Initial Distribution Date definition

Initial Distribution Date means the date occurring as soon as reasonably practicable after the Effective Date when distributions under the Plan shall commence.

Initial Distribution Date means the date that is on or as soon as practicable after the Effective Date when distributions under the Plan shall commence for each Class entitled to receive distributions.

Initial Distribution Date means the date that is as soon as practicable after the Effective Date, but no later than thirty (30) days after the Effective Date, when, subject to the “Treatment” sections in Article III hereof, distributions under this Plan shall commence to Holders of Allowed Claims; provided that any applicable distributions under this Plan on account of the Prepetition Debt Claims shall be made to the applicable Distribution Agent on the Effective Date, and each such Distribution Agent shall make its respective distributions as soon as practicable thereafter.

Examples of Initial Distribution Date in a sentence

• TREATMENT OF CLASSIFIED CLAIMS AND INTERESTS The holders of Allowed Claims in each Class shall receive the following distributions where applicable, on or after the Initial Distribution Date, unless another date is otherwise provided for herein or elsewhere under the Plan.

• In addition to the Distribution provided for in Section 5.08(b) and Section 5.09(a), on the Initial Distribution Date, a Ratable Share of the Settlement Debtors Premium Initial Distribution shall be distributed to holders of Allowed Class 5b Claims and the Disputed Claims Reserve Trust on account of Disputed Class 5b Claims.

• Subject to Section 6.05(b) below, the amount of Cash to be paid on the Initial Distribution Date to holders of Allowed Claims will be calculated as if each Disputed Claim were an Allowed Claim in its Face Amount.

• Class 5 Cash means Cash, which shall be distributed on the Initial Distribution Date to holders of Class 5 Claims as provided in Article V of the Plan, estimated in the Disclosure Statement as reflected in the Pro Forma Balance Sheet, Section X-D.

• Initial Distribution Date means the date on which Initial Distributions, if any, are made under the Plan.

More Definitions of Initial Distribution Date

Initial Distribution Date means the date on which the Disbursing Agent shall make initial distributions to Holders of Claims and Interests pursuant to the Plan, which shall be as soon as reasonably practicable after the Effective Date.

Initial Distribution Date means the date that is as soon as practicable after the Effective Date, but no later than thirty (30) days after the Effective Date, when distributions under the Plan shall commence.

Initial Distribution Date means, subject to the “Treatment” sections in Article III hereof, the date that is as soon as reasonably practicable after the Effective Date, when distributions under this Plan shall commence to Holders of Allowed Claims.

Initial Distribution Date means the first Business Day on which a distribution is made under the Plan to holders of Allowed Claims.

Initial Distribution Date means the date that is as soon as practicable after the Effective Date, but no later than thirty (30) days after the Effective Date, when, subject to the “Treatment” sections in Article III hereof, distributions under this Plan shall commence to Holders of Allowed Claims.

Initial Distribution Date means a date no more than ten (10) Business Days after the Plan Implementation Date or such other date as SFC, the Monitor and the Initial Consenting Noteholders may agree.

Initial Distribution Date means the Effective Date or as soon thereafter as is practicable.