Time of Distributions. Distributions shall be made to the Members as soon as possible after the Manager's determination of the availability of cash for such purposes, which determination shall be within the reasonable discretion of the Manager.
Time of Distributions. Notwithstanding any other provision of the Plan, all benefits payable under the Plan shall be distributed, or commence to be distributed, in compliance with the following provisions:
Time of Distributions. The Liquidation Trust Administrator shall make distributions of Liquidation Trust Recoveries to Claimholders entitled to receive distributions from the Liquidation Trust at least semi-annually beginning with a calendar quarter that is not later than the end of the second calendar quarter after the Effective Date; provided, however, that, the Liquidation Trust Administrator shall not be required to make any such semi-annual distribution in the event that the aggregate amount of Liquidation Trust Recoveries available for distribution to such Claimholders is not sufficient, in the Liquidation Trust Administrator’s discretion (after consultation with the Liquidation Trust Advisory Board) to distribute monies to such Claimholders. From time to time, but no less frequently than quarterly, the Liquidation Trust Administrator, in consultation with the Liquidation Trust Advisory Board, shall estimate the amount of Liquidation Trust Recoveries required to pay then outstanding and reasonably anticipated Liquidation Trust Expenses. The Cash portion of Liquidation Trust Recoveries in excess of such actual and estimated Liquidation Trust Expenses shall be made available for distribution to Claimholders in the amounts, on the dates and subject to the other terms and conditions provided in this Plan. The Liquidation Trust Administrator will make continuing efforts to dispose of the Liquidation Trust Assets, make timely distributions, and not unduly prolong the duration of the Liquidation Trust.
Time of Distributions. (a) Subject to the remaining provisions of this Article V, distribution of assets held in the Employee's Custodial Account shall begin at such times as the Employee (or his beneficiary, if applicable) shall elect by written notice to the Custodian at any time after the occurrence of the earliest of these events:
Time of Distributions. Except as otherwise provided herein, distributions may be made from the Company to the Members at such times as the Manager in its discretion may determine; PROVIDED, HOWEVER, that the Company shall endeavor to distribute to each Member in cash, if available, no less than the “Tax Distribution Amount” within ten (10) days following the end of each quarter. For purposes of this Agreement, the “Tax Distribution Amount” for each Member for each quarter shall be an amount equal to (a) the aggregate taxable income taxed to such Member for federal income tax purposes for such quarter as a result of allocations of Profits and Losses under Section 4.6 multiplied by (b) the sum, expressed as a percentage, of (1) the highest marginal federal individual income tax rate in effect for that quarter plus (2) the highest marginal New Jersey individual income tax rate in effect for that quarter. 4.6.
Time of Distributions. 5.10 Consent to Distributions Upon Separation From Service...............................................5.11
Time of Distributions. All distributions of Cash Flow shall be made at such time and with respect to such periods as the Manager may determine.
Time of Distributions. 11.2.1 Subject to the provisions of clause 11.3 and Schedule 0, amounts Distributed under clause 11.1 shall be paid to the Partners entitled to them in accordance with this clause 11 in pounds sterling or by way of distributions in specie on the last Business Day of each of March, June, September and December in each year providing that no distribution shall be made under this clause 11.2.1 where the total amount of the distribution to be made for that Quarter in question does not exceed £50,000 and further provided that any interest accruing on such Net Income and Proceeds to be Distributed to any Partner shall accrue to the benefit of and shall be paid to that Partner at the time such amounts are Distributed.
Time of Distributions. All distributions shall be conducted during the period from May 1, 2023, to September 30, 2023, with the primary months being May, June, August, and September.
Time of Distributions. Distributions of cash from any source (other than pursuant to section 10) shall be made at the time or times determined by the management board.
