Examples of Catch-Up Distribution in a sentence
If and when a previously Disputed Claim becomes a fully Allowed Claim, the Disbursing Agent shall make a Catch-Up Distribution on account of such claim to the extent warranted on the next Distribution Date.
On each Periodic Distribution Date during the 12 months following the Daimler Proceeds Receipt Date, each fourth Periodic Distribution Date thereafter and the Final Distribution Date, any Allowed General Unsecured Claim that previously received a distribution under the Plan will receive a Catch-Up Distribution; provided that the Liquidation Trustee shall have the right, in its sole discretion, to make Catch-Up Distributions more frequently.
No rescission or other adjustment shall be required in respect of an Initial Distribution or any Periodic Distribution if the Remaining Plan Distribution Amount, the Remaining Secondary Plan Distribution B Amount or the Remaining Substitute Plan Distribution Amount, as applicable, is less than the amount required for the Catch-Up Distribution.
Reduction in the cost of production may have to be effected to facilitate price reduction.
On an applicable Periodic Distribution Date, a holder of an Allowed Claim in Class 7B that ceased being a Disputed Claim subsequent to the Effective Date will receive a Catch-Up Distribution.