Distribution Date definition
Examples of Distribution Date in a sentence
The Distribution Date shall be the 25th day of the month in which the related Record Date occurs.
Any remainder of the redemption distribution is delivered on the next Business Day to the extent of remaining whole Baskets received if the applicable Trust receives the fee applicable to the extension of the Redemption Distribution Date which the Sponsor may, from time to time, determine and the remaining Redemption Baskets are credited to the applicable Trust’s DTC account on such next Business Day.
Following the Distribution Date, EMC agrees to provide all book-entry transfer authorizations for shares of EMC Common Stock that AREC or the Distribution Agent shall require (after giving effect to Sections 3.3 and 3.4) in order to effect the Distribution.
Any records or documents that were subject to a litigation hold prior to the Distribution Date must be retained by the applicable party (or other member of its Group) until such party or member of its Group is notified by the other party that the litigation hold is no longer in effect.
All covenants and agreements of the parties contained in this Agreement shall survive the Distribution Date indefinitely, unless a specific survival or other applicable period is expressly set forth herein.