Common use of Distribution of Litigation Entitlements Clause in Contracts

Distribution of Litigation Entitlements. Litigation Entitlements shall be distributed to Admitted Group Creditors in accordance with Clause 12 (Post-Restructuring Litigation Recoveries), subject to such Admitted Group Creditor first complying with the Initial Distribution Requirements or the Subsequent Distribution Requirements (as applicable).

Appears in 20 contracts

Samples: Deed of Company Arrangement, Deed of Company Arrangement, Deed of Company Arrangement

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Distribution of Litigation Entitlements. Litigation Entitlements shall be distributed to Admitted Group Creditors in accordance with Clause 12 11 (Litigation Undertaking12 (Post-Restructuring Litigation Recoveries), subject to such Admitted Group Creditor first complying with the Initial Distribution Requirements or the Subsequent Distribution Requirements (as applicable).

Appears in 1 contract

Samples: Deed of Company Arrangement

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