Examples of Initial Distribution Record Date in a sentence
In the event that a General Unsecured Creditor Claim remains in dispute and such dispute is not finally resolved as of the Initial Distribution Record Date pursuant to the Claims Process Order or otherwise (a “Disputed General Unsecured Creditor Claim” which shall include, without limitation, the Disputed General Unsecured Creditor Claim of Stillwater Supply Corp.
Coalspur and the Monitor shall not be obligated to deliver any distributions under this Plan to any transferee of the whole of an Affected Claim unless a Proof of Assignment has been delivered to the Monitor no later than the Initial Distribution Record Date.
All requirements must be completed, and paperwork received thirty days prior to the month of graduation to allow adequate time for processing.
Thereafter, distributions on account of Affected Claims that are determined to be Proven Claims after the Initial Distribution Record Date shall be made on the Interim Distribution Date or the Final Distribution Date and in accordance with Article 5 and Article 7.
To the extent that Disputed Claims become Proven Claims after the Initial Distribution Record Date, the Monitor, in its capacity as Disbursing Agent, shall on the applicable Interim Distribution Date or the Final Distribution Date, distribute from the Applicants Reserve to the Holders of such Proven Claims, the shares of New ABH Common Stock which they would have been entitled to receive in respect of such Proven Claims had such Affected Claims been Proven Claims on the Initial Distribution Record Date.