Capital Distributions definition

Capital Distributions means, at any time of determination, the cumulative amounts of any distributions made pursuant to Section 9.1(B)(3) with respect to a Class A Unit from the Capital Transaction Account on or prior to such time. Any Class A Units issued pursuant to Section 7.11(C) or 7.12 shall be deemed to have received all Capital Distributions made with respect to the Class A Units issued in the Initial Offering.

Capital Distributions means distributions made by OCGH in respect of the return of capital.

Capital Distributions has the meaning set forth in Section 5.12(b)(ii)(B)(5).

Examples of Capital Distributions in a sentence

• Subject to the provisions of the LP Act and of such similar legislation in Canada and elsewhere as is applicable to the Partnership, the liability of the Limited Partner for the debts, liabilities and obligations of the Partnership will be limited to its Capital Contribution Balance and solely to the extent required by applicable law, the amount of any Capital Distributions received by it.

• The Trustee shall not be entitled to redeem the Certificates, and the Trustee shall not be entitled to dissolve the Trust otherwise than as provided in this Condition 10 (Capital Distributions of the Trust), Condition 13 (Purchase and Cancellation of Certificates) and Condition 14 (Dissolution Events).

• Upon payment in full of all amounts due and payable in respect of the Certificates of any Series and the dissolution of the Trust as provided for in this Condition 10 (Capital Distributions of the Trust) or Condition 14 (Dissolution Events) (as applicable), such Certificates shall cease to represent interests in the relevant Trust Assets and no further amounts shall be payable in respect thereof and the Trustee shall have no further obligations in respect thereof.

• Borrowers’ use of the proceeds of the Loans shall be for working capital and other general corporate purposes of the Companies (including for capital expenditures and Acquisitions and Capital Distributions permitted hereunder), for the refinancing of existing Indebtedness (including the Existing Credit Agreement) and to pay fees, commissions and expenses in connection with this Agreement and the transactions contemplated hereunder.

• No further amounts will be payable on any Certificate from and including the Dissolution Date on which such Certificate has been redeemed in accordance with Condition 12 (Capital Distributions of the Trust) and Condition 15 (Dissolution Event).

More Definitions of Capital Distributions

Capital Distributions means the amount of Available Cash or property (valued at Fair Market Value) distributed to the Partners pursuant to Section 7.4.1(a);

Capital Distributions means a payment made, liability incurred or other consideration given as a dividend, return of capital or other distribution in respect of the Borrower’s capital stock or other equity interest, excluding dividends or distributions made solely in the form of capital stock of the Borrower.

Capital Distributions. Consolidated Capital Expenditures", "Consolidated Capital Expenditure Excess Amount", "Consolidated Intangible Assets", "Consolidated Net Operating Cash Flow", "Consolidated Tangible Net Worth", "MetLife Agreement" and "Store Construction Agreements".

Capital Distributions means distributions attributable to Net Capital Proceeds.

Capital Distributions means any capital distributions made or dividends paid to the ordinary shareholders of the Target after the date of this document and on or before the Completion Date.

Capital Distributions means (i) any and all Common Units or Common Stock or any other securities or property received by Pledgor as a result of any exchanges, splits, reverse splits, combinations, mergers, consolidations, reclassifications, warrants, options, and noncash dividends or distributions in respect of any Pledged Interests and (ii) Distributions received in respect of any Pledged Interests in any liquidation, redemption or other similar transaction to the extent such Distributions constitute a return of capital.

Capital Distributions means an amount distributed to a Partner pursuant to Section 5.1(b)(iii).