Definition of Pre-Closing Distribution

  1. Pre-Closing Distribution means a distribution to the Members of Distributable Funds (as defined in the LLC Agreement) in accordance with Article VI of the LLC Agreement immediately prior to the Closing.

Definition of Pre-Closing Distribution in Membership Interest Purchase Agreement

Pre-Closing Distribution means a distribution to the Members of Distributable Funds (as defined in the LLC Agreement) in accordance with Article VI of the LLC Agreement immediately prior to the Closing.


Definition of Pre-Closing Distribution in Unit Purchase Agreement

Pre-Closing Distribution means any dividend or other distribution to the holders of Equity Interests of the Company declared or effected from and after the date hereof (whether of cash, property or other assets, which property or other assets shall be valued at their fair market value and the time of such Pre-Closing Distribution).