Special Distributions means distributions designated as a capital gain dividend within the meaning of Section 875(b)(3)(C) of the Code and any other distribution that the General Partner determines is not made in the ordinary course.

Special Distributions has the meaning set forth in Section 5(c).

Special Distributions means (i) any distribution of an interest in one of the RemainCo Partnerships and (ii) any leveraged distribution.

Examples of Special Distributions in a sentence

Award LTIP Units shall be treated as one-tenth of a Partnership Unit for purposes of Sections 6.2(a) and (b)(iii) of the Partnership Agreement, except that Award LTIP Units shall not be entitled to any Special Distributions except as provided in Section 2.4. Distributions with respect to an Award LTIP Unit issued during a fiscal quarter shall be prorated as provided in Section 6.2(c)(ii) of the Partnership Agreement.
The term "Distributions" as used herein includes such quarterly distributions, additional distributions on quarterly distributions not paid on the applicable Distribution Date, Special Distributions and Additional Sums, as applicable.
As used in the DRP, the term “Designated Special Distributions” shall mean those cash or other distributions designated as Designated Special Distributions by the Board of Directors.
In the sole determination of the Manager, Special Distributions identified in Section 3(a) may be payable on a regular frequency, not less than on an annual basis.
Until the Economic Capital Account Balance of a holder’s LTIP Units is equal to the Target Balance, such holder shall be entitled to Special Distributions attributable to the sale of an asset of the Partnership only to the extent the Partnership determines that such asset has appreciated in value subsequent to the Award Date.

More Definitions of Special Distributions

Special Distributions has the meaning set forth in Section 2(c) hereof.

Special Distributions means dividends or distributions to Guarantor’s shareholders (a) in an amount not exceeding $93,000,000 made solely with the proceeds of an initial public offering of stock by Guarantor in an amount not less than $138,000,000; (b) in an amount not to exceed $33,800,000, and (c) any other amounts as have been paid prior to the date of this Agreement.

Special Distributions has the meaning given such term in Section 7(a) hereof.

Special Distributions shall have the meaning set forth in Section 3.11 hereof.

Special Distributions has the meaning set forth in Section 16.3(c).

Special Distributions means, collectively, the CAC Special Distributions and the CEC Special Distributions.

Special Distributions means dividends or distributions to Guarantor’s shareholders (a) in an amount not exceeding $93,000,000 made solely with the net proceeds of an initial public offering of stock by Guarantor in an amount not less than $110,000,000; (b) in an amount not to exceed the sum of (i) $15,000,000 plus (ii) the amount, if any, by which the net proceeds received in an initial public offering or other sale of equity for cash shall exceed $138,000,000, but in no event in excess of $33,800,000;, and (c) any other amounts as have been paid prior to the date of this Agreement. For the purposes of clarity, the $93,000,000 amount set forth in clause (a) consists of the existing $68,000,000 accrued dividend payable and the existing $25,000,000 Dividend Distribution Promissory Note dated December 31, 2008 (the “Dividend Note”) issued by Guarantor. D. Effective upon Guarantor’s receipt of the proceeds of an initial public offering of stock of Guarantor of not less than $110,000,000, Section 6.8 of the Loan Agreement is deleted in its entirety, and, in lieu thereof, the following is inserted: