Distribution Fund definition

Distribution Fund shall have the meaning set forth in Section 2.4(f) hereof.

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Distribution Fund has the meaning set forth in Section 3.2(a).

Distribution Fund means the fund which shall be established on the Effective Date by the Liquidation Trustee to pay (in the event any payments are to be made to holders of such Claims) Class 1.A, 1.B, 1.C, 1.D, and 1.E Priority Claims, Class 2.A, 2.B, 2.C, 2.D, 2.E and 2.F General Unsecured Claims, and Class 4.A, 4.B, 4.C, 4.D, and 4.E Convenience Class Claims.

Examples of Distribution Fund in a sentence

• The Agent shall, pursuant to irrevocable instructions, deliver the Company Common Stock contemplated to be issued pursuant to Section 3.1 from the shares of Company Common Stock held in the Distribution Fund.

• If the Company deposits such shares into the Distribution Fund prior to the Effective Time and the Merger is not consummated, the Agent shall promptly return such shares to the Company.

• It is specifically agreed that if at any time the LPA fails to pay the amount billed to NDDOT within 60 days after ▇▇▇▇▇▇▇▇, this document shall constitute an assignment of funds derived from the State Highway Tax Distribution Fund now or hereafter coming into the hands of the State Treasurer to the credit of the LPA, and the State Treasurer is hereby directed to deliver and pay over to NDDOT all funds credited to the LPA until the total thereof equals the sum billed pursuant to this agreement.

• In the event the City fails to reimburse NDDOT, such failure shall constitute an assignment of funds, derived from the State Highway Tax Distribution Fund now or hereafter coming into the hands of the State Treasurer to the credit of the City, and that the State Treasurer is ▇▇▇▇▇▇ directed to deliver and pay over to NDDOT all funds credited to the City until the total thereof equals the sum billed pursuant to this agreement.

• Notwithstanding the foregoing, the Company may acquire its own capital shares for an aggregate amount from and after the Closing date equal to the greater of (x) the sum of (i) 25% of the Cumulative Combined Net Income of the Company subsequent to December 31, 1991, plus (ii) $500,000, or (y) the amount then available under the Distribution Fund, which amount shall be charged to the Distribution Fund.

More Definitions of Distribution Fund

Distribution Fund means the fund into which the Debtors’ Assets will be deposited for distribution by the Plan Administrator to Holders of Allowed Claims in accordance with the terms of this Plan, provided however, that the Holders of Allowed Secured Claims shall be paid at the closing of the Sale or Sale Transactions, and their Distributions shall not be deposited into the Distribution Fund.

Distribution Fund means the portion of the Debtors' Cash on the Effective Date which shall be transferred to the Liquidating Trust, on behalf of and for the benefit of the holders of Allowed Administrative, Priority and Pre-Petition Tax Claims. The amount of Cash in the Distribution Fund shall equal the aggregate of (a) the allowed amount of all Administrative Claims, Pre-Petition Tax Claims and Priority Claims; and (b) the asserted amount or court-estimated amount of Disputed or undetermined (i) Administrative Expense Claims, (ii) Pre-Petition Tax Claims, and (iii)

Distribution Fund means the Settlement Fund less any bank fees charged for maintenance of the Escrow Account, disbursements for establishment of the Notice and Administration Fund, and any taxes that may be payable from the Settlement Fund.

Distribution Fund means the Cash available for (i) payment in accordance with the provisions of this Plan, and orders of the Bankruptcy Court entered on the docket of the Chapter 11 Case, of Allowed Administrative Claims, Allowed Fee Claims, Allowed Secured Claims, Allowed Priority Claims, Allowed Priority Tax Claims, Allowed Class 3 Claims, the Shareholder Participation, and Allowed Shareholder Interests, and (ii) funding the Administrative Reserve and the Disputed Claims Reserve.

Distribution Fund means the portion of the Debtors' Cash on the Effective Date which shall be transferred to the Liquidating Trust, on behalf of and for the benefit of the holders of Allowed Administrative, Priority and Pre-Petition Tax Claims. The amount of Cash in the Distribution Fund shall equal the aggregate of (a) the allowed amount of all Administrative Claims, Pre-Petition Tax Claims and Priority Claims; and (b) the asserted amount or court-estimated amount of Disputed or undetermined (i) Administrative Expense Claims, (ii) Pre-Petition Tax Claims, and (iii) Priority Claims. With respect to Administrative Claims for compensation and reimbursement of expenses of professionals or other persons pursuant to sections 328, 330, 331 and 503(b) of the Bankruptcy Code, the amount of Cash to be deposited shall be the amount sought or the maximum amount estimated to be sought for such compensation and expenses. The Distribution Fund shall not include interest earned on the Distribution Fund after the Effective Date.

Distribution Fund means the fund which shall be established on the Effective Date by the Responsible Person in one or more accounts to make Distributions to Holders of Allowed Claims.

Distribution Fund means the Net Distribution Cash Payment plus any interest thereon earned after JPMorgan pays the Net Distribution Cash Payment.