Common use of Date of Distributions Clause in Contracts

Date of Distributions. Any distributions and deliveries to be made hereunder shall be made on the Consummation Date or as soon as practicable thereafter. In the event that any payment or act under this Plan of Reorganization is required to be made or performed on a date that is not a Business Day, then the making of such payment or the performance of such act may be completed on the next succeeding Business Day, but shall be deemed to have been completed as of the required date.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Andrews Group Inc /De/), Stock Purchase Agreement (Andrews Group Inc /De/)

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Date of Distributions. Any Except as otherwise provided herein, any and all distributions and deliveries to be made hereunder shall be made on the Consummation Date Effective Date, as soon thereafter as is practicable or as soon as practicable thereafterotherwise determined in accordance with the Plan. In the event that any payment or act under this the Plan of Reorganization is required to be made or performed on a date that is not a Business Day, then the making of such payment or the performance of such act may be completed on or as soon as reasonably practicable after the next succeeding Business Day, but shall be deemed to have been completed as of the required date.

Appears in 1 contract

Samples: Investment Agreement (Lodgenet Interactive Corp)

Date of Distributions. Any Unless otherwise provided herein, any distributions and deliveries to be made hereunder shall be made on the Consummation Effective Date or as soon thereafter as practicable thereafteris practicable, provided that the Reorganized Debtors may utilize periodic distribution dates to the extent appropriate. In the event that any payment or act under this Plan of Reorganization is required to be made or performed on a date that is not a Business Day, then the making of such payment or the performance of such act may be completed on or as soon as reasonably practicable after the next succeeding Business Day, but shall be deemed to have been completed as of the required date.

Appears in 1 contract

Samples: Stock Purchase and Backstop Agreement (Deutsche Bank Ag\)

Date of Distributions. Any distributions and deliveries to be made hereunder shall be made on the Consummation Date or as soon as practicable thereafterthereafter and deemed made on the Consummation Date. In the event that any payment or act under this Plan of Reorganization is required to be made or performed on a date that is not a Business Day, then the making of such payment or the performance of such act may be completed on the next succeeding Business Day, but shall be deemed to have been completed as of the required date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Toy Biz Inc)

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Date of Distributions. Any Except as otherwise provided herein, any distributions and deliveries to be made hereunder shall be made on the Consummation Effective Date or as soon thereafter as practicable thereafteris reasonable practicable. In the event that any payment or act under this the Plan of Reorganization is required to be made or performed on a date that is not a Business Day, then the making of such payment or the performance of such act may be completed on the next succeeding Business Day, but shall be deemed to have been completed as of the required date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Panolam Industries International Inc)

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