Monthly Distribution definition

Monthly Distribution means the regular monthly distribution to Unitholders not to exceed $0.0771 per Unit per month;
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Monthly Distribution means for each Participating Unit the amount determined in Article Vl., B;
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Monthly Distribution means a monthly distribution, by the Partnership to the Limited Partners of record on the date of declaration, of an amount equal to, in the aggregate, eight percent (8%) per annum of the Gross Proceeds; it is anticipated that such distribution shall be calculated as at each month end and declared within 30 days subsequent to such month end on the basis of a year of 365 days and the actual number of days (excluding the first day, but including the last day) on the Gross Proceeds during such calculation period, subject to proration as
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Examples of Monthly Distribution in a sentence

  • On each Monthly Distribution Date, or within a reasonable period of time thereafter, the Trustee shall distribute by mail to each Unitholder of record of such Trust at the close of business on the preceding Monthly Record Date at his post office address such Unitholder's pro rata share of the cash balance of the Principal Account as thus computed.

  • On or shortly after each Monthly Distribution Date for a Trust, the Trustee shall make distributions as described herein by mail to or upon the order of each Unitholder of record of such Trust as of the close of business on the preceding Monthly Record Date at the post office address appearing on the registration books of the Trustee.

  • In making such computation, the Trustee shall treat as received amounts receivable by the Trust on the Securities prior to the next following Monthly Distribution Date in respect of a record date for a Security occurring on or before the Monthly Record Date on which the computation is being made; should such amounts not be received by the Trust, the computation shall be adjusted to reflect amounts actually received.

  • On the following Monthly Distribution Date, or within a reasonable period of time thereafter, the Trustee shall distribute by mail to each Unitholder of record of such Trust at the close of business on the preceding Monthly Record Date at his post office address such Unitholder's pro rata share of the cash balance of the Principal Account calculated as of such Monthly Record Date, after deduction of the costs and expenses of such Trust chargeable to the Principal Account.

  • In the event Competitive Supplier relies on Stop Gap Funding, CPG shall include in the next immediate subsequent Monthly Distribution from the Payment Account an amount equal to the Stop Gap Funding.

  • Competitive Supplier shall reimburse CPG an amount equal to the Stop Gap Funding within five (5) Business Days of receipt of such Monthly Distribution if the Payment Default has been cured in its entirety.

  • Notwithstanding anything to the contrary in this Agreement, within ten (10) Business Days after the Competitive Supplier has received the final Monthly Distribution (as defined below), the all discounts made and reimbursements received in connection with such Monthly Distribution shall be subject to a final true-up by any Party.

  • On the following Monthly Distribution Date, or within a reasonable period of time thereafter, the Trustee shall distribute by mail to each Unitholder of record of such Trust at the close of business on the preceding Monthly Record Date at his post office address such Unitholder’s pro rata share of the cash balance of the Principal Account calculated as of such Monthly Record Date, after deduction of the costs and expenses of such Trust chargeable to the Principal Account.

  • On or before the Business Day prior to each Monthly Distribution Date for the Wind Down Period or an Early Amortization Period or the Payment Period for a series of Term Notes, GMAC shall deposit into the Collection Account, on behalf of the Purchaser, an amount equal to the Supplemental Principal Allocation for such Monthly Distribution Date.

  • In connection with the Final Monthly Distribution, the Working Capital Reserve Target will be the amount determined by the Manager as the applicable amount to be maintained in the Working Capital Reserve pursuant to Section 9.2, and any excess amounts in the Working Capital Reserve will, prior to such Final Monthly Distribution, be transferred to the Collection Account pursuant to Section 3.6 of the Custodial and Paying Agency Agreement.


More Definitions of Monthly Distribution

Monthly Distribution means the regular monthly distribution or dividend to Unitholders or PRF, as the case may be, of up to $0.0667 per Unit or IPC Realty Preferred Share, as applicable, declared payable to holders of Units of record on the last day of each month or PRF, as applicable, to be paid on or about the 15th day following each month end;
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Monthly Distribution means the monthly per Unit distribution paid by the Partnership, excluding any extraordinary non-recurring distribution.
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Monthly Distribution means regular monthly distributions to Unitholders of $0.0667 per Unit declared in the ordinary course to Unitholders of record as of the last business day of each month or the last business day preceding the Closing Date if the Closing Date occurs after the date of a declaration and before the last business day of that month, and paid no later than the 30th day of the following month;
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Related to Monthly Distribution

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Quarterly Distribution means with respect to each Distribution Date, the distribution to be made to the Holders of the Up-MACRO Holding Shares that are Outstanding on the Distribution Date pursuant to priority sixth of Section 5.2(a), which shall consist of the cash on deposit in the Up-MACRO Holding Trust after it makes or receives a payment under the Income Distribution Agreement and makes all other payments or investments in Eligible Treasuries that it is required to make pursuant to such Section 5.2(a).

  • Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date and, in the case of any Straddle Period, the portion of such Tax Period beginning on the day after the Distribution Date.