Common use of Distributions After Allowance Clause in Contracts

Distributions After Allowance. To the extent that a Disputed Claim ultimately becomes an Allowed Claim, distributions (if any) shall be made to the Holder of such Allowed Claim in accordance with the provisions of the Plan. As soon as reasonably practicable after the date that the order or judgment of a court of competent jurisdiction allowing any Disputed Claim becomes a Final Order, the Reorganized Debtors shall provide to the Holder of such Claim the distribution (if any) to which such Holder is entitled under the Plan as of the Effective Date.

Appears in 3 contracts

Samples: Plan Support Agreement (Hertz Corp), Joinder Agreement (Hertz Corp), Plan Support Agreement (Hertz Corp)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Transaction Support Agreement (JOANN Inc.)

Distributions After Allowance. To the extent that a Disputed Claim ultimately becomes an Allowed Claim, distributions (if any) shall be made to the Holder of such Allowed Claim in accordance with the provisions of the Plan, including the treatment provisions provided in Article IV and section 5.20(b) of the Plan. As soon as reasonably practicable after the date that the order Final Order or judgment of a court of competent jurisdiction the Bankruptcy Court allowing any Disputed Claim becomes a Final Order, the Reorganized Debtors shall provide to the Holder of such Claim the distribution (if any) to which such Holder is entitled under the Plan as of the Effective Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Core Scientific, Inc./Tx)

Distributions After Allowance. To the extent that a Disputed Claim ultimately becomes an Allowed Claim, distributions (if any) shall be made to the Holder holder of such Allowed Claim in accordance with the provisions of the Plan. As soon as reasonably practicable after the date that the order or judgment of a the Bankruptcy Court or other court of competent jurisdiction allowing any Disputed Claim becomes a Final Order, the Reorganized Debtors Distribution Agent shall provide to the Holder holder of such Claim 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.

Appears in 1 contract

Samples: Restructuring Support Agreement (Ultra Petroleum Corp)

AutoNDA by SimpleDocs

Distributions After Allowance. To the extent that a Disputed Claim ultimately becomes an Allowed Claim, distributions (if any) shall be made to the Holder holder of such Allowed Claim in accordance with the provisions of the Plan. As soon as reasonably practicable after the date that the order or judgment of a court of competent jurisdiction the Bankruptcy Court allowing any Disputed Claim becomes a Final Order, the Reorganized Debtors Disbursing Agent shall provide to the Holder holder of such Claim 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.

Appears in 1 contract

Samples: Subscription Agreement (5E Advanced Materials, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!