First Amendment Effective Date Dividend means one or more cash dividends made by Mapco Express to Holdings on the First Amendment Effective Date (or within thirty days following the First Amendment Effective Date) in an amount not to exceed $15,000,000 in the aggregate with respect to all such cash dividends.
First Amendment Effective Date Dividend means a cash dividend paid by the Borrower to Holdings and by Holdings to the owners of the Equity Interests of Holdings on or around the First Amendment Effective Date (but no later than 30 days after the First Amendment Effective Date) in an amount not to exceed $805,000,000.
First Amendment Effective Date Dividend the one-time Distribution made by Borrower on the First Amendment Effective Date to certain shareholders in an aggregate amount not to exceed $21,500,000, with the proceeds of the Add-On Term Loans and cash on hand.”
Examples of First Amendment Effective Date Dividend in a sentence
The proceeds of the Revolving Credit Loans and the Swing Line Loans, and the Letters of Credit shall be used (a) to make the First Amendment Effective Date Dividend, the Additional Dividends and other dividends expressly permitted pursuant to Section 7.6 of this Agreement, (b) for working capital and general corporate purposes not in contravention of any Requirement of Law and not in violation of this Agreement, and (c) to pay costs and expenses of the transactions contemplated hereby.