Special Distribution definition
Special Distribution has the meaning ascribed thereto in subsection 2.12(3);
Special Distribution has the meaning set forth in Section 11.4.
Special Distribution has the meaning ascribed to that term in Section 2.13(3);
Examples of Special Distribution in a sentence
In no event shall the Special Distribution paid to Par Pacific exceed Ninety-Three Million Seven Hundred Thousand Dollars ($93,700,000) unless the Accrued Fees exceed Par Pacific’s pro rata share, based on its Percentage Interest, of the Initial Working Capital as of the Closing Date, in which case, subject to ▇▇▇▇▇’s consent (such consent not to be unreasonably withheld or denied) the Special Distribution may exceed that amount by the amount of such excess.
For the avoidance of doubt, no such Special Distribution shall reduce or limit the Par Pacific Capital Commitment, nor shall it result in any issuance of Units, or otherwise affect the Percentage Interest of the Members.
More Definitions of Special Distribution
Special Distribution has the meaning set forth in Section 4.1(c);
Special Distribution has the meaning attributed thereto in subsection 5.1(c);
Special Distribution means a distribution on the Common Stock of:
Special Distribution has the meaning given to it in Clause 6.3 (Special Distribution) of the Mortgages Trust Deed;
Special Distribution means a distribution that will, if necessary, be made in each year to Unitholders of record on December 31 of that year in order that the Fund will generally not be liable to pay income tax in respect of that year.
Special Distribution has the meaning ascribed to such term in Section 8(a)(iii).
Special Distribution has the meaning set forth in the Recitals.