Capital Distribution Amount definition

Capital Distribution Amount means an amount of €191,806,537.10 plus $105,380,150.53. “Cash Consideration” means an amount of €455,000,000.
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Capital Distribution Amount means 75% of the cumulative Net Profit for the period (taken as one accounting period) from the beginning of the fiscal quarter in which the Issue Date occurs to the last day of the most recent fiscal quarter for which financial statements are available, less the aggregate amount of Permitted Payments made, over the period beginning on the Issue Date and ending immediately before such payment, under clauses (b), (c), (e) and (f) of the definition of Permitted Payments, other than those payments under clause (e) that are funded entirely from the net cash proceeds of the issuance and sale by the Company of Common Stock of the Company and/or another series of Preferred Stock of the Company that is comparable to the Preferred Stock of the Company being retired, repurchased or redeemed.
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Capital Distribution Amount means an amount equal to (a) the sum of (i) the cash proceeds available for release to Zegna or any of its Affiliates (including, for the avoidance of doubt, IIAC) from the Trust Account in connection with the Transactions (which amount, for the avoidance of doubt and without duplication, shall be calculated after giving effect to any share redemptions by IIAC Shareholders) and (ii) the proceeds from the Forward Purchase, minus (b) (i) the transaction expenses as set out in the Business Combination Agreement and (ii) any additional amounts to be retained by IIAC as may be agreed in writing by Zegna and IIAC; provided, that IIAC may retain such amounts as may be required as a matter of Cayman Islands law.
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Examples of Capital Distribution Amount in a sentence

  • The way the Board determines the Capital Distribution Amount may be changed at any time and the Capital Distribution Amount can be removed, reduced or increased at any time, with immediate effect and without prior notice to policyholders.

  • Payouts on these policies will also take account of the level of Capital Distribution Amount applicable at the time of exit.

  • Changes to Policy Values plus any Capital Distribution Amount and their equivalents, are often the same for all policies within a particular class, but it is possible that they will vary between different groups and generations of policyholders.

  • The Capital Distribution Amount and the way it is applied represent the Board’s view of the prudent share of solvency capital to be earmarked for policyholders.

  • The Return of Capital Distribution Amount will be paid by Longview immediately following the Closing.

  • When RSP policies are terminated on contractual terms, the greater of the Policy Value plus Capital Distribution Amount, and the guaranteed benefits, is paid.

  • The amount of the Reverse Stock Split will be determined by Longview and shall cause the outstanding number of shares of Longview Class A Common Stock to be the same number of shares of Longview Class A Common Stock that would be outstanding at such time, had the original initial public offering of Longview (after the exercise of any over-allotment option) been for an amount of shares equal to (i) 69,000,000 minus (ii) (x) the Return of Capital Distribution Amount, divided by (y) $10.00.

  • The level of the Capital Distribution Amount is reviewed and determined at least annually.

  • The Society considers smoothing in the context of its reviews of Policy Values plus any Capital Distribution Amount, rather than comparing the payout value of one policy with an equivalent one taken out a year earlier.

  • When determining Policy Values and any Capital Distribution Amount, the Board considers all aspects of the Society’s financial position.


More Definitions of Capital Distribution Amount

Capital Distribution Amount means, with respect to any Settlement Date, an amount equal to the Capital Coverage Deficit.
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Capital Distribution Amount means 75% of the cumulative Net Profit for the period (taken as one accounting period) from the beginning of the fiscal quarter in which the Issue Date occurs to the last day of the most recent fiscal quarter for which financial statements are available, less the aggregate amount of Permitted Payments
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Capital Distribution Amount means an amount equal to (a) the sum of (i) the cash proceeds available for release to the Company or any of its Affiliates (including, for the avoidance of doubt, IIAC) from the Trust Account in connection with the Transactions (which amount, for the avoidance of doubt and without duplication, shall be calculated after giving effect to the IIAC Shareholder Redemption) and (ii) the proceeds from the Forward Purchase, minus (b) (i) the Transaction Expenses and (ii) any additional amounts to be retained by IIAC as may be agreed in writing by the Company and IIAC each acting in its sole discretion; provided, that IIAC may retain such amounts as may be required as a matter of Cayman Islands law.
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Related to Capital Distribution Amount

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.