Distribution Payment Date definition

Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

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Distribution Payment Date has the meaning ascribed thereto in Section 2.1(C)(1) hereof.

Distribution Payment Date means the third Business Day of the month immediately following the month in which the related Distribution Date occurred.

Examples of Distribution Payment Date in a sentence

• Distributions on the Series A Mandatory Convertible Preferred Mirror Units will accumulate from, and including, the last date to which distributions have been paid (or, if no distributions have been paid, from, and including, the Initial Issue Date) to, but excluding, the next Distribution Payment Date, and distributions will cease to accumulate from and after May 1, 2028.

• Subject to the other provisions of this Section 16 such distributions will be payable when, as and if declared by the Manager, out of funds legally available for their payment to the extent paid in cash (subject to Section 16.03(b)(i)), quarterly in arrears on each Distribution Payment Date, to the Series A Holders as of the Close of Business (as defined in the Certificate of Designations) on the immediately preceding Series A Record Date.

• No interest, distribution or other amount will accrue or accumulate on any distribution on the Series A Mandatory Convertible Preferred Mirror Units that is not declared or paid on the applicable Distribution Payment Date.

More Definitions of Distribution Payment Date

Distribution Payment Date means the dates upon which the General Partner makes distributions in accordance with Section 5.1.

Distribution Payment Date means March 15, June 15, September 15 and December 15 of each year, commencing March 15, 2017.

Distribution Payment Date in respect of the distributions payable on the Series 1 Preferred Limited Partnership Units means the day on or before the last day of each of March, June, September, and December in each year.

Distribution Payment Date means, with respect to any Distribution Period, the payment date for the distribution declared by the General Partner on its Common Units for such Distribution Period or, if no such distribution payment date is established, the last business day of the first full month following such Distribution Period.

Distribution Payment Date means the first calendar day of January, April, July and October, in each year, commencing on April 1, 2007; provided, however, that if any Distribution Payment Date falls on any day other than a Unit Business Day, the distribution payment due on such Distribution Payment Date shall be paid on the first Unit Business Day immediately following such Distribution Payment Date.

Distribution Payment Date has the meaning assigned to it in Section 3(a) hereof.

Distribution Payment Date in respect of the distributions payable on the Series 8 Preferred Limited Partnership Units means the day on or before the last day of each Quarterly Floating Rate Period in each year.