Post Distribution Date Clause Samples

The "Post Distribution Date" clause defines the specific date after which certain actions or obligations related to the distribution of assets, funds, or information take effect. In practice, this clause might determine when beneficiaries can access distributed assets or when parties must fulfill post-distribution reporting requirements. Its core function is to establish a clear temporal boundary for post-distribution responsibilities, ensuring all parties understand when subsequent duties or rights commence and thereby reducing confusion or disputes regarding timing.
Post Distribution Date. WhiteWave acknowledges and agrees that from and after the Distribution Date (i) no ▇▇▇▇ Foods Group Member shall purchase or maintain, or cause to be purchased or maintained, any insurance policy for the protection of WhiteWave, its Covered Subsidiaries, any WhiteWave Group Member or any of their respective directors and officers, and (ii) the WhiteWave Group (including WhiteWave and its Covered Subsidiaries) shall purchase insurance coverage sufficient to protect its interests. From and after the Distribution Date, WhiteWave Group Members shall be entitled to pursue claims against insurance policies of the ▇▇▇▇ Foods Group with respect to occurrences on or prior to the Distribution Date, to the extent permitted under the terms of such insurance policies.
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Post Distribution Date. Freescale acknowledges and agrees that from and after the Distribution Date (i) no member of the Motorola Group will purchase or maintain, or cause to be purchased or maintained, any insurance policy for the protection of Freescale, its Covered Subsidiaries, any member of the Freescale Group or any of their respective directors and officers, and (ii) the Freescale Group (including Freescale and its Covered Subsidiaries) will purchase insurance coverage sufficient to protect its interests.
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Post Distribution Date. SpinCo acknowledges and agrees that from and after the Distribution Date (i) no member of the Manitowoc ParentCo Group will purchase or maintain, or cause to be purchased or maintained, any insurance policy for post-Distribution Date liabilities or obligations of SpinCo, any member of the SpinCo Group or any of their respective directors and officers, and (ii) the SpinCo Group, including SpinCo and its Covered Subsidiaries, will purchase insurance coverage sufficient to protect its interests.
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Post Distribution Date. Verigy acknowledges and agrees that from and after the Distribution Date (i) no member of the Agilent Group will purchase or maintain, or cause to be purchased or maintained, any insurance policy for the protection of Verigy, its Covered Subsidiaries, any member of the Verigy Group or any of their respective directors and officers, (ii) the Verigy Group (including Verigy and its Covered Subsidiaries) will purchase insurance coverage sufficient to protect its interests and (iii) no member of the Verigy Group will be entitled to pursue claims against any insurance policies of the Agilent Group.
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Post Distribution Date. Energizer shall be liable for, shall indemnify ---------------------- and hold the ▇▇▇▇▇▇▇ Group harmless against, and make payment of any Domestic Tax due which is attributable to the Energizer Group for all Tax periods beginning on or after the Distribution Date and that portion of any Tax period straddling the Distribution Date that begins on the Distribution Date and shall be entitled to any and all refunds of such Domestic Taxes for that portion of any such Tax period.
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Post Distribution Date. A-Mark ▇▇▇nowledges and agrees that from and after the Distribution Date (i) no member of the SGI Group shall purchase or maintain, or cause to be purchased or maintained, any Policies for post-Distribution Date liabilities or obligations of A‑Mark, ▇▇s Covered Subsidiaries, any member of the A-Mark ▇▇▇up or any of their respective directors and officers, and (ii) the A-Mark ▇▇▇up (including A-Mark ▇▇▇ its Covered Subsidiaries) shall purchase insurance coverage sufficient to protect its interests.
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Post Distribution Date. SpinCo acknowledges and agrees that from and after the Distribution Date (i) no member of the Motorola Group will purchase or maintain, or cause to be purchased or maintained, any insurance policy for post-Distribution Date liabilities or obligations of SpinCo, its Covered Subsidiaries, any member of the SpinCo Group or any of their respective directors and officers, and (ii) the SpinCo Group (including SpinCo and its Covered Subsidiaries) will purchase insurance coverage sufficient to protect its interests.
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Post Distribution Date. FIS acknowledges and agrees that from and after the Distribution Date (i) no member of the FNF Group will purchase or maintain, or cause to be purchased or maintained, any insurance policy for the protection of FIS, its Covered Subsidiaries, any member of the FIS Group or any of their respective directors and officers, and (ii) the FIS Group (including FIS and its Covered Subsidiaries) will purchase insurance coverage sufficient to protect its interests.
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Related to Post Distribution Date

  • Distribution Date 13 DTC...........................................................................................13

  • Final Distributions Upon the winding up of the LLC, the assets must be distributed as follows: (a) to the LLC creditors; (b) to Members in satisfaction of liabilities for distributions; and (c) to Members first for the return of their contributions and secondly respecting their LLC interest, in the proportions in which the Members share in profits and losses.

  • When Must Distributions from a ▇▇▇▇ ▇▇▇ Begin Unlike Traditional IRAs, there is no requirement that you begin distribution of your account during your lifetime at any particular age.

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Final Distribution The Issuer shall give the Indenture Trustee at least 30 days written notice of the Payment Date on which the Noteholders of any Series, Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Series, Class or Tranche specifying (i) the date upon which final payment of such Series, Class or Tranche will be made upon presentation and surrender of Notes of such Series, Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States). The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders. (a) Notwithstanding a final distribution to the Noteholders of any Series, Class or Tranche of Notes (or the termination of the Issuer), except as otherwise provided in this paragraph, all funds then on deposit in any Issuer Account allocated to such Noteholders shall continue to be held in trust for the benefit of such Noteholders, and the Paying Agent or the Indenture Trustee shall pay such funds to such Noteholders upon surrender of their Notes, if certificated. In the event that all such Noteholders shall not surrender their Notes for cancellation within 6 months after the date specified in the notice from the Indenture Trustee described in paragraph (a), the Indenture Trustee shall give a second notice to the remaining such Noteholders to surrender their Notes for cancellation and receive the final distribution with respect thereto (which surrender and payment, in the case of Bearer Notes, shall be outside the United States). If within one year after the second notice all such Notes shall not have been surrendered for cancellation, the Indenture Trustee may take appropriate steps, or may appoint an agent to take appropriate steps, to contact the remaining such Noteholders concerning surrender of their Notes, and the cost thereof shall be paid out of the funds in the Collection Account or any Supplemental Issuer Accounts held for the benefit of such Noteholders. The Indenture Trustee and the Paying Agent shall pay to the Issuer any monies held by them for the payment of principal or interest that remains unclaimed for two years. After payment to the Issuer, Noteholders entitled to the money must look to the Issuer for payment as general creditors unless an applicable abandoned property law designates another Person.