Distribution Payment definition

Distribution Payment is defined in Section 9.1 hereof.

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

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

Examples of Distribution Payment in a sentence

• No Extension Period may end on a date other than a Distribution Payment Date.

• Such credits or payments, as the case may be, shall be made by the Transfer Agent on the date established for same in the Proper Instructions (the "Distribution Payment Date").

• In addition, the Debentures may be redeemed by the Debenture Issuer at the Special Redemption Price, in whole but not in part, at any Distribution Payment Date, upon the occurrence and continuation of a Special Event within 120 days following the occurrence of such Special Event at the Special Redemption Price, upon not less than 30 nor more than 60 days’ notice to holders of such Debentures so long as such Special Event is continuing.

• As the Dividend Disbursing Agent, the Transfer Agent shall, on or before the Distribution Payment Date, notify the Custodian of the estimated amount required to pay any portion of said distribution that is payable in cash and instruct the Custodian to make sufficient funds available to pay such amounts.

• In addition, the Debentures may be redeemed by the Debenture Issuer at the Special Redemption Price, in whole but not in part, at any Distribution Payment Date, upon the occurrence and continuation of a Special Event within 120 days following the occurrence of such Special Event at the Special Redemption Price, upon not less than 30 nor more than 60 days' notice to holders of such Debentures so long as such Special Event is continuing.

More Definitions of Distribution Payment

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 Distribution Plan.

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 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 the disbursement to an Eligible Investor of his, her or its portion of the Net Available Distribution Fund calculated pursuant to the Plan of Allocation.