Distributed Amounts definition

Distributed Amounts means, on any Settlement Date during the Amortisation Period, the sum of: - the amount of Adjusted Collections as determined as of such date; - the amount in the Purchaser’s Account as of the last Assessment Date, within the limit of the sums in the Purchaser’s Account on such Settlement Date; - the amount in each Purchaser’s Collection Account (net of any debit made on such Purchaser’s Collection Account, corresponding to errors, reverse entries, unpaid amounts and returns in relation to payments already made on the corresponding Collection Account) as of the last Assessment Date, within the limit of the sums in each Purchaser’s Collection Account on such Settlement Date; - the amount of the Refinanced Received Net Amount, as calculated for such Settlement Date, in accordance with the provisions of the Italian Subscription Agreement; and - any investment proceeds of the Actual Collections received by the Purchaser in accordance with Article 23.2 and not yet allocated in accordance with Article 16.

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Distributed Amounts means all dividends (whether paid in cash or in kind), warrants, options, rights or any other securities or property paid, issued or distributed in respect of Shares held under the Plan;

Distributed Amounts means, on any Settlement Date during the Amortisation Period, the sum of: - the amount of Adjusted Collections as determined as of such date; - the amount in the Purchaser's Account as of the last Assessment Date, within the limit of the sums in the Purchaser's Account on such Settlement; and - the amount in each Purchaser's Collection Account (net of any debit made on such Purchaser's Collection Account, corresponding to errors, reverse entries, unpaid amounts and returns in relation to payments already made on the corresponding Collection Account) as of the last Assessment Date, within the limit of the sums in each Purchaser's Collection Account on such Settlement Date.

Examples of Distributed Amounts in a sentence

• Such repayment shall be effected by means of the Distributed Amounts received by the Purchaser under the Sold Receivables and the Refinanced Sold Receivables until the Program Expiry Date and in accordance with the order of priority of payments as described in article 16 of the General Master Purchase Agreement.

• Such repayment shall be effected by means of the Distributed Amounts received by the Purchaser under the Sold Receivables and the Refinanced Sold Receivables until the Program Expiry Date and in accordance with the order of priority of payments as described in article 16 (Order of Priority during the Amortisation Period) of the General Master Purchase Agreement.

• In the event that, on the Program Expiry Date, the Distributed Amounts do not permit the repayment in full of any outstanding amount remaining unpaid under the Senior Deposit and under the Complementary Deposit, then, the Purchaser shall be irrevocably released from any repayment obligations hereunder.

• In the event Licensor terminates this Agreement, Licensor shall pay all Distributed Amounts that accrued through the termination date.

• Such Distributed Amounts to be paid directly to the account given to Licensor by Licensee.

• The security interest granted pursuant to this Section 2 shall automatically terminate upon all Distributed Amounts being received by BPI or BPI having no further rights to receive any amount under this Memorandum of Understanding, and as soon as practicable after such date, BPI and its successors and assigns agrees to undertake such additional action and execute such other documents as may be necessary, in the reasonable opinion of Chemtrusion, to release or terminate the security interest granted above.

• Licensee acknowledges that payment of Distributed Amounts will only occur for Reports sold by Licensor via ▇▇▇▇▇▇▇▇.▇▇▇.

• The payment of all accrued Distributed Amounts shall in no way be considered a waiver of any cause of action Licensor may have regarding Licensee’s breach of this Agreement.

• Except as disclosed in Schedule 4.15(d), the Company is in compliance in all material respects with and has not breached any material term of the contracts, licenses and agreements listed on Schedule 4.15(c) and, to the Knowledge of Seller and Olicom, all other parties to the contracts, licenses and agreements listed on Schedule 4.15(c) are in compliance with and have not breached any term of the contracts, licenses and agreements.

More Definitions of Distributed Amounts

Distributed Amounts means, on any Settlement Date during the Amortisation Period, the sum of: • the amount of Adjusted Collections as determined as of such date; • the amount in the Purchaser’s Account as of the last Assessment Date, within the limit of the sums in the Purchaser’s Account on such Settlement Date; • the amount in each Purchaser’s Collection Account (net of any debit made on such Purchaser’s Collection Account, corresponding to errors, reverse entries, unpaid amounts and returns in relation to payments already made on the corresponding Collection Account) as of the last Assessment Date, within the limit of the sums in each Purchaser’s Collection Account on such Settlement Date; • the amount of the Refinanced Received Net Amount, as calculated for such Settlement Date, in accordance with the provisions of the Refinanced Receivables Purchase Agreement; and • any investment proceeds of the Actual Collections received by the Purchaser in accordance with Article 23.2 and not yet allocated in accordance with Article 16.

Distributed Amounts means, on any Settlement Date during the Amortisation Period, the sum of:

Distributed Amounts means in respect of any Collateral Obligation all moneys received or receivable in respect thereof, all dividends and distributions paid or payable thereon, all property paid, distributed, accruing or offered at any time on, to or in respect of or in substitution therefor save for the proceeds of repayment and redemption thereof.

Distributed Amounts has the meaning given to that term in Clause 6.2.5 (Payments prior to enforcement). "Export Proceeds" means all proceeds paid or payable under the Sales Contract. "Exclusive First Security Agreement" means the security agreement listed in Schedule 2 (Security Agreements) as the exclusive first security agreement. "Exclusive Second Security Agreement" means the security agreement listed in Schedule 2 (Security Agreements) as the exclusive second security agreement. "FCPA" has the meaning given to that term in Clause 9.1.1 (Anti-corruption law, anti-bribery law representation). "Financial Quarter" means the period commencing on the day after one Quarter Date and ending on the next Quarter Date. "First Creditor" means Zenith Bank or its successor who shall accede to this Deed as a First Creditor. "First Debt" means all Liabilities payable or owing by the Company to a First Creditor secured under the First Security Agreements. "First Security" means any Security Interest described in the First Security Agreements, to the extent it relates to the Export Proceeds. "First Security Agreements" means the security agreements listed in Schedule 2 (Security Agreements) as the first security agreements. "Holding Company" means, in relation to a person, any other person in respect of which it is a Subsidiary. "Liability" means any present or future liability (actual or contingent) whether or not matured or liquidated, together with:

Distributed Amounts has the meaning given to that term in Clause 6.2.5 (Payments prior to enforcement).

Distributed Amounts is defined in Section 6.2(k).