Common use of Timing of Distribution Clause in Contracts

Timing of Distribution. The Board of Directors of POC shall formally declare the Distribution and shall authorize POC to pay it upon the satisfaction or waiver of the conditions set forth in Article 3, by delivery of certificates for RVP Common Units to the Transfer Agent for delivery to the holders entitled thereto. The Distribution shall be deemed to be effective upon notification by POC to the Transfer Agent that the Distribution has been declared and that the Transfer Agent is authorized to proceed with the distribution of the RVP Common Units.

Timing of Distribution. The Board of Directors of POC shall formally declare the Distribution and shall authorize POC to pay it upon the satisfaction or waiver of the conditions set forth in Article 34, by delivery of certificates for RVP Common Units to the Transfer Agent for delivery to the holders entitled thereto. The Distribution shall be deemed to be effective upon notification by POC to the Transfer Agent that the Distribution has been declared and that the Transfer Agent is authorized to proceed with the distribution of the RVP Common Units.

Timing of Distribution. The Board of Directors of POC shall formally declare the Distribution and shall authorize POC to pay it upon the satisfaction or waiver of the conditions set forth in Article 3, by delivery of certificates for RVP Common Units to the Transfer Agent for delivery of Common Units to the holders entitled thereto. The Distribution shall be deemed to be effective upon notification by POC to the Transfer Agent that the Distribution has been declared and that the Transfer Agent is authorized to proceed with the distribution of the RVP Common Units.

Timing of Distribution. The Board of Directors of POC shall formally declare the Distribution and shall authorize POC to pay it upon the satisfaction ------------------------ or waiver of the conditions set forth in Article 3, by delivery of certificates for RVP Common Units to the Transfer Agent for delivery of Common Units to the holders entitled thereto. The Distribution shall be deemed to be effective upon notification by POC to the Transfer Agent that the Distribution has been declared and that the Transfer Agent is authorized to proceed with the distribution of the RVP Common Units.