DISTRIBUTION SUMMARY Sample Clauses
The Distribution Summary clause outlines how profits, losses, or other financial distributions are allocated among the parties involved in an agreement. It typically specifies the percentages or formulas used to determine each party’s share, and may detail the timing and method of payments. This clause ensures transparency and prevents disputes by clearly defining the financial entitlements of each participant.
DISTRIBUTION SUMMARY. A. Distributions From Collection Account 1. To Note Payment Account 10,099,586.03 2. To Servicer (MMCA) 296,037.72 3. To Payahead Account 97,000.00 4. To Reserve Account 1,322,022.76 5 To Supplemental Reserve Account 0.00 6. To Certificate Distribution Account 13,600.00 -------------- 7. Total Distributions From Collection Account $ 11,828,246.51 B. Distributions From Reserve Account 1. To Collection Account 0.00 2. To Seller (MARI) 0.00 3. To Servicer (MMCA) 0.00 -------------- 4. Total Distributions From Reserve Account 0.00 C.
DISTRIBUTION SUMMARY. First, (A) 2% to the holders of the Class A Units, Pro Rata, and (B) 98% to the holders of Common Units, Pro Rata, until there has been distributed in respect of each Common Unit then WEST 203985161 v31 Outstanding an amount equal to $0.05 (the “Adjusted Base Quarterly Distribution Amount”) for such Quarter;