Common use of Minimum Distributions Clause in Contracts

Minimum Distributions. No fractional units of New Equity shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim would otherwise result in the issuance of an amount of units of New Equity that is not a whole number, the actual distribution of shares of New Equity shall be rounded as follows: (a) fractions of one‑half (½) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefor. The total number of units of New Equity to be distributed to holders of Allowed Claims hereunder shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Equity Preferred Stock or New Common Stock shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest (as applicable) would otherwise result in the issuance of an amount a number of units shares of New Equity Preferred Stock or New Common Stock that is not a whole number, the actual distribution of shares of New Equity Preferred Stock or New Common Stock shall be rounded as follows: (a) fractions of one‑half (½) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of units authorized shares of New Equity Preferred Stock or New Common Stock to be distributed to holders of Allowed Claims hereunder and Allowed Interests (as applicable) shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Equity Interests shall be distributed distributed, and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the this Plan on account of an Allowed Claim or Allowed Equity Interest, as applicable, would otherwise result in the issuance of an amount a number of units shares of New Equity Interests that is not a whole number, the actual distribution of shares of New Equity Interests shall be rounded as follows: (a) fractions of one‑half one-half (½) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of units authorized shares of New Equity Interests to be distributed to holders of Allowed Claims hereunder under this Plan shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim4.

Minimum Distributions. No fractional units shares of New Equity Common Stock shall be distributed distributed, and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an applicable Allowed Claim or Allowed Interest would otherwise result in the issuance of an amount a number of units shares of New Equity Common Stock that is not a whole number, the actual distribution of shares of the New Equity Common Stock shall be rounded as follows: ; (a) fractions of one‑half one-half (½1/2) or greater shall be rounded to the next higher highest whole number and (b) fractions of less than one-half (½1/2) shall be rounded to the next lower whole number with no further payment therefor. The total number of units authorized shares of New Equity to be distributed to holders of Allowed Claims hereunder Common Stock shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Equity Interests or Warrants shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest (as applicable) would otherwise result in the issuance of an amount a number of units shares of New Equity Interests or Warrants that is not a whole number, the actual distribution of shares of New Equity Interests or Warrants shall be rounded as follows: (a) fractions of one‑half one-half (½) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of units authorized shares of New Equity Interests or Warrants to be distributed to holders Holders of Allowed Claims hereunder shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Common Equity shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest would otherwise result in the issuance of an amount a number of units shares of New Common Equity that is not a whole number, the actual distribution of shares of New Common Equity shall be rounded as follows: (a) fractions of one‑half one-half (½1/2) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½1/2) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of units authorized shares of New Common Equity to be distributed to holders of Allowed Claims hereunder and Allowed Interests shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Equity Common Stock shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim would otherwise result in the issuance of an amount a number of units shares of New Equity Common Stock that is not a whole number, the actual distribution of shares of New Equity Common Stock shall be rounded as follows: (a) fractions of one‑half one-half (½) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefor. The total number of units authorized shares of New Equity Common Stock to be distributed to holders Holders of Allowed Claims (or their Permitted Designees) hereunder shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Equity Interests shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest (as applicable) would otherwise result in the issuance of an amount a number of units shares of New Equity Interests that is not a whole number, the actual distribution of shares of New Equity Interests shall be rounded as follows: (a) fractions of one‑half one-half (½1⁄2) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½1⁄2) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of units authorized shares of New Equity Interests to be distributed to holders of Allowed Claims hereunder under the Plan shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.