Common use of Minimum Distributions Clause in Contracts

Minimum Distributions. No fractional units of New Equity shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim would otherwise result in the issuance of an amount of units of New Equity that is not a whole number, the actual distribution of shares of New Equity shall be rounded as follows: (a) fractions of one‑half (½) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefor. The total number of units of New Equity to be distributed to holders of Allowed Claims hereunder shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Common Equity shall be distributed distributed, and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim would otherwise result in the issuance of an amount a number of units shares of New Common Equity that is not a whole number, the actual distribution of shares of New Common Equity shall be rounded as follows: (a) fractions of one‑half (½) one-half or greater shall be rounded to the next higher whole number number, and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of units authorized shares of New Common Equity to be distributed pursuant to holders of Allowed Claims hereunder the Plan shall be adjusted as necessary to account for the foregoing rounding. FurtherHolders of Allowed Claims entitled to distributions of $50 or less shall not receive distributions, no Cash payment of less than $100.00 and each such Claim to which this limitation applies shall be made discharged pursuant to a Article VIII and its holder of an Allowed is forever barred pursuant to Article VIII from asserting that Claim on account of such Allowed Claimagainst the Reorganized Debtors or their property.

Minimum Distributions. No fractional units shares of New Common Equity or New Warrants shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest (as applicable) would otherwise result in the issuance of an amount a number of units shares of New Common Equity or New Warrants that is not a whole number, the actual distribution of shares of New Equity shall be rounded as follows:Common (a) fractions of one‑half one-half (½) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefor. The total number of units authorized shares of New Common Equity or New Warrants to be distributed to holders of Allowed Claims and Allowed Interests hereunder shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Equity Common Stock shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim would otherwise result in the issuance of an amount a number of units shares of New Equity Common Stock that is not a whole number, the actual distribution of shares of New Equity Common Stock shall be rounded as follows: (a) fractions of one‑half one-half (½) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½) shall be rounded to the next lower whole number with no further payment therefor. The total number of units authorized shares of New Equity Common Stock to be distributed to holders Holders of Allowed Claims (or their Permitted Designees) hereunder shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units of New Reorganized Common Equity shall be distributed distributed, and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the this Plan on account of an Allowed Claim would otherwise result in the issuance of an amount a number of units of New Reorganized Common Equity that is not a whole number, the actual distribution of shares units of New Reorganized Common Equity shall be rounded as follows: (a) fractions of one‑half one-half (½1⁄2) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½1⁄2) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of authorized units of New Reorganized Common Equity to be distributed to holders Holders of Allowed Claims hereunder shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Common Equity shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest would otherwise result in the issuance of an amount a number of units shares of New Common Equity that is not a whole number, the actual distribution of shares of New Common Equity shall be rounded as follows: (a) fractions of one‑half one-half (½1/2) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½1/2) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of units authorized shares of New Common Equity to be distributed to holders of Allowed Claims hereunder and Allowed Interests shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.

Minimum Distributions. No fractional units shares of New Equity Interests shall be distributed and no Cash shall be distributed in lieu of such fractional amounts. When any distribution pursuant to the Plan on account of an Allowed Claim or Allowed Interest (as applicable) would otherwise result in the issuance of an amount a number of units shares of New Equity Interests that is not a whole number, the actual distribution of shares of New Equity Interests shall be rounded as follows: (a) fractions of one‑half one-half (½1⁄2) or greater shall be rounded to the next higher whole number and (b) fractions of less than one-half (½1⁄2) shall be rounded to the next lower whole number with no further payment therefortherefore. The total number of units authorized shares of New Equity Interests to be distributed to holders of Allowed Claims hereunder under the Plan shall be adjusted as necessary to account for the foregoing rounding. Further, no Cash payment of less than $100.00 shall be made to a holder of an Allowed Claim on account of such Allowed Claim.