Common use of Initial Distribution Clause in Contracts

Initial Distribution. Notwithstanding the terms of Section 2.a., the initial distribution payable on the CRA Preferred Shares shall be equal to the quarterly distribution then payable on the Common Shares, prorated for the period from the date of issuance of the CRA Preferred Shares through the record date for such distribution.

Initial Distribution. Notwithstanding the terms of Section 2.a., the initial distribution payable on the Series A Convertible CRA Preferred Shares shall be equal to the quarterly distribution then payable on the Common Shares, prorated for the period from the date of issuance of the Series A Convertible CRA Preferred Shares through the record date for such distribution.

Initial Distribution. Notwithstanding the terms of Section 2.a., the initial distribution payable on upon the issuance of each CRA Preferred Shares Share shall be equal to the quarterly distribution then payable on the a Common SharesShare for such period, prorated for the period from the date of issuance of the such CRA Preferred Shares Share through the record date for such distribution.