Initial Distribution definition
Initial Distribution means the distribution made to holders of Allowed Class C-4 Claims on the Distribution Date.
Initial Distribution means the distribution occurring on the Initial Distribution
Initial Distribution has the meaning set forth in Section 2.1(e).
Examples of Initial Distribution in a sentence
The Reorganization is not consummated within thirty (30) days of the commencement of the Initial Distribution and each step set forth in the definition of “Reorganization” in Section 1.1 which has been taken is not unwound within such thirty (30) day period.
More Definitions of Initial Distribution
Initial Distribution means, with respect to an Allowed Claim, the first distribution of Cash made on account of such Allowed Claim to the holder thereof.
Initial Distribution means the distribution made pursuant to Section 4.2 of the Plan;
Initial Distribution has the meaning specified therefor in the definition of “Reorganization” in this Section 1.1.
Initial Distribution means the initial distribution of assets to the holders of Allowed Claims on the Effective Date pursuant to Section 8.2.
Initial Distribution means the issuance of shares of Class A common stock and Class B common stock of the Company to the holders of Extendicare Inc. Subordinate Voting Shares and Multiple Voting Shares, respectively, on the Effective Date pursuant to the Plan of Arrangement to be filed by Extendicare Inc. with Canadian authorities in connection with, among other things, the Company’s separation from Extendicare Inc.
Initial Distribution means the first distribution of Available Cash to Holders of Allowed Claims that occurs on or after the Effective Date.
Initial Distribution shall have the meaning set forth in Section 9.3.