Time of distribution definition

Time of distribution means the time when a disclaimed interest would have taken effect in possession or enjoyment.
Time of distribution means the time when a disclaimed interest would have taken effect in possession or enjoyment. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
Time of distribution means the time as of which the Distribution is effective.

Examples of Time of distribution in a sentence

  • Except as otherwise contemplated by the Transaction Agreements, all covenants and agreements of the parties contained in the Transaction Agreements will remain in full force and effect and survive the Time of Distribution.

  • Except as otherwise contemplated by this Agreement, all covenants and agreements of the parties contained in this Agreement will remain in full force and effect and survive the Time of Distribution.

  • The Distribution will be effective as of the Time of Distribution.

  • After the Time of Distribution, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties.

  • After the Time of Distribution, this Agreement may not be terminated except by an agreement in writing signed by each of the parties to this Agreement.


More Definitions of Time of distribution

Time of distribution means the time when a disclaimed interest would have
Time of distribution means the close of business on the Distribution Date.
Time of distribution means 11:58 p.m. Eastern Time on the Distribution Date.
Time of distribution means the time at which the Distribution occurs on the Distribution Date, which shall be determined by the Pinnacle Board of Directors.
Time of distribution has the meaning set forth in the Separation Agreement.
Time of distribution means the time when a
Time of distribution means the Time of Distribution as that term is defined in the Distribution Agreement.