Distribution Commencement Date definition

Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;
Distribution Commencement Date means the first day of the month following Class B Closing.
Distribution Commencement Date means the date when distributions from the Trustee’s Deferral Account shall commence under Section 4.1 below.

Examples of Distribution Commencement Date in a sentence

For distributions on or after December 31, 1996, the Distribution Commencement Date may be a date prior to the date the written explanation is provided to the Participant if the distribution does not commence until at least 30 days after such written explanation is provided, subject to the waiver of the 30-day period.

If distribution is made in the form of an annuity, the Distribution Commencement Date is the first day of the first period for which annuity payments are made.

If a Participant commences distribution with respect to a portion of his/her Account Balance, a separate Distribution Commencement Date applies to any subsequent distribution.

The first payment of distribution will be made on the Distribution Payment Date next following the Distribution Commencement Date (and if the Distribution Commencement Date is not a Distribution Payment Date, will amount to the Initial Broken Amount shown on the face of such Perpetual Security).

If the due date for redemption or repayment of any Perpetual Security is not a due date for payment of distribution, distribution accrued from the preceding due date for payment of distribution or the Distribution Commencement Date, as the case may be, shall only be payable against presentation (and surrender if appropriate) of the relevant Bearer Perpetual Security or Certificate.


More Definitions of Distribution Commencement Date

Distribution Commencement Date means the first business day that is 30 days following the date of Separation from Service.
Distribution Commencement Date means the Issue Date of the Securities or such other date as may be specified as the Distribution Commencement Date in the applicable Issue Terms;
Distribution Commencement Date means the date that an Eligible Director elects as the date on which distribution of Deferred Amounts should begin, as indicated on the relevant Deferral Election Form.
Distribution Commencement Date means December 30, 2008.
Distribution Commencement Date means the first date on which a Distribution (or any payment under a Distribution) is paid or becomes payable.
Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date in the relevant Pricing Supplement;
Distribution Commencement Date means the Issue Date or such other date as may be specified hereon.