Distribution Payment definition

Distribution Payment is defined in Section 9.1 hereof.

Distribution Payment means the payment to an Eligible Claimant in accordance with the terms of this Plan.

Distribution Payment has the meaning ascribed to such term in Section 4.6.

Examples of Distribution Payment 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.

• The Distribution Amounts and the Distribution Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of an extension or shortening of the Distribution Period by reason of any Distribution Payment Date not being a business day.

• The first payment of distribution will be made on the Distribution Payment Date next following the Distribution Commencement Date (and if the Distribution Commencement Date is not a Distribution Payment Date, will amount to the Initial Broken Amount shown on the face of such Perpetual Security).

• The Issuer may from time to time, without the consent of the Noteholders, issue further Notes having the same terms as the Notes in all respects (or in all respects except for the issue date, issue price, Distribution Commencement Date and/or first Distribution Payment Date) so as to form a single series with the Notes.

• On or after the Distribution Payment Date for the final Coupon forming part of a Coupon sheet issued in respect of any Bearer Perpetual Security, the Talon forming part of such Coupon sheet may be surrendered at the specified office of the Issuing and Paying Agent on any business day in exchange for a further Coupon sheet (and if necessary another Talon for a further Coupon sheet) (but excluding any Coupons that may have become void pursuant to Condition 8).

More Definitions of Distribution Payment

Distribution Payment means the payment to an Eligible Claimant in accordance with the Distribution Plan.

Distribution Payment means a payment from the Fair Fund to a Payee in accordance with the terms of this Plan.

Distribution Payment means the payment to an Eligible Claimant in accordance with the Plan. The Distribution Payment for an Eligible Claimant will be calculated in a pro rata fashion in accordance with the Plan of Allocation.

Distribution Payment means an amount equal to EBITDA for an Applicable Distribution Period, less: (i) all third-party interest expenses for the Applicable Distribution Period, (ii) all Tax expenses for the Applicable Distribution Period, and (iii) all capital expenditures for the Applicable Distribution Period.

Distribution Payment means a cheque, or electronic transfer made, in the name of a Citizen representing payment of the amount of a Distribution Share owing to the Citizen on a Distribution Date;

Distribution Payment means, for any distribution declared and paid on one Partnership Common Unit, the amount of such distribution (excluding dividends and distributions paid in the form of additional shares of Common Stock and Partnership Common Units (as defined in the Partnership Agreement) unless adjustment is otherwise made pursuant to Section 13 of the Plan).

Distribution Payment means (a) the payment by the Borrower of any dividend or other distribution on any Equity Interest in cash or Cash Equivalents and (b) the reduction of capital by the Borrower paid with retained earnings or free reserves. For the purpose of determining the amount of any dividend payment or distribution made in Cash Equivalents, the U.S. Dollar Amount of such Cash Equivalents shall be calculated as of three Business Days prior to the record date for the Related Series of Notes for such dividend payment or distribution.