Fund Distribution definition
Examples of Fund Distribution in a sentence
The Underwriter shall also pay all costs of distributing the shares of the Fund ("Distribution Expenses").
After the Fund Distribution Date, the Stockholders’ Representative shall be relieved of any and all duties and obligations under the Merger Agreement or any of the CVR Agreements.
The Settlement Administrator shall also establish a distribution account (the “Qualified Settlement Fund Distribution Account”) to receive from Nationstar (a) the deposit of the Borrower Payment Amount as provided in Section VII for borrower distributions, and (b) any portion of the Administrative Penalty and Administrative Costs that Nationstar deposits as provided for in Section VIII for distribution to Participating States.
The Underwriter has also agreed to pay all costs of distributing the shares of each Fund ("Distribution Expenses").
To the extent that Nationstar does not pay out the total Administrative Penalty within ten (10) calendar days of the Effective Date of this Agreement, then Nationstar shall deposit into the Qualified Settlement Fund Distribution Account within five (5) calendar days thereafter, for the benefit of each Participating State that has not been paid, that state’s portion of the Administrative Penalty, which amounts shall be for further administration by the Settlement Administrator.
Within twenty-five (25) calendar days of the Effective Date of this Order, consistent with this Agreement, Exhibit B and instructions provided by the Executive Committee, Nationstar shall deposit Six Million, Four Hundred and Thirty-Four Thousand, and One Hundred Dollars ($6,434,100.00) (the “Borrower Payment Amount”) by electronic funds transfer into the Qualified Settlement Fund Distribution Account.
The Underwriter shall also pay all costs of distributing the shares of each Fund ("Distribution Expenses").
The Bank is not under obligation to conduct a compliance test for the investment (mutual) funds and money market funds (liquid funds) and short-term bond and debenture funds traded in the Turkish Electronic Fund Distribution Platform, and for public debt instruments issued by the Treasury Undersecretariat and traded in stock exchanges and other organized marketplaces.
Subject to the approval of the District Court, the Finance Committee shall have the authority from time to time, if and when it determines that it needs legal advice and assistance, to retain, and pay reasonable fees for, counsel to perform tasks necessary for the Finance Committee to fulfill its duties and obligations under the Settlement Facility and Fund Distribution Agreement and the other Plan Documents.
The parties hereto hereby agree that it shall be a condition of the Transfer of any Shares to any Person who is not a party to this Agreement that such Transfer shall not be effected unless and until such Person agrees in writing to be bound by the terms and conditions of this Agreement; provided, that the foregoing shall not apply to any transferee in a Transfer of Shares made pursuant to (i) an open market transaction, (ii) a Public Offering or (iii) a Fund Distribution.