Additional Distribution definition

Additional Distribution means, with respect to any taxation year of the Fund, the amount, if any, by which the aggregate of the Net Income and Net Realized Capital Gains less any Net Realized Capital Gains the tax on which would be refundable to the Fund in the current year under Part I of the Income Tax Act for such taxation year exceeds the aggregate of the Distributions paid or payable by the Fund to Unitholders for such taxation year.
Sample 1Sample 2Sample 3
Additional Distribution has the meaning specified in Section 4.01(c).
Sample 1Sample 2Sample 3
Additional Distribution means, with respect to any taxation year of each of the Brompton ETFs, the amount, if any, by which the aggregate of the Net Income and Net Realized Capital Gains, less any Net Realized Capital Gains (the tax on which would be refundable to the applicable Brompton ETF in respect of the current year under Part I of the Tax Act for such taxation year) exceeds the aggregate of the Distributions paid or payable by such Brompton ETFs to Unitholders for such taxation year.
Sample 1Sample 2Sample 3

Examples of Additional Distribution in a sentence

  • The Additional Distribution Amount accrued up to any Distribution Payment Date shall be added for the purpose of calculating the Additional Distribution Amount accruing thereafter, to the amount of Arrears of Distribution remaining unpaid on such Distribution Payment Date so that it will itself become Arrears of Distribution.

  • Each such exchange shall occur no later than one Business Day prior to such Interest Payment Date or Additional Distribution Date or the Maturity Date, as applicable, and shall be made at the Spot Rate at the time of conversion.

  • At least two (2) Business Days prior to each Interest Payment Date, the Maturity Date and any Additional Distribution Date, the Administrative Agent shall deliver an invoice to the Portfolio Manager, the Collateral Agent and the Collateral Administrator in respect of the interest due on such date.

  • The Additional Distribution Amount accrued up to any Distribution Payment Date shall be added (for the purpose of calculating the Additional Distribution Amount accruing thereafter) to the amount of Arrears of Distribution remaining unpaid on such Distribution Payment Date so that it will itself become Arrears of Distribution.

  • The Additional Distribution Amount accrued up to any Distribution Payment Date shall be added, for the purpose of calculating the Additional Distribution Amount accruing thereafter, to the amount of Arrears of Distribution remaining unpaid on such Distribution Payment Date so that it will itself become Arrears of Distribution.


More Definitions of Additional Distribution

Additional Distribution means any distribution to Holders of the Debentures made pursuant to Section 206 in respect of a Reference Share Distribution.
Sample 1Sample 2Sample 3
Additional Distribution means a distribution that, if necessary, will be made in each year to Unitholders of record on December 31 in order that the Fund will generally not be liable to pay income tax, as described under “Distribution Policy”.
Sample 1Sample 2Sample 3
Additional Distribution has the meaning ascribed thereto under “Item 2.2.7 - Flow of Funds from the Registered Individual LPs to the Trust”;
Sample 1Sample 2Sample 3
Additional Distribution means any distribution to Holders of the Debentures made pursuant to Section 206 as a result of a Reference Share Distribution.
Sample 1Sample 2Sample 3
Additional Distribution shall have the meaning set forth in Section 2(e) hereof.
Sample 1Sample 2Sample 3
Additional Distribution means a distribution that, if necessary, will be made in each year to Unitholders of record on the last day of the Fund’s taxation year in order that the Fund will generally not be liable to pay income tax, as described under “Distributions”.
Sample 1Sample 2
Additional Distribution. If any of the Securities are redeemed by the Security Issuer prior to February 27, 2007, each of the Class A Units being redeemed in connection with such redemption of Securities (or related exercise of the rights under the Swap Agreement) will receive a pro rata distribution from the proceeds of the redemption of the Securities remaining after payment of principal and interest on the Class A Units up to a maximum of $2.50
Sample 1