A Distribution definition

A Distribution means a transfer by a company of money or other assets of the company (other than its own shares) to, or to the order (or otherwise for the benefit) of, one or more holders of shares in that company or another company within the same group of companies, including any principal or interest in respect of amounts due (whether in respect of an intercompany or a shareholder loan or otherwise); any dividend (including any interest on any unpaid amount of a dividend), charge, fee, consideration or other distribution (whether in cash or in kind) on or in respect of its shares or share capital (or any class of its share capital); any repayment or distribution of any share premium account; and the payment of any management, advisory or other fee;
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A Distribution. Date is defined as the earlier of (i) the tenth day after the first public disclosure that any person or group (including an Affiliate or Associate of such group) acquired beneficial ownership or the right to acquire ownership of 20% or more of the outstanding Common Stock (such person or group being called an "Acquiring Person"), (ii) the occurrence of any "Triggering Event" or (iii) ten days after (or such later date as the Board may determine) the commencement or an announcement of an intention to commence a tender or exchange offer the consummation of which would result in the beneficial ownership of 30% or more of the outstanding Common Stock. A Triggering Event is generally defined as the earliest date on which an Acquiring Person engages in certain self-dealing transactions with the Company
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A Distribution will include not only a cash dividend, but any return of value to shareholders in CLPE Holdings Limited ("the Company"), including a distribution of profits or a return of capital. Where a Distribution is in a form other than cash, the board of directors of the Company ("the Board"), acting fairly and reasonably, will in any case where it is not possible for the participants from time to time under the Plan ("the Participants") to receive their allocations of the Distribution in the same form, determine the cash equivalent of the Distribution and the time at which such cash equivalent should be received by Participants so as to give the closest equivalent to receipt of their allocations of the Distribution itself. On each occasion on which the Company makes a Distribution, a separate amount equal to 10% of the Distribution ("the Participation Pool") will be distributed among the Participants, except such amounts allocated to the Discretionary Employee Bonus Pool as provided below. The funding and distribution of the Participation Pool will be an obligation of the Company.
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Examples of A Distribution in a sentence

  • A Distribution is payable only to the extent that payments are made in respect of the Debentures held by the Institutional Trustee and to the extent the Institutional Trustee has funds available therefor.

  • A Distribution is payable only to the extent that payments are made in respect of the Debentures held by the Property Trustee and to the extent the Property Trustee has funds available therefor.

  • A Distribution is payable only to the extent that payments are made in respect of the Debentures held by the Property Trustee and to the extent the Property Trustee has funds on hand legally available therefor.

  • Prior to the close of business on the third Business Day preceding each Distribution Date, the Master Servicer shall furnish a statement to the Trustee, any Paying Agent and the Seller (the information in such statement to be made available to Certificateholders by the Master Servicer on written request) setting forth the Class A Distribution Amount with respect to each Class of Class A Certificates and the Class B Distribution Amount with respect to each Class of Class B Certificates.

  • A Distribution is payable only to the extent that payments are made in respect of the Debentures held by the Property Trustee and to the extent the Property Trustee has funds legally available therefor.

  • A Distribution to any Member may not be made if it would cause the Company’s total liabilities to exceed the fair value of the Company’s total Assets.

  • If any Series A Distribution Payment Date otherwise would occur on a date that is not a Business Day, declared Series A Distributions shall be paid on the immediately succeeding Business Day without the accumulation of additional distributions.

  • A Distribution is payable only to the extent that payments are made in respect of the Debentures held by the Institutional Trustee and to the extent the Institutional Trustee has funds available in the Property Account therefor.

  • A Distribution will be made by the Property Trustee only to the extent that interest payments are made in respect of the Debentures held by the Property Trustee and to the extent the Trust has funds on hand legally available therefor.

  • A Distribution will be made by the Property Trustee only to the extent that interest payments are made in respect of the Debentures held by the Property Trustee.

Related to A Distribution

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Clause A Distribution shall have the meaning specified in Section 14.04(c).

  • Capital Distribution means, with respect to any Person, a payment made, liability incurred or other consideration given for the purchase, acquisition, repurchase, redemption or retirement of any Equity Interest of such Person or as a dividend, return of capital or other distribution in respect of any of such Person’s Equity Interests.

  • Cash Distribution means the distribution by the Company to all holders of its Common Stock of cash, other than any cash that is distributed upon a merger or consolidation to which Section 2(h) applies or as part of a distribution referred to in paragraph (4) of Section 2(b).

  • Final Distribution means any distribution made in redemption of all or a portion of the Up-MACRO Holding Shares pursuant to Section 5.2(a) or 5.2(c) on the Final Scheduled Termination Date, an Early Termination Date or a Redemption Date.