The Distribution Date definition

The Distribution Date. The Distribution Date on which the Class A-1 Date on which the Class Date on which the Class A-3 Certificate Principal A-2 Certificate Principal Certificate Principal Balance is reduced to zero. Balance is reduced to zero Balance is reduced to zero.
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, upon approval by a majority of the directors): - the tenth day after a public announcement that a person or group of affiliated or associated persons has acquired 15% or more of the outstanding Common Shares (thereby becoming an "Acquiring Person" under the Rights Plan; the date of such public announcement is referred to as the "Stock Acquisition Date"); or - the tenth day after the commencement or announcement of a tender or exchange offer by a person or group for 15% or more of the outstanding Common Shares. Acquisitions by the following persons will not result in the person becoming an Acquiring Person: The Company, any subsidiary, any employee benefit plan of the Company, a person who becomes an Acquiring Person as a result of inheritance (unless and until such person acquires additional Common Shares not beneficially owned by such person or which such person did not have the right to acquire from the Company on the date of the Rights Plan), Pierre L. LaBarge, Jr., Craig E. LaBarge, or any other person approved in advance by the Board of Directors. After the Distribution Date, the Rights will be tradable 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.
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.

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.

  • The Distribution Date occurring three (3) calendar months prior to the first scheduled Distribution Date of the Accumulation Period (as adjusted in accordance with Section 2.11 hereof) and any following Distribution Date No condition.

  • The Distribution Date occurring six (6) calendar months prior to the first scheduled Distribution Date of the Accumulation Period (as adjusted in accordance with Section 2.11 hereof) and any following Distribution Date The three-month rolling average Excess Spread Percentage is less than 3%.

  • The Distribution Date occurring twelve (12) calendar months prior to the first scheduled Distribution Date of the Accumulation Period (as adjusted in accordance with Section 2.11 hereof) and any following Distribution DateThe three-month rolling average Excess Spread Percentage is less than 2%.

  • The Distribution Date occurring four (4) calendar months prior to the first scheduled Distribution Date of the Accumulation Period (as adjusted in accordance with Section 2.11 hereof) and any following Distribution Date The three-month rolling average Excess Spread Percentage is less than 4%.

  • 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.

  • 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).

  • 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.

  • The Distribution Date occurring three (3) calendar months prior to the first scheduled Distribution Date of the Accumulation Period (as adjusted in accordance with Section 2.13 hereof) and any following Distribution Date No condition.

  • The Distribution Date occurring six (6) calendar months prior to the first scheduled Distribution Date of the Accumulation Period (as adjusted in accordance with Section 2.13 hereof) and any following Distribution Date The three-month rolling average Excess Spread Percentage is less than 3%.


More Definitions of The Distribution Date

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...
The Distribution Date. BANK OF NEW YORK 101 Barclay St., 8W CWABS, Inc. New York, NY 10286 CWABS Asset-Backed Certificates Trust 200_-_ 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 --------------------------------------------------------------------------------------------------------------------------------
The Distribution Date means the first to occur of the following three days, viz:-
The Distribution Date means the first to occur of the following three days:
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):

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 is made pursuant to Section 9.01.

  • 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 means the [ ] Distribution Date.

  • 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.

  • 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 ISIN NO.: [USU48120AB20](1) APRIL 16, 2007 [US46630JAS87](2) [US46630JAT60](3) APPROXIMATE AGGREGATE COMMON CODE NO.: [029469598](1) CERTIFICATE BALANCE [029470740](2) OF THE CLASS C CERTIFICATES AS OF THE CLOSING DATE: $26,928,000 CERTIFICATE NO.: C-[--]

  • 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 October 2019 No.: A-1-[_] 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 A-1 Certificates. The Trust Fund, described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial, multifamily and manufactured housing community (if any) 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 and Servicing 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 and Servicing Agreement and is bound thereby. The Pooling and Servicing Agreement, dated as of March 1, 2015 (the “Pooling and Servicing Agreement”), between the Depositor, Wells Fargo Bank, National Association, as master servicer (the “Master Servicer”), LNR Partners, LLC, as a special servicer (the “LNR Special Servicer”), Midland Loan Services, A Division of PNC Bank, National Association, as a special servicer (the “Midland Special Servicer”), Park Bridge Lender Services LLC, as operating advisor (the “Operating Advisor”) Wilmington Trust, National Association, as trustee (the “Trustee”) and Deutsche Bank Trust Company Americas, as certificate administrator (in such capacity, the “Certificate Administrator”), paying agent and custodian, evidences the issuance of the Class A-1, Class A-2, Class A-3, Class A-SB, Class A-4, Class A-5, Class X-A, Class A-M, Class B, Class PEZ, Class C, Class X-B, Class X-C, Class X-D, Class D, Class E, Class F, Class G, Class H, Class V, Class R and Class LR Certificates (the “Certificates”; the Holders of Certificates issued under the Pooling and Servicing Agreement are collectively referred to herein as “Certificateholders”). This Certificate is issued pursuant to, and in accordance with, the terms of the Pooling and Servicing Agreement. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling and Servicing Agreement. This Certificate represents 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. Each Holder of this Certificate, by acceptance hereof, agrees to treat, and take no action inconsistent with the treatment of, this Certificate in accordance with the preceding sentence for purposes of federal income taxes, state and local income and franchise taxes and other taxes imposed on or measured by income. The Certificate Administrator 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 Certificate Administrator under the Pooling and Servicing Agreement. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency.

  • 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 means the November 2011 Distribution Date.

  • Relevant Distribution Date With respect to (a) any Significant Obligor with respect to the Trust, the Distribution Date, and (b) any “significant obligor” (within the meaning of Item 1101(k) of Regulation AB) with respect to an Other Securitization holding a Serviced Companion Loan, the “Distribution Date” (or 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.

  • Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.