Distribution Payment Date definition

Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

Distribution Payment Date has the meaning ascribed thereto in Section 2.1(C)(1) hereof.

Distribution Payment Date means the third Business Day of the month immediately following the month in which the related Distribution Date occurred.

Examples of Distribution Payment Date in a sentence

• Distributions shall be made to the Holders entitled thereto on each Distribution Payment Date as set forth in Section ‎4(b).

• If the Partnership fails to pay a full PIK Distribution and declare and pay a full Cash Distribution on the Series C Preferred Units pursuant to this Section ‎4(c) on any Distribution Payment Date, then the amount of such unpaid distribution shall automatically be added to the amount of Accrued Distributions on such unit on the applicable Distribution Payment Date without any action on the part of the Partnership or any other person.

• If a scheduled Distribution Payment Date falls on a day that is not a Business Day, (i) the PIK Distribution shall be deemed issued and delivered as of such Distribution Payment Date, and (ii) the Cash Distribution will be paid on the next Business Day with the same effect as if it were paid on the scheduled Distribution Payment Date, and no interest or other amount will accrue on such Cash Distribution for the period from and after that Distribution Payment Date to the date such distribution is paid.

• Each distribution will be payable to Holders of record as they appear in the unit register of the Partnership as of the close of business on the first day of the month, whether or not a Business Day, in which the relevant Distribution Payment Date occurs (each such first day, a “Record Date”).

• Distributions on the LTIP Units, if authorized, shall be payable on such dates and in such manner as may be authorized by the General Partner (any such date, a “Distribution Payment Date”); provided that the Distribution Payment Date and the record date for determining which holders of LTIP Units are entitled to receive a distribution shall be the same as the corresponding dates relating to the corresponding distribution on the OP Units.

More Definitions of Distribution Payment Date

Distribution Payment Date in respect of the distributions payable on the Series 1 Preferred Limited Partnership Units means the day on or before the last day of each of March, June, September, and December in each year.

Distribution Payment Date means March 15, June 15, September 15 and December 15 of each year, commencing March 15, 2017.

Distribution Payment Date means the dates upon which the General Partner makes distributions in accordance with Section 5.1.

Distribution Payment Date means, with respect to any Distribution Period, the payment date for the distribution declared by the General Partner on its Common Units for such Distribution Period or, if no such distribution payment date is established, the last business day of the first full month following such Distribution Period.

Distribution Payment Date means the first calendar day of January, April, July and October, in each year, commencing on April 1, 2007; provided, however, that if any Distribution Payment Date falls on any day other than a Unit Business Day, the distribution payment due on such Distribution Payment Date shall be paid on the first Unit Business Day immediately following such Distribution Payment Date.

Distribution Payment Date has the meaning assigned to it in Section 3(a) hereof.

Distribution Payment Date in respect of the distributions payable on the Series 8 Preferred Limited Partnership Units means the last day of each Quarterly Floating Rate Period in each year.