Interim Distribution definition

Interim Distribution means any interim distribution by CFGI and/or Copeinca using Excess Cash to satisfy a portion of the due and outstanding amounts with respect to the Notes and the Club Loans, as approved by the Bankruptcy Court pursuant to sections 105(a) and 363(b) of the Bankruptcy Code and Rules 2002 and 6004 of the Federal Rules of Bankruptcy Procedure and which, for the avoidance of doubt, does not include any amounts which the Notes Trustee and/or Club Loan Agent may deduct from the distribution to satisfy the amounts owed to them and is not used to satisfy the principal or interest outstanding in respect of the Notes and Club Loans.

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Interim Distribution means any Distributions made in the ordinary course of business of the subject entity and not in connection with a Liquidation Distribution.

Interim Distribution means the amount or amounts determined by the Manager to be distributed under clause 16.3.

Examples of Interim Distribution in a sentence

• Subsequent to the Special LTIP Unit Full Distribution Participation Date, vested Performance-Based LTIP Units may be entitled to receive the Interim Distribution Amount to the extent provided for in the Partnership Agreement.

• Employees who hold either Temporary or Interim Distribution Operator certification from the State Water Resources Control Board or successor agency will not be eligible for certification pay.

• Employees who hold either Temporary or Interim Distribution Operator certification from the State of California, Department of Health Services will not be eligible for compensation.

• Notwithstanding the foregoing, if the Buyer has previously delivered to the Escrow Agent a copy of a notice of any Claim and the Escrow Agent has not received written notice of the resolution of the claim covered thereby, the Escrow Agent shall retain in escrow after the relevant Interim Distribution Date such number of Escrow Shares as have a Value equal to 150% of (i) the amount of the Claim covered by such.

• An Interim Distribution shall be in cash or Property (which need not be distributed proportionately) or partly in both, as determined by the Managers.

More Definitions of Interim Distribution

Interim Distribution means any distribution of a portion of the Cash Election Payment Amounts and Class 5 Distribution Shares to holders of Eligible Allowed

Interim Distribution means a distribution specified as an Interim Distribution in a Deferral Agreement.

Interim Distribution shall have the meaning set forth in Section 2.07.

Interim Distribution means the distribution made pursuant to Section 4.3 of the Plan;

Interim Distribution has the meaning given to such term in Section 5.1(c); “Internal Costs” means:

Interim Distribution means a distribution under Section 7.

Interim Distribution means a distribution pursuant to clause 15 out of or with respect to Distributable Income as determined by the Responsible Entity accruing during or with respect to an Interim Distribution Period.