S Distribution definition

S Distribution has the meaning set forth in the Preamble.

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S Distribution has the meaning set forth in the Preamble. “S LLC” has the meaning set forth in the Preamble.

S Distribution has the meaning set forth in the Preamble to this Agreement.

Examples of S Distribution in a sentence

The Company will pay to the Dealer Manager a distribution fee with respect to the outstanding Class S Shares sold in each Offering that accrues daily equal to 1/365th of up to 0.85% of the Company’s NAV allocable to the outstanding Class S Shares each day (the “Class S Distribution Fee”).
Prior to the termination of the Regulation S Distribution Compliance Period, beneficial interests in a Regulation S Global Note may be held only through Euroclear and Clearstream.
Prior to the termination of the Regulation S Distribution Compliance Period, beneficial interests in the Regulation S Global Note may be held only through Euroclear and Clearstream.
Within ten (10) days after such notice, LVCI shall pay the Shareholders the excess of 40% of the actual net taxable income for the Short S Year over the amount of the S Distribution.
Shares for which the Regulation S Distribution Compliance Period and 144 Restricted Period (as defined by the Securities Act) has expired shall be delivered free of any Regulation S and 144 legend, provided that the Purchaser or holder of such Shares provides the Company and its counsel with such customary representations as may be reasonably requested in connection with the preparation and delivery to the Company's transfer agent of any required legal opinion.
The Company will pay to the Dealer Manager a distribution fee with respect to the outstanding Class T2 Shares sold in each Offering that accrues daily equal to 1/365th of up to 0.85% of the Company’s NAV allocable to the outstanding Class T2 Shares each day (the “Class T2 Distribution Fee” and, together with the Class A Distribution Fee, the Class T Distribution Fee and the Class S Distribution Fee, the “Distribution Fees”).
Likewise, in the event the S Distribution exceeds 40% of such net taxable income, the Shareholders shall pay the excess to LVCI within ten (10) days after such notice.
The computation of the S Distribution shall be made by the Parent causing ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ to prepare financial statements for the Company through July 31, 1999, and such financial statements shall be pro-rated through July 29, 1999 for purposes of computation of the S Distribution.
Immediately prior to Closing, the Company will distribute to the Shareholders in accordance with their proportionate ownership interests in the Company, an amount equal to 40% of the estimated net taxable income of the Company for the Short S Year ending on the Closing Date (the "S Distribution") and a good faith estimate of the difference between the anticipated Shareholders' equity as of the Closing Date and $1,070,000 (the "Excess Equity Distribution").
KCD and BERKSHIRE have previously executed a Regulation S Distribution Agreement dated March 29, 1996 (the "Agreement"), and desire to amend and restate the provisions of Section 1.01 of the Agreement only by means of this Amendment.

More Definitions of S Distribution

S Distribution has the meaning set forth in Section 5.6.

S Distribution means the approximate amount of unpaid federal and state taxes the Shareholders will be required to pay, as a result of being shareholders of Seller (an S corporation), in 1998 through the Closing Date; and the term "1998 Bonuses" means the performance-based bonuses earned by employees of Seller.

S Distribution. System shall also refer to the system of trunk and service pipelines leading from the battery limits of the AIR LIQUIDE Plant Facility for the distribution of Nitrogen to the various use points within HSS's Plant Facilities.

S Distribution means a distribution to ▇▇▇▇ and the Trust with respect to their stock in the Company equal to (x) the amount by which total stockholders equity (net worth) of the Company as at July 29, 1999 exceeds $500,000, minus (y) distributions previously made to the Company Stockholders with respect to total stockholders equity which have not already been reflected as reductions thereof. Total stockholders equity shall not be reduced for any compensation related deduction for contributions made to the Defined Contribution Plan and Trust. The minutes delivered simultaneously herewith provide for a tentative calculation of the S Distribution, based on the Interim Statement, in the amount of $3,690,000. Subsequent to the Closing Date, the estimated calculation of the amount of the S Distribution will be adjusted up or down to actual, based on financials of the Company as of the Closing Date. The Parent will cause the S Distribution, as adjusted, to be paid to ▇▇▇▇ and the Trust by Acquisition, without interest, not later than July 27, 2000; provided, however, that ▇▇▇▇ and the Trust may, at their election, compel faster distributions of the S Distribution on a quarterly basis to the extent that Acquisition has EBITDA since the Closing Date. The computation of the S Distribution shall be made by the Parent causing ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ to prepare financial statements for the Company through July 31, 1999, and such financial statements shall be pro-rated through July 29, 1999 for purposes of computation of the S Distribution. In the event of any dispute related to the computation of the S Distribution, the procedures of Section 2.2(a)(viii) shall be used to resolve the dispute.