Distribution of Assets definition

Distribution of Assets means any distribution of assets of the Maker or any of its subsidiaries of any kind or character, whether a payment, purchase or other acquisition or retirement for cash, property, or securities, with respect to the Maker's obligations under this Note.

Distribution of Assets means any disbursal, conveyance, loan or transfer of cash, any asset of Borrower, or any other portion of the Mortgaged Property, other than in payment of Reasonable Operating Expenses.

Distribution of Assets any distribution of assets of the Borrower of any kind or character, whether in cash, property or securities, and whether in respect of repayment of indebtedness or otherwise, including, but not limited to, adequate protection payments under the Bankruptcy Code.

Examples of Distribution of Assets in a sentence

• This pro- cess has been replaced by a similar process, the Distribution of Assets Process.

• To ensure accuracy in processing the payment made by a school, when returning the federal share of the Excess Liquid Capital or fed- eral share of funds distributed under the Distribution of Assets pro- cess, the school should follow the instructions for the “Xxxxxxx Excess Cash” refund type in G5 (xxxxx://x0.xxx).

• Distribution of Assets Electronic Announcements of September 10, 2019 & October 15, 2019 HEA Sec.

• Producing Assets Geographical Distribution of Assets 610432913 Canadian Malartic Royalty (Agnico Eagle Mines Limited and Yamana Gold Inc.) The Company’s cornerstone asset is a 5% NSR royalty on the Canadian Malartic property which is located in Malartic, Québec, and operated by the Canadian Malartic General Partnership (the “Partnership”) formed by Agnico Eagle Mines Limited (“Agnico Eagle”) and Yamana Gold Inc.

• Notwithstanding Section 36 of this Agreement, Transactions with Affiliates that are not arm’s- length shall be considered a Distribution of Assets and subject to the provisions in Section 18.

More Definitions of Distribution of Assets

Distribution of Assets means a voluntary or involuntary liquidation, dissolution or winding-up of the affairs of the Corporation or any other distribution to its shareholders of all or substantially all of the assets of the Corporation, including in connection with and following an Asset Sale;

Distribution of Assets means any distribution of assets of the Company or any of its Subsidiaries of any kind or character, whether (i) a payment, purchase or other acquisition or retirement for cash, property or securities or (ii) by way of cancellation, forgiveness or offset of the Securities against any Indebtedness owed by the Holders to the Company or any of its Subsidiaries or (iii) payable or deliverable by reason of the payment of any other Indebtedness of the Company or any of its Subsidiaries being subordinated to the payment of the Securities and, in any case, shall include any assets of any kind or character received by the Holders in connection with the realization of security, if any, for the Securities.

Distribution of Assets. Upon the termination of any trust, share in trust, or any interest in any trust created herein, the Trustee may distribute assets in kind, including undivided interests therein, and may do so without regard to the income tax basis of specific property allocated to any beneficiary. The Trustee shall not be required to distribute assets of the trust estate, or interests therein, pro rata to the beneficiaries receiving such distributions, but may, in the exercise of the Trustee's discretion, make non-pro rata distributions, so long as the distributees receive assets of a value equal to the value of their respective interest in the trust as of the time of distribution.

Distribution of Assets means any distribution of the Assets or in respect thereof, or of the proceeds thereof, of any kind or character, whether in cash, property, or securities, and whether in respect of repayment of indebtedness or otherwise, and whether upon foreclosure, sale, liquidation or other disposition of the Assets by the parties or either of them as secured creditors, including, but not limited to, adequate protection payments under the Bankruptcy Code.

Distribution of Assets means any distribution of assets of the ---------------------- Company of any kind or character, including without limitation (a) a payment, purchase or other acquisition or retirement for cash, property or securities or (b) by way of cancellation, forgiveness or offset of the indebtedness evidenced by this Subordinated Note against any indebtedness owed by the Subordinated Payee of this Subordinated Note to the Company or (c) payable or deliverable by reason of the payment of any other indebtedness of the Company being subordinated to the payment of this Subordinated Note.

Distribution of Assets has the meaning given that term in Article 9 of the Uniform Commercial Code adopted in the State.

Distribution of Assets means a distribution of assets in the event of liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of assets of the Corporation among its shareholders for the purpose of winding-up its affairs.