Class B Distribution Amount definition

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.

Examples of Class B Distribution Amount in a sentence

  • With respect to any Quarter, the Class B Quarterly Distribution may be paid, as determined by the General Partner at the direction of the Audit Committee, in cash or in-kind in the form of additional Class B Units, in each case, of the same series of Class B Units (“Class B PIK Units”), in an amount equal to the applicable Class B Distribution Amount for all Outstanding Class B Units.


More Definitions of Class B Distribution Amount

Class B Distribution Amount means an amount per Class B Unit equal to 2% of the Class B Capital Contribution Per Unit Amount.
Class B Distribution Amount. Any of the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, the Class II-B-1, Class II-B-2, Class II-B-3, Class II-B-4, Class II-B-5 or Class II-B-6 Distribution Amounts.
Class B Distribution Amount. As of any Payment Date, the sum of (i) the Class B Interest Distribution Amount for such Payment Date and (ii) the Class B Principal Distribution Amount for such Payment Date.
Class B Distribution Amount. As of any Payment Date, the sum of (i) the Class B Interest Distribution Amount for such Payment Date, (ii) the Group I Subordination Reduction Amount for such Payment Date and the Group II Subordination Reduction Amount, if any, described in Section 7.3(b)(iii)(E) hereof and (iv) the Class B Carry-Forward Amount, if any, as of such Payment Date.
Class B Distribution Amount. With respect to any Payment Date, the amount payable to Class B pursuant to footnotes 4 and 5 of Section 2.8(c).
Class B Distribution Amount. Any of the Class Cr-B-1 Distribution Amount, Class Cr-B-2 Distribution Amount, Class Cr-B-3 Distribution Amount, Class Cr-B-4 Distribution Amount, Class Cr-B-5 Distribution Amount, Class Cr-B-6 Distribution Amount, Class III-B-1 Distribution Amount, Class III-B-2 Distribution Amount, Class III-B-3 Distribution Amount, Class III-B-4 Distribution Amount, Class III-B-5 Distribution Amount or Class III-B-6 Distribution Amount.
Class B Distribution Amount means an amount per Class B Unit equal to the applicable Class B Distribution Rate multiplied by the applicable Class B Issue Price; provided however, that the applicable Class B Distribution Amount payable for the Quarter in which the Class B Issue Date falls, shall be prorated for such period, commencing on the applicable Class B Issue Date and ending on, and including, the last day of the applicable Quarter.