Common use of Minimum Distributions Clause in Contracts

Minimum Distributions. No fractional shares of New Common Equity shall be distributed, and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim would otherwise result in the issuance of a number of shares of New Common Equity that is not a whole number, the actual distribution of shares of New Common Equity shall be rounded as follows: (a) fractions of one-half or greater shall be rounded to the next higher whole number, and (b) fractions of less than one-half shall be rounded to the next lower whole number with no further payment therefore. The total number of authorized shares of New Common Equity to be distributed pursuant to the Plan shall be adjusted as necessary to account for the foregoing rounding. Holders of Allowed Claims entitled to distributions of $50 or less shall not receive distributions, and each such Claim to which this limitation applies shall be discharged pursuant to Article VIII and its holder is forever barred pursuant to Article VIII from asserting that Claim against the Reorganized Debtors or their property.

Minimum Distributions. No fractional shares of New Common Equity or fractions of New Second Lien PIK Notes shall be distributed, and no Cash shall be distributed in lieu of such fractional amountsshares of New Equity or fractions of New Second Lien PIK Notes. When any distribution pursuant to the Plan on account of an Allowed Claim would otherwise result in the issuance of a number of shares fractional share of New Common Equity that is not or a whole numberfraction of New Second Lien PIK Notes, the actual distribution of shares of New Common Equity issuance shall be rounded reflect a rounding as follows: (a) fractions of one-half or greater shall be rounded to the next higher whole number, and (b) fractions of less than one-half shall be rounded to the next lower whole number with no further payment thereforetherefor. The total number of authorized shares of New Common Equity and New Second Lien PIK Notes to be distributed pursuant to the Plan shall be adjusted as necessary to account for the foregoing rounding. Holders of Allowed Claims entitled to distributions of $50 50.00 or less shall not receive distributions, and each such Claim to which this limitation applies shall be discharged pursuant to Article VIII and its holder is Holder shall be forever barred pursuant to Article VIII from asserting that Claim against the Reorganized Debtors or their property.

Minimum Distributions. No fractional shares of New Common Equity or fractions of New Second Lien PIK Notes shall be distributed, and no Cash shall be distributed in lieu of such fractional amountsshares of New Equity or fractions of New Second Lien PIK Notes. When any distribution pursuant to the Plan on account of an Allowed Claim would otherwise result in the issuance of a number of shares fractional share of New Common Equity that is not or a whole numberfraction of New Second Lien PIK Notes, the actual distribution of shares of New Common Equity issuance shall be rounded reflect a rounding as follows: (a) fractions of one-half or greater shall be rounded to the next higher whole number, ; and (b) fractions of less than one-half shall be rounded to the next lower whole number with no further payment thereforetherefor. The total number of authorized shares of New Common Equity and New Second Lien PIK Notes to be distributed pursuant to the Plan shall be adjusted as necessary to account for the foregoing rounding. Holders of Allowed Claims entitled to distributions of $50 50.00 or less shall not receive distributions, and each such Claim to which this limitation applies shall be discharged pursuant to Article VIII of the Plan and its holder is Holder shall be forever barred pursuant to Article VIII of the Plan from asserting that Claim against the Reorganized Debtors or their property.

Minimum Distributions. No fractional shares of New Common DNR Equity or Warrants shall be distributed, distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest (as applicable) would otherwise result in the issuance of a number of shares of New Common DNR Equity or Warrants that is not a whole number, the actual distribution of shares of New Common DNR Equity or Warrants shall be rounded as follows: (a) fractions of one-half one‑half (½) or greater shall be rounded to the next higher whole number, number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment thereforetherefor. The total number of authorized shares of New Common DNR Equity or Warrants to be distributed pursuant to the Plan Holders of Allowed Claims and Allowed Interests hereunder shall be adjusted as necessary to account for the foregoing rounding. Holders of Allowed Claims entitled to distributions of $50 or less shall not receive distributions, and each such Claim to which this limitation applies shall be discharged pursuant to Article VIII and its holder is forever barred pursuant to Article VIII from asserting that Claim against the Reorganized Debtors or their property.

Minimum Distributions. No fractional shares of New Common Equity Interests shall be distributed, distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest (as applicable) would otherwise result in the issuance of a number of shares of New Common Equity Interests that is not a whole number, the actual distribution of shares of New Common Equity Interests shall be rounded as follows: (a) fractions of one-half (½) or greater shall be rounded to the next higher whole number, number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefore. The total number of authorized shares of New Common Equity Interests to be distributed pursuant to under the Plan shall be adjusted as necessary to account for the foregoing rounding. Holders Except with respect to the ordinary course payment in Cash of Allowed Claims entitled to distributions interest arising under the Prepetition 1.5L Notes Indenture or the Prepetition 2L Notes Indenture, none of $50 or less shall not receive distributions, and each such Claim to which this limitation applies shall be discharged pursuant to Article VIII and its holder is forever barred pursuant to Article VIII from asserting that Claim against the Reorganized Debtors or their propertythe Disbursing Agent shall have any obligation to make a Cash distribution that is less than two hundred and fifty dollars ($250) to any Holder of an Allowed Claim.