Common use of No Distributions Pending Allowance Clause in Contracts

No Distributions Pending Allowance. If an objection, motion to estimate, or other challenge to a Claim or Interest is Filed, no payment or distribution provided under the Plan shall be made on account of such Claim or Interest unless and until (and only to the extent that) such Disputed Claim or Interest becomes an Allowed Claim or Allowed Interest.

Appears in 1 contract

Sources: Restructuring Support Agreement (Core Scientific, Inc./Tx)

No Distributions Pending Allowance. If an objection, motion to estimate, or other challenge objection to a Claim or Interest is Filed, no payment or distribution provided under the Plan shall be made on account of such Claim or Interest unless and until (and only to the extent that) such Disputed Claim or Interest becomes an Allowed Claim or Allowed InterestClaim.

Appears in 1 contract

Sources: Restructuring Support Agreement (Audacy, Inc.)

No Distributions Pending Allowance. If an objection, motion to estimate, or other challenge to a Claim or Interest is Filedfiled, no payment or distribution provided under the this Plan shall be made on account of such Claim or Interest unless and until (and only to the extent that) such Disputed Claim or Interest becomes an Allowed Claim or Allowed InterestClaim.

Appears in 1 contract

Sources: Restructuring Support Agreement (Halcon Resources Corp)