Interim Distribution definition

Interim Distribution means any Distributions made in the ordinary course of business of the subject entity and not in connection with a Liquidation Distribution.

Interim Distribution means any interim distribution by CFGI and/or Copeinca using Excess Cash to satisfy a portion of the due and outstanding amounts with respect to the Notes and the Club Loans, as approved by the Bankruptcy Court pursuant to sections 105(a) and 363(b) of the Bankruptcy Code and Rules 2002 and 6004 of the Federal Rules of Bankruptcy Procedure and which, for the avoidance of doubt, does not include any amounts which the Notes Trustee and/or Club Loan Agent may deduct from the distribution to satisfy the amounts owed to them and is not used to satisfy the principal or interest outstanding in respect of the Notes and Club Loans.

Interim Distribution means a distribution specified as an Interim Distribution in a Deferral Agreement.

Examples of Interim Distribution in a sentence

• Distributions to Creditors of the Participating CCAA Parties, including to the Pension Plan Administrator in respect of the Pension Claims, will commence on the Interim Distribution Date.

• Distribution Calculation Date means the last day of each Tax Year or each Interim Distribution Period.

• However, no Interim Distribution shall be stated in a Deferral Agreement or paid to any Participant as a result of the Deferral Agreement if the Participant is age fifty-five (55) or older on any day during the Plan Year to which the Deferral Agreement applies.

• Chapter 7—Distributions.‌ (a) Interim Distribution to Nonprofessional Unsecured Creditors.

• Such amount(s) shall be measured on the applicable Interim Distribution Date and shall be payable within thirty (30) days of such Interim Distribution Date.

More Definitions of Interim Distribution

Interim Distribution means any distribution of a portion of the Cash Election Payment Amounts and Class 5 Distribution Shares to holders of Eligible Allowed

Interim Distribution means the amount or amounts determined by the Manager to be distributed under clause 16.3.

Interim Distribution shall have the meaning set forth in Section 2.07.

Interim Distribution means the distribution made pursuant to Section 4.3 of the Plan;

Interim Distribution means a distribution pursuant to clause 15 out of or with respect to Distributable Income as determined by the Responsible Entity accruing during or with respect to an Interim Distribution Period.

Interim Distribution has the meaning given to such term in Section 5.1(c); “Internal Costs” means:

Interim Distribution means a distribution under Section 7.