Holdings Distribution definition

Holdings Distribution shall have the meaning provided in ---------------------
Holdings Distribution shall have the meaning ascribed thereto in the Recitals to this Agreement.
Holdings Distribution means the distributions on or about the --------------------- Effective Date by the U.S. Borrower and the Subsidiaries to the Cayman Borrower, by the Cayman Borrower to Intermediate Holdings and to, or for the account of, participants in a Deferred Compensation Plan in an aggregate amount not to exceed the amount by which (i) the Cash Amount exceeds (ii) Material Funded Indebtedness, in each case on the Effective Date after giving effect to the Transactions.

Examples of Holdings Distribution in a sentence

  • Pursuant to the Holdings Distribution Agreement, Holdings distributed its Limited Partner Interest to the Exchange Right Holders, pro rata.

  • Prior to the Spin-Off Date, this Agreement may be terminated and the Reorganization, the Contribution, the Subsidiary Mergers, the Excess Shares Redemption and the Holdings Distribution and/or the Spin-Off abandoned for any or no reason at any time prior to the closing of such transactions in the sole discretion of the Bristol Board, without the approval of FelCor or the stockholders of Bristol or FelCor.

  • C&M Holdings hereby agrees to make the CD&R Associates X Waterworks C&M Holdings Distribution to CD&R Associates X Waterworks.

  • DevCo III LP shall not transfer or convey any of the membership interests in SP Holdings (the “SP Holdings Interests”) prior to the SP Holdings Distribution.

  • The closing of the Subsidiary Mergers, the Reorganization, the Contribution, the Excess Shares Redemption, the Holdings Distribution, the Leasing Transactions and the Spin-Off will take place at the offices of Jonex, Xxy, Reavxx & Xogux, 0000 Tramxxxx Xxxx Xxxter, 2001 Xxxx Xxxxxx, Dallas, Texas at the times set forth below, at which times the respective documents listed below will be executed and delivered by the parties thereto.

  • The aggregate purchase price for the Holdings Interest payable by Purchaser to Seller shall be: (i) at the Effective Time, the product of (x) Closing Per Share Cash Consideration multiplied by (y) the number of shares of Class A Common Stock owned by Holdings as of immediately prior to the Effective Time (the “Holdings Consideration”); and (ii) following the Effective Time, any Holdings Distribution Amounts, payable when and as provided herein.

  • CD&R WW Holdings hereby agrees to accept the CD&R WW Holdings C&M Holdings Distribution.

  • The BB Holdings Distribution will be exempt from income tax in Belize.

  • Immediately after the Spin-Off and prior to the Effective Time, United/Harvxx Xxxdings, L.P. ("Holdings") will distribute all of the Bristol Common Shares it owns to two limited partnerships to be organized by Holdings and its partners of which an affiliate of Holdings will be the general partner (the "Partnerships") in such proportion as Holdings deems appropriate and as FelCor approves, such approval not to be unreasonably withheld or delayed (such transaction, the "Holdings Distribution").

  • CD&R Associates X Waterworks hereby agrees to accept the CD&R Associates X Waterworks C&M Holdings Distribution.


More Definitions of Holdings Distribution

Holdings Distribution means the dividend to be paid on, or within 30 days of, the Closing Date by Wise Intermediate Holdings to Wise Metals Holdings LLC to allow it to fund a dividend to, or repurchase equity interests of, its members with a substantial portion of the net proceeds of the offering of the Notes issued on the Closing Date.
Holdings Distribution shall have the meaning provided in Section 5.05.

Related to Holdings Distribution

  • 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.

  • Excess Distribution is defined in Section 6.1(d)(iii)(A).

  • Final Distributions means, with respect to the Certificates of any Trust on any Distribution Date, the sum of (x) the aggregate amount of all accrued and unpaid interest on such Certificates (excluding interest, if any, payable with respect to the Deposits relating to such Trust) and (y) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (less the amount of the Deposits for such Class of Certificates as of such preceding Distribution Date other than any portion of such Deposits thereafter used to acquire Equipment Notes pursuant to the Note Purchase Agreement). For purposes of calculating Final Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Final Distributions.

  • 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:

  • Final Distribution means any distribution made in redemption of all or a portion of the Up-MACRO Tradeable Shares pursuant to Section 5.2(b) on the earlier of the Final Scheduled Termination Date or an Early Termination Date.

  • Excess Distribution Unit is defined in Section 6.1(d)(iii)(A).

  • Initial Distribution means the distribution made to holders of Allowed Class C-4 Claims on the Distribution Date.

  • Cash Distribution means the distribution by the Company to all holders of its Common Stock of cash, other than any cash that is distributed upon a merger or consolidation to which Section 2(h) applies or as part of a distribution referred to in paragraph (4) of Section 2(b).

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Wholesale distribution means distribution of prescription drugs to persons other than consumers or

  • Special Distribution has the meaning set forth in Section 11.4.

  • Class Distribution Amount As to each Combinable Class and Distribution Date, an amount equal to the distribution of principal and/or interest on such Distribution Date in respect of the Related REMIC Class multiplied by a fraction the numerator of which is equal to the Aggregate Denomination of such Class at the close of business on the related Record Date and the denominator of which is the original principal amount of the Related REMIC Class having the same letter designation. As to each RCR Class, the sum of (i) the Class Interest Distribution Amount for such Class and (ii) the Class Principal Distribution amount for such Class.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.

  • Cash Distributions means dividends, interest and other distributions and payments (including proceeds of liquidation, sale or other disposition) made or received in cash upon or with respect to any Collateral.

  • Internal Distribution has the meaning set forth in the recitals.

  • Distribution box means a watertight component that receives effluent from a septic tank or other treatment unit and distributes effluent via gravity in approximately equal portions to two or more distribution laterals in the soil treatment area.

  • 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.

  • Intermediate Distribution Frame (IDF means a second frame that augments an existing Main Distribution Frame. Lines or outside cables that do not terminate on the IDF.

  • Class B Final Distribution Date means the August 16, 2021 Distribution Date.

  • Class Final Distribution Date means, as applicable, the Class A-1 Final Distribution Date, the Class A-2a Final Distribution Date, the Class A-2b Final Distribution Date, the Class A-3 Final Distribution Date, the Class A-4 Final Distribution Date, the Class B Final Distribution Date, the Class C Final Distribution Date or the Class D Final Distribution Date, as the context requires.

  • Pool Distribution Amount As of any Distribution Date, the funds eligible for distribution to the Holders of the Certificates on such Distribution Date, which shall be the sum of (i) all previously undistributed payments or other receipts on account of principal and interest on or in respect of the Mortgage Loans (including, without limitation, the proceeds of any repurchase of a Mortgage Loan by the Seller and any Substitution Principal Amount) received by the Master Servicer with respect to the applicable Remittance Date in the month of such Distribution Date and any Unscheduled Principal Receipts received by the Master Servicer on or prior to the Business Day preceding such Distribution Date, (ii) all Periodic Advances made by a Servicer pursuant to the related Servicing Agreement or Periodic Advances made by the Master Servicer or the Trustee pursuant to Section 3.03 and (iii) all other amounts required to be placed in the Certificate Account by the Servicer on or before the applicable Remittance Date or by the Master Servicer or the Trustee on or prior to the Distribution Date, but excluding the following:

  • 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".

  • Liquidation Distribution has the meaning specified in Section 9.4(d).

  • Capital Account Distribution Date and "Income Account Distribution Date" shall mean the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Class C Final Distribution Date means the October 15, 2021 Distribution Date.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3