Second Distribution definition

Second Distribution means, in the event the Carrier Effective Time and the Otis Effective Time do not occur at the same time, the second to occur of the Carrier Distribution and the Otis Distribution.

Second Distribution shall have the meaning set forth in the Separation and Distribution Agreement.

Second Distribution has the meaning set forth in the Recitals.

Examples of Second Distribution in a sentence

• After the First Effective Time, this Agreement may not be terminated except by an agreement in writing signed by a duly authorized officer of each of the Parties, it being understood that, subject to Section 10.14, the Second Distribution may be amended, modified or abandoned at any time prior to the Second Effective Time by UTC, in its sole and absolute discretion, without the approval or consent of Carrier or Otis.

• Collectively, each of the Carlyle Holders First Distribution Amount, the Carlyle Holders Second Distribution Amount and the Carlyle Holders Third Distribution Amount.

• Id. To the extent the Reserve is not depleted, the remainder will be distributed in the Second Distribution.

• Checks issued pursuant to the Second Distribution will be valid for 120 days from the date on the check.

• Money in the Settlement Fund that has not been distributed after the expiration of checks issued pursuant to the Second Distribution as set forth in subparagraph ii.

More Definitions of Second Distribution

Second Distribution has the meaning assigned to such term in the recitals to this Agreement.

Second Distribution shall have the meaning set forth in paragraph G of the recitals.

Second Distribution has the meaning set forth in Section 2.1(h).

Second Distribution means the distribution by RGHL of all of the common stock of RCPI to its shareholder.

Second Distribution has the meaning set forth in the Recitals of this Agreement.

Second Distribution has the meaning set forth in the definition of "Viasys-Caused Taxes".

Second Distribution means Distributions made to holders of Non Opt-Out Settled Admin Claims up to a percentage recovery equal to the Initial Recovery; provided, that, for the avoidance of doubt, there shall be no Second Distribution until the Minimum Conditions are satisfied.