Rate of Distribution. Subject to Condition 4(d) (Increase in Distribution following a Change of Control), the rate of distribution ("Distribution Rate") applicable to the Securities shall be:
Appears in 3 contracts
Samples: Agency Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD), Agency Agreement (PCGI Intermediate Holdings LTD)
Rate of Distribution. Subject to Condition 4(d) (Increase in or Commencement of Distribution following a Change of Control), the rate of distribution ("βDistribution Rate"β) applicable to the Securities shall be:be the sum of (x) the U.S. Treasury Benchmark Rate in relation to that Distribution Period and (y) the Initial Spread.
Appears in 1 contract
Rate of Distribution. Subject to Condition 4(d) (Increase in or Commencement of Distribution following a Change of Control), the rate of distribution ("Distribution Rate") applicable to the Securities shall be:be the sum of (x) the U.S. Treasury Benchmark Rate in relation to that Distribution Period and (y) the Initial Spread.
Appears in 1 contract
