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
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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.

Related to No Distribution

  • Cash Distribution means the distribution by the Company to all holders of its Common Stock of cash, other than any cash that is distributed upon a merger or consolidation to which Section 2(h) applies or as part of a distribution referred to in paragraph (4) of Section 2(b).

  • Capital Distribution means, with respect to any Person, a payment made, liability incurred or other consideration given for the purchase, acquisition, repurchase, redemption or retirement of any Equity Interest of such Person or as a dividend, return of capital or other distribution in respect of any of such Person’s Equity Interests.

  • Distributions means amounts payable in respect of the Trust Securities as provided in Section 4.1.

  • Liquidation Distribution has the meaning specified in Section 9.4(d).

  • Distribution shall have the meaning set forth in the Recitals.