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....................... 14 Section 5.03. Distributions in Liquidation of Grantor........................... 15 Section 5.04. Fixing of Record Date for Holders of the Trust Preferred Securities ..................................................... 16 Section 5.05.
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 provides the minimum distribution 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. 16 ---------------------- SECTION 5.3 ESTIMATED TAXES........................................ 16 --------------- SECTION 5.4 AMOUNTS WITHHELD....................................... 16 ----------------
Periodic Distributions. The Management Committee (or, at the Management Committee's direction, the President and Chief Executive Officer of the Partnership), on or before the last day of each month shall hereafter (i) determine the amount (x) of earnings or other Partnership funds available for distribution to the Partners and (y) the amount of working capital needed for the continuing operations of the business of the Partnership (including, without limitation, capital expenditures), and (ii) cause the excess, if any, of (x) over (y) (the "Net Available Cash From Operations") to be distributed to the Partners (subject to Section 1.8 of the Denver Newspaper Agency Joint Operating Agreement, and the provisions of this Agreement relating to the Agency's retention of sums otherwise distributable to a Partner to discharge certain unpaid capital contributions or other obligations to the Agency and subject to the Partnership's being reimbursed for any Editorial Expenses it may have paid in the first instance on the Partners' behalf and any Total Excess Page Charges or Total Excess Color Charges that may then be owed by the Partners, as provided in the Denver Newspaper Agency Joint Operating Agreement). Except as otherwise provided herein or in Section 1.8 of the Denver Newspaper Agency Joint Operating Agreement, all distributions shall be made: (a) first, to each Partner with Remaining Excluded Payables, to the extent of any such Remaining Excluded Payables, until such Remaining Excluded Payables have been reduced to zero, and (b) next, in proportion to the Partners' Percentage Interests. If a distribution of cash is deemed made pursuant to Section 5.2(b) and the distribution is not in proportion to the Partners' Percentage Interest, then the Management Committee shall adjust subsequent distributions as promptly as practicable so that the cumulative distributions deemed made pursuant to Section 5.2(b) are, in the aggregate, in proportion to the Partners' Percentage Interests.
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:
Periodic Distributions. 13 4.02. Distributions of Property Other Than Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 4.03. Withdrawals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
