Property Distribution definition
Examples of Property Distribution in a sentence
HHH shall inform Seaport Entertainment if any member of the HHH Group takes (x) an Unintended Tax Position that could reasonably be expected to be inconsistent with any position taken or to be taken by any member of the Seaport Entertainment Group on a Tax Return or (y) a Non-Qualified Property Distribution Position.
Silver Dragon shall have a period of 30 days to review the Property Distribution Statement and documentation provided by Sino and either accept or contest the amount of the Silver Dragon Payment.
Except as provided in Section 4 of this Agreement, an RSU shall not entitle the Participant to any incidents of ownership (including, without limitation, dividend and voting rights) in any Share until the RSU shall vest and the Participant shall be issued the Share to which such RSU relates nor in any securities or property comprising any Property Distribution deposited in a Dividend Equivalent Account related to such RSU until such RSU vests.
The value of each CPU shall be equal to (i) the price per Share of Common Stock as of the Settlement Date (“Share Value”) plus (ii) the aggregate value of all credits made to the notional account of the Participant in connection with any eligible Cash Dividend or Property Distribution on a per Share basis (“Distribution Value”).
The Committee may, in its discretion, deposit in the Participant’s Dividend Equivalent Account the securities or property comprising any Property Distribution in lieu of crediting such Dividend Equivalent Account with the Fair Market Value thereof, or may otherwise adjust the terms of the Award as permitted under the Plan.
If all of the foregoing conditions precedent shall have been satisfied, each such Potential Property shall be deemed a Subject Property and an Equity Interests Property, Distribution Interests Property or an Additional Interests Property (consistent with Borrower’s designation pursuant to clause (a) above), and Administrative Agent may unilaterally amend Exhibits “C-1”, “C-2” and “C-3”, as applicable, to give effect to such addition.
The Committee may, in its discretion, deposit in the Participant’s Dividend Equivalent Account the securities or property comprising any Property Distribution in lieu of crediting such Dividend Equivalent Account with the Fair Market Value thereof, or may otherwise adjust the terms of the Award as permitted under Section 5 of the Plan.
Any credit for Cash Dividends or Property Distributions may be paid by the Company in cash, Shares, the securities or other property comprising such Property Distribution, or any combination thereof, in such form or forms and in such proportions as shall be determined by the Plan Administrator in its sole discretion.
As of the Merger Effective Date, ---------------------------------- the Real Property Distribution shall have been completed and the Surviving Corporation shall enter into lease arrangements with each of the persons or entities listed in Schedule 11.2 with respect to the corresponding properties or assets listed on Schedule 11.2 in accordance with the terms and conditions on the form of lease agreement attached hereto as Annex IV.
If all of the foregoing conditions precedent shall have been satisfied, each such Potential Property shall be deemed a Subject Property and an Equity Interests Property, Distribution Interests Property or an Additional Interests Property (consistent with Borrower’s designation pursuant to clause (a) above), and Administrative Agent may unilaterally amend Exhibits “C-1”, “C-2” and “C-3”, as applicable, to give effect to such addition and/or substitution.