Class C Distribution definition

Class C Distribution means the aggregate cumulative preferential cash distribution to be paid on the Class C LP Units equal each month to $0.05 per Class C LP Unit multiplied by the number of issued and outstanding Class C LP Units, as the case may be. See “Description of the Partnership — Partners and Partnership Securities”.
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Class C Distribution means, with respect to a Class C Convertible Preferred Unit:
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Class C Distribution means in respect of any month the aggregate cumulative preferential cash distribution to be paid on the Class C Units, equal to $0.0625 per Class C Unit multiplied by the number of issued and outstanding Class C Units.
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Examples of Class C Distribution in a sentence

  • The compensation provided in the Class C Distribution Plan applicable to Class C Shares (the "Class C Plan") is divided into a distribution fee and a service fee, each of which fees is in compensation for different services to be rendered to the Fund.

  • The Distributor shall be considered to have performed all services so as to entitle it to the right to the payment of the Class C Distribution Fee with respect to the first year following issuance of each Class C Share so long as with respect to the Class C Distribution Fee, the Plan with regard to such Class C Shares continues pursuant to its term and the right to payment of the CDSC with respect to each Class C Share upon the settlement date of the redemption of such Class C Share.

  • The Class C Certificates are entitled to the Class C Distribution Amount on each Distribution Date.

  • Class C Priority Return Amounts that are distributable with respect to a period greater or less than a full Class C Distribution Period shall be computed on the basis of a 360-day year consisting of 12 30-day months.

  • BE IT RESOLVED, that the Fund and Distributor hereby amend the Class C Distribution Agreement to include the sale of Class C shares of the Large Cap Growth Series and Technology Series of the Fund.

  • The Distributor shall be considered to have performed all services so as to entitle it to the right to the payment of the Class C Distribution Fee with respect to the first year following issuance of each Class C Share and the right to payment of the CDSCs with respect to each Class C Share upon the settlement date of the purchase of such Class C Share, so long as, with respect to the Class C Distribution Fee, the Plan with regard to such Class C Shares continues pursuant to its term.

  • In accordance with the Plan, the Trust in respect of each Fund shall pay to the Distributor or, at the Distributor's direction, to a third party, monthly in arrears on or prior to the third business day of the following calendar month, a fee (the "Class C Distribution Fee") equal to the average daily net assets of Class C Shares multiplied by that portion of 0.75% which the number of days in the month bears to 365.

  • The compensation provided in the Class C Distribution Plan applicable to Class C Shares (the “Class C Plan”) is divided into a distribution fee and a service fee, each of which fees is in compensation for different services to be rendered to the Fund.

  • If Shares are tendered to the Trust for redemption or repurchase by the Trust within seven (7) business days after JNLD's acceptance of the original purchase order for such Shares, JNLD shall revise the dollar amounts relevant to the Class A Distribution Plan and the Class C Distribution Plan accordingly.

  • For federal and state income tax purposes, the Class C Certificateholders will be deemed to be the owners of the Net Rate Cap Fund and all amounts deposited into the Net Rate Cap Fund (other than the initial $10,000 deposit) shall be treated as amounts distributed by REMIC III with respect to the Class C Distribution Amount and Class C Carryforward Amount.

Related to Class C Distribution

  • Class C Distribution Amount With respect to any Distribution Date, the sum of (i) the Current Interest for the Class C Interest for such Distribution Date, (ii) any Overcollateralization Release Amount for such Distribution Date and (iii) without duplication, any Subsequent Recoveries not distributed to the Class A, Class M and Class B Certificates on such Distribution Date; provided, however, that, on any Distribution Date after the Distribution Date on which the Certificate Principal Balances of the Class A, Class M and Class B Certificates have been reduced to zero, the Class C Distribution Amount shall include the Overcollateralization Amount.

  • Class C Distributable Amount As defined in the Preliminary Statement.

  • Class B Distribution Amount Any of the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 or Class B-6 Distribution Amounts.

  • Class B-3 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-3 Certificates pursuant to Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a).

  • Class B-1 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-1 Certificates pursuant to Paragraphs fifth, sixth and seventh of Section 4.01(a).