Interim Distribution Amount definition

Interim Distribution Amount means $55 million, the amount to be distributed from Available Cash according to this Order.
Interim Distribution Amount means, with respect to Special LTIP Units that were issued as part of the same award or program for purposes of Section 8.6 as specified in the Vesting Agreement or other documentation pursuant to which such Special LTIP Units are issued (the “Same Award”) and are not forfeited on or prior to such Special LTIP Unit Full Distribution Participation Date for such Special LTIP Units, an amount equal to the distributions that would have been distributed hereunder to the holder of such Special LTIP Units that are not forfeited on or prior to such Special LTIP Unit Full Participation Date had the Special LTIP Unit Full Distribution Participation Date for such Special LTIP Units been the date such Units were granted, minus, an amount equal to the amounts distributed hereunder to the holder of such Special LTIP Units with respect to all the Special LTIP Units of the Same Award held by such holder prior to the Special LTIP Unit Full Participation Date, whether or not forfeited on or prior to such date.
Interim Distribution Amount means, with respect to an LTIP Unit, an amount equal to the distributions that would have been distributed to the holder of such LTIP Unit hereunder prior to the LTIP Unit Distribution Participation Date, had the LTIP Unit Distribution Participation Date been the date such Unit was granted, minus the amount that such LTIP Unit holder has actually been distributed prior to the LTIP Unit Distribution Participation Date.

Examples of Interim Distribution Amount in a sentence

  • Subsequent to the Special LTIP Unit Full Distribution Participation Date, vested Performance-Based LTIP Units may be entitled to receive the Interim Distribution Amount to the extent provided for in the Partnership Agreement.

  • The Interim Distribution Amount shall be apportioned among Investor CD Claimants on a pro rata basis.

  • On 16 May 1972, Haegeman commenced proceedings against the Belgian State, in the person of the Minister for Economic Affairs, claiming reimbursement of the amount of countervailing charges paid for the import of Greek wines into the territory of the Belgium-Luxembourg Economic Union since 1 June 1970.

  • The Distribution Percentage equals the Interim Distribution Amount divided by the sum of: (a) all Allowed Claim Amounts for non-deficient Investor CD Claims as of the filing of the Motion (the “ Investors’ Allowed Claim Amounts”), and (b) the Receiver’s estimate of the Allowed Claim Amounts for all Investor CD Claims that are deficient (the “Investors’ DeficientClaim Amounts”).

  • The Interim Distribution Notice shall indicate the amount of any Receivables collected on or prior to March 31, 1999 (the "Interim Distribution Amount").

  • Upon receipt of the Interim Distribution Notice, the Escrow Agent shall release and distribute to the Shareholders on or before April 9, 1999 (the "Interim Distribution Date") an amount of the Escrowed Funds equal to the lesser of (i) the Interim Distribution Amount or (ii) the Available Escrowed Funds on the Interim Distribution Date.

  • The transfer of SIP to Vision to facilitate the return of SIP to customers or for the liquidation of SIP and subsequent transfer of the Interim Distribution Amount of the proceeds of the sale to the respective customer is the most efficient and cost- effective manner to return SIP or proceeds to the customers’ control.

  • Except as otherwise provided herein, if the Committee, acting in its sole discretion, determines that an Interim Trigger Date has occurred, the Interim Distribution Amount shall be promptly distributed to Eligible Employees, Eligible Retirees and Other Employees who are selected to receive an Interim Distribution on the Interim Payment Date.

  • The Liquidating Trustee shall make an Pro Rata initial distribution to holders of Allowed Class 3 unsecured claims (the Initial Interim Distribution Amount) within 30 days of the Effective Date in such amount as the Liquidating Trustee, in his reasonable business discretion, believes may be distributed after taking into consideration the Disputed Claim Reserve, any disputed Administrative Expense Claims, and estimated costs of administration of the Estate and the Liquidating Trust.

  • In the event that the Interim Distribution Amount is insufficient to provide each Eligible Employee and Eligible Retiree with the full amount described in subsections (a) and (b), then the Interim Distribution Amount shall be pro-rated such that each Eligible Employee and Eligible Retiree shall receive an equal percentage of the amount to which he would be otherwise entitled under Sections 7(a) and 7(b) above.


More Definitions of Interim Distribution Amount

Interim Distribution Amount means the amount the
Interim Distribution Amount means the amount that equals the Interim Percentage of the Total Pool. “Interim Payment Date” means the fifteenth business day following the Interim Trigger Date.3
Interim Distribution Amount means the amount that equals the Interim Percentage of the Total Pool.