Examples of Annual Distribution Date in a sentence
On the Normal Annual Distribution Date with respect to an Annual Deferred Amount, the Participant shall be entitled to the benefit described in this Section 3.1 in lieu of any other benefit under this Article 3.
The amount of the benefit under Section 3.1 is one hundred percent (100%) of the Deferral Account balance attributable to a specific Annual Deferred Amount, determined as of the Normal Annual Distribution Date.
On each Annual Distribution Date, the Liquidating Trust shall distribute all Available Cash from the Liquidating Trust to the Trust Holders (or the relevant Paying Agent, as the case may be), after making reserve for Disputed Claims as provided for in Section 5.8(b) below; provided, however, that the Liquidating Trustee shall not be required to distribute Available Cash on each Annual Distribution Date if the aggregate Distribution on such date would not exceed $10,000 in value.
The SWINC Disbursing Agent and the SWE&C Liquidating Trust Disbursing Agent shall make payments and distributions from the appropriate Reserves to the holder of any Disputed Claim that has become an Allowed Claim or Allowed Interest, on the first Semi- Annual Distribution Date following the date that such Disputed Claim becomes an Allowed Claim.
On each ensuing Semi- Annual Distribution Date, each holder of an Allowed Class 9A: SWINC Equity Interest shall receive its Pro Rata share (as may be diluted by Allowed Class 8A: SWINC Securities Claims) of the remaining Available Cash paid to the Consolidated SWINC Estate as the remaining liquidation preference with respect to the SWINC New Series A Preferred Stock.
If distributions are to be made in annual installments, the second installment and all those thereafter will be made on the applicable Annual Distribution Date after the anniversary of the Participant’s Separation from Service.
Thereafter, on each Semi- Annual Distribution Date, distributions of a holder's Class 6 Pro Rata Share of the Creditor Stock Pool will be made to each holder of a Class 6 Claim other than a Subordinated Noteholder Claim whose Claim has been Allowed (as certified by the Estate Representative to the Exchange Agent) since the preceding Semi- Annual Distribution Date (or, with respect to the first Semi-Annual Distribution Date, since the Effective Date).
The benefit under this Section 3.1 is the portion Deferral Account balance which includes the Annual Deferred Amount with Interest, determined as of the Normal Annual Distribution Date.
On each ensuing Semi- Annual Distribution Date, each holder of an Allowed Class 7A SWINC Subordinated Claim shall receive its Pro Rata share of the Semi-Annual Class 7A Distribution Amount.
Notwithstanding any provision of this Plan to the contrary, the amount of a Participant's Short Term Deferral (as adjusted for income, gain or loss) shall be distributed in the form of a single-sum payment as of the Determination Date that coincides with or immediately follows the Annual Distribution Date designated by such Participant on his or her Schedule A.