Common use of Delivery of Distributions in General Clause in Contracts

Delivery of Distributions in General. Except as otherwise provided herein, distributions to Holders of Allowed Claims shall be made to the Holders of record as of the Distribution Record Date by the Reorganized Debtors or the Disbursing Agent for all Claims other than General Unsecured Claims, and by the GUC Administrator for General Unsecured Claims, as follows: (1) to the signatory at the address set forth on the last Proof of Claim Filed by such Holder or other representative identified therein (or at the last known addresses of such Holder if the Debtors have been notified in writing of a change of address); (2) at the address set forth in any written notice of address changes delivered to the Reorganized Debtors after the Effective Date; (3) at the address reflected in the Schedules if no Proof of Claim has been Filed and the Reorganized Debtors have not received a written notice of a change of address; or (4) to any counsel that has appeared in the Chapter 11 Cases on the Holder’s behalf. Subject to Article VI of the Plan, distributions under the Plan on account of Allowed Claims shall not be subject to levy, garnishment, attachment, or like legal process, so that each Holder of an Allowed Claim shall have and receive the benefit of the distributions in the manner set forth in the Plan. The Debtors, the Reorganized Debtors, and the Indenture Trustee shall not incur any liability whatsoever on account of any distributions under the Plan except for gross negligence or willful misconduct.

Appears in 1 contract

Samples: Restructuring Support Agreement (Petroquest Energy Inc)

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Delivery of Distributions in General. Except as otherwise provided herein, distributions to Holders of Allowed Claims shall be made to the Holders of record as of the Distribution Record Date by the Reorganized Debtors or the Disbursing Agent for all Claims other than General Unsecured Claims, and by the GUC Administrator for General Unsecured Claims, as follows: (1) to the signatory at the address set forth on the last Proof of Claim Filed by such Holder or other representative identified therein (or at the last known addresses of such Holder if the Debtors have been notified in writing of a change of address); (2) at the address set forth in any written notice of address changes delivered to the Reorganized Debtors after the Effective Date; (3) at the address reflected in the Schedules if no Proof of Claim has been Filed and the Reorganized Debtors have not received a written notice of a change of address; or (4) to any counsel that has appeared in the Chapter 11 Cases on the Holder’s behalf. Subject to this Article VI of the PlanVI, distributions under the Plan on account of Allowed Claims shall not be subject to levy, garnishment, attachment, or like legal process, so that each Holder of an Allowed Claim shall have and receive the benefit of the distributions in the manner set forth in the Plan. The Debtors, the Reorganized Debtors, and the Indenture Trustee shall not incur any liability whatsoever on account of any distributions under the Plan except for gross negligence or willful misconduct.

Appears in 1 contract

Samples: Restructuring Support Agreement (Petroquest Energy Inc)

Delivery of Distributions in General. Except as otherwise provided hereinin the Plan, distributions to Holders of Allowed Claims shall be made to the Holders of record as of the Distribution Record Date by the Reorganized Debtors or the Disbursing Agent for all Claims other than General Unsecured Claims, and by the GUC Administrator for General Unsecured ClaimsDistribution Agent, as followsappropriate: (1a) to the signatory at the address set forth on the last any Proof of Claim Filed or Proof of Interest filed by such Holder or other representative identified therein (or at the last known addresses of such Holder if no Proof of Claim or Proof of Interest is filed or if the Debtors have not been notified in writing of a change of address); (2b) at the address addresses set forth in any written notice notices of address changes delivered to the Reorganized Debtors or the applicable Distribution Agent, as appropriate, after the Effective Date; (3) at the address reflected in the Schedules if no date of any related Proof of Claim has been Filed and the Reorganized Debtors have not received a written notice or Proof of a change of addressInterest; or (4c) to on any counsel that has appeared in the Chapter 11 Cases on the Holder’s behalf. Subject to this Article VI of the PlanVI, distributions under the Plan on account of Allowed Claims shall not be subject to levy, garnishment, attachment, or like legal process, so that each Holder of an Allowed Claim shall have and receive the benefit of the distributions in the manner set forth in the Plan. The Debtors, the Reorganized Debtors, and the Indenture Trustee Distribution Agent, as applicable, shall not incur any liability whatsoever on account of any distributions under the Plan except for fraud, gross negligence negligence, or willful misconduct.

Appears in 1 contract

Samples: Restructuring Support Agreement (Chaparral Energy, Inc.)

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Delivery of Distributions in General. Except as otherwise provided hereinin the Plan, distributions to Holders of Allowed Claims shall be made to the Holders of record as of the Distribution Record Date by the Reorganized Debtors or the Disbursing Agent for all Claims other than General Unsecured Claims, and by the GUC Administrator for General Unsecured ClaimsDistribution Agent, as followsappropriate: (1a) to the signatory at the address set forth on the last any Proof of Claim Filed or Proof of Interest filed by such Holder or other representative identified therein (or at the last known addresses of such Holder if no Proof of Claim or Proof of Interest is filed or if the Debtors have not been notified in writing of a change of address); (2b) at the address addresses set forth in any written notice notices of address changes delivered to the Reorganized Debtors or the applicable Distribution Agent, as appropriate, after the Effective Date; (3) at the address reflected in the Schedules if no date of any related Proof of Claim has been Filed and the Reorganized Debtors have not received a written notice or Proof of a change of addressInterest; or (4c) to on any counsel that has appeared in the Chapter 11 Cases on the Holder’s behalf. Subject to this Article VI of the Plan, distributions under the Plan on account of Allowed Claims shall not be subject to levy, garnishment, attachment, or like legal process, so that each Holder of an Allowed Claim shall have and receive the benefit of the distributions in the manner set forth in the Plan. The Debtors, the Reorganized Debtors, and the Indenture Trustee Distribution Agent, as applicable, shall not incur any liability whatsoever on account of any distributions under the Plan except for fraud, gross negligence negligence, or willful misconduct.

Appears in 1 contract

Samples: Restructuring Support Agreement (Quorum Health Corp)

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