Redirected Distribution Amount means any amounts paid by the Partnership to any Class A-II Representative Indemnitee pursuant to Section 7 of Exhibit F in connection with, as a result of or arising out of any claim, demand, proceeding or litigation asserted by any holder of Class A-II Units (such holder, an “Asserting Party”) and not reimbursed by the Asserting Party or the other holders of Class A-II Units within 30 days of demand therefor.
Redirected Distribution Amount means, other than MAC Cure Amounts, the amount of Adjustment Loss attributable to a Redirected Partner.
Redirected Distribution Amount. As to any Distribution Date, prior to giving effect to any amounts distributable to Class B Certificateholders on such Distribution Date, with respect to which the Class B Principal Balance is less than or equal to the Minimum Required Class B Principal Balance, the Redirected Distribution Amount shall be equal to the amount otherwise distributable to holders of the Class B Certificates as Class B Distribution on such Distribution Date in excess of the sum of clauses (y)(i) and (y)(ii) under the definition of Class B Distribution for such Distribution Date. As to any Distribution Date with respect to which the Class B Principal Balance is greater than the Minimum Required Class B Principal Balance, the Redirected Distribution Amount shall be an amount equal to the excess, if any, of (A) the amount, if any, otherwise distributable to holders of the Class B Certificates on such Distribution Date in excess of the sum of clauses (y)(i) and (y)(ii) under the definition of the Class B Distribution for such Distribution Date, over (B) the amount of the difference between the Class B Principal Balance on such Distribution Date and the Minimum Required Class B Principal Balance.
Examples of Redirected Distribution Amount in a sentence
In the event of a dispute with respect to any such Post-Closing Return, the disputed amounts become a Redirected Distribution Amount of the Disputing Party promptly when such items in dispute are resolved pursuant Section 8.13(g).
No amount treated as a Redirected Distribution Amount pursuant to this Section 8.13(b) shall excuse the Disputing Party from its indemnification obligations (if any) pursuant to Article X if the amount of Taxes as ultimately determined (on audit or otherwise) for the periods covered by such Pre-Closing Returns exceeds the amount of the Redirected Distribution Amount under this Section 8.13(b).
More Definitions of Redirected Distribution Amount
Redirected Distribution Amount has the meaning given such term in the LP Agreement.