Common use of Undeliverable Distributions Clause in Contracts

Undeliverable Distributions. If any distribution to a holder of an Allowed Claim or Interest is returned to a Distribution Agent as undeliverable, no further distributions shall be made to such holder unless and until such Distribution Agent is notified in writing of such holder’s then-current address or other necessary information for delivery, at which time all currently due missed distributions shall be made to such holder on the next Distribution Date. Undeliverable distributions shall remain in the possession of the Reorganized Debtors until such time as a distribution becomes deliverable, or such distribution reverts to the Reorganized Debtors or is cancelled pursuant to Section 6.3(f)(3), and shall not be supplemented with any interest, dividends, or other accruals of any kind.

Undeliverable Distributions. If any distribution to a holder Holder of an Allowed Claim or Interest is returned to a the Distribution Agent as undeliverable, no further distributions shall be made to such holder Holder unless and until such the Distribution Agent is notified in writing of such holderHolder’s then-current address or other necessary information for delivery, at which time all currently due missed distributions shall be made to such holder Holder on the next Distribution Date. Undeliverable distributions shall remain in the possession of the Reorganized Debtors until such time as a distribution becomes deliverable, deliverable or such distribution reverts to the Reorganized Debtors or and is cancelled canceled pursuant to Section 6.3(f)(3)6.3(d)(3) or Section 6.3(d)(4) below, and shall not be supplemented with any interest, dividends, interest or other accruals of any kind.

Undeliverable Distributions. If any distribution to a holder of an Allowed Claim or Interest is returned to a the Distribution Agent as undeliverable, no further distributions shall be made to such holder unless and until such the Distribution Agent is notified in writing of such holder’s then-current address or other necessary information for delivery, at which time all currently due missed distributions shall be made to such holder on the next Distribution Date. Undeliverable distributions shall remain in the possession of the Reorganized Debtors until such time as a distribution becomes deliverable, or such distribution reverts to the Reorganized Debtors or is cancelled pursuant to Section 6.3(f)(3), and shall not be supplemented with any interest, dividends, or other accruals of any kind.