Pre-Closing Distribution definition

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.

Pre-Closing Distribution has the meaning set forth in Section 5.8.

Pre-Closing Distribution has the meaning set forth in Section 4.1(t).

Examples of Pre-Closing Distribution in a sentence

• Buyer shall cause the Company to effect the Pre-Closing Distribution in accordance with that certain Written Consent of the Managers, dated as of November 15, 2017.

• The Pre-Closing Distribution shall have been paid to Seller by the Partnership.

• Without limiting the generality of the foregoing, Rice shall ensure that the Pre-Closing Distribution complies with, and is duly authorized in accordance with, Applicable Laws and each of the applicable Organizational Documents and contracts (including restrictions related to available cash for dividends, required capitalization and fraudulent conveyance) and that, following the distribution, the Vantage Midstream Entities will have no Liability with respect to the Excluded Assets.

• For federal income Tax purposes (and, where applicable, state and local income Tax purposes), Buyer, Seller and the Partnership agree to treat the Pre-Closing Distribution to Seller as a distribution from the Partnership to Seller pursuant to Code Section 731.

• Immediately prior to the Closing Date, the Partnership shall pay the Pre-Closing Distribution to Seller by wire transfer of immediately available funds to an account designated by Seller in writing.

More Definitions of Pre-Closing Distribution

Pre-Closing Distribution means the distribution, prior to the Closing Date, of all of the Excluded Assets held by AVC and Xxxxx to EQT Gathering Holdings.

Pre-Closing Distribution means a non-pro rata distribution of $8,000,000 to Seller from the Partnership. “Pre-Closing Tax Refunds” has the meaning set forth in Section 9.3 above.

Pre-Closing Distribution shall have the meaning set forth in Section 2.13(b).

Pre-Closing Distribution has the meaning ascribed to such term in Section 5.1(a).

Pre-Closing Distribution. Section 1.8(a) "Premium Limit" Section 6.7(c) "Property Restrictions" Section 3.12(a) "REIT" Section 3.11(a) "Representatives" Section 6.1(b) "Rochester Management, LLC" Section 7.1(c) "Rochester Properties, LLC" Section 6.9(a)

Pre-Closing Distribution means the total amount, if any, distributed to the limited partners of Company LP pursuant to Section 1.8(a) of the Merger Agreement as a Pre-Closing Distribution;

Pre-Closing Distribution means the distribution, before the Closing, of the Distributable Assets as contemplated in clause (i) of Section 2.4.