Intercompany Distributions Sample Clauses

Intercompany Distributions. Client covenants that it shall not upstream, sidestream or downstream any funds advanced by Factor to an entity affiliated with it including, without limitation, to Client's subsidiary in England. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
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Intercompany Distributions. Restricted Payments may be declared and paid to the Borrower by direct or indirect wholly owned Subsidiaries of the Borrower.
Sample 1
Intercompany Distributions. Client covenants that it shall not upstream, sidestream or downstream any funds advanced by Factor to an entity affiliated with it.
Sample 1
Intercompany Distributions. To the extent that a PKS Group member has received a distribution from a member of the Kiewit Group or the Level 3 Group that results in any additional Combined State Income Tax Liability, then, for purposes of (and notwithstanding anything to the contrary in) Sections 3.3 (b) and (c), the amount of such distribution that is treated as taxable income of such Combined Group shall be allocated 100% to the group that includes the member that made such distribution. To the extent that a PKS Group member has received a distribution from a member of the Kiewit Group or the Level 3 Group that results in any additional (i) State Income Tax liability with respect to a member of the PKS Group (other than pursuant to a Combined State Income Tax Return) or (ii) Non-Apportioned State Income Tax Liability, then, for purposes of (and notwithstanding anything to the contrary in) Sections 3.3(d) and (j), the amount of such additional State Income Tax liability or Non-Apportioned State Income Tax Liability shall be allocated 100% to the group that includes the member that made such distribution.
Sample 1

Related to Intercompany Distributions

  • 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 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.

  • 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.

  • 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:

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Capital Contributions Distributions 10 SECTION 5.1

  • 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.

  • Regular Distributions Subject to the rights of the holders of Preferred Units ranking senior to or on parity with the Series H Preferred Units, the holders of Series H Preferred Units shall be entitled to receive on each Distribution Payment Date, out of assets of the Partnership legally available for the payment of the distributions, monthly cumulative cash distributions at the following rates per annum on the $1,000 liquidation preference per Series H Preferred Unit:

  • Allocations Distributions Each item of income, gain, loss, deduction and credit of the Company shall be allocated 100% to the Member. Each distribution of cash or other property by the Company shall be made 100% to the Member. Distributions shall be made to the Member at the times and in the amounts determined by the Member.

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