True-up Distribution definition
True-up Distribution means, with respect to any Advance in connection with the Origination or Purchase of a Portfolio Investment, a distribution of proceeds of such Advance by the Company to its equity holders to the extent that such proceeds exceed the amount required to Originate or Purchase such Portfolio Investment so long as after giving effect to such distribution the Compliance Condition is satisfied.
True-up Distribution in respect of a Fiscal Year, means the final distribution of Distributable Cash to Partners, as set forth in Section 5.3(a)(iii) of the LIL LP Agreement;
True-up Distribution is defined in the TLA/Revolver Credit Agreement.
More Definitions of True-up Distribution
True-up Distribution means a Restricted Payment in a maximum amount such that, after giving effect thereto, the Required Debt to Equity Ratio is satisfied.