Quarterly Distributions means the aggregate amount of cash distributions paid to Stockholders during a calendar quarter.

Quarterly Distributions means with respect to the Borrower, the distributions by the Borrower of Available Cash (as defined in the Limited Partnership Agreement (Borrower) as in effect on the Closing Date) or with respect to MLP, the distributions by the MLP of Available Cash (as defined in the Limited Partnership Agreement (MLP) as in effect on the Closing Date).

Quarterly Distributions has the meaning assigned to such term in the Holdco LLC Agreement; provided that for purposes of this Agreement, such amounts shall be calculated with regard to any adjustments pursuant to any Code Section 754 election if (x) an Event of Default has occurred, is continuing or would result from any such Distribution and (y) (i) the Termination Date has not occurred, (ii) the Required Lenders have not waived such Event of Default, and (iii) three (3) months have not passed since the occurrence of the Event of Default.

Examples of Quarterly Distributions in a sentence

Quarterly Distributions The Department will review each file upon submission for compliance with requirements.
In addition to Quarterly Distributions, additional distributions of Available Cash may be made to the Members in accordance with their respective Percentage Interest at the discretion of the Founding Member.
Any such reduction in the aggregate amount of a Quarterly Distribution shall be allocated among the Members in proportion to the amounts of their respective Quarterly Distributions prior to such reduction.
In the event of a distribution that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distributions shall be reduced in the same proportion that the amount or value of distribution per Unit bears to the Current Market Price per Common Unit immediately prior to the declaration of the distribution.
The amounts by which any Quarterly Distributions are so reduced shall be distributed on the first succeeding Distribution Date on which there is sufficient Available Cash.

More Definitions of Quarterly Distributions

Quarterly Distributions means with respect to the Borrower, the distributions by the Borrower of Available Cash (as defined in the Limited Liability Company Agreement (Borrower)) or with respect to MLP, the distributions by the MLP of Available Cash (as defined in the Partnership Agreement (MLP)).

Quarterly Distributions means (i) with respect to the Borrower, the distributions by the Borrower of Available Cash (as defined in the Borrower Partnership Agreement) or (ii) with respect to the Parent, the distributions by the Parent of Available Cash (as defined in the Parent Partnership Agreement).

Quarterly Distributions means the distributions by the Parent of Available Cash.

Quarterly Distributions means cash distributions by the Company to the Partners during any fiscal quarter in amounts that do not exceed the Available Cash for the immediately preceding fiscal quarter.

Quarterly Distributions has the meaning set forth in Section 5.4.

Quarterly Distributions means the distributions by the Borrower of Available Cash (as defined in the Partnership Agreement).

Quarterly Distributions means (a) with respect to the Borrower, the distributions by the Borrower of Available Cash (as defined in the Limited Partnership Agreement (Borrower) as in effect on the Closing Date), or (b) with respect to MLP, the distributions by the MLP of Available Cash (as defined in the Limited Partnership Agreement (MLP) as in effect on the Closing Date).