Distribution Date Occurring In Percentage Clause Samples

The 'Distribution Date Occurring In Percentage' clause defines how and when distributions are made based on a specified percentage. Typically, this clause sets out that a certain portion of funds, profits, or assets will be distributed to parties on a particular date, calculated as a percentage of a total amount. For example, it may state that 30% of net profits are to be distributed to investors on a quarterly basis. The core function of this clause is to ensure clarity and predictability in the timing and amount of distributions, thereby reducing disputes and aligning expectations among parties.
Distribution Date Occurring In Percentage. October 2007 through September 2008 1.55% for the first month, plus an additional 1/12th of 1.90% for each month thereafter October 2008 through September 2009 3.45% for the first month, plus an additional 1/12th of 1.55% for each month thereafter October 2009 through September 2010 5.00% for the first month, plus an additional 1/12th of 1.25% for each month thereafter October 2010 through September 2011 6.25% for the first month, plus an additional 1/12th of 0.75% for each month thereafter October 2011 and thereafter 7.00%
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Distribution Date Occurring In Percentage. October 2009 - September 2010 0.40% October 2010 - September 2011 0.70% October 2011 - September 2012 0.95% October 2012 - September 2013 1.35% October 2013 and thereafter 1.45%
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Distribution Date Occurring In Percentage. December 2007 through November 2008 1.450]% for the first month, plus an additional 1/12th of 1.750% for each month thereafter (e.g., 2.325% in June 2008) December 2008 through November 2009 3.200% for the first month, plus an additional 1/12th of 1.850% for each month thereafter (e.g., 4.125% in June 2009) December 2009 through November 2010 5.050% for the first month, plus an additional 1/12th of 1.450% for each month thereafter (e.g., 5.775% in June 2010) December 2010 through November 2011 6.500% for the first month, plus an additional 1/12th of 0.850% for each month thereafter (e.g., 6.925% in June 2011) December 2011 and thereafter 7.350%
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Distribution Date Occurring In Percentage. December 2007 through November 2008 [ ]% December 2008 through November 2009 [ ]% December 2009 through November 2010 [ ]% December 2010 through November 2011 [ ]% December 2011 through November 2012 December 2012 and thereafter [ ]% [ ]% Servicer Event of Default: One or more of the events described in Section 7.01(a).
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Distribution Date Occurring In Percentage. [ - ] — [ - ] [ - ]% for the first month plus an additional 1/12th of [ - ]% for each month thereafter [ - ] — [ - ] [ - ]% for the first month plus an additional 1/12th of [ - ]% for each month thereafter [ - ] — [ - ] [ - ]% for the first month plus an additional 1/12th of [ - ]% for each month thereafter [ - ] — [ - ] [ - ]% for the first month plus an additional 1/12th of [ - ]% for each month thereafter [ - ] — [ - ] [ - ]%
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Related to Distribution Date Occurring In Percentage

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

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