Common use of Distributable Amount Clause in Contracts

Distributable Amount. (a) The Distributable Amount for a Distribution Period is the Distributable Income for that Distribution Period which the Trustee determines to distribute, together with any amount the Trustee determines to distribute to the Unit Holders as a capital amount or distribution of a Reserve Account in respect of that Distribution Period.

Appears in 4 contracts

Samples: Funding Agreement, www.qca.org.au, www.qca.org.au

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