Undeliverable Distribution definition

Undeliverable Distribution means any distribution under the Plan on account of an Allowed Claim or Allowed Interest to a Holder that has not: (a) accepted a particular distribution or, in the case of distributions made by check, negotiated such check; (b) given notice to the Debtors of an intent to accept a particular distribution; (c) responded to the Debtors’ requests for information necessary to facilitate a particular distribution; or (d) taken any other action necessary to facilitate such distribution.

Undeliverable Distribution means a Distribution that was returned to the Reorganized Debtor as undeliverable, and which shall be deemed an Undeliverable Distribution on the date that such Distribution was returned.

Undeliverable Distribution means any distribution under the Plan on account of an Allowed

Examples of Undeliverable Distribution in a sentence

• No interest is payable in respect of an Undeliverable Distribution.

• No interest shall be payable in respect of an Undeliverable Distribution.

• Nothing contained in the Plan shall require SFC, the Monitor, SFC Escrow Co. or any other Person to attempt to locate any owner of an Undeliverable Distribution.

• The Proposal Trustee's obligations to the Affected Creditor relating to any Undeliverable Distribution will expire six months following the date of delivery or mailing of the cheque or other distribution, after which date the Proposal Trustee's obligations under this Proposal in respect of such Undeliverable Distribution will be forever discharged and extinguished, and the amount that the Affected Creditor was entitled to be paid under the Proposal shall be distributed to the Proposal Sponsor.

• If the holder fails to comply with such a request within six (6) months, such distribution shall be deemed an Undeliverable Distribution.

More Definitions of Undeliverable Distribution

Undeliverable Distribution means any Distribution with respect to which the County tenders a distribution check and that distribution check is returned as undeliverable.

Undeliverable Distribution means a Distribution of New Common Stock or Cash that is returned to the Reorganized Debtors as undeliverable or is otherwise unclaimed for one year after the date such Distribution was made.

Undeliverable Distribution means a Distribution of Cash that is returned to the Debtor as undeliverable or is otherwise unclaimed for ninety (90) days after the date such Distribution was made.

Undeliverable Distribution means any distribution under this Plan on account of an Allowed Claim to a holder that has not: (i) accepted a particular distribution or, in the case of distributions made by check, negotiated such check; (ii) responded to the Distribution Agent’s requests for information necessary to facilitate a particular distribution; or (iii) taken any other action necessary to facilitate such distribution.

Undeliverable Distribution means any distribution under the Plan on account of an Allowed Claim to a Holder that is returned to the Distribution Agent as undeliverable or is otherwise unclaimed.

Undeliverable Distribution means a distribution to a creditor that is returned undeliverable from the address set forth in such creditor’s proof of claim or, if such creditor has notified the Debtor in writing of a new address for such creditor, from such new address.

Undeliverable Distribution means any Distribution under the Plan on account of an Allowed Claim that has been returned as undeliverable or for which no address for such Holder has been provided to the Liquidation Trustee or found after a reasonable search for such address.