Commencement of Distribution definition

Commencement of Distribution means the time when a Dealer Member has had distribution discussions which are of sufficient specificity that it is reasonable to expect that the Dealer Member (alone or with other underwriters) will propose an underwriting of equity securities to the issuer or selling security-holder;
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Examples of Commencement of Distribution in a sentence

  • Section 5.04, Commencement of Distribution Following Severance from Employment, is amended by the addition of the following sentence after the second sentence therein: Notwithstanding the foregoing, effective for Participants who reach age 70 ½ after December 31, 2019, such distribution may commence as soon as administratively practicable following such Severance from Employment, but in no event later than April 1 of the calendar year following the calendar year in which he or she attains age 72.

  • If the Beneficiary of the deceased Participant or deceased Inactive Participant is not his Spouse, payment must be completed no later than December 31st of the calendar year that contains the fifth anniversary of the Participant’s or Inactive Participant’s death; (2) Spouse as Beneficiary Before Commencement of Distribution .

  • H370 Causes damage to organs.H410 Very toxic to aquatic life with long lasting effects.Precautionary statements:Prevention:P264 Wash skin thoroughly after handling.

  • For the avoidance of doubt, except in the circumstances set out in Condition 4(d) (Increase in or Commencement of Distribution following a Change of Control), no Distribution is due to be paid on the Securities at any time prior to the First Call Date and the restrictions set out in this Condition shall not apply.

  • 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 the sum of (x) the U.S. Treasury Benchmark Rate in relation to that Distribution Period and (y) the Initial Spread.

  • The lump sum distribution shall be paid within 90 days following the date of the Participant’s Separation from Service.5.2 Death (a) Death Prior to Payment or Commencement of Distribution.

  • The Committee shall allocate such dividends among the Accounts pro rata to the shares allocated to each Account.‌ ARTICLE VII DISTRIBUTIONS‌7.1. Time of Commencement of Distribution.

Related to Commencement of Distribution

  • Time of distribution means the time when a disclaimed interest would have taken effect in possession or enjoyment.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Plan of Distribution shall have the meaning set forth in Section 2(a).

  • Main Distribution Frame (MDF) is termination frame for outside facility and inter-exchange office equipment at the central office for DS-0 and DSL services.

  • Scheduled Distribution means the distribution set forth in Section 4.1.

  • Main Distribution Frame (MDF means the termination frame for outside facility and inter-exchange office equipment at the CO.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Initial Distribution means the distribution made to holders of Allowed Class C-4 Claims on the Distribution Date.

  • Wholesale distribution means distribution of prescription drugs to persons other than consumers or

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Offering Commencement Date means the first day of each Offering Period.

  • COMMENCEMENT OF THE INITIAL PUBLIC OFFERING means the date that the Securities and Exchange Commission declares effective the registration statement filed under the Securities Act for the Initial Public Offering.

  • Distribution Statement has the meaning set forth in Section 5.02(c) of the Trust Agreement.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.

  • Recommencement Date As defined in Section 6(d) hereof.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Final Distribution means any distribution made in redemption of all or a portion of the Up-MACRO Holding Shares pursuant to Section 5.2(a) or 5.2(c) on the Final Scheduled Termination Date, an Early Termination Date or a Redemption Date.

  • Initial Xxxx of Sale means the document, in the form of Attachment B hereto, executed by an authorized officer of SLM ECFC which shall (i) set forth the applicable Initial Loans offered by SLM ECFC and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, (ii) sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all rights, title and interest of SLM ECFC in the Initial Loans listed on that Xxxx of Sale and (iii) certify that the representations and warranties made by SLM ECFC as set forth in Sections 5 (A) and (B) of these Master Terms are true and correct.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Class A-4 Final Scheduled Distribution Date means January 17, 2023.

  • Distribution Upgrades has the meaning set forth in the CAISO Tariff.

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Early Termination Schedule is defined in Section 4.2 of this Agreement.