Contributed Cash Distribution Sample Clauses

Contributed Cash Distribution. At the Closing, immediately after the formation of HoldCo pursuant to Section 3.5 hereof, HoldCo shall distribute $200,000,000 in cash to BAM and the Transferring Partnerships (such distribution by HoldCo to BAM and the Transferring Partnerships is referred to herein as the "Contributed Cash Distribution", and, together with the Financing Distribution, is referred to herein as the "BAM Capital Distribution"), which Contributed Cash Distribution shall be apportioned between BAM and the Transferring Partnerships and among the Transferring Partnerships as set forth on Exhibit A-1."
Sample 1Sample 2
AutoNDA by SimpleDocs
Contributed Cash Distribution. At the Closing, immediately prior to ----------------------------- the formation of HoldCo pursuant to Section 3.5 hereof, OpCo shall cause to be made to HoldCo Sub a cash distribution of $200,000,000, all of which shall be used to make a cash distribution to HoldCo after Closing in the amount of $200,000,000, who will then immediately distribute such cash to BAM and the Transferring Partnerships (such distribution by HoldCo to BAM and the Transferring Partnerships is referred to herein as the "Contributed Cash ---------------- Distribution", and, together with the Financing Distribution, is referred to ------------ herein as the "BAM Capital Distribution"), which Contributed Cash Distribution ------------------------ shall be apportioned -17- between BAM and the Transferring Partnerships and among the Transferring Partnerships as set forth on EXHIBIT A-1.
Sample 1
Contributed Cash Distribution. In connection with making the Initial Capital Contributions and each Additional Capital Contribution, the Company shall distribute the Contributed Cash Distribution and the Financing Distribution, if any, as specified in the Formation Agreement to the Xxxxxxxx Members participating in such capital contribution (or their successors in interest).
Sample 1
Contributed Cash Distribution. At the Closing, immediately prior to the formation of HoldCo pursuant to Section 3.5 hereof, OpCo shall cause to be made to HoldCo Sub a cash distribution of $200,000,000, all of which shall be used to make a cash distribution to HoldCo after Closing in the amount of $200,000,000, who will then immediately distribute such cash to BAM and the Transferring Partnerships (such distribution by HoldCo to BAM and the Transferring Partnerships is referred to herein as the "Contributed Cash Distribution", and, together with the Financing Distribution, is referred to herein as the "BAM Capital Distribution"), which Contributed Cash Distribution shall be apportioned between BAM and the Transferring Partnerships and among the Transferring Partnerships as set forth on Exhibit A-1.
Sample 1

Related to Contributed Cash Distribution

  • Cash Distributions Whenever the Depositary receives confirmation from the Custodian of the receipt of any cash dividend or other cash distribution on any Deposited Securities, or receives proceeds from the sale of any Deposited Securities or any other entitlements held in respect of Deposited Securities under the terms hereof, the Depositary will (i) if at the time of receipt thereof any amounts received in a Foreign Currency can in the judgment of the Depositary (pursuant to Section 4.8) be converted on a practicable basis into Dollars transferable to the United States, promptly convert or cause to be converted such cash dividend, distribution or proceeds into Dollars (on the terms described in Section 4.8), (ii) if applicable, establish the ADS Record Date upon the terms described in Section 4.9, and (iii) distribute promptly the amount thus received (net of (a) the applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes withheld) to the Holders entitled thereto as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date. The Depositary shall distribute only such amount, however, as can be distributed without attributing to any Holder a fraction of one cent, and any balance not so distributed shall be held by the Depositary (without liability for interest thereon) and shall be added to and become part of the next sum received by the Depositary for distribution to Holders of ADSs outstanding at the time of the next distribution. If the Company, the Custodian or the Depositary is required to withhold and does withhold from any cash dividend or other cash distribution in respect of any Deposited Securities an amount on account of taxes, duties or other governmental charges, the amount distributed to Holders on the ADSs representing such Deposited Securities shall be reduced accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the Depositary to the relevant governmental authority. Evidence of payment thereof by the Company shall be forwarded by the Company to the Depositary upon request.

  • Non-Cash Distributions If the Security Agent or any other Secured Party receives a distribution in a form other than in cash in respect of any of the Liabilities, the Liabilities will not be reduced by that distribution until and except to the extent that the realisation proceeds are actually applied towards the Liabilities.

  • Cash Distribution Fee by any Holder of ADSs, a fee not in excess of U.S. $5.00 per 100 ADSs (or fraction thereof) held for the distribution of cash dividends or other cash distributions (e.g., upon a sale of rights and other entitlements);

  • Subsidiary Distributions (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries that are not Guarantors to, directly or indirectly, create or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

  • Residual Distributions If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Corporation ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

  • Capital Contributions Distributions 10 SECTION 5.1

  • Cash Flow Distributions The Cash Flow of the Company, if any, shall be distributed to the Member subject to any limitations on the Company’s ability to make distributions imposed by the Company’s lenders or by applicable law.

  • Deemed Distribution and Recontribution Notwithstanding any other provision of this Article 13, in the event the Partnership is liquidated within the meaning of Regulations Section 1.704-1(b)(2)(ii)(g) but no Liquidating Event has occurred, the Partnership's property shall not be liquidated, the Partnership's liabilities shall not be paid or discharged, and the Partnership's affairs shall not be wound up. Instead, the Partnership shall be deemed to have distributed the Partnership property in kind to the General Partner and Limited Partners, who shall be deemed to have assumed and taken such property subject to all Partnership liabilities, all in accordance with their respective Capital Accounts. Immediately thereafter, the General Partner and Limited Partners shall be deemed to have recontributed the Partnership property in kind to the Partnership, which shall be deemed to have assumed and taken such property subject to all such liabilities.

  • Final Distributions Section 8.01. Sale of Receivables or Certificateholders' Interest pursuant to Section 2.06 or 10.01 of the Agreement and Section 7.01 or 7.02 of this Supplement.

  • Final Distribution The liquidator will distribute any assets remaining after the discharge or accommodation of the Company’s debts, obligations and liabilities to the Member.

Time is Money Join Law Insider Premium to draft better contracts faster.