Examples of Initial Distribution Amount in a sentence
Borrower shall pay the Lender the following fee in the aggregate of 3 1/3% of the Loan Amount, payable as follows: Upon interim approval of the Loan by the Bankruptcy Court and distribution of the Initial Distribution Amount of $200,000, Borrower shall pay a fee of $8,000.
For the avoidance of doubt, the Credit Facility Beneficiaries will not be entitled to receive any portion of the Initial Distribution Amount.
Each Beneficiary, including each Credit Facility Beneficiary, shall be entitled to receive its share of distributions to Beneficiaries in excess of the Initial Distribution Amount based on such Beneficiary's Beneficiary Sharing Ratio in effect at the time of the distribution.
Encana is not, and has not been at any time prior to the Reorganization, a “controlled foreign corporation”within the meaning of Section 957 of the Code, and (b) the value of the fraction of an Initial Ovintiv Common Share distributed to holders of Encana Common Shares pursuant to the Reorganization (i.e., the Initial Distribution Amount) is nil.
According to data from the Gallup World Poll, in most OECD countries a majority of people does not trust their government (Figure 4.5).