Monthly Distribution Date definition

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.

Monthly Distribution Date means the twenty-fifth day of each month following a Monthly Record Date commencing 25, 1997.

Monthly Distribution Date means the Initial Monthly Distribution Date and fifteenth day of each calendar month thereafter, or if such day is not a Business Day, the next succeeding Business Day.

Examples of Monthly Distribution Date 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.

• 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.

More Definitions of Monthly Distribution Date

Monthly Distribution Date means the fifteenth day of each month, or, if any such day is not a Business Day, the next succeeding Business Day, commencing November 15, 2000. The principal of and interest on this Note are payable in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. All payments made by the Issuer with respect to this Note shall be applied first to interest due and payable on this Note as provided above and then to the unpaid principal of this Note. Reference is made to the further provisions of this Note set forth on the reverse hereof, which shall have the same effect as though fully set forth on the face of this Note. 113 Unless the certificate of authentication hereon has been executed by the Indenture Trustee whose name appears below by manual signature, this Note shall not be entitled to any benefit under the Indenture referred to on the reverse hereof, or be valid or obligatory for any purpose. 114

Monthly Distribution Date has the meaning set forth in Section 10.4.

Monthly Distribution Date means the 18th day of each calendar month, commencing on [ ] June 2001 (or if any such day is not a Business Day, the next Business Day).

Monthly Distribution Date each have the same meaning as in the Series Supplement.

Monthly Distribution Date shall have the meaning given such term in the Terms Supplement.

Monthly Distribution Date means the first day of each month following a Monthly Computation Date.

Monthly Distribution Date the seventh day of each calendar month unless such day is not a Business Day, in which case the Business Day next succeeding such seventh day of such calendar month.