Aggregate Distributions definition

Aggregate Distributions means the aggregate amount received on account of a share of Series A Preferred pursuant to dividends and distributions made pursuant to this Section 1 or pursuant to a Liquidation or Deemed Liquidation Event pursuant to Section 3 (each a “Distribution Event”); provided, that for the purpose hereof, the Special Redemption shall not constitute a Distribution Event.

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Aggregate Distributions means, for a particular calendar quarter, the sum (which may be a negative amount) of (a) (i) the aggregate amounts distributed by the Non-Registered Funds identified on Schedule 1.6(a)(ii) of the Seller Disclosure Schedule and Schedule 1.6(a)(iii) of the Seller Disclosure Schedule to the Company Group during such calendar quarter (other than, for the avoidance of doubt, any such distributions in respect of the Retained Capital Interests) representing a return of capital and/or any applicable profit thereon (whether in respect of capital commitments or loan commitments) minus (ii) the aggregate Tax Amount, if any, in respect of any such profit plus (b) (i) the Performance Fees set forth on Schedule 1.6(a)(i) of the Seller Disclosure Schedule received from or in respect of any Non-Registered Fund/Registered Fund/Separate Account Client identified on such schedule during such calendar quarter minus (ii) the aggregate Tax Amount, if any, in respect of such Performance Fees. For the avoidance of doubt, to the extent such sum results in a negative number, such amount shall be paid by Seller to Buyer.”

Aggregate Distributions means the aggregate amount of (x) cash distributions actually paid, and (y) the fair market value of any assets (other than cash), in each case, actually distributed by the Corporation to its stockholders solely in respect of their shares of capital stock of the Corporation during the period commencing on , 2006 through, the date of the consummation of a Liquidation Event or Qualified Public Offering, as the case may be. The Board shall in good faith calculate the fair market value of any such assets. Notwithstanding the foregoing, Aggregate Distributions shall not include (i) any accruing but unpaid dividends payable on any shares of capital stock of the Corporation or interest payable on any Exchange Note until such time as such dividends or interest are actually paid in cash, (ii) any Applicable Net Proceeds, (iii) Redemption Proceeds or (iv) any shares of capital stock issued in connection with a Qualified Public Offering, which remain outstanding immediately after the consummation thereof.

Examples of Aggregate Distributions in a sentence

• The amount by which the Annual Hurdle has been exceeded (the “Annual Hurdle Attainment”) for any Performance Period is the excess of (x) the sum of the EOY VWAP calculated above for such Performance Period, plus the Aggregate Distributions calculated above for such Performance Period, over (y) the Annual Hurdle for such Performance Period.

• If any non-cash distributions are made, however, the fair market value of any such non-cash distributions will be determined, and such value will be counted as a “cash distribution” for purposes of calculating the Applicable Measurement Period Appreciation, the D/D Appreciation, the Acceleration Event Appreciation, and, for the avoidance of doubt, Performance Period Distributions and Aggregate Distributions.

• If the sum of such EOY VWAP and Aggregate Distributions (or, for the calculation relating to the 2015 Performance Period, the Performance Period Distributions) is greater than the Annual Hurdle for such immediately preceding Performance Period, the Annual Hurdle is met.

• The liquidator shall then determine for each Member such Member’s share of the Cumulative Aggregate Distributions by applying the provisions of Section 4.2 (disregarding Section 4.2(b)) to such total (the “Member Cumulative Share”).

• Next, to the Members until the Aggregate Distributions made under Section 3.1(b)(i) and this Section 3.1(b)(ii) equal the Level Two Threshold Amount.

• Payment of the Covered Closing Costs shall be in addition to the Aggregate Distributions and shall not reduce the purchase price.

• First, to the Members who hold Class A Units or Class B Units until the Aggregate Distributions made under this Section 3.1(b)(i) equal the Level One Threshold Amount, to be apportioned among such Members on a Pro Rata basis.

• Next, to each Profits Member until the Aggregate allocations of Net Income (or items thereof) pursuant to this Section 4.1(b) equal the Aggregate Distributions received by such Profits Member pursuant to Sections 3.1(b) and 9.2(b) hereof, to be apportioned among them in proportion to such Distributions previously received by them that have not been previously covered by allocations of Net Income (or items thereof) pursuant to this Section 4.1(b).

• Next, subject to Section 3.1(b)(v) below, to the Members until the Aggregate Distributions made under Section 3.1(b)(i), Section 3.1(b)(ii) and this Section 3.1(b)(iii) equal the Level Three Threshold Amount.

• Income, gains, losses and deductions of the Company (and items thereof) are intended to be allocated under this Article IV in such a manner as would permit the Aggregate Distributions from the Company to be made to the Members in the order and priority set forth in Section 3.1(b).

More Definitions of Aggregate Distributions

Aggregate Distributions means, collectively, (i) the Balance Sheet Distributions, (ii) the Tax Distributions and (iii) the permitted distribution of cash in the amount of $1,904,000 which was distributed on or prior to April 30, 1998 by the Turecamo Entities to the Turecamo Stockholders.

Aggregate Distributions means the sum of all distributions received by each Member in the current and all prior Fiscal Years.

Aggregate Distributions means the aggregate amount of all Distributions received by the Members on or prior to the Closing Date.

Aggregate Distributions means as of any date the aggregate amount of distributions and other transfers made from the Collateral Account other than transfers made either to pay Debt Service or to purchase diamonds pursuant to the Supply Agreement.