Gross Distribution definition
Gross Distribution means the Gross Amount of any dividend, coupon or similar distribution amount paid on any underlying (as published by the issuer of the underlying).
Gross Distribution has the meaning set out in Clause 9.8
Examples of Gross Distribution in a sentence
The LBI Appropriation Deferral Election allows a CRA Omnibus Beneficiary to defer the exercise of the Company’s rights to appropriate a Reduced Gross Distribution to reduce its Net Financial Liability until its 19/9 Shortfall Claim has been determined.