Prohibited Distributions definition
Examples of Prohibited Distributions in a sentence
Notwithstanding anything in this Article NINTH to the contrary, the Corporation shall at all times be entitled to make application to any court of equitable jurisdiction within the State of Delaware for an adjudication of the respective rights and interests of any Person in and to any Sale Proceeds, Resale Proceeds and Prohibited Distributions pursuant to this Article NINTH and applicable law and for leave to pay such amounts into such court.
If the Initial Transferor can be identified, the Agent will pay to the Initial Transferor any sales proceeds in excess of those due to the Purported Acquiror, together with any amounts received by the Agent from the Purported Acquiror that are attributable to Prohibited Distributions.
Notwithstanding anything in these Articles of Amendment to the contrary, the Corporation shall at all times be entitled to make application to any court of equitable jurisdiction within the State of Washington for an adjudication of the respective rights and interests of any Person in and to any Sale Proceeds, Resale Proceeds and Prohibited Distributions pursuant to these Articles of Amendment and applicable law and for leave to pay such amounts into such court.
Notwithstanding anything in this Article [—] to the contrary, the Corporation shall at all times be entitled to make application to any court of equitable jurisdiction within the State of Washington for an adjudication of the respective rights and interests of any Person in and to any Sale Proceeds, Resale Proceeds and Prohibited Distributions pursuant to this Article [—] and applicable law and for leave to pay such amounts into such court.
GENERAL COVENANTS 54 4.01 Acceptance of Construction Documents; Completion of Construction 54 4.02 Construction Progress 55 4.03 Purchase of Materials Under Conditional Sales Contract 56 4.04 Inspection; Independent Engineer 57 4.05 Right to Post Signs; Publicity 58 4.06 Liens, Taxes, and Governmental Claims 58 4.07 Facility Lease 60 4.08 Operations of Borrower 61 4.09 Appraisals 64 4.10 Operating and Reserve Accounts 64 4.11 Prohibited Distributions 64 4.12 Compliance with Legal Requirements.