DISTRIBUTION PROVISIONS Sample Clauses

DISTRIBUTION PROVISIONS. The distribution provisions under AA §9 are effective as follows:
DISTRIBUTION PROVISIONS. No distribution may be made to a Participant during the period in which the Plan Administrator is making a determination of whether a domestic relations order affecting the Participant’s benefit is a Qualified Domestic Relations Order. Further, if the Plan Administrator is aware that a Qualified Domestic Relations Order affecting a Participant’s benefit is being sought, it may prohibit such Participant from commencing to receive a distribution until the Plan Administrator has determined that such distribution would not be inconsistent with any such order or that no such order shall be submitted. If the Plan Administrator is in receipt of a Qualified Domestic Relations Order with respect to any Participant’s benefit, it may prohibit such Participant from receiving a distribution until the alternate payee’s rights under such order are satisfied.
DISTRIBUTION PROVISIONS. Immediately prior to the Company's payment of dividends to holders of the Series A Preferred Stock, the holder(s) of Series A Preferred Partnership Units shall be entitled to receive for each outstanding Series A Preferred Partnership Unit a cash distribution, prior and in preference to any payment of any cash distribution on the Common Partnership Units, in an amount equal to the payment to be made on each outstanding share of the Series A Preferred Stock.
DISTRIBUTION PROVISIONS. (a) Subject to the rights of series of Preferred Limited Partnership Interests which may from time to time come into existence, holders of Series D Preferred Limited Partnership Interests shall be entitled to receive, when and as declared by the General Partner, out of funds legally available for the payment of distributions, cumulative preferential cash distributions at the rate of 8.00% per annum of the Liquidation Preference (as hereinafter defined) per unit (equivalent to a fixed amount of $2.00 per unit). Such distributions shall be cumulative from the date of original issue and shall be payable quarterly in arrears on or before the 15th day of each of January, April, July and October or, if not a business day, the next succeeding business day (each, a “Distribution Payment Date”). The first distribution for the additional 1,046,400 units of Series D Preferred Limited Partnership Interests issued on May 18, 2011, will be due on July 15, 2011 and will be for less than a full quarter. Any distribution payable on Series D Preferred Limited Partnership Interests for any partial distribution period will be computed on the basis of a 360-day year consisting of twelve 30-day months. Distributions will be payable to holders of record as they appear in the records of the Partnership at the close of business on the last business day of March, June, September and December, respectively or on such date designated by the General Partner of the Partnership for the payment of distributions that is not more than 30 nor less than 10 days prior to such Distribution Payment Date (each, a “Distribution Record Date”).
DISTRIBUTION PROVISIONS. The following events will give rise to a Distribution:
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DISTRIBUTION PROVISIONS. The trust estate shall be held, administered and distributed as hereinafter provided.
DISTRIBUTION PROVISIONS. The distribution provisions under AA §9 are effective as follows:  A-9 In-service distributions and Required Minimum Distributions. The provisions regarding in-service distribution and Required Minimum Distributions under AA §10 are effective as follows:
DISTRIBUTION PROVISIONS. In the event the Company ----------------------- shall declare a Distribution payable in cash, securities of other persons, evidences of indebtedness issued by the Company or other persons, assets (excluding cash dividends) or options or rights not referred to in subsection 5.3(d), then, in each such case for the purpose of this subsection 5.3(e), the Series A Members shall be entitled to a proportionate share of any such Distribution as though they were the holders of the number of Common Units into which their Series A Preferred Units are convertible as of the record date fixed for the determination of the holders of Common Units entitled to receive such Distribution.
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