Nominated Recipients Clause Samples

Nominated Recipients. By making a Nominated Recipient Election an Admitted Group Creditor (including for the avoidance of doubt Capital Markets Creditors) may nominate a Nominated Recipient which will be entitled to receive DOCA Creditor Entitlements on behalf of the Admitted Group Creditor insofar as the Nominated Recipient complies with Clauses 9.1 (Distribution Requirements for EPM Entitlements to Admitted Group Creditors as at the Initial Distribution Time) or 9.2 (Subsequent Distribution Requirements for EPM Entitlements to Admitted Group Creditors following the Initial Distribution Time) and, if applicable, Clauses 9.3 (Distributions to Capital Markets Trustees) and 9.4 (Distributions to Certificate Holders).