Distribution Reinvestment Sample Clauses

Distribution Reinvestment. The Company will adopt a distribution reinvestment plan (the “DRIP”), whereby stockholders will have their cash distributions automatically reinvested in additional shares of the same class unless they elect to receive their distributions in cash. The Subscriber is automatically enrolled in the DRIP unless the below box is checked. If the below box is not checked, 100% of the Subscriber’s cash distributions will be reinvested pursuant to the DRIP. Alterations to the election may be made at a later date in accordance with the terms of the DRIP. The Subscriber acknowledges that only persons who qualify as an accredited investor (as such term is defined by the Securities Act) may participate in the DRIP and that the Subscriber may not continue to participate in the DRIP (and will receive all distributions in cash) if the Subscriber ceases to so qualify. THE SUBSCRIBER IS AUTOMATICALLY ENROLLED IN THE DRIP UNLESS THE BELOW BOX IS CHECKED. COMPLETE IF THE SUBSCRIBER ELECTS NOT TO PARTICIPATE IN THE DRIP. ☐ The Subscriber hereby elects not to participate in the DRIP and requests that the Company pay any cash distributions to the bank account listed in Section O below.
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Distribution Reinvestment. In addition, each Non-Managing Member shall have the right and the option, upon written notice to the Managing Member, to have any cash proceeds, distributions or payments from any investments that would otherwise be subject to distribution to the Member in accordance with paragraph 7.4 be reinvested in the Fund on behalf of such Member, subject to such terms and conditions as may be adopted by the Managing Member from time to time.‌
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Distribution Reinvestment. 16 7.9 Withholding Obligations 16 7.10 Member Redemption 17 ARTICLE 8 MANAGEMENT DUTIES AND RESTRICTIONS 18 8.1 Management; Tax Elections; Operational Covenants 18
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Distribution Reinvestment. The Managing Member may make available to Members from time to time the right to purchase Shares with the proceeds of any Distribution pursuant to its Distribution Reinvestment Plan.
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Related to Distribution Reinvestment

  • Dividend Reinvestment Plan Any and all expenses incident to any dividend reinvestment plan.

  • Reinvestment On the terms and conditions hereinafter set forth as certified in writing to the Administrative Agent and the Collateral Agent, prior to the Facility Maturity Date, the Borrower may withdraw funds on deposit in the Principal Collection Account for the following purposes:

  • Distribution Compliance Period The Purchaser agrees not to resell, pledge or transfer any Purchased Shares within the United States or to any U.S. Person, as each of those terms is defined in Regulation S, during the 40 days following the Closing Date.

  • Liquidating Distribution As soon as is reasonably practicable after the Closing, the Acquired Fund will make a liquidating distribution to Acquired Fund Shareholders consisting of the Acquiring Fund Shares received at the Closing.

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