Distribution Day definition

Distribution Day means, for the Series 2022-1 Ownership Interest, the 15th day of the month or, if such day is not a Business Day, the next succeeding Business Day, with the first Distribution Day being March 15, 2022, and when modified by the word “related” in respect of a particular Determination Day or Determination Period means the immediately preceding Determination Day or the Determination Period ending on such Determination Day, as applicable.
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Distribution Day means with respect to a Series for a Determination Period, the date specified as such in the related Series Purchase Agreement and when modified by the word “related” in respect of a particular Determination Day or Determination Period shall mean the immediately preceding Determination Day or the Determination Period ending on such Determination Day, as applicable;
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Distribution Day means, for any Series Ownership Interest, the date specified as the Distribution Day in the related Series Purchase Agreement, if such day is not a Business Day, the next succeeding Business Day, and when modified by the word “related” in respect of a particular Determination Day or Determination Period means the immediately preceding Determination Day or the Determination Period ending on such Determination Day, as applicable.
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Examples of Distribution Day in a sentence

  • The Accumulation Period will end on the earliest of (a) the first Distribution Day on which the Invested Amount with respect to the Series 202●-● Ownership Interest is reduced to zero, (b) the Amortization Commencement Day, if applicable, for the Series 202●-● Ownership Interest, and (c) the Prescription Date.

  • If a Review is in process and the Notes will be paid in full on the next Distribution Day, the Servicer will notify the Asset Representations Reviewer no less than ten (10) days before that Distribution Day.

  • The annual Device Distribution Day was held on August 4th and was a huge success thanks to the Tech Dept.

  • Any increase or decrease in the Capital Contribution Balance of a Partner shall be credited or debited to such Partner's Capital Account Ledger on each Distribution Day.


More Definitions of Distribution Day

Distribution Day shall have the meaning specified in Section 2.02(h);
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Distribution Day means the date on which the relevant ration is distributed to the
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Distribution Day means the day that the Cooperative Company, according to the stipulations of distribution, distributes the operating revenue to Guarantee ;
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Related to Distribution Day

  • Distribution Period means, as to any securities or combination of securities, each period from and including a Distribution Date for such securities to but not including the next succeeding Distribution Date for such securities.

  • Distribution Date shall have the meaning set forth in Section 3(a) hereof.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • distribution losses means energy losses that result from the interaction of intrinsic characteristics of the distribution network such as electrical resistance with network voltages and current flows;

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).