Initial Distributions. Except as otherwise provided for in the Plan, and subject to the requirements set forth therein, on the Initial Distribution Date, the Plan Administrator shall make the distributions required by the Plan, except for such distributions to be made by the Contingent Value Vehicle.
Initial Distributions. Except as otherwise provided for in the Plan or Confirmation Order, and subject to the requirements set forth therein, including, without limitation, in Section 7.03 of the Plan on, or as soon as reasonably practicable after the Effective Date, the Plan Administrator shall, pursuant to the provisions of Articles II, IV, V, VII, VIII, IX, and X of the Plan, cause the Disbursing Agent to make a distribution of Cash from the Distribution Fund and/or the General Account to each holder of an Allowed Claim as of the Effective Date pursuant to the Plan.
Initial Distributions. On the date hereof, PE Member shall be paid by the Company an amount equal to its PE Member Costs. The payments to be made to PE Member on the date hereof pursuant to this Section 7.1 shall not be deemed to be a distribution hereunder, nor shall such payments to PE Member be deemed to be a return to PE Member of a portion of its PE Contribution.
Initial Distributions. (a) No later than 10 business days after the end of the month during which the Closing Date occurs, the Company will cause to be prepared good faith estimates of (i) the Undistributed Net Income of Pubco (the “Estimated Initial Pubco Distribution”) and (ii) the Undistributed Net Income of each Principal and each Trust (each such amount, an “Estimated Initial Principal Distribution”), each of which shall be (A) certified by Pubco’s Chief Financial Officer, (B) accompanied by a schedule showing in reasonable detail the calculations of such estimates, and (C) delivered to Pubco, each Principal and each Trust, together with such officer’s certificate.
Initial Distributions. The initial distribution of the $175,000.00 provided by the ERC Term Loan from the GUC Distribution Fund (less reserves established for fees, costs and expenses and reserves for Disputed General Unsecured Claims, if any) shall occur within thirty (30) days of the Effective Date and distributions thereafter shall occur within thirty (30) days of such time as the amount in the GUC Distribution Fund exceeds $100,000.00.
Initial Distributions. The approved Claims Administration Expenses, attorneys’ costs and expenses (including any pro-rata share of costs to be redistributed and payable to the Honeywell Settlement Class claimants), attorneys' fee award, and any incentive payments to the Settlement Class Representatives shall first be deducted from the Settlement Fund, after any such awards have been approved by the Court. The Claims Administrator may make periodic applications to the Court for approval of Claims Administration Expenses.
Initial Distributions. The approved Claims Administration Expenses, attorneys’ costs and expenses, fee award, and any incentive payments to the Settlement Class Representatives shall first be deducted from the Settlement Fund after any such awards have been approved by the Court. The Claims Administrator may make periodic applications to the Court for approval of Claims Administration Expenses.
Initial Distributions. On the Effective Date (or as soon thereafter as is reasonably practicable), in accordance with the Parent’s Plan, the Parent’s Plan Administrator shall, from available funds in the Parent’s Plan Administration Account: (a) pay the Allowed Claims that are to be paid on the Effective Date; (b) fund the Section 524(g) Trust with the Section 524(g) Trust Assets; (c) fund the Environmental Custodial Trust(s) with the Environmental Custodial Trust Assets; and (d) fund the Disputed Claims Reserve as provided for in Article 13.8 of the Parent’s Plan.
