LLC Distribution definition

LLC Distribution means the distribution of the LLC Interests, the Barrow
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LLC Distribution has the meaning specified in Section 2.1.1.
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LLC Distribution means the distribution of the LLC Interests, the ▇▇▇▇▇▇ ---------------- & Kanis Real Estate and $200,000 in cash to the LLC Interest Recipients in redemption of the Redemption Shares held by the LLC Interest Recipients as set forth herein. The LLC Distribution may be effected by the contribution by the Company of the LLC Interests, ▇▇▇▇▇▇ & ▇▇▇▇▇ Real Estate and $200,000 cash to a new Arkansas limited liability company (the "New LLC Holding Company"), followed by the distribution of all of the ownership interests in the New LLC Holding Company to the LLC Interest Recipients in redemption of the Redemption Shares.
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Examples of LLC Distribution in a sentence

  • Email to: ▇▇▇.▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ Download form: ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ Go to: Registered Users/Forms Mail to: Seco Tools, LLC Distribution and Business Development ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇.

  • In the event that on the LLC Distribution Date most recently preceding the Specified Exchange Date there shall have been a Preferred Return Shortfall remaining in respect of the Tendered Units following the payments made on such LLC Distribution Date pursuant to Section 5.1 hereof, the Managing Member shall pay the Tendering Party in cash on the Specified Exchange Date the amount of such Preferred Return Shortfall remaining on such LLC Distribution Date in respect of the Tendered Units.

  • Wachovia Capital Markets, LLC Distribution allocation: Number of Shares UBS Securities LLC 30,534,351 Citigroup Global Markets Inc.

  • Royal Bank of Scotland Wachovia Capital Markets, LLC Distribution allocation: Number of Shares UBS Securities LLC 300,000 Citigroup Global Markets Inc.

  • The Company shall have distributed to the Shareholders all of the membership and other equity interests of R&S Holding Company, LLC, a California limited liability company (the "LLC"), held by the Company (the "LLC Distribution").

  • Notwithstanding anything in these LLC Distribution Procedures that might imply to the contrary, projects or programs that constitute Approved Tribal Opioid Abatement Uses may be provided by Tribes, Tribal Organizations, tribal agencies or subdivisions or nongovernmental parties and funded from Abatement Funds.

  • The undersigned has accepted possession and entered into occupancy of the Premises.

  • Email to: ▇▇▇.▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ Download form: ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ Go to: Registered Users/Forms Mail to: Seco Tools, LLC Distribution and Business Development 28▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇.

  • DeveloperCo desires to enter into that certain Sunnova TEP Resources, LLC Distribution Agreement, dated on or about the date hereof (the “BL HoldCo Distribution Agreement”), between BL HoldCo, and DeveloperCo, pursuant to which BL HoldCo will assign, transfer and convey the Assigned Property (as defined therein) to DeveloperCo (such assignment, transfer and conveyance, the “BL HoldCo Distribution”).

  • Subject to the Company's right of setoff as set forth in this Agreement, Managing Member absolutely and unconditionally guaranties to each Non-Managing Member the payment in full of the Preferred Return on each LLC Distribution Date, together with interest thereon as above provided, and further agrees to pay all cost of collection including attorneys' fees.


More Definitions of LLC Distribution

LLC Distribution means the distribution by the Delaware LLC Holding Company of C$40,000,000 in cash in Canadian Dollars to the U.S. Borrower; provided that the Northstar Loan, the Northstar Distribution and the LLC Distribution shall all occur on the same day.
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Related to LLC Distribution

  • 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.

  • Class C Distribution Amount With respect to any Distribution Date, the sum of (i) the Current Interest for the Class C Interest for such Distribution Date, (ii) any Overcollateralization Release Amount for such Distribution Date and (iii) without duplication, any Subsequent Recoveries not distributed to the Class A, Class M and Class B Certificates on such Distribution Date; provided, however, that, on any Distribution Date after the Distribution Date on which the Certificate Principal Balances of the Class A, Class M and Class B Certificates have been reduced to zero, the Class C Distribution Amount shall include the Overcollateralization Amount.

  • Clause C Distribution shall have the meaning specified in Section 14.04(c).

  • Permitted RIC Distribution means distributions by each Borrower and its Subsidiaries (from the Collateral Accounts or otherwise) to the extent required to allow GCDLC to make sufficient distributions to qualify as a regulated investment company and to otherwise eliminate federal or state income or excise taxes payable by such Initial Borrower in or with respect to any taxable year of such Initial Borrower (or any calendar year, as relevant); provided that (A) the amount of any such payments made in or with respect to any such taxable year (or calendar year, as relevant) of such Initial Borrower shall not exceed 115% of the amounts that the Subsidiaries of such Initial Borrower would have been required to distribute to such Initial Borrower to: (i) allow such Initial Borrower to satisfy the minimum distribution requirements that would be imposed by Section 852(a) of the Code (or any successor thereto) to maintain its eligibility to be taxed as a regulated investment company for any such taxable year, (ii) reduce to zero for any such taxable year such Initial Borrower’s liability for federal income taxes imposed on (x) its investment company taxable income pursuant to Section 852(b)(1) of the Code (or any successor thereto) or (y) its net capital gain pursuant to Section 852(b)(3) of the Code (or any successor thereto), and (iii) reduce to zero such Initial Borrower’s liability for federal excise taxes for any such calendar year imposed pursuant to Section 4982 of the Code (or any successor thereto), in the case of each of (i), (ii) or (iii), calculated assuming that such Initial Borrower had qualified to be taxed as a RIC under the Code, and (B) after the occurrence and during the continuance of an Event of Default or a Default related to Section 10.1(a) or Section 10.1(i), all such distributions shall be prohibited, and only so long as (x) any Overadvance is cured immediately prior to and no Overadvance will exist after giving effect to such Permitted RIC Distribution (unless otherwise consented to by Administrative Agent in its sole discretion) and (y) such Initial Borrower delivers a RIC Distribution Notice to Administrative Agent at least ten (10) days prior to the applicable Distribution.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.