Subsequent Distributions definition
Examples of Subsequent Distributions in a sentence
If ▇▇▇▇▇▇▇ determines, in its sole discretion, that a protective election under Section 336(e) of the Code shall be made with respect to the Distribution together with any Subsequent Distributions, Debt-for-Equity Exchanges and Subsequent Dispositions, Veralto agrees to take any such action that is necessary to effect such election, including any corresponding election with respect to any of its Subsidiaries, as determined by ▇▇▇▇▇▇▇.
It is also the intent of the Members that Legacy's Original Capital Contribution Obligation remain in effect throughout the term of this Agreement, and that Legacy will at all times be prepared to satisfy its Original Capital Contribution Obligation, notwithstanding the fact that Legacy may have previously satisfied its Original Capital Contribution Obligation and thereafter received Subsequent Distributions pursuant to Section 3.2(b) hereof.
Pursuant to and in accordance with the Plan, the PI Trust has received, on the Effective Date or as soon as reasonably practicable thereafter, the Opioid MDT II Initial Distribution and the right to receive any Opioid MDT II Subsequent Distributions (together, the “PI Trust Assets”) to fund the PI Trust and settle or discharge all PI/NAS Claims.
Settlement Award Payments, Subsequent Distributions, and Settlement Class Representative Incentive Payments shall be classified as non- wage income, and the Settlement Administrator will report the payments on a 1099 form to the extent required by law.
Subsequent Distributions to the Paying Agent, each Included Out-of-pocket expenses At cost Out-of-pocket expenses when applicable will be billed at cost at the sole discretion of Continental Stock Transfer & Trust Company.
Subsequent Distributions that a Member is entitled to receive under Section 5.1 or Section 10.2(d)(iii) shall be reduced, dollar-for-dollar, by the amount of Tax Distributions previously received (and not already accounted for by such reduction) by such Member.
In this regard, pursuant to Section 3.2(b) hereof, Legacy shall have the right to cause the Company to make certain Subsequent Distributions in accordance with the provisions of Section 7.3.2 hereof, and all such Subsequent Distributions shall reduce the unpaid balance of Legacy's Original Capital Contribution to the Company.