Examples of Excess Distribution Amount in a sentence
The Offeror hereby offers to purchase, on and subject to the following terms and conditions, all of the outstanding Units, including Units which become outstanding on the exercise of outstanding Options or other rights to purchase Units at a price of $16.25 in cash per Unit less any Excess Distribution Amount.
The 25th day of each month in which a Special Excess Distribution Amount is required to be distributed to Holders of Book-Entry Securities backed by Ginnie Mae Multifamily Certificates or, if the 25th day is not a Business Day, the first Business Day thereafter.
On the Effective Date, or as soon thereafter as practicable, the Debtors shall depositBTB or Silca, as designated by both BTB and Silca at or before the commencement of the Confirmation Hearing, shallr eceive Cash in the amount of the PDVSA Excess Distribution Amount, withinterest for the Post-Effective Date Periodc alculated at the rate applicable to the PDVSA Claim, into the Disputed Claims Reserve.
Notwithstanding anything to the contrary in this paragraph, if an Unstayed Order proscribes the foregoing treatment, the Debtors shall pay the PDVSA Excess Distribution Amount into the PDVSA Excess Escrow.