Distribution Proceeds definition

Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets or the proceeds from a winding up, redemption, buy-back or liquidation of less than all of the Shares provided that, for the avoidance of doubt any amount realised from liquidation of the Charged Assets pursuant to an optional redemption shall not form part of the Distribution Proceeds;

Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets;

Distribution Proceeds means an amount determined by the Calculation Agent being: (a) the proceeds of a dividend, distribution, interest payment or other amount in respect of the Charged Assets; less (b) any costs, expenses, taxes and duties incurred in connection with the receipt of such revenue.

Examples of Distribution Proceeds in a sentence

• Nothing in this Section 2.03(a)(B) shall in any respect limit LBIE’s ability to liquidate, hold, manage and deal with the property from time to time comprising the Underlying Customer Distribution Proceeds, provided always that the Proceeds of any such liquidation, holding, management or dealing shall themselves form part of the Underlying Customer Distribution Proceeds (other than any UCDP Expenses) and shall be subject to the covenants on the part of LBIE contained in this Section 2.03(a)(B).

• In the event Western Farm Service exercises its right to purchase the Property, County shall remit the Distribution Proceeds, if any, from that sale to the Auditor-Controller for distribution through the Auditor-Controller to the Taxing Entities under section 6 of this Agreement.

• The Trustee/Investment Manager may require each Contributor to return the Distribution Proceeds, net of any tax withheld/ paid by such Contributor thereon, made to such Contributor in order to satisfy such Contributor’s pro-rata share of the liabilities of the Fund incurred in respect of (i) any non-tax obligations of the Fund including crystalized indemnification obligations arising from a sale of an investment in a Portfolio Entity and/or (ii) pursuant to a tax liability/ claim on the Fund.

• Should the Lease expire or terminate without Western Farm Service exercising its option to purchase the Property, the County agrees that it shall, in connection with the subsequent conveyance of the Property, remit the Distribution Proceeds, if any, to the Auditor Controller for the distribution of the Distribution Proceeds through the Auditor-Controller to the Taxing Entities under section 6 of this Agreement.

• The Investment Manager shall require the Contributors to return distributions pursuant to this Clause 2.16.3 pro rata based on the relative amount of Distribution Proceeds (excluding Additional Return) distributed to such Contributor from such Portfolio Investment pursuant to Clause 10 (if the liability pertains to a Portfolio Investment) or pro rata based on their relative Capital Commitments (if the liability does not pertain to a particular Portfolio Investment).

More Definitions of Distribution Proceeds

Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets, provided that, for the avoidance of doubt, any amount realised from a liquidation of the Charged Assets to fund the payment of fees or expenses of the Issuer or pursuant to a redemption or purchase of the Notes shall not form part of the Distribution Proceeds;

Distribution Proceeds means, (i) if substantive consolidation is granted, all Cash of the Debtors available on the Effective Date, after funding the Professional Fee Escrow Account, and thereafter all Cash of the Liquidating Trust from all sources, including the revenues and proceeds of all assets of the Debtors’ Estates or the Liquidating Trust, including, but not limited to, Causes of Action, as the case may be; or (ii) if substantive consolidation is not granted, for each Debtor, all cash of such Debtor available on the Effective Date, after funding such Debtor’s pro rata share of the Professional Fee Escrow Account, and thereafter all Cash of the Liquidating Trust from all sources attributable to such Debtor, including the revenues and proceeds of all assets of such Debtor’s Estate, including, but not limited to, Causes of Action, as the case may be.

Distribution Proceeds means all Cash of the Debtor available on the Effective Date, after funding the Professional Fee Escrow Account and the Post-Confirmation Estate Reserve, and thereafter all Cash of the Post-Confirmation Estate from all sources, including the revenues and proceeds of all assets of the Debtor’s Estate or the Post-Confirmation Estate, including, but not limited to, Causes of Action, as the case may be.

Distribution Proceeds means the net amount remaining after deduction of any relevant tax on the Shares corresponding to the Units that are payable to a Unitholder by way of income earnings on his or her holding of Units under the ESOS;

Distribution Proceeds means all Cash of the Debtors available on the Effective Date, after funding the Professional Fee Escrow Account, and thereafter all Cash of the Debtors from all sources including without limitation the Settlement Amount, the revenues and proceeds of all assets of the Debtors and proceeds from all Causes of Action, available for use and distribution in accordance with the priorities set forth under Article

Distribution Proceeds means all Cash of the Debtors available on the Effective Date after the funding of the Priority Claims Reserve, the Other Secured Claims Reserve, the Professional Fee Escrow Account, and the Wind-Down Reserve, available for distribution under Article VIII.G hereof.

Distribution Proceeds means all Cash remaining in the Distribution Reserve after payment in full or satisfaction of the (i) First Tier Claims, and (ii) the payment of, and reserving for, expenses of the Wind-Down Administrator.