Distributed Amount definition

Distributed Amount means the amount distributed or paid to the Finance Parties or to the Agent on behalf of the Finance Parties (or any of them) by the person responsible for the distribution of the assets (including any payments) of an Obligor which is insolvent or otherwise subject to insolvency or similar proceedings.

Distributed Amount means, in respect of a Cash Dividend, the amount of such dividend paid by the Share Company in respect of a Share, as determined by the Calculation Agent acting in good faith and in a commercially reasonable manner;

Distributed Amount means, in respect of a Cash Dividend, the amount of such dividend payable by the Share Company in respect of one Share, as determined by the Determination Agent in its sole and absolute discretion.

Examples of Distributed Amount in a sentence

• Subject to Subsection 2.8.5 below, to the extent that the Distributed Amount consists of cash and non-cash consideration, the portion of the Distributed Amount consisting of cash consideration and the portion of the Distributed Amount consisting of non-cash consideration, respectively, shall be allocated among the holders of capital stock of the Corporation on a pro rata basis.

• In the case of an Accelerated Distribution, ten percent (10%) of the Elected Amount shall be permanently forfeited (the "Forfeited Amount"), and such Forfeited Amount shall be deducted from the Elected Amount (the amount to be distributed to the Participant after reducing the Elected Amount by the Forfeited Amount shall hereinafter be referred to as the "Distributed Amount").

• If the Final Target Amount is greater than or equal to the Class B Distributed Amount, then the difference between the Final Target Amount and the Class B Distributed Amount shall be distributed to the Class B Members in accordance with their relative Percentage Interests, and the balance of the Holdback Account shall be distributed to the Class A Members in accordance with their relative Percentage Interests.

• Upon request of the Agent, the Borrower shall furnish the Agent, with copies for each Lender, at reasonable intervals (but not more than once per calendar year), a certificate of an Authorized Officer (and, if requested by the Agent, any insurance broker of the Borrower) setting forth the nature and extent of all insurance maintained by the Borrower and its Subsidiaries in accordance with this Section 5.02(g) (and which, in the case of a certificate of a broker, was placed through such broker).

• In the event BPI is not timely paid all or any portion of the Distributed Amount to which it is entitled, or any breach of this Agreement by Chemtrusion hereunder, BPI shall be entitled to be paid its costs and expenses (including, without limitation, reasonable attorneys' fees) of enforcing Chemtrusion's obligations hereunder and obtaining payment of the Distributed Amount.

• If the aggregate amount paid on account of the Recovery Payment by the third anniversary of the Closing (the “Distributed Amount”), is less than Two Million Three Hundred Fifty Thousand and 00/100 Dollars ($2,350,000.00), then StoneMor shall pay the members of the Xxxxx Family, in addition to the Distributed Amount, an amount that is the lower of (i) $150,000; or (ii) the difference between the Distributed Amount and Two Million Three Hundred Fifty Thousand and 00/100 Dollars ($2,350,000.00).

• BPI shall hold all right, title and interest in the Distributed Amount from and after the date hereof.

• In the case of a Participant or a Beneficiary who is receiving the Participant's Account in installments, interest shall continue to be credited in accordance with Section 4.4(b) on the Distributed Amount until the Accelerated Distribution is paid.

• Prior to the Closing and effective on the Closing Date, the Company shall distribute to Stockholder the right to receive the Distributed Amount (as defined below).

• In the case of a Participant or a Beneficiary who is receiving the Participant's Account in installments, interest shall continue to be credited in accordance with Section 4.6(b) on the Distributed Amount until the Accelerated Distribution is paid.

More Definitions of Distributed Amount

Distributed Amount with respect to any Applicable Period, the amount of cash distributions actually received by the Borrower during such Applicable Period on account of the MLP Common Units, the GP Interests and IDRs owned by the Borrower.

Distributed Amount has the meaning set forth in Section 2.1(e).

Distributed Amount shall have the meaning set forth in subsection 8.8.

Distributed Amount means with respect to any Holder for any period, the amount of interest paid to such Holder on the HMG Notes from dividends declared pursuant to clause (b) of the proviso in this subsection 8.8 during such period (other than amounts finally determined to be Special Dividend Amounts), assuming that all such dividends under such clause (b) are distributed to pay interest to all Holders pro rata in proportion to the principal amount of each Holder's HMG Notes.

Distributed Amount means, in relation to a Distribution to a Partner, the amount of money and the fair market value of property or rights or interests in property distributed by the Partnership to such Partner pursuant to such Distribution less the aggregate of all liabilities of the Partnership concurrently assumed by such Partner pursuant to such Distribution, determined as at the time of such Distribution.