USDG definition
Examples of USDG in a sentence
Any other distributions made by the Partnership to USDG in connection with the contribution of property made by USDG to the Partnership that would otherwise be treated as part of a sale under Treasury regulation § 1.707-3 will be made to reimburse USDG for preformation capital expenditures (within the meaning of Treasury regulation § 1.707-4(d)) incurred by USD and USDG to the extent those expenditures exceed the USDG Non-Qualified Liabilities.
To the extent that the USDG Non-Qualified Liabilities are treated as a transfer of consideration to USDG under Treasury regulation § 1.707-5, such deemed transfer will be treated as a reimbursement of preformation capital expenditures (within the meaning of Treasury regulation § 1.707-4(d)) incurred by USD and USDG with respect to the property contributed by USDG to the Partnership.
Following the application of the proceeds of the Loan, not more than twenty-five percent (25%) of the value of the assets (either of the Borrower only or of USDG and each of its Subsidiaries on a consolidated basis) will be margin stock.
Lender hereby notifies Borrower that pursuant to the requirements of the USA PATRIOT Act, it is required to obtain, verify and record information that identifies USDG and each of its Subsidiaries, which information includes the names and addresses of each USDG and each of its Subsidiaries and other information that will allow the Lender to identify USDG and each of its Subsidiaries in accordance with the USA PATRIOT Act.
On the Closing Date, USDG, on a consolidated basis with its Subsidiaries, both before and after giving effect to the borrowing of the Loan on the Closing Date and the application of the proceeds thereof, is Solvent.
The Partnership hereby distributes $100,000,000 in cash received in connection with Section 2.11 of this Agreement to the USDG.
Notwithstanding anything in the West Colton Agreement or the San Antonio Agreement, to the contrary, as applicable, pursuant to this distribution USDG is hereby admitted as a member of both West Colton and San Antonio and agrees that it is bound by the West Colton Agreement and the San Antonio Agreement.
The Partnership hereby redeems the Initial LP Interest held by USDG and hereby refunds and distributes to USDG the initial contribution, in the amount of $980.00, made by USDG in connection with the formation of the Partnership, along with 100.0% of any interest or other profit that resulted from the investment or other use of such initial contribution.
Opco hereby distributes, assigns, transfers, sets over and delivers to USDG, its successors and its assigns, for its and their own use forever, all right, title and interest in the Opco Interest.
Any actual cash distributions made by the Partnership to USDG in connection with the contribution of property made by USDG to the Partnership that would otherwise be treated as part of a sale under Treasury regulation § 1.707-3 will be made to reimburse USDG for preformation capital expenditures (within the meaning of Treasury regulation § 1.707-4(d)) to the extent those expenditures exceed the USDG Non-Qualified Liabilities.