Additional Distributions Clause Samples

Additional Distributions. (a) The Company shall distribute, or cause to be distributed, as an Additional Distribution to each Holder of a Debenture, Reference Share Distribution received by holders of Reference Shares, or the cash value thereof, in accordance with this Section 206. (b) In the case of any Regular Cash Dividend, the Company shall pay, to the Holder of each Debenture, as a Regular Additional Distribution, the amount of cash received by a holder of the number of Shares attributable to such Debenture in respect of such Regular Cash Dividend. Such payment shall be made by the Company on the next Interest Payment Date to Holders of Debentures as of 5:00 p.m., New York City time, on the Regular Record Date for such Interest Payment Date. (c) In the case of any Extraordinary Distribution, the Company shall deliver, to the Holder of each Debenture, as an Extraordinary Additional Distribution, all dividends and distributions, or the fair market value thereof (determined in accordance with Section 206(d) or (e)), received by a holder of the number of Reference Shares attributable to such Debenture in respect of such Extraordinary Distribution. Any distribution pursuant to this subsection (c) shall be made by the Company to Holders of Debentures as of a special record date which shall be the 10th Business Day after the date of the payment of the Extraordinary Distribution by the applicable Reference Company, and shall be distributed to such Holders on the 10th Business Day following such special record date. (d) If an Extraordinary Distribution consists of securities or units that are Marketable Securities (other than securities which are, or become, Reference Shares), such securities or units will be distributed by the Company to Holders of the Debentures in accordance with Section 206(c); provided, that the Company shall not distribute fractional securities or units. In lieu of fractional securities or units, the Company shall pay the Holders of Debentures an amount in cash equal to the Closing Price, as of the special record date, of the security or unit to be distributed multiplied by such fractional interest. For purposes of determining the existence of fractional interests, all Debentures held by a Holder shall be considered together (no matter how many separate certificates such Holder may have). In the event the Company is unable to distribute any securities or units as part of an Extraordinary Additional Distribution because any necessary qualifications or registration...

Additional Distributions. If the Company, at any time while any Debentures are outstanding, shall distribute to all holders of Common Stock (and not to Holders) evidences of its indebtedness or assets or rights or warrants to subscribe for or purchase any security, then in each such case the Conversion Price at which the principal amount of Debentures shall thereafter be convertible shall be determined by multiplying the Conversion Price in effect immediately prior to the record date fixed for determination of stockholders entitled to receive such distribution by a fraction of which the denominator shall be the Closing Price determined as of the record date mentioned above, and of which the numerator shall be such Closing Price on such record date less the then fair market value at such record date of the portion of such assets or evidence of indebtedness so distributed applicable to one outstanding share of Common Stock as determined by the Board of Directors in good faith. In either case the adjustments shall be described in a statement provided to the Holders of the portion of assets or evidences of indebtedness so distributed or such subscription rights applicable to one share of Common Stock. Such adjustment shall be made whenever any such distribution is made and shall become effective immediately after the record date mentioned above.

Additional Distributions. Additional distributions of cash or assets may be made by the company to the members at such times and in such amounts as the members determine.

Additional Distributions. After the Initial Distribution has been completed, any and all additional distributions shall be made on a pro rata basis as follows: (I) 88% of the Trust Property Then Available For Distribution remaining after the Initial Distribution, plus the Interest Adjustment, if positive, shall be distributed in the proportions described in Schedule 1 to the Beneficiaries listed therein, for the purposes described in Paragraph XII of the Environmental Claims Settlement Agreement. (II) 12% of the Trust Property Then Available For Distribution, remaining after the Initial Distribution, less the Interest Adjustment if positive, shall be distributed to the Tort Claims Trust for payment to the Holders of the Tort Claims in accordance with the Tort Claims Trust Agreement and the Tort Claims Trust Distribution Procedures.

Additional Distributions. Seller agrees that upon the request of Related, Seller will join with Related and the Related GPs in causing the applicable Partnerships to distribute to Related or the Related GPs or their assignee the amounts set forth on Schedule 5.7 hereto. The Purchase Price set forth in Section 1.2 will be reduced dollar-for-dollar to the extent any such payments are assigned by Related or the Related GPs to Seller and actually paid to Seller prior to or at the Closing ("Additional Distributions"). In addition to the potential distributions set forth on Schedule 5.7 hereto, if C+R receives additional cash as a result of property sales after the date hereof, at Related's request Seller will join with Related and the applicable Related GP in causing C+R to distribute up to $461,588 to the applicable Related GP (or its assignee).

Additional Distributions. The Company may distribute Profits of the Company to the Members in accordance with the Members' Membership Interests, at such times and in such amounts as approved by the Members and the General Manager in accordance with the provisions of Section 4.1.

Additional Distributions. If the Company shall make a dividend or distribution of securities (other than Common Shares or Common Share Equivalents) or other property to the holders of Junior Shares and not to the holders of the Series B-1 Preferred Shares, then, unless the holders of the Series B-1 Preferred Shares are entitled to receive such distribution at a later time upon conversion of the Series B-1 Preferred Shares and such distribution has been set aside for such later distribution, each holder of Series B-1 Preferred Shares shall receive at the time of payment or issuance of such dividend or distribution, without payment or any consideration therefor, such securities or other property which he would have owned immediately following such dividend or distribution had such holder's Series B-1 Preferred Shares been converted immediately prior thereto; and an appropriate provision therefor shall be made a part of any such dividend or distribution.

Additional Distributions. Subject to any rights set forth in a Certificate of Designations, the Board of Managers may declare a distribution (“Additional Distribution”) payable to the holders of record as of the first day of the month designated by the Board of Managers (“Record Date”) out of available cash less the portion thereof used to pay or establish reserves for Company expenses, debt payments, capital improvements, replacements and contingencies, all as reasonably determined by the Board of Managers. Any Additional Distributions shall be mailed to such holders of record no later than the last day of the month. In lieu of mailing, the Company may transmit payment to a Member in any other manner agreed to in writing by the Member.

Additional Distributions. (i) The provisions of this Section 7.1(c) shall be applicable until the earlier date to occur of (x) the fifth anniversary of the Effective Date or (y) the date that Vodafone ceases to hold, directly or through one or more Included Affiliates, a Partnership Interest of at least 20%; and from and after such date the provisions of this Section 7.1(c) shall have no further force or effect. (ii) As used in this Section 7.1(c), the following terms shall have the respective meanings assigned to them below: