Income Distribution definition

Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Income Distribution means a distribution made from —

Income Distribution shall have the meaning assigned to it in Section 3.05.

Examples of Income Distribution in a sentence

• The Administrative Agent shall also direct the Trustee (i) in amending the Income Distribution Agreement pursuant to Section 6.3(c) and (d), and (ii) in settling and terminating settlement contracts in connection with Paired Optional Redemptions and entering into new settlement contracts in connection with Paired Issuances, in each case, on a net basis, as determined pursuant to Section 6.3(c).

• If the Up-MACRO Holding Trust has no Up-MACRO Available Income on such Distribution Date, then the Up-MACRO Holding Trust shall not be required to make any payment under the Income Distribution Agreement on such Distribution Date or on any subsequent date and no interest shall accrue on any such unpaid amounts.

• Each Depositor Indemnified Party shall also be indemnified by the Up-MACRO Holding Trust and held harmless against any loss, liability or expense arising under the Income Distribution Agreement, the Settlement Contracts or any Participants Agreement insofar as such loss, liability or expense arises from any untrue statement or alleged untrue statement of a material fact contained in any written statement provided to the Depositor by any of the Calculation Agent, the Administrative Agent and the Trustee.

• Each Depositor Indemnified Party shall also be indemnified by the Down-MACRO Holding Trust and held harmless against any loss, liability or expense arising under the Income Distribution Agreement, the Settlement Contracts or any Participants Agreement insofar as such loss, liability or expense arises from any untrue statement or alleged untrue statement of a material fact contained in any written statement provided to the Depositor by any of the Calculation Agent, the Administrative Agent and the Trustee.

• If the Down-MACRO Holding Trust has no Down-MACRO Available Income on such Distribution Date, then the Down-MACRO Holding Trust shall not be required to make any payment under the Income Distribution Agreement on such Distribution Date or on any subsequent date and no interest shall accrue on any such unpaid amounts.

More Definitions of Income Distribution

Income Distribution means any cash distribution made by the Company other than in the event of Sale, Recapitalization or Refinancing.

Income Distribution shall be computed by the Depositor-Sponsor.

Income Distribution shall be computed by the Board.

Income Distribution means either an interim or final cash income distribution declared by

Income Distribution. Dividends equity Distributions - managed funds 5 days of receipt From time of receipt of monies and confirmations to allocation to Clients account. Quarterly Reports: 3 weeks after quarter end Correspondence sent to Client. Annual Reports 0 Transactions 0 Taxation Corporate Actions: 8 weeks after EOY Correspondence sent to Client.

Income Distribution the distribution of ▇▇▇▇▇▇ ▇y Newco to its shareholders by way of dividend or otherwise;

Income Distribution review whether the income of a Fund is applied in accordance with the Regulations and the Conditions of a Fund;