Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[Vincentius]

distribution.

from page 10 of pdf:

Note 3: Distributions to LTI Holders
The Plan and Liquidating Trust Agreement provide that the Liquidating Trustee will make distribution on at least a quarterly basis, subject to certain exceptions. The next scheduled Distribution Date is August 1, 2014. The Trust will distribute approximately $78.4 million to LTI holders. The principal source of the funds includes the receipt of $44.7 million from the Tax Refund Escrow (see Note 6), a release of $48.4 million from the DCR as a result of the application of the 502(bX7) Cap (see Note 9) and other miscellaneous items; however, such amount to be distributed includes a holdback of $15.6 million (in addition to $7.2 million held back in prior quarters) to fully fund the Trust's operating budget on an as-extended basis and reserve for additional contingencies.