Specified Distribution Date definition

Specified Distribution Date means the specific date designated by a Participant pursuant to clause (ii) of Section 5.01(a).

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Specified Distribution Date means a Business Day selected by a Participant pursuant to Section 5.01(a).

Specified Distribution Date means, as used with respect to a Deferred Stock Unit granted hereunder, the date that is the third anniversary of the Grant Date; provided that, as used with respect to a Deferred Stock Unit granted hereunder which the Grantee has elected to defer in accordance with a properly and timely completed deferral election form, the date specified as the “Specified Distribution Date” on such deferral election form shall be the Specified Distribution Date for purposes of this Agreement.

Examples of Specified Distribution Date in a sentence

The Trustee shall, subject to Section 5.9 hereof, distribute the requested amount to the Ceding Insurer or its designee on the Specified Distribution Date, but only against the concurrent issuance and delivery to the Grantor by XL Capital of an amount of XL Preferred Securities having an aggregate liquidation preference that is equal to the amount of funds so distributed.
Any distribution of Payment Account Net Earnings to XL Capital pursuant to this Section 5.7 shall be limited to the Payment Account Net Earnings in the Payment Account on the Specified Distribution Date after any distributions that are required to be made to the Trustee, the Asset Swap Counterparty, the Interest Rate Swap Counterparty, the Ceding Insurers and XLIB, or any of them, on the Specified Distribution Date have been made.
The Trustee shall, subject to Section 5.9 hereof, distribute the requested amount to the Interest Rate Swap Counterparty or its designee on the Specified Distribution Date.
The Trustee shall, subject to Section 5.9 hereof, distribute the requested amount to the Asset Swap Counterparty or its designee on the Specified Distribution Date.
The Trustee shall, subject to Section 5.9 hereof and the limitation set forth in the immediately succeeding sentence, distribute the requested amount to XL Capital or its designee on the Specified Distribution Date.
The Trustee shall, subject to Section 5.9 hereof, distribute the requested amount to XLIB or its designee on the Specified Distribution Date, but only against the concurrent issuance and delivery to the Grantor by XL Capital of an amount of XL Preferred Securities having an aggregate liquidation preference that is equal to the amount of funds so distributed.
The Trustee shall, subject to Section 5.9 hereof, distribute the requested amount to the Grantor or its designee on the Specified Distribution Date.

More Definitions of Specified Distribution Date

Specified Distribution Date means the Interest Payment Date occurring in January, April, July and October of each year beginning in July 2025.

Specified Distribution Date means the specified future date indicated on the Participant’s Election Form pursuant to an election made under Section 4.1.

Specified Distribution Date means, for deferrals made on or after August 1, 2017, a date specified by a Participant in his Deferral Election for the payment of such Participant’s Account (or subaccount, as applicable) relating to such Deferral Election.

Specified Distribution Date means a specific time, within the meaning of Section 409A of the Code and the regulations promulgated thereunder, that is designated by the Participant in his or her Enrollment Agreement or Amended Enrollment Agreement, as applicable; provided, however, that the Specified Distribution Date cannot be sooner than the date on which the Participant has: (a) vested in all of the amounts credited to his or her Defined Contribution Account pursuant to ARTICLE VI below, and (b) either: (1) attained age fifty-five (55), (2) died, or (3) determined to be Disabled.

Specified Distribution Date means the date on which a distribution from the Payment Account is to be made to a Beneficiary. The Specified Distribution Date shall be set forth in the written certification delivered by or on behalf of such Beneficiary pursuant to Section 5.3, 5.4, 5.5, 5.6, 5.7 or 5.8 hereof and shall not be earlier than:

Specified Distribution Date means, as used with respect to a Deferred Stock Unit evidenced hereby, the date that is the [ ] anniversary of the Grant Date; provided, that, as used with respect to a Deferred Stock Unit evidenced hereby that the Grantee has elected to defer in accordance with a properly and timely completed deferral election form, the date specified as the “Specified Distribution Date” on such deferral election form shall be the Specified Distribution Date for purposes of this Agreement; provided further, however, that the date specified on such deferral election form shall not be a date that is either (a) earlier than [ ], or (b) later than [ ].