Excess Distribution Amount definition

Excess Distribution Amount is defined in Section 6.1(c).

Excess Distribution Amount shall have the meaning set forth in Section 8.3(a)(ii).

Excess Distribution Amount is an amount equal to the amount available for distribution to shareholders of the Corporation after payment of all debts and liabilities less the sum of (i) the liquidation preferences in respect of all shares of preferred stock of the Corporation other than the Series One Preferred Stock, (ii) the product of 100 times the number of outstanding shares of Series One Preferred Stock, and (iii) the product of the number of outstanding shares of Common Stock times a fraction whose numerator is 100 and whose denominator is the Adjustment Number.

Examples of Excess Distribution Amount in a sentence

• The 25th day of each month in which a Special Excess Distribution Amount is required to be distributed to Holders of Book-Entry Securities backed by Ginnie Mae Multifamily Certificates or, if the 25th day is not a Business Day, the first Business Day thereafter.

• The Offeror hereby offers to purchase, on and subject to the following terms and conditions, all of the outstanding Units, including Units which become outstanding on the exercise of outstanding Options or other rights to purchase Units at a price of $16.25 in cash per Unit less any Excess Distribution Amount.

• The “Catch Up Amount” shall mean an amount equal to the sum of (i) the product of (A) the Xxxxxx Partners Excess Distribution Amount, multiplied by (B) the quotient of (x) the aggregate Percentage Interest of the General Partner and GPC Inc.

• Xxxxxx Partners Excess Distribution Amount" shall mean an amount equal to the excess of (i) distributions made to the Xxxxxx Partners pursuant to Section 5.1(b)(i) over (ii) distributions made to the New Partners pursuant to Section 5.1(b)(i) multiplied by the Xxxxxx Partners' aggregate Percentage Interests divided by the New Partners' aggregate Percentage Interests.

• Notwithstanding anything to the contrary in this paragraph, if an Unstayed Order proscribes the foregoing treatment, the Debtors shall pay the PDVSA Excess Distribution Amount into the PDVSA Excess Escrow.

More Definitions of Excess Distribution Amount

Excess Distribution Amount means the amount of any distribution declared on a Unit in a month in excess of the Monthly Distribution;

Excess Distribution Amount shall equal the lesser of -------------------------- (i) the amount by which the General Partner Distributions exceed the sum of the Total General Partner Net Gain or Loss plus the aggregate contributions made to the Partnership by the General Partner or (ii) the amount of the General Partner Distributions.

Excess Distribution Amount shall equal the amount by which the General Partner Distributions (as defined below) exceed the Total General Partner Net Gain, if any.

Excess Distribution Amount has the meaning assigned to such term in Section 5.5.

Excess Distribution Amount means the amount of any distribution or dividend declared on a Unit or IPC Realty Preferred Share, as applicable, in excess of the Monthly Distribution;

Excess Distribution Amount means (i) in respect of the period up to October 15, 2005, the amount per Unit of any distribution declared or paid on a Unit in excess of the regular monthly distribution to Unitholders of $0.0917 and, in respect of the 8.0 million Units subject to the enhanced voting right, any distribution declared in excess of $0.0871 per Unit, in each case subject to customary rounding, and (ii) at any time after October 15, 2005, means the amount of any cash or non-cash distribution declared or paid on a Unit;

Excess Distribution Amount means, with respect to a particular Fiscal Year (or a quarter of a particular Fiscal Year, as applicable), the excess, if any, of (i) the amount of the distributions made by the Company pursuant to Sections 5.1.A(1) and 5.1.B for the Fiscal Year (or such quarter of such Fiscal Year, as applicable) over (ii) the product of (a) the Adjusted Holder Percentage as of the end of the Fiscal Year (or such quarter of such Fiscal Year, as applicable) and (b) with respect to such Fiscal Year, $1,600,000, or, with respect to such quarter of such Fiscal Year, $400,000.