Transfer Distribution definition
Transfer Distribution has the meaning given to such term in Section 9.2.
Examples of Transfer Distribution in a sentence
As part of the Transfer Distribution, the Manager shall cause the membership interests in the Springing LLC to be distributed to the Beneficial Owners in proportion to their Percentage Shares immediately prior to the dissolution of the Trust in complete satisfaction of their Beneficial Interests and their Beneficial Ownership Certificates in order to consummate the dissolution of the Trust.