Examples of Interim Distribution in a sentence
Under the Approved Interim Distribution Plan, the actual dollars invested by a Tier I investor are first multiplied by the pro rata multiplier and then the withdrawals previously received from such Tier I investor are subtracted from this amount.
A Tier II investor receives distributions based upon the amount distributed to such investor'sTier I investor.2 The Approved Interim Distribution Plan alsoprovided that prior withdrawals by a Tier I investor would be analyzed under the rising tide method under which "investors are permitted to retain previously received funds, but those withdrawals will be credited against the investors' respective pro rata shares calculated based on the full amounts invested." CFTC, 2005 WL 2143975 at *24.
This is not applicable as the 2010 Interim Distribution comprised the sales proceeds of the Disposal and available cash resources of RREEF CCT.
Under the Approved Interim Distribution Plan, "entity investors must disclose the identity of all persons having a beneficial interest of any kind in the investor entity." CFTC, 2005 WL 2864781 at *1.[276] hereinafter ("Reply of Equity Receiver") at Exhibit A.
The 2010 Interim Distribution of HK$1,903.1 million comprising the sales proceeds of the Disposal and available cash resources of RREEF CCT.