Examples of Date of Distribution in a sentence
Date of Distribution: The Participant shall specify the initial distribution date.
Access to the new securities shall be automatically available within one working day after the Date of Distribution.
The Certificate Administrator shall include in the Form 10-D relating to the reporting period in which the Asset Review Trigger occurred the following statement describing the events that caused the Asset Review Trigger to occur: “As of the [Date of Distribution], the following Mortgage Loans identified below are sixty (60) or more days delinquent and an Asset Review Trigger as defined in the Pooling and Servicing Agreement has occurred.”.
The Certificate Administrator shall include in the Form 10-D relating to the reporting period in which the Asset Review Trigger occurred the following statement describing the events that caused the Asset Review Trigger to occur: “As of the [Date of Distribution], the following mortgage loans identified below are 60 or more days delinquent and an Asset Review Trigger as defined in the Pooling and Servicing Agreement has occurred”.
Notwithstanding the foregoing, the Date of Distribution may occur more than 180 days (90 days for Plan Years beginning before May 1, 2007) after the date of the issuance of the written explanation as a result of administrative delay.