Distribution Demand definition

Distribution Demand means that the Distribution Demanding Member may require the Company (and if applicable, require the Company to cause any Affiliate of the Company which owns the common equity of the Entity subject to the Initial Public Offering to make a distribution of the Distributed Securities to the Company), by submitting a demand therefor, to make a distribution (the “Securities Distribution”) to the Distribution Demanding Member, pro rata in accordance with their Preferred Units, of Securities (“Distributed Securities”) of the Entity subject to the Initial Public Offering held by the Company (or any Affiliate of the Company which owns the common equity of the Entity subject to the Initial Public Offering) with an aggregate Trading Value not to exceed the then current aggregate Liquidation Preference applicable to the Preferred Units held by the Distribution Demanding Member, as applicable; provided, however, that the Liquidation Preference shall be reduced by the Trading Value of any Distributed Securities distributed to the Distribution Demanding Member. The Securities Distribution shall be made by the Company concurrently with and as a condition precedent to the closing of a sale by the Distribution Demanding Member of the Distributed Securities (which sale would be subject to any restrictions or lock-up periods they may be subject to at such time or otherwise having been agreed to by the Preferred Members pursuant to Section 11.14 or otherwise); and provided further that, without in any way limiting the Company’s obligations hereunder to effect the Securities Distribution, if the Preferred Members or any of their Affiliates Control (or have the right to obtain Control of) the Company or the AIG Member, the Company shall not be permitted to purchase any Distributed Securities from the Preferred Members.
Distribution Demand has the meaning set forth in Section 5.04(b) Section 1.41 “Distribution Demanding Member” has the meaning set forth in Section
Distribution Demand has the meaning set forth in Section 5.04(b) hereof.

Examples of Distribution Demand in a sentence

  • From time to time after the Distribution, Demand Media shall promptly reimburse Rightside, upon Rightside’s reasonable request and the presentation by Rightside of such substantiating documentation as Demand Media shall reasonably require, for the cost of any obligations or Liabilities satisfied or assumed by a Rightside Entity that are the responsibility of a Demand Media Entity pursuant to this Agreement.

  • The discounts shall only apply to the following base rate charges, if applicable to Customer: Distribution Demand, Generation and Transmission Demand, and Energy.

  • The Distribution Demand Charges shall be those provided in Rate Schedule Ethanol Plant and shall remain the same for the five years after commencement of significant service to the Customer.

  • The Distribution Demand Charge recovers carrying cost of the facilities necessary to serve the load and not directly assignable to the Ethanol Plant.

  • Facilities Charge: $8,000.00 per month Distribution Demand Charges: $2.15 per kW-Month Power Supply Demand Charges: $6.70 per kW-Month Energy Charge: $0.01964 per kWh The Power Supply Demand and Energy Charge may be revised any time the Basin Electric Power Cooperative (Basin) wholesale rate to Minnesota Valley is changed.


More Definitions of Distribution Demand

Distribution Demand means the varying demand for the supply of gas, as determined by Union, on Union's pipeline and distribution system for users of gas who are supplied or delivered gas by Union's pipeline and distribution system;
Distribution Demand means that the Distribution Demanding Member may require the Company (and if applicable, require the Company to cause any Affiliate of the Company which owns the common equity of the Entity subject to the Initial Public Offering to make a distribution of the Distributed Securities to the Company), by submitting a demand therefor, to make a distribution (the “Securities Distribution”) to the Distribution Demanding Member, pro-rata in accordance with their Preferred Units, of Securities (“Distributed Securities”) of the Entity subject to the Initial Public Offering held by the Company (or any Affiliate of the Company which owns the common equity of the Entity subject to the Initial Public Offering) with an aggregate Trading Value not to exceed the then current aggregate Liquidation Preference applicable to the Preferred Units held by the Distribution Demanding Member, as applicable; provided, however, that the Liquidation Preference shall be reduced by the Trading Value of any Distributed Securities distributed to the