Common use of Initial Distribution Clause in Contracts

Initial Distribution. Notwithstanding the terms of Section 2.a., the initial distribution payable on the Series A Convertible CRA Shares shall be equal to the quarterly distribution then payable on the Common Shares, prorated for the period from the date of issuance of the Series A Convertible CRA Shares through the record date for such distribution.

Initial Distribution. Notwithstanding the terms of Section 2.a., the initial distribution payable on the Series A Convertible CRA Preferred Shares shall be equal to the quarterly distribution then payable on the Common Shares, prorated for the period from the date of issuance of the Series A Convertible CRA Preferred Shares through the record date for such distribution.

Initial Distribution. Notwithstanding the terms of Section 2.a., the initial distribution payable on upon the Series A Convertible issuance of each CRA Shares Preferred Share shall be equal to the quarterly distribution then payable on the a Common SharesShare for such period, prorated for the period from the date of issuance of the Series A Convertible such CRA Shares Preferred Share through the record date for such distribution.