Proposed Distribution definition

Proposed Distribution has the meaning ascribed thereto in Section 5.3(a).

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Proposed Distribution means the proposed distribution by MEL to the MEL

Proposed Distribution means the proposed distribution by the Company to the

Examples of Proposed Distribution in a sentence

• A Qualification Notice shall include reasonable details of the Proposed Distribution.

• The Company and the Shareholders hereby waive application of any other provisions of the Investors' Agreement that would impose further requirements or otherwise bar (i) the Proposed Distribution by the THL Entities or (ii) the sales or distributions of the Other Shares by the Shareholders (other than the THL Entities) and by their Permitted Transferees.

• The Shareholders hereby acknowledge verbal notice of the Proposed Distribution and the sufficiency thereof, and waive any and all rights to receive further notice, written or otherwise, of such distribution pursuant to Section 4.1 of the Investors' Agreement or otherwise.

• No dividend or distribution or the like (collectively a “Distribution”) will be allowed without notification in writing to the Advisor, delineating in detail the express terms of said Proposed Distribution and at least ten (10) days time to allow the Financial Advisor the right to make an election to exercise the Warrants and thus participate in said Distribution.

• If the Effective Date occurs after the Proposed Distribution, you agree to be Chief Executive Officer – ▇▇▇▇▇▇ & ▇▇▇▇▇, Inc.

• The Proposed Distribution provides immediate significant liquidity to shareholders and is undertaken to reward shareholders.

• As a further condition to each Lender's consent to any Proposed Merger or Proposed Distribution, at such time as the Proposed Merger or Proposed Distribution becomes effective, Borrower agrees to provide the Administrative Agent with a collateral assignment of the NBC Contract, or a Lien on the NBC Contract (or on the proceeds thereof and rights of Ascent Network Services, Inc.

• The Proposed Disposals are not conditional upon the completion of the Proposed Distribution.

• If the Proposed Distribution is to be made, the Company shall reserve 30% of the Second Threshold Excess (the Second Dividend Reserve) and may then, in its discretion, choose to distribute the remainder of the Second Threshold Excess less the Second Dividend Reserve to the Shareholders.

• The Proposed Distribution is conditional upon the completion of the Proposed Disposals.

More Definitions of Proposed Distribution

Proposed Distribution means the proposed distribution to every shareholder of

Proposed Distribution means the aggregate amount of all Distributions that Sub-hubco proposes to make at the Relevant Distribution Date;

Proposed Distribution means any proposed payment by the Company of any Dividend and/or Interest and/or any proposed repayment by the Company of any Relevant Debt. Relevant Debt means Shareholder Debt and any other Indebtedness (excluding amounts advanced by senior lenders to fund any project being undertaken by a Project Company) which is advanced to the Company or any wholly owned subsidiary of the Company by any Shareholder or any Associate of any Shareholder.

Proposed Distribution means the proposed distribution by HIL to the HIL