ORDINARY COURSE DISTRIBUTIONS. (This Section 13.4 applies unless the provisions of Section 14.6 (which relates to distributions in the event of a Liquidation) becomes operative).
ORDINARY COURSE DISTRIBUTIONS. (a) The Board of Managers shall cause the Company to distribute to the Common Members, out of funds legally available for distribution, pro rata in accordance with their Common Units and not later than 90 days following the end of each Fiscal Year, an aggregate amount determined by a Majority in Interest of the Common Members, not to exceed $400 million, for each such Fiscal Year.
ORDINARY COURSE DISTRIBUTIONS. This Section 3.4 applies unless the provisions of Section 13.6 (which relates to distributions in the event of a Liquidation) becomes operative.
ORDINARY COURSE DISTRIBUTIONS. CREDIT FACILITIES. (This Section 12.4 applies unless the provisions of Section 13.6 (which relates to distributions in the event of a Liquidation) become operative).
ORDINARY COURSE DISTRIBUTIONS. (a) Except as otherwise provided in Section 18.6, below (which relates to distributions on account of Liquidation), the Agent promptly shall distribute to the SwingLine Lender and the respective Lenders, payments made by the Borrower on account of the Revolving Credit Loans, to the extent such payments are actually received and collected by the Agent in the following order and priority:
ORDINARY COURSE DISTRIBUTIONS. (This Section 12.4 applies, and sets forth rights and obligations amongst the Lenders only, unless the provisions of Section 13.6 (which relates to distributions in the event of a Liquidation) become operative).
ORDINARY COURSE DISTRIBUTIONS. Subject to the other provisions of this Agreement, including Section 4.3 and Section 9, and Section 5 of the License Agreement, prior to the dissolution of the Company, the Company shall distribute cash or assets to the Members in such amounts, at such times and as of such record dates as the Managing Board determines, as long as such distributions are in accordance with the Members’ respective Percentage Interests.
ORDINARY COURSE DISTRIBUTIONS. THE TRANCHE B LOAN (This Section 13.5 applies unless the provisions of Section 14.7 (which relates to distributions in the event of a Liquidation) become operative).
ORDINARY COURSE DISTRIBUTIONS. (This Section 12-4 applies, and sets forth rights and obligations amongst the Lenders only, unless the provisions of Section 13-6 (which relates to distributions in the event of a Liquidation) becomes operative).
ORDINARY COURSE DISTRIBUTIONS. This Section 12:12-4 applies unless the provisions of Section 13:13-6 (which relates to distributions in the event of a Liquidation) becomes operative. (a) Weekly, on such day as may be set from time to time by the Agent (or more frequently at the Agent's option) the Agent and each Revolving Credit Lender shall settle up on amounts advanced under the Revolving Credit and collected funds received in the Boston Concentration Account. (b) The Agent shall distribute to the SwingLine Lender and to each Revolving Credit Lender, such Person's respective Pro-Rata share of interest payments on the Revolving Credit Loans when actually received and collected by the Agent. For purposes of calculating interest due to a Revolving Credit Lender, that Revolving Credit Lender shall be entitled to receive interest on the actual amount contributed by that Revolving Credit Lender towards the principal balance of the Revolving Credit Loans outstanding during the applicable period covered by the interest payment made by the Borrowers. Any net principal reductions to the Revolving Credit Loans received by the Agent in accordance with the Loan Documents during such period shall not reduce such actual amount so contributed, for purposes of calculation of interest due to that Revolving Credit Lender, until the Agent has distributed to that Revolving Credit Lender its Pro-Rata share thereof. (c) The Agent shall distribute fees paid on account of the Revolving Credit, as follows: (i) Revolving Credit Commitment Fee: As provided by separate agreement between the Agent and each respective Revolving Credit Lender. (ii) Agent's Fee: Retained by and for the account of the Agent. (iii) Fees described in Section 2:2-20(b) (which relates to fees associated with, among other things, the issuance of L/C's): Retained by the Issuer. (iv) All other fees: To the Revolving Credit Lenders, based on their respective Revolving Credit Percentage Commitments. (d) No Revolving Credit Lender shall have any interest in, or right to receive any part of, the Agent's Fee to be paid by the Borrower to the Agent pursuant to this Agreement.
