Class A Distribution Date definition

Class A Distribution Date means each February 1, May 1, August 1 and November 1 occurring prior to a Liquidation Event or, if such date is not a Business Day, the next succeeding Business Day.
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Class A Distribution Date means the last Business Day of any Fiscal Quarter occurring prior to the Fiscal Quarter in which a Liquidating Event occurs.
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Class A Distribution Date means (i) prior to the second Scheduled Reset Date, the last Business Day of any Fiscal Quarter; provided that a Class A Distribution Date shall also occur on the Business Day immediately prior to the second Scheduled Reset Date and (ii) thereafter, January 15, April 15, July 15 and October 15, of each year, commencing on January 15, 2012, provided that, if such Class A Distribution Date set forth in this clause (ii) is not a Business Day, payment shall be made on the next succeeding Business Day.
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Examples of Class A Distribution Date in a sentence

  • For purposes of this Section 13.5, the Class A Limited Member Preferred Return shall be determined as if each Liquidation Period Guaranteed Payment Date constituted a Class A Distribution Date.

  • Distributions pursuant to this Section 4.1(a) (including any distributions made subsequent to the Class A Distribution Date on which they were required to be made but prior to the succeeding Class A Distribution Date on which distributions are required to be made) shall be made to the Class A Limited Members of record fifteen (15) days prior to the relevant Class A Distribution Date.

  • Distributions pursuant to this Section 4.1(a) (including any distributions made subsequent to the Class A Distribution Date or Class B Distribution Date, as applicable, on which they were required to be made but prior to the succeeding Class A Distribution Date or Class B Distribution Date, as applicable, on which distributions are required to be made) shall be made to Members of record fifteen (15) days prior to the relevant Class A Distribution Date or Class B Distribution Date, as applicable.

  • Except as otherwise provided in Section 13, the Company shall make distributions, as and when declared by the Managing Member, to the Class A Limited Members on each Class A Distribution Date, in an amount equal to the cumulative amount of the Class A Limited Member Preferred Return accrued in respect of the related Class A Distribution Period for each such Class A Limited Member’s Unrecovered Capital.

  • For purposes of this Section 13.7, the Limited Member Preferred Return shall be determined as if the last Class A Distribution Date and Class B Distribution Date occurring prior to the Liquidation Period and each Liquidation Period Guaranteed Payment Date constituted a Class A Distribution Date or Class B Distribution Date, as the case may be.

  • For any Distribution Date will be the percentage indicated below: Class A-__ and Class A-__ Distribution Date Occurring In Prepayment Shift Percentage ------------------------------ --------------------------- _________ 1999 through ______ 2004.........

  • Except as otherwise provided in Section 13, the Company shall make distributions, as and when declared by the Managing Member, to the Class A Limited Members on each Class A Distribution Date, in an amount equal to the cumulative amount of the applicable Class A Limited Member Preferred Return accrued in respect of the related Class A Distribution Period for each such Class A Limited Member’s Unrecovered Capital.

  • Except as otherwise provided in Section 13, the Company shall make distributions, if, as and when declared by the Managing Member, to the Class A Limited Members on each Class A Distribution Date, in an amount equal to the cumulative amount of the Class A Limited Member Preferred Return accrued in respect of the related Class A Distribution Period for each such Class A Limited Member’s Unrecovered Capital.

Related to Class A Distribution Date

  • Class A Distribution Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), the amount distributable to such Class of Class A Certificates pursuant to Paragraphs first, second and third clause (A) of Section 4.01(a). As to any Distribution Date and the Class A-PO Certificates, the amount distributable to the Class A-PO Certificates pursuant to Paragraphs third clause (B) and fourth of Section 4.01(a) on such Distribution Date.

  • Class A-4 Final Distribution Date means the January 2030 Distribution Date.

  • Class A-3 Final Distribution Date means the July 2029 Distribution Date.

  • Class A-2 Final Distribution Date has the meaning set forth in the Sale and Servicing Agreement.

  • Class C Final Distribution Date means the November 2025 Distribution Date.