Common use of Adjustments to Hypothetical Capital Contribution Clause in Contracts

Adjustments to Hypothetical Capital Contribution. Upon payment of any Distribution Equivalent Payment, the hypothetical Capital Contribution associated with Class A-2 Interests issued pursuant to the Restricted Equity Units shall be reduced by such Distribution Equivalent Payment (until such hypothetical amount shall equal zero, at which point it shall not be further reduced).

Appears in 5 contracts

Samples: Management Equity Award Agreement (Travelport LTD), Management Equity Award Agreement (Travelport UK Acquisition CORP), Management Equity Award Agreement (Travelport LTD)

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Adjustments to Hypothetical Capital Contribution. Upon payment of any Distribution Equivalent Payment, the hypothetical Capital Contribution associated with Class A-2 Interests issued pursuant to the Restricted Equity Stock Units shall be reduced by such Distribution Equivalent Payment (until such hypothetical amount shall equal zero, at which point it shall not be further reduced).

Appears in 3 contracts

Samples: Management Equity Award Agreement (Travelport UK Acquisition CORP), Management Equity Award Agreement (Travelport UK Acquisition CORP), Management Equity Award Agreement (Travelport UK Acquisition CORP)

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Adjustments to Hypothetical Capital Contribution. Upon payment of any Unvested Distribution Equivalent Payment, the hypothetical Capital Contribution associated with Class A-2 Interests issued pursuant to the Restricted Equity Units shall be reduced by such Distribution Equivalent Payment (until such hypothetical amount shall equal zero, at which point it shall not be further reduced).

Appears in 2 contracts

Samples: Management Equity Award Agreement (Travelport LTD), Management Equity Award Agreement (Travelport LTD)

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