Examples of Unclaimed Distributions in a sentence
Delivery of Distributions and Undeliverable or Unclaimed Distributions 1.
Delivery of Distributions and Undeliverable or Unclaimed Distributions.
Any such Unclaimed Distributions shall, as soon as is practicable, be redistributed pursuant to the provisions of the Plan.
After such date, all Unclaimed Distributions shall revest in the applicable Reorganized Debtor automatically and without need for a further order by the Bankruptcy Court (notwithstanding any applicable federal, provincial or state escheat, abandoned, or unclaimed property laws to the contrary) and, to the extent such Unclaimed Distribution is comprised of New DNR Equity, such New DNR Equity shall be canceled.
If no such request is timely received, all Cash attributable to such holders shall be treated under the Plan as Unclaimed Distributions.