De Minimis Distributions Sample Clauses

De Minimis Distributions. No distribution shall be made if the amount to be distributed to the specific Holder of a Beneficial Interest on the particular Quarterly Distribution Date does not constitute a final distribution to such Holder and is or has an economic value less than $250.
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De Minimis Distributions. The Liquidating Trustee shall not be required to make any distribution, except on the Final Distribution Date, (i) to any Beneficiaries if the aggregate amount of such distribution is less than $5,000,000 or (ii) to any Beneficiary if the amount to be distributed is $5.00 or less. If a Beneficiary does not receive a distribution due to the provisions of this paragraph on any Distribution Date, then the Claim (so long as it is an Allowed Claim) will remain eligible for distributions on any subsequent Distribution Date, subject to the provisions of this paragraph. In all events, the holders of Allowed Claims which have not received a distribution on any previous Distribution Dates because of this provision, will receive such distribution on the Final Distribution Date.
De Minimis Distributions. No cash payment of less than $50.00 shall be required to be made on account of any Allowed General Unsecured Claim of any Liquidation Trust Beneficiary until the date of the final distribution to Liquidation Trust Beneficiaries pursuant to this Trust Agreement.
De Minimis Distributions. Notwithstanding any provision in the Plan or this Agreement to the contrary, no payment of less than twenty-five dollars ($25.00) shall be made on account of any Allowed Claim or Allowed Equity Interest. All Distributions not made pursuant to this Article 6.17 shall be treated as Unclaimed Distributions and are subject to Article 6.8 hereof.
De Minimis Distributions. No distribution shall be required to be made hereunder to any Beneficiary, unless such entity is entitled to receive, in any distribution from the Trust, at least $100.00. Any holder of a Millennium Custodial Trust Interest on account of which the amount of cash to be distributed pursuant to any distribution from the Trust is less than $100.00 shall be deemed to have no claim for such distribution against the Trust or the Millennium Trust Assets. Any cash not distributed pursuant to this Section 9.4 shall be the property of the Trust.
De Minimis Distributions. No Cash payment shall be made to any holder of a Liquidating Trust Interest until such time, if ever, as the amount payable thereto, in any distribution from the Liquidating Trust, is equal to or greater than ten dollars ($10.00). Any holder of a Liquidating Trust Interest on account of which the amount of Cash to be distributed pursuant to any distribution from the Liquidating Trust is less than ten dollars ($10.00) shall be deemed to have no claim for such distribution against the Debtors, the Reorganized Debtors, the Liquidating Trust or the Liquidating Trust Assets. Subject to Section 4.6 hereof, any Cash not distributed pursuant to this
De Minimis Distributions. In the event the value of a Participant's account does not exceed the dollar limit under Section 411(a)(11)(A) of the Code, there has been no prior distribution under this paragraph, and no amounts were deferred to the account during the two year period ending on the date of distribution, the Participant may elect to receive a lump sum distribution of the balance payable as soon as practicable after the Plan Administrator receives the Participant’s request.
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De Minimis Distributions. After a participant terminates employment and is eligible for a distribution, Fidelity will determine whether the vested account balance exceeds $5,000, exceeded $5,000 at any prior distribution or in-service withdrawal date in the account history at Fidelity, or exceeds $5,000 at the end of the warning period (at least 30 days, but not more than 70 days, from the determination date). If not, Fidelity will process a mandatory and immediate cashout, subject only to the requirement to offer a rollover opportunity. The $5,000 threshold will increase or decrease as the IRS may from time to time amend this threshold in Internal Revenue Code Section 411(a)(11).
De Minimis Distributions. Notwithstanding any other provision of the Plan, other Plan Documents, or this Agreement, the Plan Administrator shall not have an obligation to make Distributions or payments of fractions of dollars, and whenever any payment of a fraction of a dollar under the Plan would otherwise be called for, the actual payment made shall reflect a rounding of such fraction to the nearest whole dollar (up or down), with half dollars being rounded down. No Cash payment of less than $50.00 shall be made to the holder of any Claim.
De Minimis Distributions. Notwithstanding anything to the contrary contained in the Plan or this Trust Agreement, the Liquidating Trustee shall not be required to distribute Cash to the holder of an Allowed Claim or Interest if the amount of cash to be distributed on account of such Claim is less than $25. Any holder of an Allowed Claim on account of which the amount of Cash to be distributed is less than $25 shall have such Claim discharged and shall be forever barred from asserting any such Claim against the Debtors, the Liquidating Trust, or their respective property. Any Cash not distributed pursuant to this provision shall be the property of the Liquidating Trust, free of any restrictions thereon.
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