notwithstanding any other provision of the Plan, other Plan Documents, or this Agreement, the Plan Administrator shall not have an obligation to make Distributions or payments of fractions of dollars, and whenever any payment of a fraction of a dollar under the Plan would otherwise be called for, the actual payment made shall reflect a rounding of such fraction to the nearest whole dollar (up or down), with half dollars being rounded down. No Cash payment of less than $50.00 shall be made to the holder of any Claim.
De Minimis Distributions. No distribution shall be required to be made hereunder to any Beneficiary, unless such entity is entitled to receive, in any distribution from the Trust, at least $100.00. Any holder of a Millennium Custodial Trust Interest on account of which the amount of cash to be distributed pursuant to any distribution from the Trust is less than $100.00 shall be deemed to have no claim for such distribution against the Trust or the Millennium Trust Assets. Any cash not distributed pursuant to this Section 9.4 shall be the property of the Trust.
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. The Wind Down Entity Trustee shall have no obligation to make a distribution on account of an Allowed Claim if the amount to be distributed to the holder of such Allowed Claim on the respective distribution date has a value less than $50.00. Any amount not distributed to a holder of an Allowed Claim because of the limitation set forth in this Section 9.16 shall become an asset of the Wind Down Entity available for funding the next distribution, again subject to this limitation.
