Second Distribution Date definition

Second Distribution Date is the first Business Day on or after March 1 of the second year following the end of the Performance Period.
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Second Distribution Date has the meaning set forth in Section 10.10(b)(ii).
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Second Distribution Date shall have the meaning set forth in Section 8.2(e).
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Examples of Second Distribution Date in a sentence

  • Buyer shall promptly notify Seller or the Representative in writing on or after the Second Distribution Date if there are no amounts due or to be distributed to Seller pursuant to Article VII of this Agreement.

  • Each Class D Unit issued on or after the First Distribution Date but prior to the Second Distribution Date shall have a Conversion Price equal to the Fair Market Value of a Class A Unit (after giving effect to the First Distribution ) at the time of issuance of such Class D Unit minus the Second Distribution Per Unit Amount.

  • Subject to the provisions of the Rights Agreement, the Rights evidenced by this Certificate may be redeemed by the Company at its option at a redemption price of $.001 per Right at any time prior to the earlier of the close of business on (i) the Second Distribution Date, and (ii) the Final Expiration Date, subject to extension as provided in the Rights Agreement.

  • As a result, a second distribution of approximately $8,000,000 was paid to DNIB shareholders of record as of the Distribution Record Date on the Second Distribution Date.

  • Each Class D Unit issued on or after the Second Distribution Date shall have a Conversion Price equal to the Fair Market Value of a Class A Unit (after giving effect to the First Distribution and the Second Distribution) at the time of the issuance of such Class D Unit.

  • The Trust shall distribute the First Distribution Amount to FirstCity on the First Distribution Date and shall distribute the Second Distribution Amount to FirstCity on the Second Distribution Date.

  • Second Distribution Date (optional): Remainder of Deferred Share Units will be delivered to me on the Second Distribution days (minimum of 90 days) following Date.

  • The Board of Directors may, at its option, at any time prior to the Second Distribution Date redeem all or part of the then outstanding Second Rights (other than Rights that have become void pursuant to the provisions of Section 7(e) hereof) at the Redemption Price as such amount may be appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof.

  • FirstCity and the Trust agree that on or about July 31, 1997, shall be a Distribution Date and that the Distribution Amount on the Second Distribution Date shall be the Second Distribution Amount.


More Definitions of Second Distribution Date

Second Distribution Date means the date of the Second Distribution. The actual
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Second Distribution Date means the date on which all actions required to complete the Second Distribution (specifically including the actual distribution of the HPOP and HOP stock to ABE) and to vxxx XXX with the burdens and benefits of owning the stock of HPOP and HOP have been completed.
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Second Distribution Date means the date on which the Partnership had completed the Second Distribution in respect of each Class A Unit.
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Second Distribution Date means the earlier of:
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Related to Second Distribution Date

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

  • First Distribution Date Initial Certificate Principal Balance of this May 27, 2003 Certificate as of the Cut-off Date: $___________ Master Servicer: Wells Fargo Bank Mixxxxxta, National Association CUSIP: ___________ Assumed Final Distribution Date: ___________ ASSET-BACKED CERTIFICATE SERIES 2003-AC2 This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator referred to below or any of their affiliates or any other person. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental entity or by Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator or any of their affiliates or any other person. None of Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced hereby in the beneficial ownership interest of Certificates of the same Class as this Certificate in a trust (the "Trust Fund") generally consisting of conventional first lien, fixed rate mortgage loans secured by one- to four- family residences, units in planned unit developments and individual condominium units (collectively, the "Mortgage Loans") sold by Bear Stearns Asset Backex Xxxxxities, Inc. ("BSABS"). The Mortgage Loans were sold by EMC Mortgage Corporation

  • Final Distribution Date The Distribution Date on which the final distribution in respect of the Certificates is made pursuant to Section 9.01.

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

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

  • 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.

  • 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.

  • Assumed Final Distribution Date The Distribution Date occurring in November 2035.

  • 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.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Periodic Distribution Date means the first Business Day that is as soon as reasonably practicable occurring approximately ninety (90) days after the immediately preceding Periodic Distribution Date.

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).

  • Group I Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group I Senior Percentage of the Principal Payment Amount for Loan Group I, (b) the Group I Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group I and (c) the Group I Senior Liquidation Amount.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • 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.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.