Promote Distributions definition

Promote Distributions means any direct or indirect distributions, payments, allocations or accruals in respect of any carried interest, incentive fees, promoted interest, performance fee or similar rights of participation or profit-sharing (net of any applicable expenses, deductions or withholdings borne pro rata by all recipients of such Promote Distributions, as determined by PubCo and its applicable subsidiaries) with respect to the earnings, increases in net asset value, profits or gains generated in respect of (i) any PubCo Funds or their respective Subsidiaries or (ii) to the extent not constituting management, advisory, closing fees, investment banking fees, placement fees, commitment fees, breakup fees, litigation proceeds from transactions not consummated, monitoring fees, consulting fees, directors’ fees or similar fees to any of the foregoing or proceeds in respect of capital invested by and on behalf of Persons other than PubCo or its Subsidiaries, any other existing and future advisory clients of PubCo and its Subsidiaries, whether private credit strategies, technology strategy and business development companies and excluding, for these purposes, performance-based fees on business development companies (i.e., Part I/A).
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Promote Distributions means collectively, all distributions made or to be made to MRP pursuant to clause (B) of Section 9.1(a)(iii), clause (B) of Section 9.1(a)(iv) and clause (B) of Section 9.1(a)(v).
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Promote Distributions means any direct or indirect distributions, payments, allocations or accruals in respect of any carried interest, incentive fees, promoted interest, performance fee or similar rights of participation or profit-sharing (net of any applicable expenses, deductions or withholdings borne pro rata by all recipients of such Promote Distributions, as determined by PubCo and its applicable subsidiaries) with respect to the earnings, increases in net asset value, profits or gains generated in respect of (i) any Opal Funds or Diamond Funds or their respective Subsidiaries or (ii) to the extent not constituting management, advisory, closing fees, investment banking fees, placement fees, commitment fees, breakup fees, litigation proceeds from transactions not consummated, monitoring fees, consulting fees, directors’ fees or similar fees to any of the foregoing or proceeds in respect of capital invested by and on behalf of Persons other than the Diamond Transferred Companies or the Opal Transferred Companies, any other existing and future advisory clients of the Diamond Transferred Companies or the Opal Transferred Companies, whether private credit strategies, technology strategy and business development companies and excluding, for these purposes, performance-based fees on business development companies (i.e., Part I/A)).
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Examples of Promote Distributions in a sentence

  • For the avoidance of doubt, in the event it is determined by PubCo or its applicable Subsidiaries not to charge carried interest, incentive fees, promoted interest, performance fee or similar fees in connection with a co-investment, fund-of-one or other vehicle, no Promote Distributions will be made in respect of such PubCo Funds.

  • In addition, prior to or simultaneously with the execution hereof, LATA, ELRH and Elco Landmark Residential Holdings II LLC have executed a letter agreement in substantially the form attached hereto as Exhibit L, which defines the rights of the respective parties to certain Promote Distributions, as defined in such letter agreement.

  • Example Section 9.7(c)(i) Calculation: ● The Liquidity Percentage would be 7.94% (= $4,500,000 Liquidity Amount / ($56,680,000 Hypothetical Distributions - $0 Promote Distributions).

  • If Jxxxxxxx is removed or replaced as Manager pursuant to this Agreement, then allocations of Net Profits and Net Losses pursuant to this Article XI shall be made to the Person or Persons serving as the Manager to the extent such Person or Persons receive Promote Distributions hereunder.


More Definitions of Promote Distributions

Promote Distributions has the meaning set forth in Section 4.02(a).
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Promote Distributions means the amounts distributable to Attollo pursuant to clause (x) of each of Section 6.4(a)(iv) and Section 6.4(a)(v) (without taking into account Section 6.4(d)).
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Promote Distributions means the amounts distributable to the PAV Member pursuant to clause (x) of each of Sections 6.4(a)(ii), 6.4(a)(iii) and 6.4(a)(iv) (without taking into account Sections 6.4(d), (e) or (f)).
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Promote Distributions. With respect to any Investment, the amount of Investment CAD to be distributed to the KWI Partners pursuant to Section 9.1 in excess of the amounts that would be distributed to the KWI Partners pursuant to such Section if such distributions were to be made in accordance with the Percentage Interests of the KWI Partners.
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Promote Distributions means the distributions received or receivable by Maximus pursuant to either clauses (V), (VI) and (VII) of Section 8.01(b) or clauses (III), (IV) or (V) of Section 8.01(c) (as applicable) in excess of the distributions that would be received or receivable by Maximus if distributions pursuant to such clauses were distributed pro rata and pari passu to the Members in accordance with their respective Company Percentage Interests.
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Promote Distributions means the amounts distributable to Jxxxxxxx pursuant to clauses (g), (h) and (i) of Section 5.3, in each case solely to the extent that such distributions are in excess of Jxxxxxxx’x pro rata share of distributions in accordance with its Percentage Interest.
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Related to Promote 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 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.

  • 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.

  • 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.

  • Incentive Distributions means any amount of cash distributed to the holders of the Incentive Distribution Rights pursuant to Section 6.4.

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

  • Prohibited Distributions means any and all dividends or other distributions paid by the Corporation with respect to any Excess Securities received by a Purported Transferee.

  • Charitable sales promotion means an advertising or sales campaign, conducted by a commercial co-venturer, which represents that the purchase or use of goods or services offered by the commercial co-venturer will benefit, in whole or in part, a charitable organization or purpose.

  • 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".

  • Expected Distributions means, with respect to the Certificates of any Trust on any Current Distribution Date, the difference between (A) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (or, if the Current Distribution Date is the first Distribution Date after the date of issuance of such Certificates, the original aggregate face amount of the Certificates of such Trust) and (B) the Pool Balance of such Certificates as of the Current Distribution Date calculated on the basis that (i) the principal of any Non-Performing Equipment Notes held in such Trust has been paid in full and such payments have been distributed to the holders of such Certificates, (ii) the principal of any Performing Equipment Notes held in such Trust has been paid when due (whether at stated maturity or upon prepayment or purchase or otherwise, but without giving effect to any Acceleration of Performing Equipment Notes) and such payments have been distributed to the holders of such Certificates and (iii) the principal of any Equipment Notes formerly held in such Trust that have been sold pursuant to the terms hereof has been paid in full and such payments have been distributed to the holders of such Certificates. For purposes of calculating Expected 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 in respect of the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Expected Distributions.

  • Regular Distribution Dates means each April 1 and October 1, commencing on April 1, 2016; provided, however, that, if any such day shall not be a Business Day, the related distribution shall be made on the next succeeding Business Day without additional interest.

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

  • Tax Distributions has the meaning set forth in Section 4.01(b)(i).

  • Distributor / Distribution Company means Company(ies), Firm(s), Sole Proprietorship concern(s), individual(s), Banks or any other Financial Institution appointed by the Management Company under intimation to the Trustee for performing any or all of the Distribution Functions and who are registered with MUFAP as Registered Service Providers. The Management Company may itself also performs the Distribution Function.

  • Distribution main means the portion of any main with which a service line is, or is intended to be, immediately connected;

  • Cash Available for Distribution means the Available Cash other than Net Sales Proceeds.

  • Permitted Distributions means the following Distributions:

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

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

  • Distribution Business means the business of operating and maintaining a distribution system for supplying electricity in the area of supply of the Distribution Licensee;

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Normal distribution channel means a chain of custody for

  • Distribution Licensee means a licensee authorised to operate and maintain a distribution system for supplying electricity to the consumers in his area of supply;

  • Regular contributions means the amounts required to be

  • 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).