Distributable Securities definition

Distributable Securities has the meaning stated in the SBIC Act.
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Distributable Securities has the meaning set forth in Clause 12.3(h).
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Distributable Securities means the assets of Target set forth on §1(a) of the Disclosure Schedule. ‘‘Employee Benefit Plan’’ means any ‘‘employee benefit plan’’ (as such term is defined in ERISA §3(3)) and any other employee benefit plan, program or arrangement of any kind. ‘‘Employee Pension Benefit Plan’’ has the meaning set forth in ERISA §3(2). ‘‘Employee Welfare Benefit Plan’’ has the meaning set forth in ERISA §3(1). ‘‘Environmental, Health, and Safety Requirements’’ means, whenever in effect, all federal, state, local, and non-U.S. statutes, regulations, ordinances, and other provisions having the force or effect of law, all judicial and administrative orders and determinations, all contractual obligations, and all common law concerning public health and safety, worker health and safety, pollution, or protection of the environment, including, without limitation, all those relating to the presence, use, production, generation, handling, transportation, treatment, storage, disposal, distribution, labeling, testing, processing, discharge, release, threatened release, control, exposure to, or cleanup of any hazardous materials, substances, wastes, chemical substances, mixtures, pesticides, pollutants, contaminants, toxic chemicals, petroleum products or byproducts, asbestos, polychlorinated biphenyls, noise, odor, mold, or radiation. ‘‘ERISA’’ means the Employee Retirement Income Security Act of 1974, as amended. ‘‘ERISA Affiliate’’ means each entity that is treated as a single employer with Target for purposes of Code §414. ‘‘Escrow Agent’’ has the meaning set forth in §2(b) below. ‘‘Escrow Agreement’’ means the escrow agreement entered into concurrently herewith and attached hereto as Exhibit E. ‘‘Financial Statements’’ has the meaning set forth in §4(g) below.
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Examples of Distributable Securities in a sentence

  • Each Person entitled to receive Distributable Securities shall receive the total number of whole shares of stock, Series A Warrants, or Rights, as the case may be, to which such Person is entitled.

  • No fractional shares of New NTL Common Stock, Euroco Common Stock, or Euroco Preferred Stock, and no fractional Series A Warrants or Rights (collectively, the "Distributable Securities"), shall be issued or distributed under this Plan or by New NTL, Euroco, or any Disbursing Agent, Indenture Trustee, agent, or servicer.

  • Each Person entitled to receive Distributable Securities will receive the total number of whole shares of stock, Series A Warrants, or Rights, as the case may be, to which such Person is entitled.

  • The General Partner may, but shall not be required to, rely on the valuation of Distributable Securities as determined by the Funds.

  • Distributable Cash, Distributable Securities, net proceeds upon liquidation and any other distributions shall be distributed among the Partners based upon the actual ownership of interests in the Partnership on the date of distribution.

  • Busby, Ph.D. (University of Pennsylvania), ProfessorFunctional analysis, C*-algebras and group representations, generalized harmonic analysis and wavelets, integration of computer science and software into undergraduate mathematics.

  • Target agrees to distribute the Distributable Securities to Seller at the Closing in the manner set forth in the Escrow Agreement.

  • Distributable Securities and all other assets of the Partnership other than Distributable Cash which are distributed to the Partners shall be distributed based upon their respective fair market values, which shall be determined by the General Partner in its reasonable discretion.

  • For this purpose, the value of all Distributable Securities distributed to the Partners shall equal their respective values on the dates of distribution of such Distributable Securities, determined in the manner specified in Section 3.04.

  • The Shareholders shall hold and transfer the Distributable Securities in accordance with the terms of the Sapphire India Shareholders’ Agreement and this Agreement.


More Definitions of Distributable Securities

Distributable Securities means Securities that are distributed to the Partners as provided in Section 7.4 and Section 7.5.
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Distributable Securities means the debt, equity or other securities, if any, which have been distributed to the Partnership by the Funds.
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Related to Distributable Securities

  • Available Securities means the securities of the Funds that are available for Loans pursuant to Section 3.

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefor;

  • Marketable Securities means securities meeting all of the following requirements: (i) the issuer thereof is then subject to the reporting requirements of Section 13 or Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and is then current in its filing of all required reports and other information under the Act and the Exchange Act; (ii) the class and series of shares or other security of the issuer that would be received by Holder in connection with the Acquisition were Holder to exercise this Warrant on or prior to the closing thereof is then traded in Trading Market, and (iii) following the closing of such Acquisition, Holder would not be restricted from publicly re-selling all of the issuer’s shares and/or other securities that would be received by Holder in such Acquisition were Holder to exercise or convert this Warrant in full on or prior to the closing of such Acquisition, except to the extent that any such restriction (x) arises solely under federal or state securities laws, rules or regulations, and (y) does not extend beyond six (6) months from the closing of such Acquisition.

  • Eligible Securities means those securities which are identified as permissible securities for a particular Transaction Category.

  • Ineligible Securities means securities which may not be underwritten or dealt in by member banks of the Federal Reserve System under Section 16 of the Banking Act of 1933 (12 U.S.C. Section 24, Seventh), as amended.

  • Distributable surplus means the Gains that has been realised on a marked to market basis and is carried forward to the balance sheet at market value, arising out of appreciation on investments which is readily available for distribution to the unit holders as Income.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Additional Registrable Securities means, (i) any Cutback Shares not previously included on a Registration Statement and (ii) any capital stock of the Company issued or issuable with respect to the Common Shares, the Warrants, the Warrant Shares, or the Cutback Shares, as applicable, as a result of any stock split, stock dividend, recapitalization, exchange or similar event or otherwise without regard to any limitations on exercise of the warrants.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Parity Securities has the meaning specified therefor in Section 2.02(b) of this Agreement.

  • Series A Parity Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests or distributions upon liquidation of the Partnership, ranks pari passu with the Series A Preferred Units.

  • Distributable Cash means, as of any relevant date on which a determination is being made by the Manager regarding a potential distribution pursuant to Section 4.01(a), the amount of cash that could be distributed by the Company for such purposes in accordance with the Credit Agreements (and without otherwise violating any applicable provisions of any of the Credit Agreements).

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

  • Qualified Securities means securities of a reporting issuer that carry the right to participate in voting on the appointment or removal of the reporting issuer’s auditor;

  • Included Registrable Securities has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • 10% in liquidation amount of the Securities means Holders of outstanding Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Subordinated Principal Distribution Amount As to any Distribution Date and Loan Group, the sum of the following with respect to each Loan Group: (i) the Subordinated Percentage of the applicable Non-PO Percentage of all amounts described in subclauses (a) through (d) of clause (i) of the definition of Non-PO Formula Principal Amount with respect to such Loan Group and such Distribution Date, (ii) with respect to any Mortgage Loan in the related Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received with respect thereto remaining after application thereof pursuant to clause (ii) of the definition of Senior Principal Distribution Amount for that Loan Group, up to the Subordinated Percentage of the applicable Non-PO Percentage of the Stated Principal Balance of such Mortgage Loan, and (iii) the Subordinated Prepayment Percentage of the applicable Non-PO Percentage of the amounts described in subclause (f) of clause (i) of the definition of Non-PO Formula Principal Amount with respect to that Loan Group for such Distribution Date, reduced by the amount of any payments in respect of Class PO Deferred Amounts for such Distribution Date; provided, however, that on any Distribution Date after a Senior Termination Date, the Subordinated Principal Distribution Amount will not be calculated by Loan Group but will equal the amount calculated pursuant to the formula set forth above based on the applicable Subordinated Percentage and Subordinated Prepayment Percentage for the Subordinated Certificates for such Distribution Date with respect to all of the Mortgage Loans as opposed to the Mortgage Loans only in the related Loan Group.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Distributable Income means, for any period, the net income of Centurion Apartment REIT, including income earned from its proportionate interest under the Rollover Agreement and its applicable consolidated Subsidiaries for such period set out in its consolidated financial statements as determined in accordance with GAAP, subject to certain adjustments, including: (a) adding back the following items: depreciation, amortization (except for amortization of deferred financing costs, future income tax expense, losses on dispositions of assets and amortization of any net discount on long-term debt assumed from vendors of properties at rates of interest less than fair value); and (b) deducting the following items: future income tax credits, interest on convertible debentures to the extent not already deducted in computing net income, gains on dispositions of assets and amortization of any net premium on long- term debt assumed from vendors of properties at rates of interest greater than fair value and any other adjustments determined by the Trustees in their discretion.

  • Series A Liquidation Value means the sum of the Series A Liquidation Preference and declared and unpaid distributions, if any, to, but excluding, the date of the Dissolution Event on the Series A Preferred Mirror Units.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • transferable securities means those classes of securities which are negotiable on the capital market, with the exception of instruments of payment, such as:

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.