Second Distribution Amount definition

Second Distribution Amount has the meaning set forth in the Fourth Amended and Restated Certificate of Incorporation.
Sample 1Sample 2Sample 3
Second Distribution Amount means $73,800,000 less the First Distribution Amount to the extent the First Distribution Amount has been released to Orca Midco prior to the release of the Second Distribution Amount to Orca Midco pursuant to and in accordance with the terms of Section 9.34.”
Sample 1Sample 2
Second Distribution Amount shall have the meaning set forth in Section 8.2(e).
Sample 1Sample 2

Examples of Second Distribution Amount in a sentence

  • Except as contemplated by this Agreement, as of the date hereof, Purchaser is not, and as of the Closing Date Purchaser will not be, subject to any Contract or other obligation with any Person that in any way prevents, prohibits, or otherwise restricts or conditions Purchaser's ability to make or pay the First Distribution Amount, Second Distribution Amount or the Maximum Distribution Amount, as the case may be, under Section IV.B of the Fourth Amended and Restated Certificate of Incorporation.

  • Purchaser's obligation to pay the Special Distribution shall expire on the date on which the Second Distribution Amount (as defined in the Fourth Amended and Restated Certificate of Incorporation) is distributed to holders of shares of Purchaser Stock, or on such earlier date as prescribed in Section IV.B of the Fourth Amended and Restated Certificate of Incorporation and Section 2.5(a)(ii) hereof.

  • In the event that during the Second Calculation Period, the Corporation's Applicable Net Income is greater than $16,500,000, the Second Distribution Amount shall be zero.

  • The Trust shall distribute the First Distribution Amount to FirstCity on the First Distribution Date and shall distribute the Second Distribution Amount to FirstCity on the Second Distribution Date.

  • FirstCity and the Trust agree that on or about July 31, 1997, shall be a Distribution Date and that the Distribution Amount on the Second Distribution Date shall be the Second Distribution Amount.

Related to Second Distribution Amount

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.