No Distribution definition

No Distribution. (except as contemplated by the Relationship Agreement as at 19 June 1998) a distribution or return of any of the capital of the PHF Trust will not be made without the prior written consent of the Financiers; and

Examples of No Distribution in a sentence

  • No Distribution shall be declared and paid unless, after such Distribution is made, the assets of the Company are in excess of all liabilities of the Company.

  • No Distribution shall be declared and paid if payment of such Distribution would cause the Company to violate any limitation on distributions provided in the Act.

  • No Distribution Fee will be payable for any Offered Shares issued under the Fund’s distribution reinvestment plan (the “DRP”).

  • No Distribution shall be made if such Distribution would violate the Act.

  • No Distribution Equivalent Payments shall be made if such Tranche RIUs do not vest as Certified RIUs, are forfeited, or are otherwise canceled.

  • No Distribution Fees will be paid for Class A Shares sold in the Primary Offering or for Class A or Class T Shares sold under the distribution reinvestment plan.

  • No Distribution Service or Transmission Service ...............................

  • No Distribution Fee will be payable for any Offered Shares issued under the Corporation’s distribution reinvestment plan (the “DRP”).

  • No Distribution Fee will be payable for any Offered Shares issued under the DRP.

  • No "Distribution Date" or "Shares Acquisition Date" (as such terms are defined in the Firstar Rights Plan) has occurred.