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).
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
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. “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.
Sample 1Sample 2Sample 3
Distribution Percentage. As used in the Agreement, “
Sample 1Sample 2
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.
Sample 1
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: (a) Until such date as Party B's total investment and interest of the external financing in the Joint Venture Company has been fully recovered by Party B (the "Recoupment Date"), the distribution of profits shall be in accordance with the following percentages: Party Distribution Percentage PARTY A 20% PARTY B 80% (b) After the Recoupment Date, all distribution of profits shall be made as follows: Name of the Party Distribution Percentage PARTY A 49% PARTY B 51% Unless otherwise unanimously agreed to by the Parties, the profit shall be distributed in cash (in Renminbi). Such distribution shall be converted into foreign currency.
Sample 1
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: (a) Unfit such date as Party B's total investment and interest of the external financing in the Joint Venture Company has been fully recovered by Party B (the "Recoupment Date"), the distribution of profits shall be in accordance with the following percentages: Name of the Party Distribution Percentage PARTY A 20% PARTY B 80% (b) After the Recoupment Date, all distribution of profits shall be made as follows: Name of the Party Distribution Percentage PARTY A 49% PARTY B 51%
Sample 1

Related to Distribution Percentage

  • Original Class A Percentage Section 11.05 Original Principal Balances of the Classes of Class A Certificates.....................................................

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

  • 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. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Discount Percentage The Discount Percentage shall be based upon the monthly average of the net assets of all of the funds on Master Schedule A to Management Contracts (“Group Assets”), as may be updated from time to time, and the monthly average of the net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. After determination of the average Group Assets tier bound level in Master Schedule B to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, the Discount Percentage shall be determined on a cumulative basis pursuant to the schedule set forth in Master Schedule B to Management Contracts.

  • 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 in Kind Notwithstanding the provisions of Section 18-605 of the Act, a member may receive distributions from the Company in any form other than cash, and may be compelled to accept a distribution of any asset in kind from the Company.

  • Distribution Date 13 DTC...........................................................................................13

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!