Distributable Amount definition

Distributable Amount means the vested balance in the applicable Account as determined under Article 4.
Distributable Amount means the vested balance in the Participant's Deferral Account and Company Contribution Account.
Distributable Amount means the vested balance in a Participant’s Accounts subject to distribution in a given Plan Year.

Examples of Distributable Amount in a sentence

Notwithstanding the foregoing, the Servicer or any successor to the Servicer shall not be permitted to exercise such option if the amount to be distributed to Securityholders on the related Payment Date would be less than the Note Distributable Amount and Certificate Distributable Amount.

Pursuant to this new provision, a resolution authority will have the power to prohibit an entity frommaking discretionary payments above the maximum distributable amount (calculated in accordance with the new Article 16.a)(4) of the BRRD) where it meets the “combined buffer requirement” but fails to meet that “combined buffer requirement” when considered in addition to the MREL requirements (the “MREL-Maximum Distributable Amount Provision”).

On or before each Distribution Date, (i) amounts shall be deposited in the Collection Account as provided in Section 4.06 of the Servicing Agreement and (ii) the Aggregate Noteholders’ Interest Distributable Amount and the Aggregate Noteholders’ Principal Distributable Amount shall be transferred from the Collection Account to the Note Distribution Account as and to the extent provided in Section 4.06 of the Servicing Agreement.

To evidence such subrogation, the Note Registrar shall note the Insurer's rights as subrogee upon the register of Noteholders upon receipt from the Insurer of proof of payment by the Insurer of any Noteholders' Interest Distributable Amount or Noteholders' Principal Distributable Amount.

Payment of Class C Interest Distributable Amount from Reserve Account $0.00 8.


More Definitions of Distributable Amount

Distributable Amount means the amount credited to a Participant’s Account.
Distributable Amount means the balance of a Participant's Account at any given time.
Distributable Amount means the balance in the Participant's Deferral Account.
Distributable Amount means the balance in the Participant’s Deferral Account provided that such balance in the Deferral Account has also satisfied all requirements in Article 6 of the Plan necessary to be distributable.
Distributable Amount means the entire amount credited to a Participant’s Account or Plan Year Account. Such amount shall be valued on the date the distribution is made to the Participant under Article VII.
Distributable Amount means (a) the sum of the Special Distribution Amount plus (b) the amount described in Section 2.6(b) of the Contribution Agreement plus (c) the amount described in Section 2.3(e)(i) of the Contribution Agreement.
Distributable Amount means, in respect of each Index Fund, the amount of Income Property distributable by way of an interim distribution or final distribution calculated in accordance with Clause 16 of the Trust Deed.