Distribution Share definition
Examples of Distribution Share in a sentence
Subject to Section 4.2, profits and losses of the Company and, items of taxable income, gain, loss, deduction and credit, shall be apportioned among the Members in accordance with each Member’s Profit Distribution Share.
The Managing Member shall first determine the amount of Available Cash of the Company available for distribution, and then the Board of Managers shall determine the aggregate amount of distributions which may be made to the Members and the Members shall share in such total distributions in accordance with each Member’s Profit Distribution Share.
Deleting the definitions of “Clean-Up Spin-Off”, “Company Merger Tax Opinion,” “Company RMT Tax Opinions,” “Company Separation Tax Opinion,” “Company Separation Tax Opinion Condition,” “Distribution Share Maximum,” Distribution Share Minimum”, “Exchange Offer,” “Exchange Offer Number,” “Parent Merger Tax Opinion” and “Restructuring Commencement Date” in their entirety; and b.
The procedures set forth in Section 3.5 with respect to fractional shares shall apply to the distribution of SpinCo Distribution Shares to Record Holders in Prohibited Jurisdiction, mutatis mutandis, with each reference to a “fractional share” in such sentences being deemed a reference to a SpinCo Distribution Share that, but for this Section 3.6 and for applicable Law, would have been distributed pursuant to the Distribution to a Record Holder in a Prohibited Jurisdiction.
The terms and conditions of any Clean-Up Spin-Off shall be as determined by the Company (provided that the aggregate number of shares of SpinCo Common Stock subscribed for in the Exchange Offer and distributed to the Company’s stockholders in the Clean-Up Spin-Off shall not be less than the Distribution Share Minimum or more than the Distribution Share Maximum) and shall comply with all Applicable Laws and the rules and regulations of NYSE.
In connection with the One-Step Spin-Off, no less than the Distribution Share Minimum (or more than the Distribution Share Maximum) of the shares of SpinCo Common Stock will be distributed to Record Holders in the manner determined by the Company and in accordance with Section 3.02.
Until surrendered to Parent, each outstanding certificate (other than certificates relating to Dissenting Shares) which prior to the Effective Time represented shares of Company Common Stock shall after the Effective Time be deemed for all purposes to represent the right only to receive the applicable Distribution Share in accordance with this Article IV.
If, after the Effective Time, subject to the terms and conditions of this Agreement, Company Common Stock Certificates formerly representing Company Common Stock are presented to the Paying Agent, Parent or Surviving Corporation, as the case may be, they shall be canceled and exchanged for payment of the Distribution Share relating to such Company Common Stock by the Paying Agent in the manner set forth herein.
In relation to any Qualifying Distribution, Sub-hubco must pay or allow the Authority’s Distribution Share to the Authority in accordance with Clause 36.8. This Clause 36 (IRR Sharing and Cap) shall continue to apply, notwithstanding termination or expiry of this Agreement, until the [dissolution or striking-off of Sub-hubco].
Subject to the exercise by Bickhams of the Final Option, VideoDome agrees to pay to Oren ▇▇▇al ("Arial") in exchange for and in lieu of any rights to common stock or equity in VideoDome a "Distribution Share" and a "Sale Bonus" , as defined below (the "Arial Distributions").