Quarterly Distribution Period definition

Quarterly Distribution Period means the period from, and including, a Quarterly Distribution Payment Date to, but excluding, the next Quarterly Distribution Payment Date, except that the initial Quarterly Distribution Period shall commence on, and include, March 31, 2018 and shall end on, and exclude, the first Quarterly Distribution Payment Date occurring after March 31, 2018.
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Quarterly Distribution Period means the period from, and including, a Quarterly Distribution Payment Date to, but excluding, the next Quarterly Distribution Payment Date, except that the initial Quarterly Distribution Period shall commence on, and include, the Effective Date *** Certain confidential portions of this exhibit were omitted by means of redacting a portion of the text. Copies of the exhibit containing the redacted portions have been filed separately with the Securities and Exchange Commission subject to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act. and shall end on, and exclude, the first Quarterly Dividend Payment Date occurring after the Effective Date.
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Quarterly Distribution Period means the applicable period from December 31 up to the next March 31, from March 31 up to the next June 30, from June 30 up to the next September 30 or from September 30 up to the next December 31; provided, that the first Quarterly Distribution Period for any Preferred Share shall mean the period commencing on the date of the original issuance of such Share up to the first March 31, June 30, September 30 or December 31 to occur thereafter. "RAMP Investments" means RAMP Investments, L.L.C., a Delaware limited liability company, and a Subsidiary of the Company. "RAMP Investments Operating Agreement" means the Operating Agreement of RAMP Investments, dated as of the date hereof. "Redemption Price" shall have the meaning provided in Section 3.4(a). "Rescission Notice" shall have the meaning provided in Section 11.7(b). "Rule 144" shall have the meaning provided in Section 9.4. "SEC" shall have the meaning provided in Section 9.4. "Second Appraiser" shall have the meaning provided in Section 3.5. "Second Company Assignment and Assumption Agreement" means an Assignment and Assumption Agreement in the form of Exhibit B, dated as of the date of such Additional Contribution, pursuant to which the Company assigns and RAMP Investments assumes the obligations of PCI (as assumed by the Company pursuant to a PCI Assignment and Assumption Agreement) under the Second PCJL Note. "Second PCI Assignment and Assumption Agreement" means an Assignment and Assumption Agreement in the form of Exhibit F, dated as of the date of such Additional Contribution, pursuant to which PCI assigns and the Company assumes the obligations of PCI under the Second PCJL Note. "Second PCJL Note" shall have the meaning provided in Section 2.2(b). "Securities Act" means the Securities Act of 1933, as amended. "S&P" means Standard & Poor's Corporation. "Share" or "Shares" refers to the Class A Preferred and the Class B Shares representing the Members' limited liability company interests in the Company plus any additional limited liability company interests in the Company authorized by the Company in an amendment to this Agreement, and any and all benefits to which the holder of such interests may be entitled as provided in this Agreement, together with all obligations of such holder to comply with the terms and provisions of this Agreement. "Subsidiary" means, with respect to any Person, any company, partnership, joint venture, limited liability company, association or other entity in which such Per...
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Examples of Quarterly Distribution Period in a sentence

  • The amount of any quarterly distribution payable for any Quarterly Distribution Period shorter than a full Quarterly Distribution Period shall be prorated and computed on the basis of the actual number of days in such period on the basis of a 360-day year of twelve 30-day months.

  • From the date of issuance, distributions shall accrue on the Preferred Shares at an annual rate equal to six and one half percent (6.5%) of such Share's Liquidation Preference as of the start of each Quarterly Distribution Period.

  • Distributions on the Common Shares with respect to any Quarterly Distribution Period after the first Payment Date occurring after the Class A Preferred ceases to be outstanding shall be paid on the Payment Date at the end of such Quarterly Distribution Period (or, as to distributions paid in-cash, if such date is not a Business Day, on the next Business Day thereafter) without any additional accrual.

  • Distributions with respect to any Quarterly Distribution Period shall be paid on the Payment Date at the end of such Quarterly Distribution Period (or, in the case of cash distributions only, if such date is not a Business Day, on the next Business Day thereafter without any additional accrual).

  • Each Class A Member on the applicable Quarterly Distribution Record Date shall be entitled to receive (regardless of whether such Class A Member remains a Class A Member of record on the applicable Quarterly Distribution Payment Date), distributions accrued to but excluding the applicable Quarterly Distribution Payment Date (“Mandatory Quarterly Distributions”), by 5:00 pm, New York City time, on such Quarterly Distribution Payment Date in respect of the Quarterly Distribution Period then ended.

  • Distributions payable on the Common Shares for any other period which is less than a full Quarterly Distribution Period shall be computed at the Common Distribution Rate per annum based on a 360-day year of twelve 30-day months.

  • Prior to the first Quarterly Distribution Period commencing after the Class A Preferred ceases.

  • Quarterly distributions shall begin to accrue and shall be fully cumulative from the first date on which the pertinent units of the Series D Preferred Partnership Units are issued and sold and shall first be payable on January 31, 1999 (each such payment date being hereafter called a "Quarterly Distribution Date" and each period ending on a Quarterly Distribution Date being hereinafter called a "Quarterly Distribution Period").

  • Quarterly distributions shall begin to accrue and shall be fully cumulative from the first date on which the pertinent units of the Series C Preferred Partnership Units are issued and sold and shall first be payable on January 31, 1999 (each such payment date being hereafter called a "Quarterly Distribution Date" and each period ending on a Quarterly Distribution Date being hereinafter called a "Quarterly Distribution Period").

  • After the Class A Preferred ceases to be outstanding, for any Quarterly Distribution Period for which the quarterly distribution on Common Shares is less than the Company's Available Net Cash Proceeds and Consolidated Retained Earnings, distributions on the Common Shares, when, as and if declared by the Management Committee, may be paid in cash or in-kind.


More Definitions of Quarterly Distribution Period

Quarterly Distribution Period means the applicable period from December 31 up to the next March 31, from March 31 up to the next June 30, from June 30 up to the next September 30 or from September 30 up to the next December 31; provided, that the first Quarterly Distribution Period for any Preferred Share shall mean the period commencing on the date of the original issuance of such Share up to the first March 31, June 30, September 30 or December 31 to occur thereafter. "RAMP Investments" means RAMP Investments, L.L.C., a Delaware limited liability company, and a Subsidiary of the Company. "RAMP Investments Operating Agreement" means the Operating Agreement of RAMP Investments, dated as of the date hereof. "Redemption Price" shall have the meaning provided in Section 3.4(a). "Rescission Notice" shall have the meaning provided in Section 11.7(b). "Rule 144" shall have the meaning provided in Section 9.4. "SEC" shall have the meaning provided in Section 9.4. "Second Appraiser" shall have the meaning provided in Section 3.5. 12 _____________________________________________________________________________
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Quarterly Distribution Period means the period from and including a Quarterly Distribution Payment Date (or, with respect to the first Quarterly Distribution Period, the Effective Date) to, but excluding, the next succeeding Quarterly Distribution Payment Date.
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Related to Quarterly Distribution Period

  • 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.

  • 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.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • First Distribution Date 20___ Initial Certificate Balance of this Certificate ("DENOMINATION") : $ Initial Class Certificate Balance of all Certificates of this Class: : $ Pass-Through Rate : LIBOR + % CUSIP : ISIN : Popular ABS, Inc. Mortgage Pass-Through Certificates, Series []-[] Class []-[] evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of a pool of fixed and adjustable rate mortgage loans (collectively, the "LOANS"). Popular ABS, Inc., as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Balance at any time may be less than the Certificate Balance as set forth herein. This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Sellers, the Servicer or the Trustee referred to below or any of their respective affiliates. Neither this Certificate nor the Loans are guaranteed or insured by any governmental agency or instrumentality. This certifies that is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the denomination of this Certificate by the aggregate Initial Certificate Balances of all Certificates of the Class to which this Certificate belongs) in certain monthly distributions with respect to a Trust Fund consisting primarily of the Loans deposited by Popular ABS, Inc. (the "DEPOSITOR"). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as of the Cut-off Date specified above (the "AGREEMENT") among the Depositor, _________________, _______________ and ___________________, as sellers (in such capacity, collectively, the "SELLERS"), Equity One, Inc., a Delaware corporation, as servicer (in such capacity, the "SERVICER"), and ___________________, as trustee (the "TRUSTEE"). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee. * * *

  • Distribution Period means (i) with respect to interest paid on the first Interest Payment Date, the period beginning on (and including) the date of original issuance and ending on (but excluding) the Interest Payment Date in December 2005 and (ii) thereafter, with respect to interest paid on each successive Interest Payment Date, the period beginning on (and including) the preceding Interest Payment Date and ending on (but excluding) such current Interest Payment Date.