Distribution Fund definition

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

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 Special Distribution Fund is a fund created by the Legislature for the receipt, deposit, and distribution of monies paid pursuant to Section 5.0. Sec.

• If funds in the Nuclear Waste Disposal Receipts Distribution Fund are insufficient to provide a rebate of 33.33 percent to each generator, then each generator's rebate must be reduced in proportion to the amount of funds in the account for the applicable fiscal year.

• If any quarterly contribution under Section 5.1 is overdue to the Special Distribution Fund, the Tribe shall pay to the Special Distribution Fund, in addition to the overdue quarterly contribution, interest on such amount from the date the quarterly contribution was due until the date such quarterly contribution (together with interest thereon) was actually paid at the rate of 1.0% per month or the maximum rate permitted by state law, whichever is less.

• It is specifically agreed that if at any time the LPA fails to pay the amount billed to NDDOT within 60 days after billings, 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.

• Villa Hills [Opt-In Governments] Prior to the Effective Date of this Franchise Agreement, the following TBNK Member Governments have Opt-In the State Hold Harmless Distribution Fund: 1.

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 fund which shall be established on the Effective Date by the Liquidation Trustee to (i) receive the Cash proceeds of recoveries, if any on the Lenders’ collateral that are received subsequent to the initial Distribution Date, and make payment from such Cash proceeds to holders of Class 1 Lender Allowed Secured Claims, and, (ii) receive the Cash proceeds from the liquidation of property, if any, that is not the Lenders’ collateral, and to pay from the Cash proceeds of such property to holders of Class 3 Priority Claims and Class 4 General Unsecured Claims pursuant to the provisions of the Plan.

Distribution Fund means Income and the amount of Restricted Capital available for distribution, in accordance with clause 11;

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 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 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 Amount remaining after deductions in respect of Administration Expenses, Class Counsel Disbursements, Class Counsel Fees, and CPF Levy, to be paid out to Class Members pursuant to the Distribution Protocol.