Common use of Additional Distribution Clause in Contracts

Additional Distribution. If any of the Securities are redeemed by the Security Issuer prior to July 15, 2006, each of the Units which are redeemed in connection with such redemption of Securities will receive a pro rata distribution from the proceeds of the redemption of the Securities remaining after payment of principal and interest on such Units up to a maximum of $2.50

Appears in 2 contracts

Sources: Trust Agreement (MSDW Structured Saturns Series 2001-7), Trust Agreement (Saturns Trust Series 2001 3)

Additional Distribution. If any of the Securities are redeemed by the Security Issuer prior to July 15April 25, 20062007, each of the Class A Units which are being redeemed in connection with such redemption of Securities (or related exercise of the rights under the Swap Agreement) will receive a pro rata distribution from the proceeds of the redemption of the Securities remaining after payment of principal and interest on such the Class A Units up to a maximum of $2.50

Appears in 2 contracts

Sources: Trust Agreement (MSDW Structured Saturns Series 2002-4), Trust Agreement (MSDW Structured Saturns Series 2002-4)

Additional Distribution. If any of the Securities are redeemed by the Security Issuer prior to July 15December 20, 2006, 2006 each of the Units which are redeemed in connection with such redemption of Securities (or a related exercise or deemed exercise pursuant to Schedule III) will receive a pro rata distribution from the proceeds of the redemption of the Securities remaining after payment of principal and interest on such Units up to a maximum of $2.50

Appears in 1 contract

Sources: Trust Agreement (MSDW Structured Asset Corp)

Additional Distribution. If any of the Securities are redeemed by the Security Issuer prior to July 15March 19, 20062007, each of the Class A Units which are being redeemed in connection with such redemption of Securities (or related exercise of the rights under the Swap Agreement) will receive a pro rata distribution from the proceeds of the redemption of the Securities remaining after payment of principal and interest on such the Class A Units up to a maximum of $2.50

Appears in 1 contract

Sources: Trust Agreement (MSDW Structured Saturns Series 2002-3)

Additional Distribution. If any of the Securities are redeemed by the Security Issuer prior to July 15December 31, 2006, each of the Units which are redeemed in connection with such redemption of Securities will receive a pro rata distribution from the proceeds of the redemption of the Securities Available Funds remaining after payment payments (including payments to the Quarterly Payment Swap Counterparty) of principal and interest on such Units up to a maximum of $2.50

Appears in 1 contract

Sources: Trust Agreement (MSDW Structured Saturns Series 2001-6)

Additional Distribution. If any of the Securities are redeemed by the Security Issuer prior to July 15June 5, 2006, each of the Units which are redeemed in connection with such redemption of Securities will receive a pro rata distribution from the proceeds of the redemption of the Securities remaining after payment of principal and interest on such Units up to a maximum of $2.50

Appears in 1 contract

Sources: Trust Agreement (Saturns Trust Series 2001 4)

Additional Distribution. If any of the Securities are redeemed by the Security Issuer prior to July 159, 20062007, each of the Class A Units which are being redeemed in connection with such redemption of Securities (or related exercise of the rights under the Swap Agreement) will receive a pro rata distribution from the proceeds of the redemption of the Securities remaining after payment of principal and interest on such the Class A Units up to a maximum of $2.502.50 per Class A Unit.

Appears in 1 contract

Sources: Trust Agreement (MSDW Structured Asset Corp)