Distribution Agent definition

Distribution Agent shall refer to the Trustee acting in its capacity as distribution agent pursuant to Section 5.05 herein."
Distribution Agent means, as applicable, the Reorganized Debtors or any Entity the Reorganized Debtors select to make or to facilitate distributions in accordance with the Plan.
Distribution Agent means Computershare Trust Company, N.A.

Examples of Distribution Agent in a sentence

  • Neither the Distribution Agent nor the broker-dealers through which the aggregated fractional shares of SpinCo Class A Common Stock are sold shall be Affiliates of Comcast or SpinCo. Recipients of cash in lieu of fractional shares of SpinCo Class A Common Stock will not be entitled to any interest on the amounts of payments made in lieu of such fractional shares.

  • At or prior to the Distribution Time, Comcast shall enter (or shall have entered) into a distribution agent agreement with the Distribution Agent or otherwise provide instructions to the Distribution Agent regarding the Distribution.

  • Following the Distribution Date, SpinCo agrees to provide all book-entry transfer authorizations for shares of SpinCo Class A Common Stock that Comcast or the Distribution Agent shall require (after giving effect to ‎Section 3.03(a)), and record the holders of record of SpinCo Class B Common Stock on SpinCo’s books and records, in each case, in order to effect the Distribution.

  • The Distribution Agent will be directed to determine (based on the aggregate number of shares held by each such holder of Comcast Class A Common Stock) the number of whole shares and the fractional share of SpinCo Class A Common Stock allocable to each holder of Comcast Class A Common Stock as of the Record Date.


More Definitions of Distribution Agent

Distribution Agent means American Stock Transfer & Trust Company, LLC.
Distribution Agent means the trust company or bank duly appointed by Parent to act as distribution agent, transfer agent and registrar for the SpinCo Shares in connection with the Distribution.
Distribution Agent means the Debtors or any Entity or Entities chosen by the Debtors, which Entities may include the Notice and Claims Agent, to make or to facilitate distributions required by the Plan.
Distribution Agent has the meaning set forth in Section 4.1.
Distribution Agent means the Trustee acting in its capacity as distribution agent pursuant to Section 6.04 herein.
Distribution Agent shall have the meaning set forth in Section 3.1.
Distribution Agent means Computershare Investor Services.