Per Capita Distribution means the distribution of funds out of the capital of the Trust Property made to the Beneficiary for the purpose of enabling the Beneficiary to make a distribution to Qualified Members, if any, in accordance with the provisions contained in Paragraph 8.2(a) and Section 8.4;
Per Capita Distribution means the onetime payment in the amount of X DOLLARS ($X CAD), plus any adjustment required by Article 14.6, to each Qualifying Recipient made by Council pursuant this Trust Agreement, and is shortened to “PCD” in this Trust Agreement;
Per Capita Distribution means a distribution made by the Nation to its Members on an equal per capita basis pursuant to its Per Capita Distribution Ordinance then in effect, and in accordance with Section 11(b)(3) of the Indian Gaming Regulatory Act, 25
Examples of Per Capita Distribution in a sentence
The transfer of funds out of the capital of the Trust Property contemplated in Paragraph 8.2(a) to enable the Beneficiary to make a distribution, if any, to Qualified Members in accordance with the provisions contained in this Section shall be made by the Financial Trustees to the Beneficiary only if the Members have approved of the Per Capita Distribution.
More Definitions of Per Capita Distribution
Per Capita Distribution means a distribution made by the Nation to its Members on an equal per capita basis pursuant to its Per Capita Distribution Ordinance then in effect, and in accordance with Section 11(b)(3) of the Indian Gaming Regulatory Act, 25 U.S.C. Sec 2710(b)(3), or any successor statute, or any other distribution of Tribal assets or earnings on a per capita basis to Members.
Per Capita Distribution means a distribution, either directly or indirectly, to all of the Members, the Members who are 18 years of age or older or an Identifiable Group, individually, in accordance with the terms of this Agreement;
Per Capita Distribution means a payment or distribution of Trust Property or a benefit therefrom directed to one or more Members but does not include benefits arising from programs or projects which fulfill one of more Purposes of the Trust;
Per Capita Distribution means an equal distribution of capital amongst all qualifying members of the Dokis First Nation;
Per Capita Distribution means an equal one-time distribution of cash made to each living Member at the time of distribution pursuant to Section 5.1 of this Agreement;
Per Capita Distribution means the amount to be distributed to cities and counties on the basis of their most current population or population estimates available from the United States census bureau no later than thirty (30) days prior to the next quarterly distribution from the revenue-sharing account.