Special Distribution definition

Special Distribution has the meaning set forth in Section 11.4.

Special Distribution has the meaning ascribed thereto in subsection 2.12(3);

Special Distribution has the meaning ascribed to that term in Section 2.13(3);

Examples of Special Distribution in a sentence

• The Trustee shall mail notice of each Special Payment and the Special Distribution Date therefor to the Certificateholder of this Certificate.

• If a Regular Distribution Date or Special Distribution Date is not a Business Day, distribution shall be made on the immediately following Business Day with the same force and effect as if made on such Regular Distribution Date or Special Distribution Date and no interest shall accrue during the intervening period.

• All income and earnings from such investments shall be distributed on such Special Distribution Date as part of such Special Payment.

• Any investment made pursuant to this Section 4.04 shall be in such Permitted Investments having maturities not later than the date that such moneys are required to be used to make the payment required under Section 4.02 on the applicable Special Distribution Date and the Trustee shall hold any such Permitted Investments until maturity.

• In the case of any other Special Payments, such notice shall be mailed as soon as practicable after the Trustee has confirmed that it has received funds for such Special Payment, stating the Special Distribution Date for such Special Payment which shall occur not less than 15 days after the date of such notice and as soon as practicable thereafter.

More Definitions of Special Distribution

Special Distribution has the meaning set forth in Section 4.1(c);

Special Distribution has the meaning attributed thereto in subsection 5.1(c);

Special Distribution means a distribution on the Common Stock of:

Special Distribution has the meaning set forth in Section 2.5(a) hereof.

Special Distribution has the meaning ascribed thereto in subsection 5.1.4;

Special Distribution has the meaning given to it in Clause 6.3 (Special Distribution) of the Mortgages Trust Deed;

Special Distribution means a distribution that will, if necessary, be made in each year to Unitholders of record on December 31 of that year in order that the Fund will generally not be liable to pay income tax in respect of that year.