Examples of Quarterly Distributions in a sentence
Quarterly Distributions The Department will review each file upon submission for compliance with requirements.
In addition to Quarterly Distributions, additional distributions of Available Cash may be made to the Members in accordance with their respective Percentage Interest at the discretion of the Founding Member.
Any such reduction in the aggregate amount of a Quarterly Distribution shall be allocated among the Members in proportion to the amounts of their respective Quarterly Distributions prior to such reduction.
In the event of a distribution that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distributions shall be reduced in the same proportion that the amount or value of distribution per Unit bears to the Current Market Price per Common Unit immediately prior to the declaration of the distribution.
The amounts by which any Quarterly Distributions are so reduced shall be distributed on the first succeeding Distribution Date on which there is sufficient Available Cash.