Managing Member Distributions definition

Managing Member Distributions means all distributions and payments in any form made, or due to be made, to the Managing Members or the Borrower in connection with its ownership interest in the Managing Member Interests, except for Solar Assets Service Incentives, Grid Services Revenue and SREC Direct Sale Proceeds.

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Managing Member Distributions means all distributions to be made by a Project Company to the related Managing Member.

Managing Member Distributions means all distributions (other than any True-Up Distributions) to be made by a Project Company to the related Managing Member.

Examples of Managing Member Distributions in a sentence

• No event or circumstance occurred and is continuing that has resulted or would reasonably be expected result in or trigger any limitation, reduction, suspension or other restriction of the Managing Member Distributions.

• The Borrower shall have provided the Administrative Agent an updated Schedule IV, an updated Schedule V, an updated Schedule VI and an updated Schedule VII to reflect the Scheduled Hedged SREC Payments, Scheduled Host Customer Payments, Scheduled PBI Payments and Scheduled Managing Member Distributions as of such Funding Date.

• Attached hereto as Annex C to this NPA Supplement is a schedule of (A) the Scheduled Financing Fund Expenses, (B) the Scheduled Tax Equity Investor Distributions and (C) the Scheduled Managing Member Distributions, in each case during each calendar year from and including the year of such Closing Date until the Final Maturity Date and assuming that the Purchase Option under each Financing Fund Documents is exercised at the respective Purchase Option Call Date and that no Distribution Variations occur.

• The Borrower shall have provided the Administrative Agent an updated Schedule IV, an updated Schedule V, an updated Schedule VI and, an updated Schedule VII and an updated Advance Model to reflect the Scheduled Hedged SREC Payments, Scheduled Host Customer Payments, Scheduled PBI Payments and Scheduled Managing Member Distributions as of such Funding Date.

More Definitions of Managing Member Distributions

Managing Member Distributions means, with respect to a Managing Member Membership Interest, all distributions made to the Issuer by the related Managing Member or any other Person under or in respect of such Managing Member Membership Interest. [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

Managing Member Distributions means all distributions to be made by the Project Company to the Managing Member.

Managing Member Distributions means all distributions to be made by a Project Company to the related Managing Member. Managing Member Distributions in respect of any Collection Period that are collected or distributed after a Collection Period but prior to the Determination Date related to the Payment Date for such Collection Period shall be deemed to be received or distributed during such Collection Period.