ARREARAGE BALANCE means, as to each Common Unit as of the end of a Quarter, the excess of the sum of the Minimum Quarterly Distribution for an Initial Common Unit for each prior Quarter over the sum of the amounts distributed pursuant to Sections 5.3(a) and 5.3(b) for such prior Quarter and all prior Quarters in respect of an Initial Common Unit; except that no increases shall be made after the Subordination Period and all Arrearage Balances shall in all events be zero if the General Partner is removed as general partner of the Partnership upon the requisite vote by Limited Partners under circumstances where Cause does not exist.
ARREARAGE BALANCE means any amount of money that a customer owes to the utility company for services provided, which remains unpaid past the due date specified on the bill.
ARREARAGE BALANCE means, as to each Common Unit as of the end of a
More Definitions of ARREARAGE BALANCE
ARREARAGE BALANCE means, as to each Common Unit as of the end of a Quarter, the excess of the sum of the Minimum Quarterly Distribution for a Common Unit for each prior Quarter over the sum of the amounts distributed to unitholders for such prior Quarter and all prior Quarters in respect of such an Initial Common Unit; except that all Arrearage Balances shall in all events be zero if the General Partner is removed as general partner of APLP upon the requisite vote by Limited Partners under circumstances where Cause does not exist.