Advance Distribution definition

Advance Distribution shall have the meaning set forth in Section 5.1.
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Advance Distribution has the meaning ascribed thereto in clause 13.2;
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Advance Distribution means, with respect to any fund or funds of a Qualified Entity upon which Warrants have been issued, any receipt by the Qualified Entity of tax collections from its County Auditor in advance of final settlement and distribution of such tax collections for such fund or funds.
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Examples of Advance Distribution in a sentence

  • Any Early Investment Incentive, Advance Distribution, or similar incentive, payment or distribution in any subsequent Series shall be governed by the provisions of such offering materials.

  • Except with respect to the Early Investment Incentive and Advance Distribution, each Share, whether a Limited Liability Share or an Investor GP Share, shall have identical rights to allocations and distributions (including allocations and distributions upon liquidation, dissolution or other winding up of the Fund).

  • All such Available Cash from Operations distributable to the Investors will be distributed among the Investors in proportion to their relative shares of the Early Investment Incentive and the Advance Distribution until such Early Investment Incentive and Advance Distribution have been paid in full and thereafter, all Investors shall share in distributions of the Fund in accordance with Sections 5.2, 5.3, 5.4, and/or 5.5.

  • Should any liquidation surplus remain after the Advance Distribution, the liquidators will make a final liquidation distribution to the Seller’s shareholders of such remaining liquidation surplus as soon as reasonably possible after the liquidation accounts and plan of distribution have become final (such final distribution, if any, the “Final Distribution”, the Advance Distribution and the Final Distribution (if any) also, the “Distribution”).

  • All such Available Cash from Operations distributable to the Investors, as set forth in Section 5.2, will be distributed among the Investors in proportion to their relative shares of the Early Investment Incentive and the Advance Distribution until such Early Investment Incentive and Advance Distribution have been paid in full and thereafter, all Investors shall share in distributions of the Fund in accordance with Sections 5.2, 5.3, 5.4, and/or 5.5.

  • To the extent an Advance, Designated Advance, Distribution or Designated Distribution in respect of a particular Fiscal Year is not paid in accordance with this Section 5.13(h), such deferred Advance, Designated Advance, Distribution or Designated Distribution, as the case may be, will be made before any Advance, Designated Advance, Distribution or Designated Distribution is made in respect of any subsequent Fiscal Year.

  • The Advance Distribution shall be accounted for as an Production Cost under the terms of the Conveyances, except that it is applicable to all three states, such that it can be recouped out of what would otherwise be distributable net profits for any of the states.

  • The Trust will provide XTO with documentation of its current available cash on a monthly basis until such time as the Advance Distribution has been recouped.

  • Neither party will argue, suggest or otherwise seek to admit into evidence the existence of the Advance Distribution in connection with any future dispute concerning future such requests by the Trust.

  • Upon the Company’s exercise of its option to have this Section applied to any series of Securities, the Company shall be deemed to have been discharged from its obligations with respect to the Outstanding Securities of such series, and the provisions of Article 14 hereof shall cease to be effective, on and after the date the conditions precedent set forth below are satisfied (hereinafter, “defeasance”).