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.
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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).
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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.
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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 the dividend paid by the Term Borrower to Expedia on the Effective Date in an amount not to exceed US$450,000,000.
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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.
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Effective Date Distribution as defined in the recitals to this Agreement.
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Effective Date Distribution means the Distribution of Distributable Cash by the Responsible Person to Holders of allowed Class 5 PSA Unsecured Claims, allowed Class 6 General Unsecured Claims and allowed Class 7 Prepetition Lender Deficiency Claims on the Effective Date.
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Effective Date Distribution means the distributions described in Section 9.10.3 hereof.
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Related to Effective Date Distribution

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

  • First Distribution Date Aggregate Original Principal [DATE] Balance of all Class A-R Certificates: $________ Cut-off Date: [DATE] Number 98-[ ]-A-R-1 Certificate Rate: ___% MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATE Series [ ] evidencing an ownership interest in distributions allocable to the Residual Interest Certificates with respect to a pool of conventional one- to four-family first mortgage loans formed and sold by Chase Manhattan Acceptance Corporation This Certificate does not represent an obligation of or interest in Chase Manhattan Acceptance Corporation, the Servicer or the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by Chase Manhattan Acceptance Corporation, Chase Manhattan Mortgage Corporation, the Trustee or by any of their affiliates or by any governmental agency or instrumentality. NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE UNLESS THE DEPOSITOR SHALL HAVE RECEIVED EITHER (i) A REPRESENTATION LETTER FROM THE TRANSFEREE OF THIS CERTIFICATE TO THE EFFECT THAT SUCH TRANSFEREE EITHER (A) IS NOT AN EMPLOYEE BENEFIT PLAN (A "PLAN") WITHIN THE MEANING OF SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), AND IS NOT DIRECTLY OR INDIRECTLY PURCHASING ANY CERTIFICATE ON BEHALF OF, AS INVESTMENT MANAGER OF, AS NAMED FIDUCIARY OF, AS TRUSTEE OF OR WITH ASSETS OF A PLAN OR, IN THE CASE OF AN INSURANCE COMPANY, THE ASSETS OF ANY SEPARATE ACCOUNTS TO EFFECT SUCH ACQUISITION OR (B) THE SOURCE OF FUNDS FOR THE PURCHASE OF THE CERTIFICATES IS AN "INSURANCE COMPANY GENERAL ACCOUNT" WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 ("PTCE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995), AND THE CONDITIONS SET FORTH IN SECTION I AND SECTION III OF PTCE 95-60 ARE SATISFIED WITH RESPECT TO THE PURCHASE AND HOLDING OF THE CERTIFICATES, OR (ii) IF THIS CERTIFICATE IS PRESENTED FOR REGISTRATION IN THE NAME OF A PLAN SUBJECT TO TITLE I OF ERISA, OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING THE ASSETS OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, AN OPINION OF COUNSEL TO THE EFFECT THAT THE PURCHASE OR HOLDING OF THIS CERTIFICATE WILL NOT RESULT IN THE ASSETS OF THE TRUST FUND BEING DEEMED TO BE "PLAN ASSETS" PURSUANT TO THE DEPARTMENT OF LABOR PLAN ASSET REGULATIONS SET FORTH IN 29 C.F.R. ss.2510.3-101 AND TO BE SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF ERISA OR THE PROHIBITED TRANSACTION PROVISIONS OF THE CODE, WILL NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF SECTION 406 OR SECTION 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT THE TRUSTEE, THE SERVICER, THE COMPANY OR ANY OF THEIR AFFILIATES TO ANY OBLIGATION OR LIABILITY (INCLUDING OBLIGATIONS OR LIABILITIES UNDER ERISA OR SECTION 4975 OF THE CODE) RELATING TO THE CERTIFICATES.

  • 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:

  • Class A-2 Final Scheduled Distribution Date means the Distribution 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 Tradeable Shares pursuant to Section 5.2(b) on the earlier of the Final Scheduled Termination Date or an Early Termination Date.

  • 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.