Common use of Interim Distributions Clause in Contracts

Interim Distributions. Absent a Monetary Event of Default which has occurred and is continuing, all Interim Distributions may be released from the Account to Borrower or disbursed by Borrower to pay tax obligations of the Borrower, and of Xxxxxxxxx Capital Partners, LLC, Xxxxxxxxx & Co. LLC and Xxxxxxxxx Cogent LP; and for other general corporate purposes.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement (Greenhill & Co Inc)

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Interim Distributions. Absent a Monetary Event of Default which has occurred and is continuing, all Interim Distributions may be released from the Account to Borrower or disbursed by Borrower to pay tax obligations of the Borrower, and of Xxxxxxxxx Capital Partners, LLC, Xxxxxxxxx & Co. LLC and Xxxxxxxxx Cogent Partners LP; and for other general corporate purposes.

Appears in 2 contracts

Samples: Security Agreement (Greenhill & Co Inc), Security Agreement (Greenhill & Co Inc)

Interim Distributions. Absent a Monetary Event of Default which has occurred and is continuing, all Interim Distributions may be released from the Account to Borrower or disbursed by Borrower to pay tax obligations of the Borrower, Borrower and of Xxxxxxxxx Capital Partners, LLC, Xxxxxxxxx & Co. LLC and Xxxxxxxxx Cogent LP; and for other general corporate purposes.

Appears in 1 contract

Samples: Security Agreement (Greenhill & Co Inc)

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Interim Distributions. Absent a Monetary Event of Default which has occurred and is continuing, all Interim Distributions may be released from the Account to Borrower or disbursed by Borrower to pay tax obligations of the Borrower, and of Xxxxxxxxx Capital Partners, LLC; Xxxxxxxxx Capital Partners II, LLC and of Xxxxxxxxx & Co. LLC and Xxxxxxxxx Cogent LPLLC; and for other general corporate purposes.

Appears in 1 contract

Samples: Form of Security Agreement LLC Distributions (Greenhill & Co Inc)

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