Subsequent Distribution definition
Examples of Subsequent Distribution in a sentence
Litigation Entitlements shall be distributed to Admitted Group Creditors in accordance with Clause 12 (Post-Restructuring Litigation Recoveries), subject to such Admitted Group Creditor first complying with the Initial Distribution Requirements or the Subsequent Distribution Requirements (as applicable).
With respect to the Series C Coupon Conversion Quarter and all Quarters thereafter, the Series C Quarterly Distributions shall be paid with respect to each Outstanding Series C Preferred Unit entirely in cash at the applicable Series C Subsequent Distribution Rate per Series C Preferred Unit.
Checks issued pursuant to the Subsequent Distribution will be valid for one-hundred twenty (120) days from the date on the check.
WDC shall, in its sole and absolute discretion, determine whether to effectuate a Subsequent Distribution through one or more Clean-Up Distributions, Debt Exchanges or combination thereof.
Quest, solely in its capacity as the Plan Administrator, agrees to make the required Plan Distributions specified under the Plan on the Initial Distribution Date or Subsequent Distribution Dates, as the case may be, under the Plan, except for such distributions to be made by the Contingent Value Vehicle.