Distribution Increase definition

Distribution Increase has the meaning set forth in Section 5.4(a)(iii) of this Agreement.
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Distribution Increase means an increase of the regular quarterly cash distribution with respect to the Parent Common Units to $0.655 per Parent Common Unit per quarter for the first fiscal quarter ending following the Closing. For the avoidance of doubt, if the Effective Time occurs after the declaration of a regular quarterly cash distribution with respect to the Parent Common Units but prior to the payment date of such distribution, then the Distribution Increase will not be in effect for such distribution and instead shall apply in connection with the following quarterly distribution.
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Distribution Increase. Any of the following events shall have occurred, unless in the case of clauses (iii) through (xii) only the occurrence of such event is waived in writing by the Controlling Party:
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Examples of Distribution Increase in a sentence

  • The Project Information section contains the following fields: Original Owner Equity, Annual Distribution Earned, Mark-Up-To-Market Distribution Increase (if applicable), Total Allowable Annual Distribution, Loan Funded by Bonds, Risk Sharing (%), Eligible for Pre-Pay, Small Project Processing, and Project Located in an Underserved Area at a Time of Initial Endorsement or Refinance.

  • Distribution Increase, for the period September 1, 2014 to June 30, 2016, in the increased amount of $4,986.00 to a total of $993,397.00 (from $988,411.00).

  • In August 2000, Decree 30/2000/NĐ-CP abolished 27 additional licenses and moved 34 licenses to business conditions.

  • To the extent Available Cash for the Distribution Year is greater than the total amount of Restricted Payments and Investments made pursuant to clause (5) of Section 4.06(b) and clause (7) of the definition of “Permitted Investments”, respectively, with respect to the four quarterly fiscal periods in such Distribution Year (the “Distribution Increase”), the Distribution Increase shall be added to Available Cash for the second quarterly period in the fiscal year following the Distribution Year.

  • GasLog Seattle To GasLog Partners Date November 1, 2016 Price $189 million, including $1 million of positive net working capital Size / Propulsion 155,000 cbm / tri-fuel diesel electric (“TFDE”) Time Charter Period December 2020 with Shell; Shell has two consecutive 5-year extension options Estimated NTM EBITDA(1) $20 million Multiple 9.4x Estimated NTM EBITDA(2) Distribution Increase Per Unit Approximately 5% annualized Dropdown Pipeline 13 Vessels (includes Centrica charter awarded during Q416) 1.

  • Present Distribution Bill $44.28 Present Total Bill $98.15 Proposed Distribution Bill $52.94 Proposed Total Bill $106.80 Proposed Percentage Distribution Increase 19.55% Proposed Percentage Total Increase 8.82% Settled Distribution Bill $48.64 Settled Total Bill $102.51 Settled Percentage Distribution Increase 9.85% Settled Percentage Total Increase 4.44% Partial Settlement at 3, Appendix C at 1.

  • As shown in the first column (Distribution Increase) in the table below, the Joint Petitioners indicated that an RS customer who presently pays $44.28 in monthly distribution charges will pay $48.64 (9.85% increase over present rates) under the Settlement compared to $52.94 (19.55% increase over present rates) as originally proposed by the Company.

  • Discussions also facilitated the identification of im- plementation issues arising out of the Railway Safety Directive and potential solutions, and the investigation of the relationship and dependencies between Interoperability and Safety Directives.

  • EXHIBIT 99.1 Enterprise Completes Acquisition of Acadian Gas LLC; Anticipates Distribution Increase in Second Quarter HOUSTON--(BUSINESS WIRE)--April 2, 2001--Enterprise Products Partners L.P. (NYSE:EPD) today announced that its operating partnership has completed its acquisition of Acadian Gas LLC from Shell US Gas and Power LLC, an affiliate of Shell Oil Company.

  • Distribution Increase On February 8, 2022, the Trust announced a 4.2% increase in quarterly distributions from $0.059 per Trust Unit to $0.0615 per Trust Unit commencing with the Q2/2022 distributions.