Periodic Distributions. Whenever (and to the extent) the Trust receives any cash payments representing a Dividend or redemption payment on the Company Preferred Securities, or payments from the Bank pursuant to the Subordinated Guarantee in respect of such Dividend or redemption payment, the Trustee acting directly or through any Paying Agent shall distribute such amounts to Holders of the Trust Preferred Securities on the record date fixed pursuant to Section 5.04, in proportion to the respective liquidation amount of Trust Preferred Securities held by such Holders.
Periodic Distributions. 14 Section 5.02. Redemptions of Company Preferred Securities.....................
Periodic Distributions. Whenever (and to the extent) the Trust receives any cash payments representing a [Dividend][Interest Payment][other payment] or redemption on the [Company Preferred Securities][Subordinated Notes][Eligible Investments], or payments from the Guarantor pursuant to the Subordinated Guarantee, the Trustee acting directly or through any Paying Agent shall distribute such amounts to Holders of the Trust Preferred Securities on the record date fixed pursuant to Section 5.04, in proportion to the respective liquidation amount of Trust Preferred Securities held by such Holders.
Periodic Distributions. The Board of Governors shall authorize periodic Distributions of cash to the Members based on their Percentage Interests as reflected on Schedule A, subject to the adjustments provided in this Article VI, in a total amount equal to the estimated Net Income, if any, for the then current fiscal year to the extent such a Distribution is legally permitted. A final Distribution shall be paid to the Members, subject to the adjustments provided in this Article VI, within ninety (90) days following the end of the fiscal year of the Company based on the actual Net Income for the preceding fiscal year to the extent such a Distribution is legally permitted. The Board may, in its discretion, reduce the amount otherwise distributable to any Member by the amount of a Tax Withholding Obligation attributable to such Member which has not previously reduced a Distribution to such Member.
Periodic Distributions. Except as provided in Section 13.2, the Distributable Cash shall be distributed to the Partners on a calendar quarterly basis. All distributions to the Partners pursuant to this Section 5.2 shall be divided among them in proportion to the number of Units held by each as of the first day of the month during which the distribution occurs.
Periodic Distributions. If the Participant's Account is distributed as an Annuity Contract, the Plan Administrator must direct the Trustee to purchase a contract that complies with the requirements of the Plan, including the minimum distribution requirements determined under subsection (f) below. If the Participant's Account is distributed in installment payments, the Plan Administrator must direct the Trustee as to when to make each distribution and the amount of each distribution taking into Account the rules in subsection (f) below.
Periodic Distributions. 13 4.02. Distributions of Property Other Than Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 4.03. Withdrawals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Periodic Distributions. The General Partner may, but is not required to, make distributions to the Partners of cash or property of the Partnership in any amount and combination thereof and at any time and from time to time, provided that whenever there is more than one General Partner, the General Partners' approval of any such distribution must be unanimous. Any such distribution shall be made to the Partners in proportion to their Partnership Interests as of the day in which such distribution is made.
Periodic Distributions. 16 ---------------------- SECTION 5.3 ESTIMATED TAXES........................................ 16 --------------- SECTION 5.4 AMOUNTS WITHHELD....................................... 16 ----------------
Periodic Distributions. Distributions, if any, shall be made at the end of each Fiscal Year, in such amount as determined by the Board of Managers as follows:
