Net Distributions definition

Net Distributions has the meaning set forth in Section 4.6;
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Net Distributions means the Net Amount of any dividend, coupon or similar distribution amount paid on any Underlying.
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Net Distributions means, for any period, an amount equal to the aggregate amount of distributions actually received by Borrower from Acquisition SPV (whether directly or by deposit to the Master Collateral Account) during such period.
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Examples of Net Distributions in a sentence

  • Each Consenting Beneficiary releases, and (if applicable) reassigns, or agrees to procure such release or reassignment of, any Security Interest or other encumbrance or assignment which was created or made in its favour that would or might prevent or restrict any Net Distributions or Permitted Deductions, the creation or payment out of any Reserve or the sale of any Trust Financial Asset.

  • The Company shall not appropriate for itself any Trust Financial Assets save in accordance with, and to the extent of, its rights to make a Permitted Deduction or receive Net Distributions pursuant to the Common Terms or pursuant to Clause 12.

  • All Net Distributions shall be made directly to the Master Collateral Account.

  • Evidence that Borrower has established with Lender the Master Collateral Account (into which all Net Distributions shall be deposited).

  • Together with the Compliance Certificate required to be delivered by Borrower pursuant to clause (a)(i) above, a Net Distributions Report with respect to Net Distributions for the applicable fiscal quarter.


More Definitions of Net Distributions

Net Distributions means gross distributions for products utilizing Licensed Patents and Licensed Technology from joint ventures with AtheroGenics or an Affiliate of AtheroGenics, net of discounts, allowances, sales or other similar taxes, rebates and returns, import and/or export duties, and outbound transportation prepaid or allowed. Net Distributions shall be calculated per product line incorporating Licensed Products and shall include any funds or other valuable consideration received by AtheroGenics or an Affiliate of AtheroGenics.
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Net Distributions has the meaning set forth in Section 11.02(b)(v).
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Net Distributions means, with respect to each Membership Interest, the amount of actual distributions pursuant to this Article IX or Article XIII (but excluding distributions pursuant to Sections 9.2 and 9.3) received by a Member (or predecessor in interest of a Member) with respect to such Membership Interest since the Measurement Date, less the amount of all contributions made to the Company with respect to such Membership Interest by such Member (or the predecessor in interest of such Member) as required by Annex B or Section 13.2(a). To the extent that at the time of any distributions are required under this proviso, Available Funds are insufficient to satisfy the amount of all distributions described in this proviso, then such Available Funds as are available for distribution shall be distributed to each Member in proportion to the amount distributable to such Member pursuant to this proviso.
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Net Distributions means, for any period, the sum of (a) all proceeds from the sale or issuance of any equity securities of Borrower actually received during such period, plus (b) additional equity contributions actually received by Borrower for such period, minus (c) all distributions with respect to its equity paid by Borrower during such period, and (d) any change in Subordinated Debt, if any.
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Net Distributions means the gross consideration received by AtheroGenics from a sublicense of, or through a joint venture with respect to, Licensed Products and/or Licensed Subject Matter in the Licensed Territory. Specifically excluded from Net Distributions is any remuneration received by AtheroGenics as reimbursement for actual costs incurred in the future by AtheroGenics specifically in connection with and subsequent to the execution of any such sublicense or joint venture.
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Net Distributions shall have the meaning set forth in Section 4.6 hereof.
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Net Distributions means for any period an amount (which shall not be less than $0) equal to the sum of (a) Distributions paid in cash during such period, plus, without duplication, (b) Distributions constituting repayment of the Accrued Dividends Payable or the Subordinated Dividend Note Payable (excluding the $10,000,000 paid in December, 2010 and the portion thereof (not to exceed $31,000,000) paid on the Effective Date with the proceeds of the credit facilities provided under this Agreement and excluding any Distribution to the Borrower’s shareholders of the proceeds of any Distribution by an Unrestricted Subsidiary to the Borrower or any Credit Party), minus (c) the Net Proceeds of issuances of Equity Interests during such period.
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