Relevant Distribution definition

Relevant Distribution has the meaning specified in Section 4.04(c).
Relevant Distribution shall have the meaning specified in Section 14.04(c).
Relevant Distribution has the meaning specified in Section 5.06(c).

Examples of Relevant Distribution in a sentence

  • The forced conversion referred to in this paragraph shall be effective at the close of business on the Distribution Payment Date for the last Relevant Distribution Period.

  • The Borrower undertakes with each Creditor Party (only if the circumstances referred to in Clause 8.2(a) shall apply at the relevant time) to ensure that no later than 3 Business Days after a Relevant Distribution Declaration Date, there shall be transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts, the repayment instalment falling due under Clause 8.2(a) at that time.

  • A Distribution will only be paid if:• BOQ in its absolute discretion elects to pay the Distribution on the Relevant Distribution Payment Date; and• no Payment Condition exists on the Relevant Distribution Payment Date.• Distributions are expected to be fully franked.• If Distributions are franked, the value and availability of franking credits to a Holder will depend on that Holder’s particular circumstances and the tax rules that apply at the time of each Distribution.

  • The amounts listed under sub-clauses (B)(1) and (B)(2) are, together, referred to as the "Funding Relevant Distribution".

  • Relevant Directors means the directors of the Company at the time of payment of any Relevant Distribution.


More Definitions of Relevant Distribution

Relevant Distribution has the meaning given to it in Clause 4.2 (Consideration) of the Mortgages Trust Deed;
Relevant Distribution. , in relation to a person, means—
Relevant Distribution means a dividend paid, or other distribution made, out of profits in respect of a relevant subsidiary’s share capital other than redeemable share capital, that constitutes income in the hands of the recipient for the purposes of corporation tax […]”
Relevant Distribution has the meaning set forth in Section 10.4(c) of the Agreement.
Relevant Distribution means any Distribution received by the Borrower.
Relevant Distribution has the meaning set forth in Section 10.04(c).
Relevant Distribution means any Distribution made after the IRR Threshold has been met as determined in Schedule 3 and made in respect of the earlier of (i) the period up to and including 30 June 2016; and (ii) in the case of a Takeover, the period up to and including the Takeover Date;