Distribution Loan definition

Distribution Loan means a Loan which is made in whole or in part for the purpose of (i) paying a Quarterly Distribution, or (ii) reimbursing the purchase price of partnership units purchased under the MLP’s long-term incentive plan, or (iii) reimbursing the purchase or redemption price of equity interests in the Borrower or any Guarantor purchased or redeemed from their employees in accordance with Section 7.08(b)(iii).

Distribution Loan means a loan to the Partnership, the proceeds of which are intended for inclusion in Available Cash; provided, that if any proceeds of a loan are used for any purposes other than a distribution to the Class A Partners pursuant to Section 4.1(a), only the portion of such loan distributed to the Class A Partners shall be deemed to be a “Distribution Loan.”

Distribution Loan means a Committed Loan which is made in whole or in part for the purpose of paying a Quarterly Distribution or for the purpose of reimbursing the General Partner for the purchase price of partnership units purchased under the MLP's long-term incentive plan. Dollar or $ means lawful money of the United States of America. Domestic Person means any corporation, general partnership, limited partnership, or limited liability company that is organized under the laws of the United States of America or any state thereof or the District of Columbia. Eligible Accounts Receivable means Accounts Receivable, excluding any Account Receivable:

Examples of Distribution Loan 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.

• The Clean Down Period for a fiscal year may begin on any date that is after the first Distribution Loan is made in such fiscal year.

• MGI shall have caused MCM to obtain funds at least in the amount contemplated in this Agreement to finance the CERA Distribution Loan, on such terms as are satisfactory to MGI in its reasonable judgment.

• Signature of Applicant Date Signature of Applicant’s Spouse Date TCG Administrators DIRECT DEPOSIT AGREEMENT FORM TCG Administrators offers direct deposit for a faster way to receive the funds from your Distribution/ Loan request.

• MGI shall cause MCM to use its reasonable best efforts to enter into definitive financing agreements and to do all such acts and things reasonably necessary to consummate the financing transactions required to enable MCM to make the CERA Distribution Loan.

More Definitions of Distribution Loan

Distribution Loan means a Loan which is made for the purpose of paying a Quarterly Distribution.

Distribution Loan means a Loan which is made in whole or in part for the purpose of paying a Quarterly Distribution. “Dollar” and “$” mean lawful money of the United States.

Distribution Loan has the meaning given it in Subsection 2.1a.

Distribution Loan means a loan to the Partnership, the proceeds of which are distributed only with respect to the Class A Units (and, if applicable, the General Partner); provided, that if any proceeds of a loan are used for any purposes other than such a distribution, only the portion of such loan distributed with respect to the Class A Units (and, if applicable, the General Partner) shall be deemed to be a “Distribution Loan.”

Distribution Loan means a Loan used or intended to be used by the Borrower to fund cash distributions to its Holding Company, Teekay LNG Partners LP, a Xxxxxxxx Islands company, and its successors and assigns.

Distribution Loan means an Advance which is made in whole or in part for the purpose of paying a Quarterly Distribution.

Distribution Loan means a Loan which is made in whole or in part for the purpose of paying a Quarterly Distribution or for the purpose of reimbursing the MLP General Partner for the purchase price of partnership units purchased under the MLP Long-Term Incentive Plan (as defined in the Limited Partnership Agreement (MLP)).