Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets;
Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets or the proceeds from a winding up, redemption, buy-back or liquidation of less than all of the Shares provided that, for the avoidance of doubt any amount realised from liquidation of the Charged Assets pursuant to an optional redemption shall not form part of the Distribution Proceeds;
Distribution Proceeds means an amount determined by the Calculation Agent being: (a) the proceeds of a dividend or other distribution in respect of the Charged Assets (including an interest payment under the Loan); less (b) any costs, expenses, taxes and duties incurred in connection with the receipt of such dividend or other revenue.
Examples of Distribution Proceeds in a sentence
Distribution Proceeds: An amount determined by the Calculation Agent being: (a) theproceeds of a dividend or other distribution in respect of the Charged Assets (including an interest payment under the Loan); less (b) any costs, expenses, taxes and duties incurred in connection with the receipt of such dividend or other revenue.
More Definitions of Distribution Proceeds
Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets, provided that, for the avoidance of doubt, any amount realised from a liquidation of the Charged Assets to fund the payment of fees or expenses of the Issuer or pursuant to a redemption or purchase of the Notes shall not form part of the Distribution Proceeds;
Distribution Proceeds means, (i) if substantive consolidation is granted, all Cash of the Debtors available on the Effective Date, after funding the Professional Fee Escrow Account, and thereafter all Cash of the Liquidating Trust from all sources, including the revenues and proceeds of all assets of the Debtors’ Estates or the Liquidating Trust, including, but not limited to, Causes of Action, as the case may be; or (ii) if substantive consolidation is not granted, for each Debtor, all cash of such Debtor available on the Effective Date, after funding such Debtor’s pro rata share of the Professional Fee Escrow Account, and thereafter all Cash of the Liquidating Trust from all sources attributable to such Debtor, including the revenues and proceeds of all assets of such Debtor’s Estate, including, but not limited to, Causes of Action, as the case may be.
Distribution Proceeds means the net amount remaining after deduction of any relevant tax on the Shares corresponding to the Units that are payable to a Unitholder by way of income earnings on his or her holding of Units under the ESOS;
Distribution Proceeds means all Cash of the Debtors available on the Effective Date after the funding of the Priority Claims Reserve, the Other Secured Claims Reserve, the Professional Fee Escrow Account, and the Wind-Down Reserve, available for distribution under Article VIII.G hereof.
Distribution Proceeds means all Cash remaining in the Distribution Reserve after payment in full or satisfaction of the (i) First Tier Claims, and (ii) the payment of, and reserving for, expenses of the Wind-Down Administrator.
Distribution Proceeds means all Cash of the Debtors available on the Effective Date, after funding the Professional Fee Escrow Account, and thereafter all Cash of the Debtors from all sources including without limitation the Settlement Amount, the revenues and proceeds of all assets of the Debtors and proceeds from all Causes of Action, available for use and distribution in accordance with the priorities set forth under Article