Lender Distributions definition

Lender Distributions has the meaning assigned to such term in the Approved Plan of Reorganization.
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Lender Distributions means the Litigation Proceeds allocated and distributed to the Litigation Trust on behalf of Holders of Allowed Secured Lender Claims pursuant to the Litigation Proceeds Waterfall Provision.
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Lender Distributions means the distribution(s) of Lender Recoveries to the Lenders from time to time.
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Examples of Lender Distributions in a sentence

  • The SGP WCCC Guaranteed Amount Reserve shall be released on a dollar-for-dollar basis and distributed as Prepetition Lender Distributions as and when SGP Recovered Cash Collateral is distributed to the Standard General Parties.

  • On the date that is 18 months following the Effective Date, any remaining amounts of the SGP WCCC Guaranteed Amount Reserve shall be released and distributed (X) first, to the Standard General Parties as SGP Recovered Cash Collateral to the extent needed to satisfy the SGP WCCC Guaranteed Amount and (Y) thereafter, to the Parties as Prepetition Lender Distributions.

  • Subject to Section 1.11 hereof, principal and interest on the Loans and the Second-Out Term Notes shall be repaid with Litigation Proceeds or Lender Distributions, as the case may be, from time to time in accordance with the Litigation Proceeds Waterfall Provision.

  • A Beneficiary who is the holder of a Class 3.1 Lender Claim shall periodically receive the Lender Distributions from Available Cash.

Related to Lender Distributions

  • Final Distributions means, with respect to the Certificates of any Trust on any Distribution Date, the sum of (x) the aggregate amount of all accrued and unpaid interest on such Certificates (excluding interest, if any, payable with respect to the Deposits relating to such Trust) and (y) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (less the amount of the Deposits for such Class of Certificates as of such preceding Distribution Date other than any portion of such Deposits thereafter used to acquire Equipment Notes pursuant to the Note Purchase Agreement). For purposes of calculating Final Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Final Distributions.

  • Cash Distributions means dividends, interest and other distributions and payments (including proceeds of liquidation, sale or other disposition) made or received in cash upon or with respect to any Collateral.

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Lower-Tier Distribution Amount As defined in Section 5.02(a).

  • Qualified Reservist Distribution means a distribution (i) from an IRA or elective deferrals under a section 401(k) or 403(b) plan, or a similar arrangement, (ii) to an individual ordered or called to active duty after September 11, 2001 (because he or she is a member of a reserve component) for a period of more than 179 days or for an indefinite period, and (iii) made during the period beginning on the date of the order or call and ending at the close of the active duty period.