Common use of Restrictions on Distribution Clause in Contracts

Restrictions on Distribution. No amounts may be distributed from the Subdivision Fund contrary to Section VII, i.e., no amounts may be distributed directly to Non-Participating Subdivisions or to Later Participating Subdivisions to the extent such a distribution would violate Section VII.E through Section VII.

Appears in 39 contracts

Sources: Distributor Settlement Agreement, Settlement Agreement, Distributor Settlement Agreement

Restrictions on Distribution. No amounts may be distributed from the Subdivision Fund contrary to Section VII, i.e., no amounts may be distributed directly to Non-Participating Subdivisions or to Later Participating Subdivisions to the extent such a distribution would violate Section VII.E through Section VII.Section

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement