Quarterly Distributions definition

Quarterly Distributions means the aggregate amount of cash distributions paid to Stockholders during a calendar quarter.

Quarterly Distributions means with respect to the Borrower, the distributions by the Borrower of Available Cash (as defined in the Limited Liability Company Agreement (Borrower)) or with respect to MLP, the distributions by the MLP of Available Cash (as defined in the Partnership Agreement (MLP)).

Quarterly Distributions has the meaning assigned to such term in the Holdco LLC Agreement; provided that for purposes of this Agreement, such amounts shall be calculated with regard to any adjustments pursuant to any Code Section 754 election if (x) an Event of Default has occurred, is continuing or would result from any such Distribution and (y) (i) the Termination Date has not occurred, (ii) the Required Lenders have not waived such Event of Default, and (iii) three (3) months have not passed since the occurrence of the Event of Default.

Examples of Quarterly Distributions in a sentence

• Quarterly Distributions under § 107.1550 must be made no earlier than the last day of the calendar quarter for which the Distribution is being made and no later than the first Payment Date following the end of such calendar quarter.

• Quarterly Distributions will be calculated with daily record and Distribution declaration dates.

• For any Quarter ending after the Series A Initial Distribution Period, all Series A Quarterly Distributions shall be paid in cash.

• For the avoidance of doubt, subject to Section 5.12(b)(i)(C), the Series A Preferred Units shall not be entitled to any distributions made pursuant to Section 6.3. All Series A Quarterly Distributions payable by the Partnership pursuant to this Section 5.12(b) shall be payable without regard to income of the Partnership and shall be treated for federal income tax purposes as guaranteed payments for the use of capital under Section 707(c) of the Code.

• The Disbursing Agent shall make all Quarterly Distributions to the holders of Prepetition Bank Claims.

More Definitions of Quarterly Distributions

Quarterly Distributions means the distributions by the Parent of Available Cash.

Quarterly Distributions means the distributions by the Borrower of Available Cash (as defined in the Partnership Agreement).

Quarterly Distributions has the meaning set forth in Section 5.4.

Quarterly Distributions means cash distributions by the Borrower to the Partners during any fiscal quarter in amounts that do not exceed the Available Cash for the immediately preceding fiscal quarter.

Quarterly Distributions has the meaning assigned to such term in the Holdco LLC Agreement.

Quarterly Distributions means with respect to SXL Operations, the distributions by SXL Operations of Available Cash (as defined in the Partnership Agreement (SXL Operations)), or with respect to MLP, the distributions by the MLP of Available Cash (as defined in the Partnership Agreement (MLP)).

Quarterly Distributions means (a) with respect to the Borrower, the distributions by the Borrower of Available Cash (as defined in the Limited Partnership Agreement (Borrower) as in effect on the Closing Date), or (b) with respect to MLP, the distributions by the MLP of Available Cash (as defined in the Limited Partnership Agreement (MLP) as in effect on the Closing Date).