Distribution Payment Record Date definition
Examples of Distribution Payment Record Date in a sentence
Shares at the close of business on a Distribution Payment Record Date shall be entitled to receive the distribution payable with respect to such Exchange Shares on the corresponding Distribution Payment Date, notwithstanding the exchange or transfer thereof following such Distribution Payment Record Date and prior to such Distribution Payment Date.
Unless otherwise specified in the Vesting Agreement, no consideration or other payment shall be due with respect to any 2006 LTIP Units that have been forfeited, other than any distributions declared with respect to a Distribution Payment Record Date (as defined below) prior to the effective date of the forfeiture.
Distributions will be payable to the holder of the 2006 LTIP Units with respect to the 2006 LTIP Units held at the close of business on the applicable record date, which shall be such date designated by the General Partner for the payment of distributions that is not more than 30 nor less than 10 days prior to such Distribution Payment Date (each, a "Distribution Payment Record Date").
With regard to any distribution to the 2006 LTIP Units, the Distribution Payment Date shall be the same date as the date fixed for the payment of distributions to holders of Common Units and the Distribution Payment Record Date shall be the same date set for the record date for holders of Common Units.
Distributions will be payable to the holder of the Class C Common Units with respect to the Class C Common Units held at the close of business on the applicable record date, which shall be such date designated by the General Partner for the payment of distributions that is not more than 30 nor less than 10 days prior to such Distribution Payment Date (each, a "Distribution Payment Record Date").
The record date shall be the last calendar day of the month immediately preceding each Additional Distribution Payment Date (each, an “Additional Distribution Payment Record Date,” and collectively with each Current Distribution Payment Record Date, each a “Distribution Payment Record Date”).
If more than 20% of cumulative Net Sales in the Territory during any calendar year is from sales of Licensed Products in the Section B Territory Countries, then PRAECIS and Synthelabo shall promptly negotiate in good faith a special Transfer Price for Licensed Products sold in the Section B Territory Countries, with a view to preserving for both PRAECIS and Synthelabo the economic benefits intended to be provided hereunder.
With regard to any distribution to the Class C Common Units, the Distribution Payment Date shall be the same date as the date fixed for the payment of distributions to holders of Common Units and the Distribution Payment Record Date shall be the same date set for the record date for holders of Common Units.
A holder of Series A Preferred Units on a Distribution Payment Record Date who (or whose transferee) tenders any such units for conversion into Common Units on such Distribution Payment Date shall receive the distribution payable by the Operating Partnership on such Series A Preferred Units on such date, and the converting holder need not include payment of the amount of such distribution upon surrender of certificates representing such Series A Preferred Units for conversion.
Distributions will be payable to the holder of the Class B Common Units with respect to the Class B Common Units held at the close of business on the applicable record date, which shall be such date designated by the General Partner for the payment of distributions that is not more than 30 nor less than 10 days prior to such Distribution Payment Date (each, a "Distribution Payment Record Date").