Common use of No Distributions Pending Allowance Clause in Contracts

No Distributions Pending Allowance. ‌ Notwithstanding any other provision of this Plan to the contrary, no payments or distributions of any kind or nature shall be made with respect to all or any portion of a Disputed Claim unless and until all objections to such Disputed Claim have been settled or withdrawn or have been determined by Final Order and the Disputed Claim has become an Allowed Claim. Distributions on account of Disputed Claims that become Allowed Claims shall be made pursuant to Section 6.2.

Appears in 1 contract

Samples: Restructuring and Plan Support Agreement

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No Distributions Pending Allowance. Notwithstanding any other provision of this Plan to the contrary, no payments or distributions of any kind or nature shall be made with respect to all or any portion of a Disputed Claim or Disputed Interest unless and until all objections to such Disputed Claim or Disputed Interest have been settled or withdrawn or have been determined by Final Order Order, and the Disputed Claim or Disputed Interest has become an Allowed Claim. Distributions on account of Disputed Claims that become Claim or Allowed Claims shall be made Interest, as applicable, pursuant to Section 6.2a Final Order.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (2U, Inc.)

No Distributions Pending Allowance. Notwithstanding any other provision of in this Plan to the contraryPlan, no payments or distributions of any kind or nature shall be made with respect to all or any portion of a Disputed Claim unless and until all objections to such Disputed Claim have been settled or withdrawn or have been determined by Final Order and the Disputed Claim Claim, or some portion thereof, has become an Allowed Claim. Distributions on account of Disputed Claims that become Allowed Claims shall be made pursuant to Section 6.2.

Appears in 1 contract

Samples: Restructuring & Lockup Agreement (Pliant Corp)

No Distributions Pending Allowance. Notwithstanding any other provision of this Plan to the contraryPlan, no payments or distributions of any kind or nature shall be made with respect to all or any portion of a Disputed Claim unless and until all objections to such Disputed Claim have been settled or withdrawn or have been determined by Final Order Order, and the Disputed Claim Claim, or some portion thereof, has become an Allowed Claim. Distributions on account of Disputed Claims that become Allowed Claims shall be made pursuant to Section 6.2.

Appears in 1 contract

Samples: Lockup Agreement (Philip Services Corp)

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No Distributions Pending Allowance. Notwithstanding any other provision of this Plan to the contrary, no payments or distributions of any kind or nature shall be made with respect to all or any portion of a Disputed Claim unless and until all objections to such Disputed Claim have been settled or withdrawn or have been determined by Final Order Order, and the Disputed Claim has become an Allowed Claim. Distributions on account of Disputed Claims that become Allowed Claims shall be made pursuant to Section 6.2a Final Order.

Appears in 1 contract

Samples: Restructuring Support Agreement (Sundance Energy Inc.)

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