Ordinary Distributions definition

Ordinary Distributions means cash dividends to the extent paid out of retained earnings, and interest paid in cash, in each case with respect to all instruments constituting part of the Collateral, except to the extent that any such dividend is made in connection with a partial or total liquidation or a reduction of capital, or any such interest is penalty interest, or, in each case, to the extent the same is not in the ordinary course; and "EXTRAORDINARY DISTRIBUTIONS" shall mean all dividends, interest and distributions on or in respect of and all proceeds of such instruments other than Ordinary Distributions.

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Ordinary Distributions means distributions of Company’s cash on hand and other assets from time to time as set forth in Section 3.3(a). Ordinary Distributions shall exclude Capital Event Distributions.

Ordinary Distributions means any distributions other than a distribution made under Section 5.5 (including amounts that would have been distributed under Section 5.5 if not for the last sentence of Section 5.5) or an extraordinary distribution arising from a leveraged recapitalization or other non-ordinary course transaction.

Examples of Ordinary Distributions in a sentence

If Ordinary Distributions are to be made of securities or other assets owned by the Company, in kind, the Board shall determine in good faith the fair market value of such securities and other assets.
Subject to Sections 3.3(a)(ii) and (iii), the Company shall make Ordinary Distributions in such amounts and at such times as the Board shall determine from time to time.
Ordinary Distributions shall be made among the Members in proportion to their respective Percentage Interests.
APPENDIX M LETTER OF AGREEMENT ON NEUTRALITY February 18, 1998 Mr. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ted Steelworkers of America Subdistrict 5 5300 ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇ar Mr. ▇▇▇▇▇▇▇▇▇: This will confirm our understanding reached during the 1998 Negotiations.
For the avoidance of doubt, Founder Distributions shall (x) be treated as Distributions for all purposes of this Agreement (and each Person that is a party to or is otherwise bound by this Agreement agrees that each Founder Distribution shall reduce the balance of the Carry Unit Capital Account as and when made), and (y) not be offset against any Ordinary Distributions that the Corporation is entitled to receive pursuant to or in accordance with Section 4.01(b).

More Definitions of Ordinary Distributions

Ordinary Distributions has the meaning set forth in Section 4.01(a).

Ordinary Distributions shall have the meaning set forth in Section 5.3.

Ordinary Distributions means cash dividends to the extent paid out of retained earnings, and interest paid in cash, in each case with respect to the Securities or the Collateral described in clauses (ii) or (iii) of the definition thereof, except to the extent that any such dividend is made in connection with partial or total liquidation or a reduction of capital, or any such interest is penalty interest, or, in each case, to the extent the same is not in the ordinary course; and "EXTRAORDINARY DISTRIBUTIONS" means (in each case whether or not in cash) all dividends, interest, principal payments and other distributions (including cash and securities payable in connection with calls, conversions, redemptions and the like) on or in respect of, and all proceeds (including cash and securities receivable in connection with tender or other offers) of, the Securities or the Collateral described in clauses (ii) or (iii) of the definition thereof, other than Ordinary Distributions.

Ordinary Distributions means cash dividends to the extent paid ---------------------- out of retained earnings, and interest paid in cash, in each case with respect to Securities and Instrument Collateral, except to the extent that any such dividend is made in connection with partial or total liquidation or a reduction of capital, or any such interest is penalty interest, or, in each case, to the extent the same is not in the ordinary course; and "Extraordinary Distributions" --------------------------- means (in each case whether or not in cash) all dividends, interest, principal payments and other distributions (including cash and securities payable in connection with calls, conversions, redemptions and the like) on or in respect of, and all proceeds (including cash and securities receivable in connection with tender or other offers) of, Securities and Instrument Collateral other than Ordinary Distributions.

Ordinary Distributions means all regular periodic dividends on Common Shares, whether paid in cash, securities or property, or any combination thereof, except extraordinary or special dividends, provided, that for any taxable year for which the Trust has elected to be treated as a real estate investment trust or “REIT” for United States federal income tax purposes, Ordinary Distributions shall be deemed to equal 125% of the amount of distributions that the Trust is required to pay to its shareholders with respect to such year in order to satisfy the requirements for taxation as a REIT for United States federal income tax purposes, and all dividends and distributions paid with respect to such year in excess of such deemed amount shall be treated as Extraordinary Distributions.

Ordinary Distributions means only those distributions required to be made to the Partners by the Partnership pursuant to the provisions of Section 8.4(b)(2)(ii) or Section 8.6 hereof.

Ordinary Distributions means cash dividends to the extent paid out of retained earnings, and interest paid in cash, in each case with respect to Investment Property Collateral,