Distribution Percentage Sample Clauses

Distribution Percentage. “Distribution Percentage” means, with respect to each Member as of the end of a calendar quarter, a percentage equal to the Percentage Interest of such Member; provided, however, that if a Member has terminated its participation in the Trading Activities pursuant to Section 9.3, then during all periods of time during which such Member is a Terminating Member, the Terminating Member’s Distribution Percentage shall be equal to 15% and the Non-Terminating Member’s Distribution Percentage shall be equal to 85%, in each case subject to Section 9.3(b)(v).
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Distribution Percentage. Subject to Section VII.C, the term “Distribution Percentage” refers to each Class Member’s share of the Net Settlement Amount, as defined in Section VIII.D.1, and of any residual balance in the Reserve Account, as defined in Section VIII.C.5. The Distribution Percentage is based on the amount of CSC already paid to each Class Member during the period 1994 through 2013, provided, however, that each Class Member shall receive a minimum payment of approximately $8,000 for each year that it had a BIA ISDA contract during the fiscal years 1994 through 2013. Each Class Member’s Distribution Percentage is set out in Appendix 2. U. Treasury Debt Collection Authorities “Treasury Debt Collection Authorities” are established by 31 U.S.C. § 3716 as part of the Debt Collection Improvement Act, and 26 U.S.C. § 6331(h) of the Internal Revenue Service Tax Code. Payments to each Tribal Contractor from the Judgment Fund as a result of this FSA are subject to United States Department of the Treasury Debt Collection Authorities. Subject to Section VII.B, the Bureau of Fiscal Service will offset and/or levy any delinquent debt of a Tribal Contractor from that Tribal Contractor’s share of the Settlement Amount and will notify that Tribal Contractor of that debt.
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Distribution Percentage. As used in the Agreement, “
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Distribution Percentage. As of any date of determination, the percentage of the cash which would be distributed to Borrower or any of its Subsidiaries pursuant to the terms of the organizational agreements of a Controlled Joint Venture, assuming a hypothetical cash distribution following a sale of all of the assets of such Controlled Joint Venture. For purposes of this definition, the amount available for such distribution shall be deemed to be an amount equal to the Capitalized Value of the applicable Unencumbered Controlled Joint Venture Property (determined without any adjustment based upon the Distribution Percentage), or if the Unencumbered Asset Value for such Unencumbered Controlled Joint Venture Property is not determined based upon the Capitalized Value, then the book value of such Unencumbered Controlled Joint Venture Property (determined without regard to any adjustment based upon the Distribution Percentage). The Distribution Percentage shall be an amount equal to the quotient obtained by dividing (x) the total cash that would be distributed to Borrower or its Subsidiaries in connection with such distribution by (y) the total amount of cash that would be distributed as a result of such sale. Dollars or $. Dollars in lawful currency of the United States of America. Domestic Lending Office. Initially, the office of each Lender designated as such on Schedule 1.1 hereto; thereafter, such other office of such Lender, if any, located within the United States that will be making or maintaining Base Rate Loans.
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Distribution Percentage. The Parties agree that the percentage of profits to be distributed to Party A and Party B by the Joint Venture Company shall be made in accordance with the following:
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Distribution Percentage. After paying the taxes in accordance with law and withdrawing the various reserve funds as provided in article 49 hereof, the remaining profits will be distributed to Party A and Party B in accordance with the following percentages:
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Related to Distribution Percentage

  • Distribution Limitation Notwithstanding any other provision in this Article 5, the General Partner shall have the power, in its reasonable discretion, to adjust the distributions to the Special Limited Partner to the extent necessary to avoid violations of the “2%/25% Guidelines” as described in the Advisory Agreement.

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • DISTRIBUTION OF EXCESS AGGREGATE CONTRIBUTIONS The Advisory Committee will determine excess aggregate contributions after determining excess deferrals under Section 14.07 and excess contributions under Section 14.08. If the Advisory Committee determines the Plan fails to satisfy the ACP test for a Plan Year, it must distribute the excess aggregate contributions, as adjusted for allocable income, during the next Plan Year. However, the Employer will incur an excise tax equal to 10% of the amount of excess aggregate contributions for a Plan Year not distributed to the appropriate Highly Compensated Employees during the first 2 1/2 months of that next Plan Year. The excess aggregate contributions are the amount of aggregate contributions allocated on behalf of the Highly Compensated Employees which causes the Plan to fail to satisfy the ACP test. The Advisory Committee will distribute to each Highly Compensated Employee his respective share of the excess aggregate contributions. The Advisory Committee will determine the respective shares of excess aggregate contributions by starting with the Highly Compensated Employee(s) who has the greatest contribution percentage, reducing his contribution percentage (but not below the next highest contribution percentage), then, if necessary, reducing the contribution percentage of the Highly Compensated Employee(s) at the next highest contribution percentage level (including the contribution percentage of the Highly Compensated Employee(s) whose contribution percentage the Advisory Committee already has reduced), and continuing in this manner until the ACP for the Highly Compensated Group satisfies the ACP test. If the Highly Compensated Employee is part of an aggregated family group, the Advisory Committee, in accordance with the applicable Treasury regulations, will determine each aggregated family member's allocable share of the excess aggregate contributions assigned to the family unit.

  • Pro Rata Distributions During such time as this Warrant is outstanding, if the Company shall declare or make any dividend or other distribution of its assets (or rights to acquire its assets) to holders of shares of Common Stock, by way of return of capital or otherwise (including, without limitation, any distribution of cash, stock or other securities, property or options by way of a dividend, spin off, reclassification, corporate rearrangement, scheme of arrangement or other similar transaction) (a “Distribution”), at any time after the issuance of this Warrant, then, in each such case, the Holder shall be entitled to participate in such Distribution to the same extent that the Holder would have participated therein if the Holder had held the number of shares of Common Stock acquirable upon complete exercise of this Warrant (without regard to any limitations on exercise hereof, including without limitation, the Beneficial Ownership Limitation) immediately before the date of which a record is taken for such Distribution, or, if no such record is taken, the date as of which the record holders of shares of Common Stock are to be determined for the participation in such Distribution (provided, however, that, to the extent that the Holder’s right to participate in any such Distribution would result in the Holder exceeding the Beneficial Ownership Limitation, then the Holder shall not be entitled to participate in such Distribution to such extent (or in the beneficial ownership of any shares of Common Stock as a result of such Distribution to such extent) and the portion of such Distribution shall be held in abeyance for the benefit of the Holder until such time, if ever, as its right thereto would not result in the Holder exceeding the Beneficial Ownership Limitation).

  • Distributions, Etc Upon the dissolution, winding up, liquidation or reorganization of the Tenant, whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Tenant, if any sum shall be paid or any property shall be distributed upon or with respect to any of the Pledged Collateral, such sum shall be paid over to the Secured Parties, to be held as collateral security for the Secured Obligations. If any dividend shall be declared on any of the Pledged Collateral (excluding cash dividends), or any share of beneficial interest or fraction thereof shall be issued pursuant to any split of beneficial interests involving any of the Pledged Collateral, or any distribution of capital shall be made on any of the Pledged Collateral, or any property shall be distributed upon or with respect to the Pledged Collateral pursuant to recapitalization or reclassification of the capital of the Tenant, the shares or other property so distributed shall be delivered to the Secured Parties to be held as collateral security for the Secured Obligations.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • REMIC Distributions On each Distribution Date the Trustee shall be deemed to have allocated distributions to the REMIC I Regular Interests, REMIC II Regular Interests, Class CE Interest, Class P Interest and Class IO Interest in accordance with Section 5.07 hereof.

  • Distribution of Net Cash Flow Net Cash Flow shall be distributed among the Partners in accordance with their Partnership Percentages at such times and in such amounts as shall be determined by the General Partner.

  • Distribution of Excess Contributions If the Advisory Committee determines the Plan fails to satisfy the ADP test for a Plan Year, it must distribute the excess contributions, as adjusted for allocable income, during the next Plan Year. However, the Employer will incur an excise tax equal to 10% of the amount of excess contributions for a Plan Year not distributed to the appropriate Highly Compensated Employees during the first 2 1/2 months of that next Plan Year. The excess contributions are the amount of deferral contributions made by the Highly Compensated Employees which causes the Plan to fail to satisfy the ADP test. The Advisory Committee will distribute to each Highly Compensated Employee his respective share of the excess contributions. The Advisory Committee will determine the respective shares of excess contributions by starting with the Highly Compensated Employee(s) who has the greatest ADP, reducing his ADP (but not below the next highest ADP), then, if necessary, reducing the ADP of the Highly Compensated Employee(s) at the next highest ADP level (including the ADP of the Highly Compensated Employee(s) whose ADP the Advisory Committee already has reduced), and continuing in this manner until the average ADP for the Highly Compensated Group satisfies the ADP test. If the Highly Compensated Employee is part of an aggregated family group, the Advisory Committee, in accordance with the applicable Treasury regulations, will determine each aggregated family member's allocable share of the excess contributions assigned to the family unit.

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