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 DistributionDate.
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.

Examples of Initial Distribution in a sentence

  • The Initial Distribution Date took place on or about April 21, 2011 (with a secondary distribution on or about May 26, 2011 to certain holders of allowed claims as of the Initial Distribution Date who did not receive the April 21, 2011 distribution).

  • Units in respect of general unsecured claims allowed as of the Initial Distribution were not issued until after the Effective Date.

  • Except as otherwise provided in the “Treatment” sections in Article III hereof or as ordered by the Bankruptcy Court, initial distributions to be made on account of Claims that are Allowed Claims as of the Effective Date shall be made on the Initial Distribution Date or as soon thereafter as is practicable.

  • Any distribution that is not made on the Initial Distribution Date or on any other date specified herein because the Claim that would have been entitled to receive that distribution is not an Allowed Claim or Interest on such date, shall be distributed on the first Quarterly Distribution Date after such Claim or Interest is Allowed.

  • Except as otherwise provided in the “Treatment” sections in Article III hereof or as ordered by the Bankruptcy Court, on the Initial Distribution Date (or if a Claim is not an Allowed Claim on the Effective Date, on the Subsequent Distribution Date occurring after such Claim becomes an Allowed Claim, or as soon as reasonably practicable thereafter), each Holder of an Allowed Claim shall receive the full amount of the distributions that this Plan provides for Allowed Claims in the applicable Class.


More Definitions of Initial Distribution

Initial Distribution means the distribution made pursuant to Section 4.2 of the Plan;
Initial Distribution means the first Distribution to holders of Allowed Claims.
Initial Distribution shall have the meaning set forth in Section 4.3(a).
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 initial distribution of assets to the holders of Allowed Claims on the Effective Date pursuant to Section 8.2.
Initial Distribution means the initial distribution of the Secured Class 3 Total Distribution into separate Distributions for Subclass 3A and Subclass 3B in accordance with Section 4.4(c)(I) of this Reorganization Plan.
Initial Distribution means the first distribution of Available Cash to Holders of Allowed Claims that occurs on or after the Effective Date.