Special Cash Distribution definition

Special Cash Distribution means the Crane Company Special Cash Amount Distribution set forth in the Separation Agreement.
Special Cash Distribution means any proceeds distributed to the holder of Common Units arising from (A) any financing, refinancing, re-leveraging or similar transaction by the Optionor or any subsidiary of the Optionor or (B) any sale, transfer or other disposition of a material amount the assets of the Optionor or any subsidiary of the Optionor. For the avoidance of doubt, a Special Cash Distribution shall in no event be a negative amount.

Examples of Special Cash Distribution in a sentence

  • A percentage of the portion of such distribution to which Cemex would otherwise be entitled equal to one minus the Applicable Tax Rate shall be paid to RMUSA (the amount so paid to RMUSA is referred to herein as the "Cemex Post-Exercise Special Cash Distribution") and credited against the Initial Payment (as defined below).

  • For example, if the Purchase Price is $700,000,000 and the Cemex Post-Exercise Special Cash Distribution is $5,001,000, and assuming no Cemex Post-Exercise Regular Cash Distributions or prepayments are made, then $274,999,000 shall be paid by Cemex, Inc.

  • For items presented in proper form, you shall make payment of the Common Units and applicable Special Cash Distribution (in connection with the Exchange Offer) and any required tax withholdings after expiration of the Exchange Offer and notice to you of Ensource’s acceptance of all Depositary Units validly tendered pursuant to the applicable instructions set forth in the Letter of Transmittal.

  • On the Closing Date, Patriot shall file or cause to be filed a notice pursuant to Rule 10b-17 with NASDAQ with regard to the Special Cash Distribution.

  • Patriot shall deliver to Interwest Stock Transfer, Inc., as the paying agent for the Special Cash Distribution, immediately available funds in the amount of $576,690, together with an executed copy of a paying agent agreement and irrevocable instructions instructing the paying agent to pay the Special Cash Distribution on the payment date to the shareholders of record of Patriot common stock on the record date for the Special Cash Distribution.