Distribution Percentage definition

Distribution Percentage means a percentage determined for each holder of Common Units by dividing the aggregate Common Units of such holder by the aggregate Common Units of all holders of Common Units entitled to distributions at the time of such determination.

Distribution Percentage means, with respect to any Partner for any Investment, a fraction, expressed as a percentage, the numerator of which is the Capital Contribution Value of such Partner, as the case may be, in connection with the acquisition by the Fund of such Investment (and all additional investment therein) and the denominator of which is the sum of the Capital Contribution Values of all the Partners in connection with the acquisition by the Fund of such Investment (and all additional investment therein).

Distribution Percentage means, with respect to any Allowed Claim in Class 3, at any time, a total of forty-five percent (45%) of each Allowed General Unsecured Claim, subject to pro rata reduction based upon allowance of any Class 4 Claims in accordance with Section 3.4.2.

Examples of Distribution Percentage in a sentence

• General Partner may thereafter take reasonable steps to discontinue such Limited Partner’s participation in such Portfolio Investment, including causing a portion of such Portfolio Investment equal to such Limited Partner’s Distribution Percentage thereof promptly to be sold.

• General Partner shall have the authority to cause the Fund to make distributions to the Partners pro rata to their respective Distribution Percentage for each Partner, of such Partner’s aggregate amount of estimated taxes payable by such Partner with respect to Portfolio Liquidity Results cumulatively allocated to such Partner in accordance with this Agreement and not otherwise offset by allocations of Fund losses and other deductions allocated to the Fund.

• The liability of the Venturers under this Subsection shall be several, and not joint, and shall be shared in proportion to the Distribution Percentage Interests of the Venturers.

• If Class A5 rejects the Plan, then on or as soon as reasonably practicable after the Final Distribution Date, the Reorganized Debtors shall irrevocably transfer and assign to the Asbestos Personal Injury Trust for allocation to the OC Sub-Account the following: (i) Cash in an amount equal to the Class A7 Final Distribution Percentage of Excess Available Cash and (ii) shares of New OCD Common Stock in an aggregate number equal to the Class A7 Final Distribution Percentage of the Excess New OCD Common Stock.

• Note: Under the current Spending Policy, the Annual Distribution Percentage may be up to 5% per year.

More Definitions of Distribution Percentage

Distribution Percentage. As to the Senior Certificates in a Certificate Group: 100% minus the product of (i) the Applicable Multiplier and (ii) the sum of the applicable Original Credit Support Percentage and the applicable Required OC Percentage as of the Cut-Off Date. As to any Class of Subordinate Certificates in a Certificate Group, 100% minus the product of (i) the Applicable Multiplier and (ii) the sum of the applicable Original Credit Support Percentage and the applicable Required OC Percentage as of the Cut-Off Date.

Distribution Percentage. For either Loan Group and Distribution Date, the percentage equivalent of a fraction, the numerator of which is the Principal Remittance Amount for that Loan Group and Distribution Date and the denominator of which is the aggregate Principal Remittance Amount for both Loan Groups for that Distribution Date.

Distribution Percentage. Means, with respect to each Unit Holder, a percentage equal to the number of Units held by such Unit Holder divided by the number of Units held by all Unit Holders.

Distribution Percentage means, with respect to each Member as of the end of a calendar quarter, a percentage equal to the Percentage Interest of such Member; provided, however, that if a Member has terminated its participation in the Trading Activities pursuant to Section 9.3, then during all periods of time during which such Member is a Terminating Member, the Terminating Member’s Distribution Percentage shall be equal to 15% and the Non-Terminating Member’s Distribution Percentage shall be equal to 85%, in each case subject to Section 9.3(b)(v).

Distribution Percentage means, at any date, (i) 65%, if on such date Monthly Exposure is less than 50% of the Debt Limit on such date and (ii) otherwise, 50%.

Distribution Percentage means the percentage set forth opposite such Landmark Partner’s name in the “Distribution Percentage” column of Exhibit E.

Distribution Percentage means, as of any date of determination, with respect to (a) any holder of Class A Units or Class B Units on such date, the product (in the form of a percentage) of (i) such holder’s Class A Percentage Interest or Class B Percentage Interest, as applicable, multiplied by (ii) the percentage of Available Cash paid to all holders of Class A Units or Class B Units, as applicable, on such date of determination pursuant to Section 5.01; and (b) any Person holding of both Class A Units and Class B Units, the sum of such Person’s Distribution Percentage in respect of its Class A Units on such date of determination calculated in accordance with the foregoing clause (a) and such Person’s Distribution Percentage in respect of its Class B Units calculated on such date of determination in accordance with the foregoing clause (a); provided, however, that, solely for purposes of calculating Distribution Percentages of Members for Capital Calls under Section 4.04(a), the number of Class B Units held by NEP Class B Parties will be excluded from the total number of Class B Units outstanding in the calculation of each other Member’s Distribution Percentage (including the calculation of the Class B Percentage Interest of each Other Class B Party).