Examples of Class B Distribution Amount in a sentence
The Class B Distribution Amount as of any date of determination will be determined as set forth in the Pooling and Servicing Agreement.
Provide a gradual induction to the teaching process by modeling appropriate planning and teaching, as well as explaining the purpose.
With respect to any Quarter, the Class B Quarterly Distribution may be paid, as determined by the General Partner at the direction of the Audit Committee, in cash or in-kind in the form of additional Class B Units, in each case, of the same series of Class B Units (“Class B PIK Units”), in an amount equal to the applicable Class B Distribution Amount for all Outstanding Class B Units.
Each Owner of record of a Class B Certificate will be entitled to receive such Owner's Percentage Interest in the Class B Distribution Amount due on such Payment Date to the Owners of the Class B Certificates.
The aggregate Class B Distribution Amount (excluding any portion paid in Class B PIK Units) shall be paid out of cash and cash equivalents that is deemed to be Operating Surplus for the applicable Quarter.