Distribution Day definition

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 the date on which the relevant ration is distributed to the beneficiaries.
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Distribution Day means, for the Series 2022-2 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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Examples of Distribution Day in a sentence

  • The Investor shall be entitled to the dividends distributed by the Target Company for the previous year on the first Distribution Day (that is, the dividends for 2022, also known as the dividends for the first Accounting Period).

  • The Investor shall be entitled to the dividends distributed by the Target Company for the previous year on the Distribution Day (that is, the Then-current Dividends).

  • Such interest shall be paid by the Servicer to the Owner or its designee on the date such late payment is made and shall cover the period commencing with the day following such Distribution Day and ending with the Business Day on which such payment is made, both inclusive.

  • Subject to the more detailed provisions concerning payments to be made to the Holder of the Liquidity Note set forth in the Liquidity Note Agreement and the Indenture, generally, repayment of Draws previously funded by the Holder of the Liquidity Note, and interest accrued thereon as described below, and fees with respect thereto, will be made on each Distribution Day, to the extent funds are available therefor.

  • Subject to the more detailed provisions concerning payments to be made to the Holder of the Revolving Liquidity Note set forth in the Revolving Liquidity Note Agreement and the Indenture, generally, repayment of Draws previously funded by the Holder of the Revolving Liquidity Note, and interest accrued thereon as described below, and fees with respect thereto, will be made on each Distribution Day, to the extent funds are available therefor.

  • 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.

  • The Distribution Notice will be effective until the earlier of (a) the Distribution Day on which the Invested Amount of the Series 202●-● Ownership Interest is reduced to zero, and (b) the Prescription Date.

  • The amount deposited in the Reserve Account in respect of the requirement to make deposits during the Pre-Accumulation Reserve Period will be held in the Reserve Account, unless withdrawn for deposit to the Distribution Account, until the earlier of: (a) the Distribution Day on which the Invested Amount is reduced to zero, and (b) the Prescription Date, at which time such amounts shall be released to the Seller in respect of the Retained Interest.

  • 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.

  • ECHN shall have 30 days to approve or reject the documents in question or to request additional supporting documents or information.


More Definitions of Distribution Day

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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Distribution Day shall have the meaning specified in Section 2.02(h);
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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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Distribution Day means, for the Series 2021-1 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 October 15, 2021, and when modified by the word “related” in respect of a particular Determination Day
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Related to Distribution Day

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Distribution Period means, for any Distribution Date, the period from and including the Distribution Date immediately preceding such Distribution Date (or, in the case of the first Distribution Date, from and including the Closing Date) to but excluding such Distribution Date.

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

  • Distribution Dates The 25th day of each month or, if such 25th day is not a business day, the next succeeding business day beginning in ___________, _____. Certificate Rating for the Certificates Being Purchased by the Underwriter:

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