The Distribution Date definition

The Distribution Date. The Distribution Date on which the Class A-4 Date on which the Class Date on which the Class Certificate Principal A-5 Certificate Principal A-6 Certificate Principal Balance is reduced to zero. Balance is reduced to zero. Balance is reduced to zero.
Sample 1Sample 2
The Distribution Date is the earlier to occur of the following two events (or such later date as may be determined by the Board of Directors): - 10 business days following a public announcement that a person or group of affiliated or associated persons (an "Acquiring Person") have acquired beneficial ownership of 15% or more of the outstanding Common Shares; or - 10 business days (or such later date as may be determined by action of the Board of Directors prior to such time as any Person becomes an Acquiring Person) after the commencement of, or announcement of an intention to make, a tender offer or exchange offer the consummation of which would result in the beneficial ownership by a person or group of 30% or more of such outstanding Common Shares. Acquisitions by the following persons will not result in the person becoming an Acquiring Person: the Company, any subsidiary or employee benefit plan of the Company, or any other person approved in advance by the Board of Directors. After the Distribution Date, the Rights will be tradeable separately from the Common Shares. After the Distribution Date and after the Company's right to redeem (as described below) has expired, the Rights will be exercisable in two different ways depending on the circumstances as set forth below.
Sample 1
The Distribution Date is the earlier to occur of the following two events: - The tenth business day after a public announcement that a person or group of affiliated or associated persons has acquired or obtained the right to acquire 20 percent or more of the outstanding Common Shares (except pursuant to a Permitted Offer or a Qualifying Offer, each as defined in the Rights Agreement); or - The tenth business day after the commencement of, or public disclosure of an intention to commence, a tender offer or exchange offer by a person other than an exempt person if, upon consummation of the offer, such person could acquire beneficial ownership of 20 percent or more of the outstanding of Common Shares.
Sample 1

Examples of The Distribution Date in a sentence

  • The Distribution Date shall be as set forth in the Prospectus under "Summary of Essential Information." F.

  • Accumulation Period Reserve Account Funding Date: The Distribution Date occurring in the third Collection Period preceding the scheduled commencement of the Controlled Accumulation Period (or such earlier or later date as may be directed by the Servicer; provided, however, that, if the Accumulation Period Reserve Account Funding Date occurs on a later date, the Servicer expects the Accumulation Period Reserve Account to be fully funded by the commencement of the Controlled Accumulation Period).

  • The Distribution Date following the third anniversary of the scheduled maturity date of the Mortgage Loan having the latest scheduled maturity date as of the Cut-off Date.

  • The Distribution Date, as to the first distribution made by the Distribution Agent, and thereafter, such Business Days as determined in the sole discretion of the Distribution Agent.

  • Latest Possible Maturity Date ----------------------------- The Distribution Date following the third anniversary of the scheduled maturity date of the Loan having the latest scheduled maturity date as of the Cut-off Date.

  • The Distribution Date shall be determined as hereinafter provided.

  • The Distribution Date following the Due Period at the end of which the Pool Balance is less than 10% of the sum of the Cut-Off Date Pool Balance and the Original Pre-Funded Amount.

  • The Distribution Date following the third anniversary of the scheduled maturity date of the Loan having the latest scheduled maturity date as of the Cut-off Date.

  • The Distribution Date Report shall be a portion of the Monthly Report to be provided to the Paying Agent, the Initial Member and the Purchase Money Notes Guarantor in accordance with the LLC Operating Agreement.

  • The "Distribution Date" shall mean the date upon which the Distribution occurs after the fulfillment or waiver of the Distribution Conditions, as defined below.


More Definitions of The Distribution Date

The Distribution Date means the first to occur of the following three days, viz:-
Sample 1
The Distribution Date means the first to occur of the following three days:
Sample 1
The Distribution Date. BANK OF NEW YORK 101 Barclay St., 8W CWABS, Inc. New York, NY 00000 CWABS Asset-Backed Certificates Trust 000_-_ Series 200_-_ Officer: [______] [______] Associate: [______] [______] Certificateholder Monthly Distribution Summary -------------------------------------------------------------------------------------------------------------------------------- Certificate Pass Current Cumulative Class Rate Beginning Through Principal Interest Total Realized Ending Realized Class Cusip Description Type Balance Rate (%) Distribution Distribution Distribution Losses Balance Losses -------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------------------- Totals --------------------------------------------------------------------------------------------------------------------------------
Sample 1
The Distribution Date is the earlier to occur of the following two events (or such later date as may be determined by the Board of Directors):
Sample 1
The Distribution Date. Such Officer's Certificate shall set forth the reasons for such determination of nonrecoverability, together with, to the extent such information, report or document is in the Master Servicer's or Special Servicer's possession, any related financial information such as related income and expense statements, rent rolls, occupancy status, property inspections and any Appraisals performed within the last 12 months on the Mortgaged Property, and, if such reports are used by the Master Servicer or the Special Servicer, as applicable, to determine that any P&I Advance or Servicing Advance, as applicable, would be a Nonrecoverable Advance, any engineers' reports, environmental surveys, internal final valuations or other information relevant thereto which support such determination. If the Trustee determines at any time that any portion of an Advance previously made or a portion of a proposed Advance that the Trustee is required to make pursuant to this Agreement, if made, would constitute a Nonrecoverable Advance, such determination shall be evidenced by an Officer's Certificate of a Responsible Officer of the Trustee delivered to the Depositor, the Master Servicer, the Special Servicer, the Paying Agent and the Operating Adviser (or the Monmouth Mall Mortgage Loan Operating Adviser with respect only to the Monmouth Mall Mortgage Loan) similar to the Officer's Certificate of the Master Servicer or the Special Servicer described in the prior sentence. If the Special Servicer determines at any time that any portion of an Advance previously made would constitute a Nonrecoverable Advance, such determination shall be evidenced by an Officer's Certificate of a Responsible Officer of the Special Servicer, delivered to the Depositor, the Master Servicer, the Trustee, the Paying Agent and the Operating Adviser (or the Monmouth Mall Mortgage Loan Operating Adviser with respect only to the Monmouth Mall Mortgage Loan) similar to the Officer's Certificate of the Master Servicer described above. The Trustee shall not be required to make an Advance that the Master Servicer or the Special Servicer (or with respect to a Mortgage Loan included in a Loan Pair or any Non-Serviced Mortgage Loan, the related Other Master Servicer) has previously determined to be a Nonrecoverable Advance. Notwithstanding any other provision of this Agreement, none of the Master Servicer, the Special Servicer, the Trustee shall be obligated to, nor shall it, make any Advance or make any payment that is...
Sample 1

Related to The Distribution Date

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • Initial Distribution Date means the date occurring as soon as reasonably practicable after the Effective Date when distributions under the Plan shall commence.

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Final Distribution Date The Distribution Date on which the final distribution in respect of the Certificates will be made pursuant to Section 9.01, which Final Distribution Date shall in no event be later than the end of the 90-day liquidation period described in Section 9.02. Fitch: Fitch Ratings or its successor in interest.

  • Class Final Distribution Date means, as applicable, the Class A-1 Final Distribution Date, the Class A-2a Final Distribution Date, the Class A-2b Final Distribution Date, the Class A-3 Final Distribution Date, the Class A-4 Final Distribution Date, the Class B Final Distribution Date, the Class C Final Distribution Date or the Class D Final Distribution Date, as the context requires.

  • Class B Final Distribution Date has the meaning set forth in the Sale and Servicing Agreement.

  • Class C Final Distribution Date has the meaning set forth in the Sale and Servicing Agreement.

  • Regular Distribution Date With respect to distributions of Scheduled Payments in respect of the Certificates, means each date designated as a Regular Distribution Date in the Certificates issued pursuant to this Agreement, until payment of all the Scheduled Payments to be made under the Equipment Notes held in the Trust have been made; provided, however, that, if any such day shall not be a Business Day, the related distribution shall be made on the next succeeding Business Day without additional interest.

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.

  • First Distribution Date November 18, 1998 Cut-Off Date: October 11, 1998 Aggregate Initial Notional Amount of the Scheduled Final Distribution Class X Certificates: $1,861,517,825 Date: October 2028 CUSIP: 36228C CM 3 Initial Notional Amount of this Certificate: $[_________] ISIN: US36228CCM38 Common Code: 9198318 No.: [_______] This certifies that [_________________________] is the registered owner of a beneficial ownership interest in a Trust Fund, including the distributions to be made with respect to the Class X Certificates. The Trust Fund, described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial properties and held in trust by the Trustee and serviced by the Master Servicer. The Trust Fund was created, and the Mortgage Loans are to be serviced, pursuant to the Pooling Agreement (as defined below). The Holder of this Certificate, by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling Agreement and is bound thereby. Also issued under the Pooling Agreement are the Class A-1, Class A-2, Class A-3, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class K, Class Q, Class R and Class LR Certificates (together with the Class X Certificates, the "Certificates"; the Holders of Certificates are collectively referred to herein as "Certificateholders"). This Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of October 11, 1998 (the "Pooling Agreement"), by and among GS Mortgage Securities Corporation II, as Seller, Xxxxxxx Xxxxx Mortgage Company, as a Responsible Party, Falcon Financial, LLC, as a Responsible Party, AMRESCO Capital Limited, Inc., as a Responsible Party, AMRESCO Commercial Mortgage Funding, L.P., as a Responsible Party, GMAC Commercial Mortgage Corporation, as Master Servicer and Special Servicer, LaSalle National Bank, as Trustee, and ABN AMRO Bank N.V., as Fiscal Agent. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling Agreement. This Certificate represents a pro rata undivided beneficial interest in a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended. The Trustee makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Trustee under the Pooling Agreement. Pursuant to the terms of the Pooling Agreement, the Trustee, or the Paying Agent on behalf of the Trustee, will distribute (other than the final distribution on any Certificate), on the 18th day of each month (or, if such 18th day is not a Business Day, the next succeeding Business Day), commencing on November 18, 1998 (each such date, a "Distribution Date"), to the Person in whose name this Certificate is registered as of the related Record Date, an amount equal to such Person's pro rata share (based on the Percentage Interest represented by this Certificate) of that portion of the aggregate amount of interest then distributable, if any, allocable to the Class X Certificates for such Distribution Date, all as more fully described in the Pooling Agreement. Holders of this Certificate may be entitled to Yield Maintenance Charges, as provided in the Pooling Agreement.

  • Subsequent 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 thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Periodic Distribution Date means, unless otherwise ordered by the Bankruptcy Court, the first Business Day that is 120 days after the Effective Date, and, for the first year thereafter, the first Business Day that is 120 days after the immediately preceding Periodic Distribution Date. After one year following the Effective Date, the Periodic Distribution Date will occur on the first Business Day that is 180 days after the immediately preceding Periodic Distribution Date, unless and until otherwise ordered by the Bankruptcy Court.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Semi-Annual Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Distribution Time means the time at which the Distribution is effective on the Distribution Date, which shall be deemed to be 11:59 p.m., Eastern Daylight Time, on the Distribution Date.

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Special Distribution Date Means, with respect to the Certificates of any series, each date on which a Special Payment is to be distributed as specified in this Agreement.

  • In-Kind Distribution Date means , .

  • Assumed Final Distribution Date February 19, 2035, or if such day is not a Business Day, the next succeeding Business Day.

  • Income Account Distribution Date and "Capital Account Distribution Date" shall mean the dates set forth under "Essential Information--Distribution Dates" in the Prospectus.

  • Class A-2 Final Distribution Date has the meaning set forth in the Sale and Servicing Agreement.

  • Relevant Distribution Date With respect to (a) any Significant Obligor with respect to the Trust, the Distribution Date, and (b) any Significant Obligor with respect to an Other Securitization Trust, the “Distribution Date” (or an analogous concept) under the related Other Pooling and Servicing Agreement.

  • Capital Account Distribution Date means the dates set forth under "Essential Information--Distribution Dates" in the Prospectus.

  • Tax Distribution Date has the meaning set forth in Section 4.01(b)(i).

  • Distribution Date shall have the meaning set forth in Section 3(a) hereof.