Allocation of Distributions Between Principal and Interest. All distributions in respect of any Allowed General Unsecured Claim shall be allocated first to the principal amount of such Allowed General Unsecured Claim, as determined for federal income tax purposes, and thereafter, to the remaining portion of such Allowed General Unsecured Claim, if any.
Appears in 8 contracts
Samples: Liquidation Company Guc Trust Agreement (Motors Liquidation Co), Liquidation Company Guc Trust Agreement (Motors Liquidation Co), Guc Trust Agreement (Motors Liquidation Co)
Allocation of Distributions Between Principal and Interest. All deemed distributions (including deemed transfers pursuant to Section 7.1(b)(i)) in respect connection with the allowance of any Allowed General Unsecured Claim shall be allocated first to the principal amount of such Allowed General Unsecured Claim, as determined for federal income tax purposes, and thereafter, to the remaining portion of such Allowed General Unsecured Claim, if any.
Appears in 2 contracts
Samples: Avoidance Action Trust Agreement (Motors Liquidation Co), Motors Liquidation Company Avoidance Action Trust Agreement
