Common use of Distributions After Allowance Clause in Contracts

Distributions After Allowance. To the extent that a Disputed Claim or Interest ultimately becomes an Allowed Claim or Interest, distributions (if any) shall be made to the holder of such Allowed Claim or Interest in accordance with the provisions of the Plan. As soon as reasonably practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim or Interest becomes a Final Order, the Disbursing Agent shall provide to the holder of such Claim or Interest the distribution (if any) to which such holder is entitled under the Plan as of the Effective Date, without any interest to be paid on account of such Claim or Interest.

Appears in 3 contracts

Samples: Plan Support Agreement (Vanguard Natural Resources, Inc.), Plan Support Agreement (Vanguard Natural Resources, Inc.), Restructuring Support Agreement (Jones Energy, Inc.)

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Distributions After Allowance. To the extent that a Disputed Claim or Interest ultimately becomes an Allowed Claim or Interest, distributions (if any) shall be made to the holder Holder of such Allowed Claim or Interest in accordance with the provisions of the Plan. As soon as reasonably practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim or Interest becomes a Final Order, the Disbursing Distribution Agent shall provide to the holder Holder of such Claim or Interest the distribution (if any) to which such holder Holder is entitled under the Plan as of the Effective Date, without any interest to be paid on account of such Claim or Interest.

Appears in 3 contracts

Samples: Restructuring Support Agreement (Chaparral Energy, Inc.), Restructuring Support Agreement (Denbury Resources Inc), Restructuring Support Agreement (Quorum Health Corp)

Distributions After Allowance. To the extent that a Disputed Claim or Interest ultimately becomes an Allowed Claim or Interest, distributions (if any) shall be made to the holder Holder of such Allowed Claim or Interest in accordance with the provisions of the Prepackaged Plan. As soon as reasonably practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim or Interest becomes a Final Order, the Disbursing Agent shall provide to the holder Holder of such Claim or Interest the distribution (if any) to which such holder is entitled under the Prepackaged Plan as of the Effective Date, without any interest to be paid on account of such Claim or Interest.

Appears in 2 contracts

Samples: Restructuring Support Agreement (View, Inc.), Contingent Value Rights Agreement (Akumin Inc.)

Distributions After Allowance. To the extent that a Disputed Claim or Interest ultimately becomes an Allowed Claim or Interest, distributions (if any) shall be made to the holder Holder of such Allowed Claim or Interest in accordance with the provisions of the Plan. As soon as reasonably practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim or Interest becomes a Final Order, the Disbursing Agent shall provide to the holder Holder of such Claim or Interest the distribution (if any) to which such holder Holder is entitled under the Plan as of the Effective Date, without any interest to be paid on account of such Claim or Interest.

Appears in 2 contracts

Samples: Restructuring Support Agreement (Ion Geophysical Corp), Credit Agreement (Gulfport Energy Corp)

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Distributions After Allowance. To the extent that a Disputed Claim or Interest ultimately becomes an Allowed Claim or Interest, distributions (if any) shall be made to the holder Holder of such Allowed Claim or Interest in accordance with the provisions of the this Plan. As soon as reasonably practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim or Interest becomes a Final Order, the Disbursing Agent shall provide to the holder Holder of such Claim or Interest the distribution (if any) to which such holder Holder is entitled under the this Plan as of the Effective Date, without any interest to be paid on account of such Claim or Interest.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (2U, Inc.)

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