Equity Distributions definition

Equity Distributions means, for any period, the aggregate amount of cash received by the Borrower from its Subsidiaries during such period that are paid out of proceeds from the sale of common equity of Subsidiaries of the Borrower.
Equity Distributions as of any date means the following: (i) all dividends, distributions, forgiveness of debt, transfer of value or similar transactions with respect to the Stock, and (ii) with respect to each transaction between the Company on the one hand and the Seller, its Affiliates, or advisors on the other hand, the amount (measured on a transaction by transaction basis, which amount shall never be deemed to be less than zero) by which the cash value of the goods or services received by the Company was less than the greater of (x) the amount which the Company would have had to pay in a comparable transaction with an unaffiliated third party entered into on an arm's length basis, or (y) the cash value of the goods and services paid by the Company in the transactions.
Equity Distributions means any dividends or other distributions paid by the Underlying Equity Security Issuers on the Underlying Equity Securities notionally included in the Portfolio that are not Extraordinary Distributions. Other than the Partial Principal Repayments, no other payment on the Debt Securities will be payable by the Bank during the term of the Debt Securities. Extraordinary Distributions:Extraordinary Distributions paid during the immediately preceding calendar quarter will be notionally reinvested in the Portfolio on a Business Day to be determined by the Calculation Agent in accordance with the allocation of the Portfolio on the date of reinvestment. With respect to Extraordinary Distributions, the Calculation Agent will have discretion in determining the timing of such notional reinvestment and whether non-cash Extraordinary Distributions will be notionally added to the Portfolio in accordance with the restrictions placed on the Portfolio by the Model or converted to their notional cash value and notionally reinvested in the Portfolio in accordance with the allocation of the Portfolio on the date of reinvestment. Underlying Equity Securities and Bonds (as applicable) to be notionally purchased as a result of Extraordinary Distributions will be purchased on a pro rata basis, based on their then current weighting in the Portfolio, unless the Portfolio consists entirely of a Fixed Income Investment at such time, in which case a Bond will be notionally purchased in the manner described under "Fixed Income Investments". Any Underlying Equity Securities will be notionally purchased at a price to be determined by the Calculation Agent, acting in good faith. Any Bonds will be notionally purchased as described under "Fixed Income Investments" above.

Examples of Equity Distributions in a sentence

  • Return on Equity: Distributions to owners are limited to a specified percent of owner's equity, the amount of equity being determined by PHFA at the final loan closing based on the Agency approved cost certification.

  • Section 6.7 of the Credit Agreement is deleted in its entirety and amended to read as follows: 6.7 Equity Distributions.

  • Dividends and Other Equity Distributions As announced by the Company to the ASX on 30 November 2012, the Company’s finance facilities do not allow the payment of dividends or hybrid distributions until the repayment of all syndicated debt.

  • The request for approval must be submitted as specified in the Division contract.AHCCCS may request additional information or periodic reconciliations related to these Advances.Routine or Scheduled Advances, Equity Distributions, Loans, Loan Guarantees to AffiliatesThe Division must submit a written request for approval to AHCCCS for any Advances, equity distributions, loans, loan guarantees or investments in /to related parties or Affiliates.

  • This Amendment No. 1 on Form 6-K/A (this “Amendment”) amends the Current Report on Form 6-K of Sphere 3D Corp.


More Definitions of Equity Distributions

Equity Distributions means, for any period, the aggregate amount of cash received by the Company from its Subsidiaries during such period that are paid out of proceeds from the sale of common equity of Subsidiaries of the Company.
Equity Distributions means an amount calculated as follows:
Equity Distributions means, for any period, the aggregate amount of cash received by CMS Energy from its Subsidiaries during such period that are paid out of proceeds from the sale of common equity of Subsidiaries of CMS Energy.
Equity Distributions means any dividends or other distributions paid by the Underlying Security Issuers on the Underlying Securities notionally included in the Portfolios, including any Extraordinary Distributions that are not Reinvested Extraordinary Distributions. Other than the Partial Principal Repayments and any Pre-Maturity Interest, no other payment on the Debt Securities will be payable by the Bank during the term of the Debt Securities. Partial Principal Repayments and Pre-Maturity Interest will only be calculated to the extent Underlying Securities are notionally included in the Portfolios. Extraordinary Distributions: Any Extraordinary Distributions, other than Reinvested ExtraordinaryDistributions, paid during the immediately preceding calendar quarter will be paid out as a Partial Principal Repayment or Pre-Maturity Interest, as described under “Partial Principal Repayments” above. Reinvested Extraordinary Distributions paid during the immediately preceding calendar quarter will be notionally reinvested in the Underlying Securities or Deposit comprising the Portfolio from which the Reinvested Extraordinary Distribution was paid, except as provided below. With respect to Extraordinary Distributions, the Calculation Agent will have discretion in determining the timing of such repayment and/or notional reinvestment and whether non-cash Reinvested Extraordinary Distributions will be notionally added to the applicable Portfolio or converted to their notional cash value and notionally reinvested in the Underlying Securities or the Deposit comprising the Portfolio from which the Reinvested Extraordinary Distribution was paid. Underlying Securities to be notionally purchased as a result of Reinvested Extraordinary Distributions will be purchased on a pro rata basis, based on their then current weighting in the applicable Portfolio, and at a price to be determined by the Calculation Agent, acting in good faith.
Equity Distributions means any dividends or other distributions paid by the Underlying Security Issuers on the Underlying Securities notionally included in the Portfolio.
Equity Distributions as of any date means all dividends, distributions, forgiveness of debt, transfer of value or similar transactions, in each case with respect to the Stock.
Equity Distributions means any dividends or other distributions paid by the Underlying Security Issuers on the Underlying Securities notionally included in the Portfolios, including any Extraordinary Distributions that are not Reinvested Extraordinary Distributions.