Quarterly Distribution Date definition

Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.

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Quarterly Distribution Date means the first Business Day after the end of each quarterly calendar period (i.e., March 31, June 30, September 30, and December 31 of each calendar year) occurring after the Effective Date.

Quarterly Distribution Date means the 25th day of each of January, April, July and October, or, if such day is not a Business Day, the immediately following Business Day, commencing October 27, 2008.

Examples of Quarterly Distribution Date in a sentence

• The preceding provisions of this Section notwithstanding, the Eligible Lender Trustee shall not be required to make and the Excess Distribution Certificate Registrar need not register transfers or exchanges of the Excess Distribution Certificate for a period of 15 days preceding any Quarterly Distribution Date with respect to the Excess Distribution Certificate.

• On each date when the Issuer receives a prepayment of such amounts, it shall deposit such amounts into the Borrower Benefit Account, and such amounts shall be included in Available Funds on the next Quarterly Distribution Date to the extent there is a deficiency caused by a realized Borrower Benefit Yield Reduction for the related Collection Period.

• As compensation for the performance of the Administrator’s obligations under this Agreement and as reimbursement for its expenses related thereto, the Administrator shall be entitled to $20,000 for each Collection Period payable on the related Quarterly Distribution Date (the “Administration Fees”) payable in arrears which shall be solely an obligation of the Issuer.

• The Primary Servicing Fee for each calendar month and any Carryover Servicing Fees payable on any Quarterly Distribution Date in arrears by the Issuer shall be equal to the amounts determined by reference to the schedule of fees attached hereto as Attachment A.

• This amount will be included with other Available Funds on the first Quarterly Distribution Date.

More Definitions of Quarterly Distribution Date

Quarterly Distribution Date means the first Business Day after the end of each quarterly calendar period (i.e., March 31, June 30, September 30, and December 31 of each calendar year) occurring after the Effective Date, or as soon thereafter as is reasonably practicable.

Quarterly Distribution Date means the calendar quarters ending in March, June, September and December, on which dates the Reorganized Debtors shall make payments and distributions from the reserve established for Disputed Claims to each holder of a Disputed Claim that has become an Allowed Claim during the preceding calendar quarter.

Quarterly Distribution Date means the forty-fifth (45th) day after the end of the Quarter following the Quarter in which the Effective Date occurs and the forty-fifth (45th) day after the end of each subsequent Quarter.

Quarterly Distribution Date means the [ ]th day of August, November, February and May in each year (or, if such a day is not a Business Day, the next Business Day). The first Quarterly Distribution Date is [ ] (or, if that day is not a Business Day, the next Business Day).

Quarterly Distribution Date means the twentieth day of the month following the end of each calendar quarter after the Effective Date (including, for the avoidance of doubt, the calendar quarter in which the Effective Date occurs), or as soon as reasonably practicable thereafter.

Quarterly Distribution Date means the distribution date established by the Managing Member as promptly as practicable following the last day of each calendar quarter (which shall, in any case, occur no later than thirty (30) days following the last day of such calendar quarter).

Quarterly Distribution Date means November 15, February 15, May 15 and August 15.