Interim Distributions definition

Interim Distributions means all Distributions that are not Liquidation Distributions.

Interim Distributions means one or more Pro Rata Distributions of Available Cash made in accordance with the Plan and/or any Order of the Bankruptcy Court on account of Allowed Claims before the Final Distribution.

Interim Distributions shall have the meaning ascribed to it in Section 4.3.

Examples of Interim Distributions in a sentence

• Under the terms of Judge Lifland’s order requiring the 3% Reserve, the Trustee set a Time-Based Damages reserve and allocated such reserve to the Customer Fund as part of the total amount allocated to the Customer Fund in the Second through Fifth Allocations and Interim Distributions.

• Interim Distributions will be made at times as the Manager determines in its sole discretion.

• In the event Interim Distributions are made, said payments shall reduce the amount to which the Guaranteed Rate is applied.

• In the event Interim Distributions are made to the participant, said payments shall reduce the amount to which the Applicable Rate is applied.

• If an investor disposes of its Units in the Sub-Fund at any time on or before the Last Trading Day, such investor will not, in any circumstances, be entitled to any portion of the First Interim Distribution (if any), the Further Interim Distribution(s) (if any) and/or the Redemption Payment for the Sub-Fund, in respect of any Units of the Sub-Fund so disposed.

More Definitions of Interim Distributions

Interim Distributions has the meaning given in Section 9.1(c).

Interim Distributions shall have the meaning assigned to such term in Section 5.02(a)(iii) hereof.

Interim Distributions has the meaning given to it in Section 7.1(a)(xviii).

Interim Distributions means the interim distributions of assets to the holders of Allowed Claims to be made subsequent to the Effective pursuant to Section 6.5.

Interim Distributions or “Exit Fee” as defined in and payable pursuant to Section 3.1.2 and 3.1.6, respectively, of the Trade Receivables Repayment Agreement,”

Interim Distributions as defined in and payable pursuant to Section 3.1.2 of the Trade Receivables Repayment Agreement, including without limitation up to 15% of the amount of the proceeds of Notes to pay claims owed to the Vendor Trust or otherwise owed to Trade Creditors, (d) payments required to be made pursuant to Section 3.1.5.1 and 3.1.5.2 of the Trade Receivables Repayment Agreement, (e) the CTRIP Obligations to the extent satisfied solely with a Permitted Equity Issuance, (f) regularly scheduled obligations with respect to the Indebtedness owed to Utica Leaseco, LLC, (g) payment of the Evergrande Debt from the proceeds of Notes, (h) the legal fees of HK$7,850,288 owing by FF Intelligent to Season Smart pursuant to the second emergency arbitral award dated 29 November 2018, (i) the unsecured Indebtedness in the amount of US$760,000 owing by FF Intelligent to Season Smart, (j) payment of interest paid-in-kind in accordance with the Trade Receivables Repayment Agreement, (k) payment of the Obligations in accordance with the Note Documents, provided that no cash interest payments shall be made on the Last Out Notes other than as provided in clause (q), (l) the Hanford Replenishment, (m) the Pre-A Debt Conversion, (n) payment of Indebtedness owing to Warm Time Inc., in an aggregate amount not to exceed $1,500,000 after the Second A&R Date, (o) payment in full of the Pacific Note Indebtedness, (p) any payment of Indebtedness of an Obligor or Subsidiary by an Obligor or Subsidiary payable solely in, or by conversion to, the Equity Interests of such Person (or any parent entity of such Person) (including, without limitation, pursuant to the Qualified SPAC Merger), (q) monthly payments of accrued cash interest in an amount not to exceed ten percent (10%) per annum to Chui Tin Mok with regard to his Last Out Notes, and (r) monthly payments of interest accrued under that certain unsecured promissory note, dated as of February 14, 2020, made by Faraday in favor of Xxxxxxxx Xxxx in accordance with the terms thereof.

Interim Distributions means all dividends or other distributions, whether involving cash, securities or other property, that would have been paid or payable in respect of the Share Consideration, assuming that such Share Consideration had been issued and outstanding on the date of this Agreement and remained issued and outstanding on the Closing Date.