Member Distribution definition
Examples of Member Distribution in a sentence
The Company shall, at the reasonable request of any Holder seeking to effect a Member Distribution, file any prospectus supplement or post-effective amendments and otherwise take any action reasonably necessary to include such language, if such language was not included in such registration statement, or revise such language if deemed reasonably necessary by any such Holder to effect any such Member Distribution.
To be eligible for a distribution from the Net Settlement Amount, a Class Member must be a Current Participant, a Former Participant, or a Beneficiary of such a person, and, in cases where the distribution must be paid by check, have a Class Member Distribution that is greater than the de minimis amount.
For example, if $100 is available to be distributed pursuant to this Section 5.1.2 at a time when the Prior Member Distribution Percentage is 3%, then $97 shall be distributed to Investor, and $3 shall be distributed to the Prior Members, pro rata in accordance with their respective relative Membership Percentages.
Any amounts remaining on deposit in any such Series Preferred Member Distribution Account, after paying any amounts owing under such Purchase Agreements, shall be deposited into the Issuer General Account.
The Indenture Trustee and the Series 2001-1 Investor Noteholders shall have no interest in any amounts withdrawn from the Series 2001-1 Reserve Account and deposited in the Series 2001-1 Preferred Member Distribution Account.
The Indenture Trustee and the Series 1999-3 Investor Noteholders shall have no interest in any amounts withdrawn from the Series 1999-3 Yield Supplement Account and deposited in the Series ▇▇▇▇-▇ ▇▇▇▇▇▇▇▇▇ Member Distribution Account.
Section 11.7 Distributions from Series Preferred Member Distribution Accounts.
The second table provides the Class Member Distribution Percentage for Class Members that have not previously been given an opportunity to request exclusion from the Class.
The Indenture Trustee and the Series 1999-1 Investor Noteholders shall have no interest in any amounts withdrawn from the Series 1999-1 Reserve Account and deposited in the Series ▇▇▇▇-▇ ▇▇▇▇▇▇▇▇▇ Member Distribution Account.
Also Included will be Schedule 1, Participating Member Authorized Distributor Selection Form and Schedule 2, Participating Member Distribution Service Pricing Calculation Form.