Examples of Distribution Threshold in a sentence
The Distribution Threshold of the Units as of the Grant Date is $839,148,175 and may be adjusted as provided in the Partnership Agreement or pursuant to Section 1(h) hereof.
This means you will receive payments for as long as you live.However, regardless of your marital status, if your vested account balance does not exceed the Automatic Distribution Threshold, if any, then, depending on the terms of your investment arrangement, your vested account balance might be distributed to you in a single lump-sum payment and you might not receive the qualified annuity.• Waiver of annuity.
If an adjustment is required to be made under this Section 9.05 as a result of a cash dividend in any quarterly period that exceeds the Distribution Threshold Amount, the adjustment shall be based upon the amount by which the distribution exceeds the Distribution Threshold Amount.
In connection with any adjustment to the Conversion Rate described above, the Company will also adjust the Distribution Threshold based on the number of shares of stock (or equity securities) comprising the Reference Property and (if applicable) the value of any non-equity consideration comprising the Reference Property.
Notwithstanding anything to the contrary contained herein, at such time as the aggregate Distributions made to Comerica pursuant to this Section 4.01 are equal to the Maximum Class 1 Distribution Threshold, Comerica shall release its Lien on the Consolidated Cash and not be entitled to any further Distributions under this Plan, except for twenty-five percent (25%) of the Wink Sale Reserve Fund upon release, if any.