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 practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim becomes a Final Order, the Disbursement Agent 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, without any interest to be paid on account of such Claim unless required under applicable bankruptcy law.

Appears in 1 contract

Samples: Restructuring Support Agreement (Panolam Industries International Inc)

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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 practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim becomes a Final Order, the Disbursement Disbursing Agent 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, without any interest to be paid on account of such Claim unless required under applicable bankruptcy law.

Appears in 1 contract

Samples: Investment Agreement (Lodgenet Interactive Corp)

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 practicable after the date that on which the order or judgment of the Bankruptcy Court allowing any Disputed Claim becomes a Final Order, the Disbursement Disbursing Agent 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 interest to be paid on account of such Claim unless required under applicable bankruptcy lawby the Bankruptcy Code.

Appears in 1 contract

Samples: Restructuring Support Agreement (Halcon Resources Corp)

Distributions After Allowance. To the extent that a Disputed Claim ultimately becomes an Allowed 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 practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim becomes a Final Order, the Disbursement Agent shall provide to the holder of such Claim shall receive 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 unless required under applicable bankruptcy law.

Appears in 1 contract

Samples: Loan Agreement (Ener1 Inc)

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Distributions After Allowance. To Subject to Article VII.B, 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 practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim becomes a Final Order, the Disbursement 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 unless required under applicable bankruptcy law.

Appears in 1 contract

Samples: Recapitalization Agreement (Ventura Capital Privado, S.A. De C.V.)

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