Distributions   171 Sample Clauses

Distributions   171. Section 4.02 Statements to Certificateholders; Certain Reports by the Master Servicer and the Special Servicer 179 Section 4.03 Compliance with Withholding Requirements 190 Section 4.04 REMIC Compliance 191 Section 4.05 Imposition of Tax on the Trust REMICs 193 Section 4.06 Remittances; P&I Advances 194
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Distributions   171. Section 4.02 Statements to Certificateholders; Certain Reports by the Master Servicer and the Special Servicer 179 Section 4.03 Compliance with Withholding Requirements 190 Section 4.04 REMIC Compliance 191 Section 4.05 Imposition of Tax on the Trust REMICs 193 Section 4.06 Remittances; P&I Advances 194 Section 4.07 Grantor Trust Reporting 197 ARTICLE V THE CERTIFICATES Section 5.01 The Certificates 198 Section 5.02 Form and Registration 199 Section 5.03 Registration of Transfer and Exchange of Certificates 201 Section 5.04 Mutilated, Destroyed, Lost or Stolen Certificates 208 Section 5.05 Persons Deemed Owners 209 Section 5.06 Appointment of Paying Agent 209 Section 5.07 Access to Certificateholders’ Names and Addresses; Special Notices 209 Section 5.08 Actions of Certificateholders 210 Section 5.09 Authenticating Agent 210 Section 5.10 Appointment of Custodian 211 Section 5.11 Maintenance of Office or Agency 212 ARTICLE VI THE DEPOSITOR, THE MASTER SERVICER, THE SPECIAL SERVICER, THE OPERATING ADVISOR AND THE CONTROLLING CLASS REPRESENTATIVE

Related to Distributions   171

  • Distributions, Etc Upon the dissolution, winding up, liquidation or reorganization of the Tenant, whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Tenant, if any sum shall be paid or any property shall be distributed upon or with respect to any of the Pledged Collateral, such sum shall be paid over to the Secured Parties, to be held as collateral security for the Secured Obligations. If any dividend shall be declared on any of the Pledged Collateral (excluding cash dividends), or any share of beneficial interest or fraction thereof shall be issued pursuant to any split of beneficial interests involving any of the Pledged Collateral, or any distribution of capital shall be made on any of the Pledged Collateral, or any property shall be distributed upon or with respect to the Pledged Collateral pursuant to recapitalization or reclassification of the capital of the Tenant, the shares or other property so distributed shall be delivered to the Secured Parties to be held as collateral security for the Secured Obligations.

  • Distribution of Cash (a) The Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

  • Distributions in General Except as otherwise provided in Article 7 hereof and subject to Sections 17-607 and 17-804 of the Act, for any fiscal year all Cash Available for Distribution, net proceeds from any Terminating Capital Transaction and Financing Proceeds shall be distributed to the Partners at least quarterly.

  • DISTRIBUTIONS AFTER DISSOLUTION Upon dissolution, the Company must pay its debts before distributing cash, assets, or capital to the Members or the Members’ interests. The Members agree that any distributions occurring after the dissolution of the Company will follow the process outlined in this Agreement and Section 00-00-000 of the Act.

  • Distributions to Members Section 9.1

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Residual Distributions If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Issuer ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Issuer shall be entitled to receive all remaining assets of the Issuer (or proceeds thereof) according to their respective rights and preferences.

  • Distributions; Upstream Payments Declare or make any Distributions, except Upstream Payments and Permitted Distributions; or create or suffer to exist any encumbrance or restriction on the ability of a Subsidiary of Parent to make any Upstream Payment, except for restrictions under the Loan Documents, under Applicable Law or in effect on the Closing Date as shown on Schedule 9.1.15.

  • Capital Contributions Distributions 10 SECTION 5.1

  • Distributions in Kind Except as expressly provided herein, no right is given to any Partner to demand and receive property other than cash. The General Partner may determine, in its sole and absolute discretion, to make a distribution in-kind to the Partners of Partnership assets, and such assets shall be distributed in such a fashion as to ensure that the fair market value is distributed and allocated in accordance with Articles 5, 6 and 10.

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