Distribution Payment definition

Distribution Payment is defined in Section 9.1 hereof.

Distribution Payment means the payment to an Eligible Claimant in accordance with the terms of this Distribution Plan.

Distribution Payment has the meaning ascribed to such term in Section 4.6.

Examples of Distribution Payment in a sentence

• Such credits or payments, as the case may be, shall be made by the Transfer Agent on the date established for same in the Proper Instructions (the "Distribution Payment Date").

• In addition, the Debentures may be redeemed by the Debenture Issuer at the Special Redemption Price, in whole but not in part, at any Distribution Payment Date, upon the occurrence and continuation of a Special Event within 120 days following the occurrence of such Special Event at the Special Redemption Price, upon not less than 30 nor more than 60 days’ notice to holders of such Debentures so long as such Special Event is continuing.

• As the Dividend Disbursing Agent, the Transfer Agent shall, on or before the Distribution Payment Date, notify the Custodian of the estimated amount required to pay any portion of said distribution that is payable in cash and instruct the Custodian to make sufficient funds available to pay such amounts.

• In addition, the Debentures may be redeemed by the Debenture Issuer at the Special Redemption Price, in whole but not in part, at any Distribution Payment Date, upon the occurrence and continuation of a Special Event within 120 days following the occurrence of such Special Event at the Special Redemption Price, upon not less than 30 nor more than 60 days' notice to holders of such Debentures so long as such Special Event is continuing.

• No Extension Period may end on a date other than a Distribution Payment Date.

More Definitions of Distribution Payment

Distribution Payment means the payment to an Eligible Claimant in accordance with the Distribution Plan.

Distribution Payment means, for any distribution declared and paid on one Partnership Common Unit, the amount of such distribution (excluding dividends and distributions paid in the form of additional shares of Common Stock and Partnership Common Units (as defined in the Partnership Agreement) unless adjustment is otherwise made pursuant to Section 13 of the Plan).

Distribution Payment means the payment to an Eligible Claimant in accordance with the Plan. The Distribution Payment for an Eligible Claimant will be calculated in a pro rata fashion in accordance with the Plan of Allocation.

Distribution Payment means a cheque, or electronic transfer made, in the name of a Citizen representing payment of the amount of a Distribution Share owing to the Citizen on a Distribution Date;

Distribution Payment means an amount equal to EBITDA for an Applicable Distribution Period, less: (i) all third-party interest expenses for the Applicable Distribution Period, (ii) all Tax expenses for the Applicable Distribution Period, and (iii) all capital expenditures for the Applicable Distribution Period.

Distribution Payment means (a) the payment by the Borrower of any dividend or other distribution on any Equity Interest in cash or Cash Equivalents and (b) the reduction of capital by the Borrower paid with retained earnings or free reserves. For the purpose of determining the amount of any dividend payment or distribution made in Cash Equivalents, the U.S. Dollar Amount of such Cash Equivalents shall be calculated as of three Business Days prior to the record date for the Related Series of Notes for such dividend payment or distribution.

Distribution Payment means a payment from the Fair Fund to a Payee in accordance with the terms of this Plan.