Effective Date Distribution definition

Effective Date Distribution means the distribution by the Borrower to Holdings of the net proceeds from the Loans disbursed on the Effective Date, which net proceeds will be further distributed by Holdings to its parent and further distributed to certain indirect equity holders of Holdings.
Effective Date Distribution means the dividend paid by the Term Borrower to Expedia on the Effective Date in an amount not to exceed US$450,000,000.
Effective Date Distribution means the distribution within three Business Days following the Senior Notes Release Effective Date by the Borrower to Arconic and/or a subsidiary of Arconic, to be made with up to (x) $700,000,000 of the Net Proceeds of the Term Loans and the Senior Notes and (y) cash on hand of the Borrower and its Subsidiaries, in an aggregate amount not to exceed such amount as will, as reasonably determined in good faith by Arconic and the Borrower, result in the aggregate amount of cash and cash equivalents of the Borrower and its Subsidiaries that are generated in the ordinary course of business or from the proceeds of the Term Loans and the Senior Notes and as described in the Effective Date Form 10 being equal to $500,000,000 (the “Borrower Cash Balance”), together with any subsequent distribution made on or prior to April 17, 2020, to the extent that the Borrower Cash Balance, after giving effect to such initial distribution, exceeded $500,000,000, in an amount not to exceed the amount of such excess.

Examples of Effective Date Distribution in a sentence

  • Exhibit A to the Plan Supplement shall include an estimate of fees and expenses for Professionals, including all retainers, holdbacks and fees and expenses accrued through the Effective Date in order to permit there to be an Effective Date Distribution.

  • The Responsible Person shall make the Effective Date Distribution and each Subsequent Distribution of Distributable Cash.

  • Any Allowed Cure Claim relating to the assumption of executory contracts or leases pursuant to the Plan shall be paid in full from the Effective Date Distribution to the extent Finally Determined as of the Effective Date, or, to the extent thereafter, from an Interim Distribution or Subsequent Distribution by the Liquidating Trustee or Plan Administrator.

  • The Liquidating Trustee shall make the Effective Date Distribution and each Subsequent Distribution of Distributable Cash.

  • The balance, if any, of the Capmark Retainer in excess of the Fee Amount shall be applied as a setoff to the amount of the Effective Date Distribution otherwise payable on account of the Capmark Claim.

  • Distributions to Holders of the NYSDOTF Claims other than the Effective Date Distribution or the Quarterly Distributions shall be made by the Trust, at Debtor’s sole discretion.

  • Each Holder of an Allowed Consolidated Holdco Convenience Claim in Class 7 H shall receive the lesser of (a) sixty-five percent (65%) of the Holder’s Allowed Class 7 H Convenience Claim in one Cash payment as part of the Effective Date Distribution fromConsolidated Holdco or (b) their Pro Rata Share of One Million Five Hundred Thousand Dollars ($1,500,000), or such other, less favorable treatment as is agreed upon by Consolidated Holdco and the Holder of such Consolidated Holdco Convenience Claim.

  • The Hub Director may consult with other HUD staff, including the HUD Closing Attorney, prior to endorsing the credit instrument.

  • Distributions to Holders of the NYSDOTF Sales Tax and IRS Claims other than the Effective Date Distribution or the Quarterly Distributions shall be made by the Debtor.

  • The proceeds of the Loans and the Letters of Credit have been and will be used solely for (a) the payment, in part or in full, of the Effective Date Distribution and (b) the general corporate purposes of Parent and the Subsidiaries, including working capital, capital expenditures and acquisitions.


More Definitions of Effective Date Distribution

Effective Date Distribution means a one-time Restricted Payment in an aggregate amount not to exceed $20,500,000 made by the Borrower to the holders of its Equity Interests at any time during the period from and including the Effective Date through and including May 1, 2018, made in compliance with the requirements of Section 9.3(c).
Effective Date Distribution means the Distribution of Distributable Cash by the FairfieldFFR Trust to Holders of Class 2.A Capmark Claims and Class2.B General Unsecured Claims on the Effective Date.
Effective Date Distribution means the distributions described in Section 9.10.3 hereof.
Effective Date Distribution as defined in the recitals to this Agreement.

Related to Effective Date Distribution

  • Initial Distribution means the distribution made to holders of Allowed Class C-4 Claims on the Distribution Date.

  • Initial Distribution Date means the date occurring as soon as reasonably practicable after the Effective Date when distributions under the Plan shall commence.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • First Distribution Date Initial Certificate Principal Balance of this May 27, 2003 Certificate as of the Cut-off Date: $___________ Master Servicer: Wells Fargo Bank Mixxxxxta, National Association CUSIP: ___________ Assumed Final Distribution Date: ___________ ASSET-BACKED CERTIFICATE SERIES 2003-AC2 This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator referred to below or any of their affiliates or any other person. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental entity or by Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator or any of their affiliates or any other person. None of Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced hereby in the beneficial ownership interest of Certificates of the same Class as this Certificate in a trust (the "Trust Fund") generally consisting of conventional first lien, fixed rate mortgage loans secured by one- to four- family residences, units in planned unit developments and individual condominium units (collectively, the "Mortgage Loans") sold by Bear Stearns Asset Backex Xxxxxities, Inc. ("BSABS"). The Mortgage Loans were sold by EMC Mortgage Corporation

  • Final Distribution Date The Distribution Date on which the final distribution in respect of the Certificates is made pursuant to Section 9.01.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • Incremental Effective Date has the meaning specified in Section 2.15(c).

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • Class A-3 Final Scheduled Distribution Date means January 15, 2021.

  • Final Distribution means any distribution made in redemption of all or a portion of the Up-MACRO Holding Shares pursuant to Section 5.2(a) or 5.2(c) on the Final Scheduled Termination Date, an Early Termination Date or a Redemption Date.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.

  • Class A-4 Final Scheduled Distribution Date means January 17, 2023.

  • Effective date of enrollment means the first date when an en- rollee is entitled to receive covered benefits.

  • Plan Effective Date means the “Effective Date” as defined in the Plan of Reorganization.

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.