Common use of Minimum Distributions Clause in Contracts

Minimum Distributions. Holders of Allowed Claims entitled to distributions of $50 or less shall not receive distributions, and each Claim to which this limitation applies shall be discharged pursuant to Article VIII of the Plan and its holder shall be forever barred pursuant to Article VIII of the Plan from asserting that Claim against the Reorganized Debtors or their property.

Appears in 2 contracts

Samples: Stipulation, and Joinder Agreement (Seadrill LTD), www.sec.gov

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Minimum Distributions. Holders of Allowed Claims entitled to distributions of $50 or less shall not receive distributions, and each Claim to which this limitation applies shall be discharged pursuant to Article VIII of the this Plan and its holder Holder shall be forever barred pursuant to Article VIII VII of the this Plan from asserting that Claim against the Reorganized Debtors or their property.

Appears in 1 contract

Samples: Restructuring Support Agreement (Quorum Health Corp)

Minimum Distributions. Except as otherwise provided in the Plan Supplement or the Restructuring Transactions Memorandum, Holders of Allowed Claims entitled to distributions of $50 or less shall not receive distributions, and each Claim to which this limitation applies shall be discharged and released pursuant to Article VIII of the Plan hereof and its holder Holder shall be forever barred pursuant to Article VIII of the Plan hereof from asserting that Claim against the Reorganized Debtors or their property.

Appears in 1 contract

Samples: Restructuring Support Agreement (Valaris PLC)

Minimum Distributions. Holders of Allowed Claims or Allowed Interests entitled to distributions of $50 or less shall not receive distributions, and each Claim or Interest to which this limitation applies shall be discharged pursuant to Article VIII of the Plan and its holder Holder shall be forever barred pursuant to Article VIII VII of the Plan from asserting that Claim or Interest against the Reorganized Debtors or their property.

Appears in 1 contract

Samples: Restructuring Support Agreement (Chaparral Energy, Inc.)

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Minimum Distributions. Holders of Allowed Claims entitled to distributions of $50 or less shall not receive distributions, and each Claim to which this limitation applies shall be discharged pursuant to Article VIII of the this Plan and its holder shall be forever barred pursuant to Article VIII of the this Plan from asserting that Claim against the Reorganized Debtors or their property.

Appears in 1 contract

Samples: Restructuring Support Agreement (Ultra Petroleum Corp)

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