Common use of No Distributions Pending Allowance Clause in Contracts

No Distributions Pending Allowance. No payments or distributions shall be made with respect to all or any portion of a Disputed Claim unless and until all objections to such Disputed Claim have been settled or withdrawn or have been determined by Final Order, and the Disputed Claim, or some portion thereof, has become an Allowed Claim and the remainder has become a Disallowed Claim. All objections to Claims must be filed on or before the Claims Objection Deadline.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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No Distributions Pending Allowance. No Notwithstanding any other provision of the Plan, no payments or distributions shall be made with respect to all or any portion of a Disputed Claim unless and until all objections to such Disputed Claim have been settled or withdrawn or have been determined by Final Order, and the Disputed Claim, or some portion thereof, has become an Allowed Claim and the remainder has become a Disallowed Claim. All objections to Claims must be filed on or before the Claims Objection Deadline.

Appears in 1 contract

Samples: Lockup Agreement (Philip Services Corp)

No Distributions Pending Allowance. No Notwithstanding any other provision in this Plan, no payments or distributions shall be made with respect to all or any portion of a Disputed Claim unless and until all objections to such Disputed Claim have been settled or withdrawn or have been determined by Final Order, Order and the Disputed Claim, or some portion thereof, has become an Allowed Claim and the remainder has become a Disallowed Claim. All objections to Claims must be filed on or before the Claims Objection Deadline.

Appears in 1 contract

Samples: Restructuring & Lockup Agreement (Pliant Corp)

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No Distributions Pending Allowance. No β€Œ Notwithstanding any other provision of this Plan to the contrary, no payments or distributions of any kind or nature shall be made with respect to all or any portion of a Disputed Claim unless and until all objections to such Disputed Claim have been settled or withdrawn or have been determined by Final Order, Order and the Disputed Claim, or some portion thereof, Claim has become an Allowed Claim and the remainder has become a Disallowed Claim. All objections Distributions on account of Disputed Claims that become Allowed Claims shall be made pursuant to Claims must be filed on or before the Claims Objection DeadlineSection 6.2.

Appears in 1 contract

Samples: Restructuring and Plan Support Agreement

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