Specified Distribution definition

Specified Distribution a distribution by the Company or any of its Subsidiaries to the shareholders of the Company of all or any portion of the Capital Stock of any Person that owns or operates, directly or indirectly, any material portion of the Company’s “Metals and Minerals” business segment.

Specified Distribution has the meaning specified in Section 7.06(p).

Specified Distribution means a distribution of from Utilities, Inc. to HSHC. For the purposes of clarity, the distribution or dividend of the Cabarrus Xxxxx Retained Amount, the Xxxxxxxxx Farms Amount, the Xxxxx Creek Amount and/or the Bayside Amount shall not (i) be considered to be the distribution of all of any portion of the Specified Dividend and (ii) be taken into account when calculating the Specified Distribution Adjustment Amount.

Examples of Specified Distribution in a sentence

• The Specified Distribution Date for the Special Purpose Subaccount shall be the month and year designated by the Participant on his or her initial Deferral Agreement establishing that Special Purpose Subaccount, unless otherwise modified in accordance with the provisions of Section 5.03.

• For purposes of this paragraph, “Series I Specified Distribution Amount” means an amount that is the greater of (A) the amount of the highest previously paid Quarterly Distribution, on a per Common Unit basis, after the date of the Energy Transfer Merger (as adjusted for combinations, splits, subdivision and similar transactions) and (B) the amount equal to 115% of the Quarterly Distribution, on a per Common Unit basis, for the immediately preceding Quarter.

• In the event that amounts are mistakenly credited to a Scheduled Distribution Account having no Specified Distribution Date or a noncompliant commencement date, payments from such Account shall commence on Separation from Service and shall be distributed in the form of a single lump sum.

• A Participant may irrevocably elect to receive a distribution from the Plan of his or her vested Specified Date Payout Account Balance on a Specified Distribution Date.

• By way of example, if a Specified Distribution Date is elected for amounts or awards that are deferred in the Plan Year commencing January 1, 2003, the Specified Distribution Date could be no earlier than January 1, 2009.

More Definitions of Specified Distribution

Specified Distribution means a dividend or distribution to the holders of the Equity Interests of the Borrower in an aggregate amount not to exceed $350,000,000.

Specified Distribution the one-time special distribution to the existing shareholders of Milacron Holdings in an aggregate amount not to exceed $145,000,000.

Specified Distribution means a distribution made by Holdings on the Effective Date to fund a portion of the Merger Consideration and to pay the fees and expenses incurred in connection with the Transactions.

Specified Distribution means that certain distribution to be made by Company to Holdings and from Holdings to its members on the Effective Date in an amount not to exceed $54,000,000.

Specified Distribution means a distribution by the Parent of up to $200 million to Pharmacy and Clinic on the Effective Date.

Specified Distribution means the Restricted Payment in an aggregate amount not to exceed $50,000,000 by the Borrower and any Intermediate Parent to any Intermediate Parent and Holdings, which will be used by Holdings to make a Restricted Payment to its direct or indirect shareholders on or after the First Amendment Funding Date and prior to the expiration of the Supplemental Term Loan Availability Period (or such later date as may be agreed to by the Administrative Agent in its sole discretion), which amount shall be funded solely by the net cash proceeds of the Supplemental Term Loans and unrestricted available cash.

Specified Distribution means Restricted Payments permitted under Section 7.06(n) and/or Investments permitted under Section 7.02(aa), in lieu thereof.