Class A Distribution Period definition

Class A Distribution Period means the applicable period from (and including) a Class A Distribution Date to (but excluding) the next subsequent Class A Distribution Date.
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Class A Distribution Period shall have the meaning ascribed thereto in Section 2.7(a) hereof.
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Class A Distribution Period means each period from and including a January 1, April 1, July 1 and October 1 to and including the next succeeding March 31, June 30, September 30 and December 31, respectively, except that the initial Class A Distribution Period shall commence on the date of initial issuance of the Class A Limited Partnership Interests and end on March 31, 2001, and no additional Class A Distribution Period shall commence on January 1, 2001.
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Examples of Class A Distribution Period in a sentence

  • Except as otherwise provided in Section 13, the Company shall make distributions, if, as and when declared by the Managing Member, to the Class A Limited Members on each Class A Distribution Date, in an amount equal to the cumulative amount of the Class A Limited Member Preferred Return accrued in respect of the related Class A Distribution Period for each such Class A Limited Member’s Unrecovered Capital.

  • Until an alternate rate of interest shall be determined in accordance with this Section 4.5(b) (but, in the case of the circumstances described in clause (ii) of the first sentence of this Section 4.5(b), only to the extent the Term SOFR for such Class A Distribution Period is not available or published at such time on a current basis), Section 4.5(a) shall be applicable.


More Definitions of Class A Distribution Period

Class A Distribution Period means the applicable period from (and including) a Class A Distribution Date to (but excluding) the next subsequent Class A Distribution Date. In the case of the Class A Distribution Period ending on April 30, 2023, with respect to a Class A Limited Member’s Class A-2 Limited Membership Interests, the first distribution period shall measure from April 4, 2023 to April 30, 2023 and, with respect to a Class A Limited Member’s Class A-3 Limited Membership Interests, the first distribution period shall measure from the date of this Agreement to April 30, 2023.
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