Equivalent Distribution definition

Equivalent Distribution has the meaning given in Clause 3.1;
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Equivalent Distribution has the meaning given in Section 4.1(A);
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Equivalent Distribution has the meaning assigned thereto in the recitals;
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Examples of Equivalent Distribution in a sentence

  • If either party is prohibited by Applicable Laws or is otherwise unable to declare, pay or otherwise make all or any portion of an Equivalent Distribution, Thomson-Reuters and Thomson shall, so far as it is practicable to do so, enter into such transactions with each other as the Boards agree to be necessary or desirable so as to enable both to pay cash Equivalent Distributions as nearly as practicable at the same time in accordance with the other provisions of this Section 4.

  • The Liquidation Preference Equivalent Distribution shall be distributed ratably to the holders of Series B Preferred Stock based upon the number of shares of Series B Preferred Stock held.

  • In addition, the Fall 2017 school-wide STAR reading assessment revealed that 331 out of 450 (73.5%) students scored a Grade Equivalent Distribution below high school grade levels (1.0 to 8.9).

  • Nothing in this clause (D) shall alter the obligation of the Company to pay any unpaid Series A Cash Equivalent Distribution or the right of Series A Unitholders to enforce this Agreement to compel the Company to distribute any unpaid Series A Cash Equivalent Distribution.

  • On any day where Party A as Transferee is to transfer an Equivalent Distribution in the form of EUR cash pursuant to this Paragraph 5(c)(i) and Party B as Transferor is, on the same day, scheduled to pay an Issuer Floating Amount (Asset Swap) pursuant to the Swap (a “Related Transaction Payment”), then such Equivalent Distribution and such Related Transaction Payment shall be netted against one another so that a singlenet amount is payable by Party B as Transferee or Party A as Transferor (as applicable).

  • If, in violation of this clause (D), the Company fails to pay in full any Series A Cash Equivalent Distribution when due, then the holders entitled to the unpaid Series A Cash Equivalent Distribution shall be entitled to Series A Cash Distributions and distributions of PIK Units in subsequent Months and to all other rights under this Agreement as if such Series A Cash Equivalent Distribution had in fact been distributed on the date due.

  • In the event that the Company shall at any time pay any cash dividend or other distribution solely to any other class or series of Preferred Stock of the Company, including any such resulting from a redemption or other repurchase of shares of such class or series of Preferred Stock, the Company shall declare and pay or otherwise distribute a Liquidation Preference Equivalent Distribution to the holders of the Series B Preferred Stock.

  • On any day where Party A as Transferee is to transfer an Equivalent Distribution in the form of EUR cash pursuant to this Paragraph 5(c)(i) and Party B as Transferor is, on the same day, scheduled to pay an Issuer Floating Amount (Asset Swap) pursuant to the Swap (a “Related Transaction Payment”), then such Equivalent Distribution and such Related Transaction Payment shall be netted against one another so that a single net amount is payable by Party B as Transferee or Party A as Transferor (as applicable).

  • In the event that the distribution to holders of such other class or series of Preferred Stock was in respect of a redemption or repurchase of their shares of Preferred Stock, the Liquidation Preference Equivalent Distribution shall result in the redemption of such shares of Series B Preferred Stock as may be redeemed thereby at a Redemption Price (defined in Section 4 below) per share equal to the Preference Amount (defined in Section 4 below).


More Definitions of Equivalent Distribution

Equivalent Distribution has the meaning assigned thereto in the recitals. (q) “Equivalent Share Subdivision” has the meaning set out in Section 2.1(a)(ii)(B). (r) “Exchange Feature” has the meaning assigned thereto in the recitals. (s) “Exchangeable Shares” means the Class A Shares and/or the Class A-1 Shares, as applicable. (t) “Governing Body” means (i) with respect to a corporation, an unlimited liability company or a limited company, the board of directors of such corporation, unlimited liability company or limited company, (ii) with respect to a limited liability company, the manager(s) or managing partner(s) of such limited liability company, (iii) with respect to a partnership, the board, committee or other body of the general partner of such partnership that serves a similar function (or if any such general partner is itself a partnership, the board, committee or other body of such general partner’s general partner that serves a similar function) and (iv) with respect to any other Person, the body of such Person that serves a similar function. (u) “Non-Brookfield Holders” means holders of Exchangeable Shares other than Brookfield. (v) “Original Support Agreement” has the meaning assigned thereto in the recitals. (w) “Other Entity” has the meaning set out in Section 3.4(b). (x) “Other Securities” has the meaning set out in Section 3.4(b). (y) “Outstanding BN Shares” for purposes of Section 3.4 means BN Shares outstanding and beneficially owned by any Person other than the Other Entity or its affiliates.
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Equivalent Distribution shall have the meaning set out in Article 234;
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Related to Equivalent Distribution

  • Distribution Equivalent Right means an Award granted under Article XIII of the Plan which entitles the Holder to receive bookkeeping credits, cash payments and/or Share distributions equal in amount to the distributions that would have been made to the Holder had the Holder held a specified number of Shares during the period the Holder held the Distribution Equivalent Right.

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • Quarterly Distribution means with respect to each Distribution Date, the distribution to be made to the Holders of the Up-MACRO Tradeable Shares that are Outstanding on the Distribution Date pursuant to Section 5.2(a).

  • Regular Dividend means USD0.55 per Share per quarter. Upon any adjustment to the Initial Dividend Threshold (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Permitted RIC Distribution means distributions by each Borrower and its Subsidiaries (from the Collateral Accounts or otherwise) to the extent required to allow GCDLC to make sufficient distributions to qualify as a regulated investment company and to otherwise eliminate federal or state income or excise taxes payable by such Initial Borrower in or with respect to any taxable year of such Initial Borrower (or any calendar year, as relevant); provided that (A) the amount of any such payments made in or with respect to any such taxable year (or calendar year, as relevant) of such Initial Borrower shall not exceed 115% of the amounts that the Subsidiaries of such Initial Borrower would have been required to distribute to such Initial Borrower to: (i) allow such Initial Borrower to satisfy the minimum distribution requirements that would be imposed by Section 852(a) of the Code (or any successor thereto) to maintain its eligibility to be taxed as a regulated investment company for any such taxable year, (ii) reduce to zero for any such taxable year such Initial Borrower’s liability for federal income taxes imposed on (x) its investment company taxable income pursuant to Section 852(b)(1) of the Code (or any successor thereto) or (y) its net capital gain pursuant to Section 852(b)(3) of the Code (or any successor thereto), and (iii) reduce to zero such Initial Borrower’s liability for federal excise taxes for any such calendar year imposed pursuant to Section 4982 of the Code (or any successor thereto), in the case of each of (i), (ii) or (iii), calculated assuming that such Initial Borrower had qualified to be taxed as a RIC under the Code, and (B) after the occurrence and during the continuance of an Event of Default or a Default related to Section 10.1(a) or Section 10.1(i), all such distributions shall be prohibited, and only so long as (x) any Overadvance is cured immediately prior to and no Overadvance will exist after giving effect to such Permitted RIC Distribution (unless otherwise consented to by Administrative Agent in its sole discretion) and (y) such Initial Borrower delivers a RIC Distribution Notice to Administrative Agent at least ten (10) days prior to the applicable Distribution.

  • Dividend Payout Ratio means, at any date of determination, the ratio, expressed as a percentage, of (a) the sum of, without duplication, of all dividends paid by the Parent Guarantor on account of any common stock or preferred stock of the Parent Guarantor, except dividends payable solely in additional Equity Interests of the same class, to (b) Funds From Operations, in each case for the four consecutive fiscal quarters of the Parent Guarantor most recently ended.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Share Distribution means a dividend payable in shares of any class or series of capital stock, Convertible Securities or other equity securities of the Corporation or any other Person.

  • Equivalent Preferred Stock shall have the meaning set forth in Section 11(b) hereof.

  • Equivalent method means any method of sampling and analyzing for an air pollutant that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to have a consistent and quantitatively known relationship to the reference method under specific conditions.

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.

  • Dividend Payment means dividends (in cash, Property or obligations) on, or other payments or distributions on account of, or the setting apart of money for a sinking or other analogous fund for, or the purchase, redemption, retirement or other acquisition of, any shares of any class of stock of the Company or of any warrants, options or other rights to acquire the same (or to make any payments to any Person, such as "phantom stock" payments, where the amount thereof is calculated with reference to the fair market or equity value of the Company or any of its Subsidiaries), but excluding dividends payable solely in shares of common stock of the Company.

  • Relevant Distribution Date With respect to (a) any Significant Obligor with respect to the Trust, the Distribution Date, and (b) any Significant Obligor with respect to an Other Securitization Trust, the “Distribution Date” (or an analogous concept) under the related Other Pooling and Servicing Agreement.

  • Capital Distribution means, with respect to any Person, a payment made, liability incurred or other consideration given for the purchase, acquisition, repurchase, redemption or retirement of any Equity Interest of such Person or as a dividend, return of capital or other distribution in respect of any of such Person’s Equity Interests.

  • Semi-Annual Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Regular Distribution Dates means each April 15 and each October 15, commencing on April 15, 2018; provided, however, that, if any such day shall not be a Business Day, the related distribution shall be made on the next succeeding Business Day without additional interest.

  • Regular Distribution Date Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Equivalent Load means the sum of a Market Participant’s net system requirements to serve its customer load in the PJM Region, if any, plus its net bilateral transactions.

  • Dose equivalent (HT means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Qualified distribution means a distribution from a Roth Elective Deferral Account after the Participant has satisfied a five year tax holding period and has attained age 59½, died, or become Disabled, in accordance with Code Section 402A(d). The five year tax holding period is the period of five consecutive taxable years that begins with the first day of the first taxable year in which the Participant makes a designated Roth Elective Deferral under the Plan or to another retirement plan which amount was directly rolled over to the Plan, and ends when five consecutive taxable years have been completed.

  • Equivalent residential unit means a dwelling, unit, or development that is equal

  • Security Distribution As to any Mortgage Security and Security Distribution Due Date, the amount of distribution payable to the holder of such Mortgage Security in accordance with its terms.