Distribution of Settlement Proceeds Sample Clauses

Distribution of Settlement Proceeds. (a) Within thirty (30) days after the Effective Date, the Settlement Administrator shall make a determination as to the amounts owed to each Settlement Class Member and shall issue checks to each Settlement Class Member to whom a payment is owed.
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Distribution of Settlement Proceeds. Xxxx and his attorneys are solely responsible for distribution of all settlement proceeds in accordance with state law, federal law, the order of the Panel or a Court, and the agreement between Xxxx and his counsel.
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Distribution of Settlement Proceeds. 3.1 Any distribution of monies or funds from the Xxxxxx Settlement Account shall be in accordance with a Plan of Allocation and Distribution approved by the Court. All distributions are subject to the terms of paragraph 3.3 below. The Defendants and the Affiliates of Defendants shall not be responsible or liable for any aspect of the allocation methodology or the Plan of Allocation and Distribution implementing that methodology.
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Distribution of Settlement Proceeds. The Court will appoint a Claims Administrator responsible for the distribution of settlement proceeds in accordance with a protocol to be developed by and the Claims Administrator and approved by the Court, after notice and an opportunity to be heard has been afforded to Class Counsel, class members, private counsel for class members and all other interested parties.
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Distribution of Settlement Proceeds. (a) Following the Effective Date, the Settlement Administrator shall utilize the allocated share of the Net Settlement Fund as calculated in accordance with the Plan of Allocation and Distribution Schedule as provided above, and issue checks to those Class Members to whom a payment is owed.
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Related to Distribution of Settlement Proceeds

  • Distribution of Liquidation Proceeds Subject to the terms and conditions hereof, the Administrative Agent shall distribute all Liquidation Proceeds in the order and manner set forth below:

  • Liquidating Distribution In the event of the dissolution of the Partnership for any reason, the Partnership assets shall be liquidated for distribution in the following rank and order:

  • Distribution of Collateral Proceeds In the event that, following the occurrence and during the continuance of any Event of Default, any monies are received in connection with the enforcement of any of the Loan Documents, or otherwise with respect to the realization upon any of the Collateral or other assets of the Borrower or the Guarantors, such monies shall be distributed for application as follows:

  • Death During Distribution of a Benefit If the Executive dies after any benefit distributions have commenced under this Agreement but before receiving all such distributions, the Bank shall distribute to the Beneficiary the remaining benefits at the same time and in the same amounts they would have been distributed to the Executive had the Executive survived.

  • Liquidating Distributions Notwithstanding anything to the contrary in this Article VII or in Section 8.3 of the Master Agreement, upon the sale of the Property or the dissolution and liquidation of the Series in accordance with the provisions of this Agreement and of Section 8.3 of the Master Agreement, the proceeds of liquidation of the Series or the sale of the Property will be distributed within ninety (90) days of the date of sale of the Property or the dissolution and liquidation in the following order and priority:

  • Distribution Upon Withdrawal No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this Agreement.

  • Distribution of Proceeds In the event that, following the occurrence and during the continuance of any Event of Default, any monies are received in connection with the enforcement of any of the Loan Documents, or otherwise with respect to the realization upon any of the assets of the Borrower or the Guarantors, such monies shall be distributed for application as follows:

  • Distribution of Funds Deliver (i) to Seller, or order, the cash portion of the Purchase Price, adjusted for prorations, charges and other credits and debits provided for herein; and (ii) to Buyer, or order, any excess funds delivered to Escrow Agent by Buyer. Such funds shall be delivered by wire transfer or cashier’s check in accordance with instructions for Seller and Buyer; if no instructions are given, Escrow Agent shall deliver such funds by Escrow Agent’s check via overnight courier (or as otherwise requested by the intended recipient) to the appropriate party at the address set forth for notice in this Agreement.

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