Monthly Distributions. (a) Each Noteholder and Certificateholder as of the related Record Date shall be paid on the next succeeding Distribution Date by check mailed to such Noteholder or Certificateholder at the address for such Noteholder or Certificateholder appearing on the Note Register or Certificate Register or by wire transfer if such Noteholder or Certificateholder provides written instructions to the Indenture Trustee or the Owner Trustee, respectively, at least ten days prior to such Distribution Date.
Monthly Distributions. (a) Each Noteholder and Certificateholder as of the related Record Date shall be paid on each Distribution Date by wire transfer if such Noteholder or Certificateholder provides written instructions to the Indenture Trustee or the Owner Trustee, respectively, at least ten days prior to such Distribution Date.
Monthly Distributions. Subject to subsection (b) and (c) of this Section, on each Settlement Date, based on the Servicer’s Monthly Settlement Certificate, the Paying Agent shall make the following distributions (without duplication) in the following order of priority (such order of priority, as may be modified by subsection (c) of this Section following an Event of Default, the “Priority of Payments”) to the extent of Available Funds on deposit in the Collection Account (and, if there are insufficient Available Funds to make any distribution under any particular clause in full, pro rata to each Person entitled to a distribution pursuant to such clause, as determined based on the maximum amount that could be distributable to each such Person under such clause):
Monthly Distributions. (a) Distributions on the Certificates shall be made from funds in the Certificate Account. Each Certificateholder as of a Record Date shall be paid on the next succeeding Distribution Date by check mailed to such Certificateholder at the address for such Certificateholder appearing on the Certificate Register (or, if a Holder of an Offered Certificate holds an aggregate Percentage Interest of at least 5% of the Offered Certificates or a Holder of a Private Certificate holds a Certificate with a Percentage Interest of 50% of such Certificate, and if such Certificateholder so requests, by wire transfer of immediately available funds pursuant to written instructions delivered to the Trustee at least five days prior to the related Record Date, which instructions, until revised, shall remain operative for all Distribution Dates thereafter), such Certificateholder's Percentage Interest of the amount to be distributed. Final payment on any Certificate shall be made only upon presentation and surrender of such Certificate at the office or agency of the Paying Agent.
Monthly Distributions. Each Noteholder as of the related Record Date shall be paid on the next succeeding Payment Date by check mailed to such Noteholder at the address for such Noteholder appearing on the Note Register or by wire transfer if such Noteholder provides written instructions to the Paying Agent at least ten days prior to such Payment Date.
Monthly Distributions. (a) Each month, the Manager will distribute the LLC's accrued Net Profits, to the extent that there is cash available and provided that the monthly distribution will not impact the continuing operations of the LLC as follows:
Monthly Distributions. Subject to Section 4.04 and Section 7.03, not later than 15 days after the end of each calendar month, the Board of Managers shall determine the amount of Distributable Cash, if any, with respect to such month and shall declare, and the Company shall distribute to each Member not later than the fifth Business Day after such declaration, a Distribution in an amount in cash equal to the product of (i) such Member’s Percentage Interest, determined as of the close of business on the last day of such month, multiplied by (ii) all Distributable Cash, if any, with respect to such month (subject to Section 5.02(c)(ii)(B) with respect to any outstanding Shortfall Loans).
Monthly Distributions. Seller and Buyer agree that, for purposes of Section 4.1(a) of the LLC Agreement, all distributions due by the Company with respect to any period prior to the Closing Date shall be based upon the Seller having a Participating Percentage of 4.50%.
Monthly Distributions. Except as a Supermajority-in-Interest of the Members otherwise decide, on the thirtieth (30th) day after the conclusion of each calendar month, or, if such thirtieth (30th) day is not a Business Day, on the first Business Day following such thirtieth (30th) day, commencing with distributions for the period from the date hereof through March 31, 2006, the Manager shall cause the Company to distribute its Distributable Cash for the prior month, subject to the rights of any holder of Membership Interests other than Common Units, to the Members holding Common Units, in accordance with their respective Participating Percentages.
Monthly Distributions are automatically reinvested in additional shares of the Trust without charge or may be received in cash. (See pages 4 and 10.)
