Common use of Distribution Compliance Period Clause in Contracts

Distribution Compliance Period. Distribution Compliance Period" means a period that begins when the Ordinary Shares are first issued by DRD under this Loan Agreement during a Redemption Period and continues until the expiration of the period 40 days from whichever is the later of completion of the distribution of the Ordinary Shares as determined by IBL and certified to DRD and the Final Redemption Date. IBL will give DRD written notices of the beginning of the 40 day Distribution Compliance Period at least 3 Business Days before the beginning of the Distribution Compliance Period.

Distribution Compliance Period. “Distribution Compliance Period" ” means a period that begins when the Ordinary Shares are first issued by DRD under this Loan Agreement during a Redemption Period and continues until after the expiration of the period 40 days from whichever is the later of completion of the distribution of the Ordinary Shares issued or issuable under this Loan Agreement, as determined by IBL and certified to DRD and the Final Redemption DateDRD. IBL will give DRD written notices of the beginning of the 40 day Distribution Compliance Period at least 3 Business Days before the beginning and a copy of IBL's certification of the Distribution Compliance Perioddate of completion of the distribution of the Shares within one business day of that completion.

Distribution Compliance Period. “Distribution Compliance Period" ” means a period that begins when the Ordinary Shares are first issued by DRD under this Loan Agreement during a Redemption Period and continues until after the expiration of the period 40 days from whichever is the later of completion of the distribution of the Ordinary Shares issued or issuable under this Loan Agreement, as determined by IBL and certified to DRD and the Final Redemption DateDRD. IBL will give DRD written notices of the beginning of the 40 day Distribution Compliance Period at least 3 Business Days before the beginning and a copy of IBL’s certification of the Distribution Compliance Period.date of completion of the distribution of the Shares within one business day of that completion. 15.3