DISTRIBUTIONS AND LOANS Sample Clauses
DISTRIBUTIONS AND LOANS. Loans Option 1: Yes.
DISTRIBUTIONS AND LOANS. (a) The General Partner, in its discretion, may authorize distributions by the Partnership to the Partners holding Common Units, which distributions shall be made pro rata in accordance with such Partners’ respective Percentage Interests at the record date for such distribution. Notwithstanding the foregoing sentence, the General Partner, in its discretion, may authorize cash distributions by the Partnership to the Ultimate Parent (which distributions shall be made without pro rata distributions to other Partners) be made in amounts required for Ultimate Parent to pay (A) consideration, if any, for redemption, repurchase, acquisition, cancellation or termination of Class A Common Stock or Class C Common Stock in accordance with Section 7.04 hereof; and (B) (i) overhead, legal, accounting and other professional fees and expenses, including any judgments, settlements, penalties, fines or other costs and expenses in respect of any claims against, or any litigation or proceedings involving, the Ultimate Parent or any of its direct or indirect subsidiaries, (ii) fees and expenses related to any securities offering, investment or acquisition (whether or not successful) authorized by the Board of Directors of the Ultimate Parent and (iii) other fees and expenses in connection with the maintenance of existence of the Ultimate Parent and any of its direct and indirect subsidiaries other than the Partnership and its subsidiaries (including, but not limited to, any costs or expenses associated with being a public company listed on a national securities exchange); provided, however, that the amount of any such distributions shall be reduced, to the extent practicable, by the amount of unused cash remaining from the prior distributions by the Partnership to the Ultimate Parent, including any interest earned thereon. Partners holding Units other than Common Units shall be entitled to such distributions as provided in the instruments governing the issuance of such Units, which terms shall be determined by the General Partner in accordance with Section 7.06. Subject to the last two sentences of this Section 4.01(a), the General Partner, in its discretion, may cause the Partnership or any of its subsidiaries to make loans to the Ultimate Parent or any of its direct or indirect subsidiaries for any bona fide business purposes; provided, however, that if any loan to the Ultimate Parent or any of its direct or indirect subsidiaries other than the Partnership and its subsidiar...
DISTRIBUTIONS AND LOANS. Complete Parts A and B
DISTRIBUTIONS AND LOANS. Can I withdraw money from the Plan while I am still employed?
DISTRIBUTIONS AND LOANS. (a) Make any Distribution except as permitted expressly under Clause 16.3, Clause 16.4, Clause 16.5(b) or Clause 26.10.
(b) Make any loan or provide any other form of credit (including in the form of guarantees or indemnities) to any Person other than an intercompany loan contemplated by Clause 26.17. For the avoidance of doubt, the payment of any costs and expenses by any Borrower in respect of any Charterer Furnished Items as permitted by this Agreement shall not constitute the making of any loan or the provision of any other form of credit for the purposes of this Clause 20.10(b).
DISTRIBUTIONS AND LOANS. E(1) FORMS OF DISTRIBUTION (PLAN SECTION 6.2) a. Distributions under the Plan may be made as follows (check all that apply): 1. /X/ Automatic cash out of vested account balance if $3,500 or less. 2. /X/ Single lump sum. 3. / / Installments over a period not to exceed ____ years (payable monthly, quarterly, semi-annually or annually). 4. / / Combination of lump sum and installments. 5. / / Automatic distribution of entire account at age 70 1/2.
DISTRIBUTIONS AND LOANS. Check the loan option you prefer. Selecting “Yes” does not mean you are required to Required take a loan. It ensures you have the ability to take one if you choose at any time.
DISTRIBUTIONS AND LOANS. The Memorandum and Articles of Association of each of the Cayman Subsidiaries do not prohibit the making of any distribution on such subsidiary’s equity interests, from repaying to Transocean Partners LLC or Transocean Partners Holdings Limited or any of their affiliates any loans or advances to such subsidiary or from transferring any of such subsidiary’s property or assets to Transocean Partners LLC or any subsidiary of Transocean Partners LLC, subject always to the provisions of the Companies Law (Revised) of the Cayman Islands.
DISTRIBUTIONS AND LOANS. Complete Parts A through C
DISTRIBUTIONS AND LOANS. Complete Parts A through F