General Distributions definition

General Distributions has the meaning set forth in Section 3.1 (a)(i)
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Examples of General Distributions in a sentence

  • If the payment is not received within ten (10) days, the Municipality or County understands and agrees that the STATE may withhold or offset Funds from the Municipal General or County General Distributions payable to the Municipality or County until the return or repayment of any/all Funds to the STATE under this Agreement are satisfied.

  • Funds shall be transferred to the Partnership’s operating account from time to time in the manner described in Section 6.3 (General Distributions).

  • General Distributions will be paid when, as and if declared by the Board out of funds legally available therefor.

  • General Distributions: Distributions other than tax distributions, may be made from time to time subject to a decision by the Board plus Requisite Interest Approval.

  • Such eligibility shall apply with respect to any Distribution Equivalent Payments which (A) have accrued in respect of any General Distributions (as defined in the applicable award agreements that govern such Partnership Equity Awards) that are declared or made prior to the Effective Time, and (B) remain unpaid as of the Effective Time.

  • Any such cash payments (“Distribution Equivalent Payments”) shall accrue as General Distributions are made and shall be credited to a bookkeeping account established on the records of the Partnership for Participant, which shall vest and be paid to or on behalf of Participant at the same time, and subject to the same conditions, as are applicable to the vesting of the underlying Restricted Incentive Units.

  • Any such cash payments (“Distribution Equivalent Payments”) shall accrue as General Distributions are made and shall be credited to a bookkeeping account established on the records of the Company for Participant, which shall vest and be paid to or on behalf of Participant at the same time, and subject to the same conditions, as are applicable to the vesting of the underlying Restricted Incentive Units.

Related to General Distributions

  • Final Distributions means, with respect to the Certificates of any Trust on any Distribution Date, the sum of (x) the aggregate amount of all accrued and unpaid interest on such Certificates (excluding interest, if any, payable with respect to the Deposits relating to such Trust) and (y) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (less the amount of the Deposits for such Class of Certificates as of such preceding Distribution Date other than any portion of such Deposits thereafter used to acquire Equipment Notes pursuant to the Note Purchase Agreement). For purposes of calculating Final Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Final Distributions.

  • Cash Distributions means dividends, interest and other distributions and payments (including proceeds of liquidation, sale or other disposition) made or received in cash upon or with respect to any Collateral.

  • Capital Distribution means, with respect to any Person, a payment made, liability incurred or other consideration given for the purchase, acquisition, repurchase, redemption or retirement of any Equity Interest of such Person or as a dividend, return of capital or other distribution in respect of any of such Person’s Equity Interests.

  • Special Distribution has the meaning ascribed thereto in Section 4.2(2);

  • Incentive Distributions means any amount of cash distributed to the holders of the Incentive Distribution Rights pursuant to Section 6.4.