Proceeds Distribution definition

Proceeds Distribution has the meaning provided such term in the recitals of this Agreement.
Sample 1Sample 2Sample 3
Proceeds Distribution has the meaning assigned to such term in the recitals.
Sample 1Sample 2Sample 3
Proceeds Distribution means, the payment of a dividend or distribution to shareholders of the Parent Guarantor or repayment of Subordinated Shareholder Funding with the proceeds from the issuance of the New Notes, the Subordinated Notes and the PIK Notes and up to €100 million of cash.
Sample 1

Examples of Proceeds Distribution in a sentence

  • For investors who are still holding Units as of the Final Record Date (such investors, the “Relevant Investors”), the Manager will, after consulting the Trustee and the Sub-Funds’ auditor, determine the Cash Proceeds Distribution payable to the Relevant Investors.

  • Following the realisation of the assets and the Cash Proceeds Distribution and Further Cash Proceeds Distribution (if any), when the net cash proceeds of each Sub-Fund have been fully distributed and the Trustee and the Manager form an opinion that the Sub-Funds cease to have any respective outstanding contingent or actual assets or liabilities, the Manager and the Trustee will commence the completion of the termination of the Trust and the Sub-Funds.

  • The amount of the Cash Proceeds Distribution will be the relevant Sub-Fund’s then Net Asset Value, excluding (i) the value of any unrealised assets held by the relevant Sub-Fund; (ii) any minimum cash required to facilitate the Further Cash Proceeds Distribution (if any); and (iii) any taxes or expenses payable by the relevant Sub- Fund.

  • In this case, the payment of the Cash Proceeds Distribution and any Further Cash Proceeds Distribution to the Relevant Investors may be delayed.

  • It therefore follows that, after the close of secondary market trading on the Last Trading Day, each of the Sub-Funds will cease to track its corresponding Index, and will not be able to meet its respective investment objective of tracking the performance of such corresponding Index; and Delay in distribution risk – The Manager will aim to realise all of the assets of the Sub-Funds and proceed with the Cash Proceeds Distribution and Further Cash Proceeds Distribution (if any) as soon as practicable.

  • The Manager will issue a further announcement to inform the investors of the exact day of payment of any Further Cash Proceeds Distribution, together with the amount of any such Further Cash Proceeds Distribution per Unit for each Sub-Fund in due course.

  • Such Cash Proceeds Distribution is expected to be made on or around 9 June 2021.

  • Each Relevant Investor will be entitled to share in the Cash Proceeds Distribution pro rata to the number of Units held by such investor relative to the total number of Units still in issue in the relevant Sub-Fund as at the Final Record Date.

  • The Cash Proceeds Distribution and Further Cash Proceeds Distribution (if any) (to the extent such amounts represent profits and/or capital of the Sub-Funds) should generally not be subject to Hong Kong profits tax.

  • The Cash Proceeds Distribution in respect of a Sub-Fund payable to each Relevant Investor is expected to be paid on or around 9 June 2021 to the account of such investor’s financial intermediary or stockbroker maintained with CCASS, based on the Trustee’s records as at the Final Record Date.

Related to Proceeds Distribution

  • 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.

  • 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).

  • 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.

  • 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:

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

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

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • 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.

  • Distributable Cash Flow means the cash flow available for distribution to Shareholders as dividends as described under “Dividends”;

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

  • 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:

  • Residual Distribution Amount For any Distribution Date, with respect to the Class R-1 Residual Interest, any portion of the REMIC I Available Distribution Amount for Loan Group 1 and Loan Group 2 remaining after all distributions of the REMIC I Available Distribution Amount pursuant to clauses (a), (b) and (c) (other than the last subclause of clause (c)) of the definition of “REMIC I Distribution Amount”. For any Distribution Date, with respect to the Class R-2 Residual Interest, any portion of the REMIC II Available Distribution Amount remaining after all distributions of the REMIC II Available Distribution Amount pursuant to the definition of “REMIC II Distribution Amount” (other than the distribution pursuant to the last clause thereof). For any Distribution Date, with respect to the Class R-3 Residual Interest and for Loan Group 1 and Loan Group 2, any portion of the REMIC III Available Distribution Amount for Loan Group 1 and Loan Group 2, respectively, remaining after all distributions of such REMIC III Available Distribution Amount pursuant to clauses (I)(A), (I)(B), (I)(C), (II)(A) and (II)(B), as applicable, of the definition of “REMIC III Distribution Amount” (other than the distributions pursuant to the last subclause of clauses (I)(C), (II)(A) and (II)(B)). Upon termination of the obligations created by this Agreement and liquidation of REMIC I, REMIC II and REMIC III, the amounts which remain on deposit in the Certificate Account after payment to the Holders of the REMIC III Regular Interests of the amounts set forth in Section 9.01 of this Agreement, and subject to the conditions set forth therein, shall be distributed to the Class R-1, Class R-2 and Class R-3 Residual Interests in accordance with the preceding sentences of this definition as if the date of such distribution were a Distribution Date.

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority:

  • Cash Flow Distribution Amount As to any calendar month, the aggregate amount of principal distributable in respect of the Mortgage Securities in such calendar month.

  • Distributable Funds with respect to any month or other period, as applicable, shall mean an amount equal to the Cash Flow of the Company for such month or other period, as applicable, as reduced by reserves for anticipated capital expenditures, future working capital needs and operating expenses, contingent obligations and other purposes of the Company or any Subsidiary, the amounts of which shall be reasonably determined from time to time by the Management Committee.

  • Distributions means amounts payable in respect of the Trust Securities as provided in Section 4.1.

  • Distributable Cash means, as of any relevant date on which a determination is being made by the Manager regarding a potential distribution pursuant to Section 4.01(a), the amount of cash that could be distributed by the Company for such purposes in accordance with the Credit Agreements (and without otherwise violating any applicable provisions of any of the Credit Agreements).

  • Main Distribution Frame (MDF) is termination frame for outside facility and inter-exchange office equipment at the central office for DS-0 and DSL services.

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

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Noteholders’ Distributable Amount means, with respect to any Distribution Date, the sum of the Noteholders’ Principal Distributable Amount and the Noteholders’ Interest Distributable Amount.

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Class B-5 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-5 Certificates pursuant to Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).