Document Distributions Clause Samples

Document Distributions. (a) On each Distribution Date or as promptly thereafter as is practicable, the Trustee shall prepare and make available on its internet website (initially located at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇) to each Certificateholder (whether or not such Certificateholder receives a payment on such Distribution Date) and the Depositor a statement setting forth: (i) the amount of Available Funds with respect to such Distribution Date, separately identifying the amount thereof attributable to Underlying Payments, Underlying Make-Whole Payments and Reinvestment Income; (ii) the aggregate amount distributed pursuant to Sections 5.01(a), 5.01(b), (d) and 5.01(e), separately identifying the amount pursuant to each subparagraph of Section 5.01(a) and 5.01(b) and, if applicable, the amount thereof attributable to sale proceeds pursuant to Section 2.04(c); (iii) the aggregate Principal Balance of each Class of Certificates before and after giving effect to the amounts distributed on such Distribution Date; (iv) if applicable, the amount of any shortfall between the amount that would have been distributed with respect to either Class of Certificates if interest had been distributed in full at the applicable Certificate Rate; and (v) such other information as the Trustee shall decide to include. (b) Promptly after the Trustee receives it, the Trustee shall make available to the Certificateholders and the Depositor a copy of any material document received by the Trustee, as a holder of the Underlying Assets.
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Related to Document Distributions

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Final Distributions Upon the winding up of the LLC, the assets must be distributed as follows: (a) to the LLC creditors; (b) to Members in satisfaction of liabilities for distributions; and (c) to Members first for the return of their contributions and secondly respecting their LLC interest, in the proportions in which the Members share in profits and losses.

  • Special Distributions In case the Company shall fix a record date for the making of a distribution to all holders of shares of Common Stock (including any such distribution made in connection with a consolidation or merger in which the Company is the surviving corporation) or evidences of indebtedness or assets (other than dividends and distributions referred to in Sections 4(c) and 4(d) above and other than cash dividends) or of subscription rights, options, warrants, or exchangeable or convertible securities containing the right to subscribe for or purchase shares of any class of equity securities of the Company (excluding those referred to in Section 4(e) above), the Warrant Price to be in effect on and after such record date shall be adjusted by multiplying the Warrant Price in effect immediately prior to such record date by a fraction (i) the numerator of which shall be the fair market value per share of Common Stock on such record date, less the fair value (as determined by the Board of Directors of the Company in good faith as set forth in a duly adopted board resolution certified by the Company's Secretary or Assistant Secretary) of the portion of the assets or evidences of indebtedness so to be distributed or of such subscription rights, options, warrants, or exchangeable or convertible securities applicable to one (1) share of the Common Stock outstanding as of such record date, and (ii) the denominator of which shall be such fair market value per share of Common Stock. Such adjustment shall be made successively whenever such a record date is fixed; and in the event that such distribution is not so made, the Warrant Price shall again be adjusted to be the Warrant Price which would then be in effect if such record date had not been fixed, but such subsequent adjustment shall not affect the number of Warrant Shares issued upon any exercise of this Warrant prior to the date such subsequent adjustment was made.

  • Qualified Reservist Distributions If you are a qualified reservist member called to active duty for more than 179 days or an indefinite period, the payments you take from your IRA during the active duty period are not subject to the 10 percent early distribution penalty tax.

  • When Must Distributions from a ▇▇▇▇ ▇▇▇ Begin Unlike Traditional IRAs, there is no requirement that you begin distribution of your account during your lifetime at any particular age.