Examples of Accrued Distributions in a sentence
The Tender Offer Consideration does not include Accrued Distributions which will be paid by the Offerors in addition to the Tender Offer Consideration.
Accrued Distributions that are not paid on the applicable Distribution Date will bear interest on the amount thereof (to the extent permitted by law) at the rate per annum of [ ]% thereof, compounded semi-annually from the relevant Distribution Date.
If no instructions are given (a) delivery of the Common Stock issued in exchange for tendered Trust Preferred Securities and checks for payment of any Accrued Distributions to be made in connection with the Exchange Offer will be made to and (b) Trust Preferred Securities not tendered or not accepted for exchange will be credited back to, such DTC participant’s account.
Tendering Holders should indicate in the applicable box or boxes the name and address to which Trust Preferred Securities for liquidation preferences not tendered or not accepted for exchange, Common Shares issued in exchange for validly tendered and accepted Trust Preferred Securities, and checks for payment of Accrued Distributions to be made in connection with the Exchange Offer are to be issued or sent, if different from the name and address of the Holder signing this Letter of Transmittal.
If no instructions are given (a) delivery of the Common Shares issued in exchange for tendered Trust Preferred Securities and checks for payment of any Accrued Distributions to be made in connection with the Exchange Offer will be made to and (b) Trust Preferred Securities not tendered or not accepted for exchange will be credited back to, such DTC participant’s account.