Series A Preferred Distribution Payment Date definition

Series A Preferred Distribution Payment Date shall have the meaning provided in Section 5(a).
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Series A Preferred Distribution Payment Date means, during the Series A Preferred Fixed Rate Period, the 15th day of June and December of each year, and during the Series A Preferred Floating Rate Period, the 15th day of March, June, September and December of each year; provided, however, that if any Series A Preferred Distribution Payment Date would otherwise occur on a day that is not a Business Day, such Series A Preferred Distribution Payment Date shall instead be on the immediately succeeding Business Day; provided further, that the first Series A Preferred Distribution Payment Date shall be June 15, 2018.
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Series A Preferred Distribution Payment Date shall have the meaning provided in Section 5(a) of the First Amendment.
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Examples of Series A Preferred Distribution Payment Date in a sentence

  • If any Series A Preferred Distribution Payment Date otherwise would occur on a date that is not a Business Day, declared Series A Preferred Distributions shall be paid on the immediately succeeding Business Day without the accumulation of additional distributions.


More Definitions of Series A Preferred Distribution Payment Date

Series A Preferred Distribution Payment Date shall have the meaning provided in Section 16.04(a).
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Related to Series A Preferred Distribution Payment Date

  • Regular Principal Distribution Amount means, with respect to any Payment Date, an amount equal to (a) the excess, if any, of (i) the Note Balance as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date), over (ii) the excess, if any, of the Adjusted Pool Balance as of the end of the related Collection Period less the Overcollateralization Target Amount minus (b) the sum of the First Priority Principal Distribution Amount and the Second Priority Principal Distribution Amount for such Payment Date.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.