Excess Distribution Amount definition

Excess Distribution Amount is defined in Section 6.1(c).

Excess Distribution Amount shall have the meaning set forth in Section 8.3(a)(ii).

Excess Distribution Amount is an amount equal to the amount available for distribution to shareholders of the Corporation after payment of all debts and liabilities less the sum of (i) the liquidation preferences in respect of all shares of preferred stock of the Corporation other than the Series One Preferred Stock, (ii) the product of 100 times the number of outstanding shares of Series One Preferred Stock, and (iii) the product of the number of outstanding shares of Common Stock times a fraction whose numerator is 100 and whose denominator is the Adjustment Number.

Examples of Excess Distribution Amount in a sentence

• In the event that, for a calendar year, there shall be any Excess Distribution Amount, then (A) Borrower shall notify Agent in writing thereof as provided above and shall provide to Agent a written calculation of the Excess Distribution Amount and (B) the amount of the Distribution Cap and the permitted Distributions for the immediately following calendar year shall be deemed reduced by an amount equal to such Excess Distribution Amount.

• The “Catch Up Amount” shall mean an amount equal to the sum of (i) the product of (A) the Xxxxxx Partners Excess Distribution Amount, multiplied by (B) the quotient of (x) the aggregate Percentage Interest of the General Partner and GPC Inc.

• On the Effective Date, or as soon thereafter as practicable, the Debtors shall depositBTB or Silca, as designated by both BTB and Silca at or before the commencement of the Confirmation Hearing, shallr eceive Cash in the amount of the PDVSA Excess Distribution Amount, withinterest for the Post-Effective Date Periodc alculated at the rate applicable to the PDVSA Claim, into the Disputed Claims Reserve.

• The Offer The Offeror is offering, upon the terms and subject to the conditions of the Offer, to purchase all of the outstanding Units, including Units which become outstanding on the exercise of Options or other rights to purchase the Units, at a price in cash of $16.25 per Unit less any Excess Distribution Amount.

• Notwithstanding anything to the contrary in this paragraph, if an Unstayed Order proscribes the foregoing treatment, the Debtors shall pay the PDVSA Excess Distribution Amount into the PDVSA Excess Escrow.

More Definitions of Excess Distribution Amount

Excess Distribution Amount shall equal the lesser of -------------------------- (i) the amount by which the General Partner Distributions exceed the sum of the Total General Partner Net Gain or Loss plus the aggregate contributions made to the Partnership by the General Partner or (ii) the amount of the General Partner Distributions.

Excess Distribution Amount means the amount of any distribution declared on a Unit in a month in excess of the Monthly Distribution;

Excess Distribution Amount has the meaning assigned to such term in Section 5.5.

Excess Distribution Amount shall have the meaning set forth in -------------------------- Paragraph 8.

Excess Distribution Amount means, with respect to a particular Fiscal Year (or a quarter of a particular Fiscal Year, as applicable), the excess, if any, of (i) the amount of the distributions made by the Company pursuant to Sections 5.1.A(1) and 5.1.B for the Fiscal Year (or such quarter of such Fiscal Year, as applicable) over (ii) the product of (a) the Adjusted Holder Percentage as of the end of the Fiscal Year (or such quarter of such Fiscal Year, as applicable) and (b) with respect to such Fiscal Year, $1,600,000, or, with respect to such quarter of such Fiscal Year, $400,000.

Excess Distribution Amount means, with respect to each Distribution, the amount (to be determined at the time of each Distribution) by which (i) the Aggregate Distributions Amount minus Excess Distributions Amounts previously paid to Lender exceeds (ii) the Net Permitted Holdback Amount.

Excess Distribution Amount means the amount of any distribution or dividend declared on a Unit or IPC Realty Preferred Share, as applicable, in excess of the Monthly Distribution;