Pro Rata Distribution definition

Pro Rata Distribution means an optional Distribution made in accordance with section 4.03(c), 4.04(e), or 4.04(i) of the Plan. Each Creditor entitled to receive a portion of a Pro Rata Distribution shall receive such Creditor’s Pro Rata Share of such Distribution.

Pro Rata Distribution means the Distribution per dollar of Total Damages;

Pro Rata Distribution has the meaning set forth in Section 5(b).

Examples of Pro Rata Distribution in a sentence

• Holders of Allowed Class 6 Claims will receive a Pro Rata Distribution from the GeneralUnsecured Claims Pool on the GUC Payment Date.

• Pro Rata Distribution When the Amended Plan provides for Pro Rata distribution, the consideration to be distributed under the Plan shall be divided Pro Rata among the holders of Allowed Claims or Allowed Interests of the relevant Class.

• The performance criteria set forth in any such CPU or Xxxx Xxxx Award Agreement shall not be deemed to have been modified by the determination of the Pro Rata Distribution Payment except to the extent Executive waives future payments pursuant to the last sentence of this paragraph.

• In full satisfaction, settlement, release, and compromise of and in exchange for each Other Unsecured Claim, each Holder of an Allowed Other Unsecured Claim shall receive on the Initial Distribution Date its Pro Rata Distribution of the New Series A Common Stock or, if it so elects, such Holder shall receive the Cash Election Entitlement.

• In full satisfaction, settlement, release, and compromise of and in exchange for each FDIC Non-Priority Claim, each Holder of an FDIC Non-Priority Claim shall receive on the Initial Distribution Date its Pro Rata Distribution of the New Series A Common Stock or, if it so elects, such Holder shall receive the Cash Election Entitlement.

More Definitions of Pro Rata Distribution

Pro Rata Distribution means the Distribution per dollar of Total Damages; (cc) “Public Correction” means November 13, 2020;

Pro Rata Distribution means, for each Proven Claim, an amount calculated by multiplying the Plan Support Fund Residual by the Proven Claim Residual, divided by the aggregate total of all Proven Claim Residuals;

Pro Rata Distribution means the process of applying the Allocation Formula to the Net Settlement Amount as described in Sections V.G.2, V.G.3. and IV.A.3 of this Settlement Agreement.

Pro Rata Distribution means the Distribution per Qualified Share;

Pro Rata Distribution. If the amount collected is not sufficient to satisfy the amounts referred for collection, then the amount collected shall be distributed on a pro rata basis as provided in R&TC Section 19282, subdivisions (a) and (d). This is based on a percentage equal to the current balance of each case divided by the total balance of the account.

Pro Rata Distribution means, with respect to any amount to be distributed to the Stockholders and Option Holders after the Merger, a distribution to such Stockholders and Option Holders in accordance with their respective Pro Rata Share of such amount, as set forth in the Capital Structure Certificate, which distribution is to be paid in accordance with the procedures set forth in Sections 3.4 and 3.5.

Pro Rata Distribution means an acquisition as a result of: (i) a distribution of Trust Units or a Trust Unit split or other event pursuant to which a Person receives or acquires Trust Units or Convertible Securities on the same pro rata basis as all other holders of Trust Units of the same class; or (ii) any other event pursuant to which all holders of Trust Units are entitled to receive Trust Units or Convertible Securities on a pro rata basis, including, without limiting the generality of the foregoing, pursuant to the receipt or exercise of rights issued by the Trust and distributed to all the holders of a series or class of Trust Units to subscribe for or purchase Trust Units or Convertible Securities of the Trust, provided that such rights are acquired directly from the Trust and not from any other Person.