Distribution Threshold Amount definition

Distribution Threshold Amount means, with respect to any fiscal quarter, the amount by which (a) $11.0 million exceeds (b) the sum of (i) the Applicable Debt Service Amount for such quarter plus (ii) the Applicable Carryover Amount for such quarter.
Distribution Threshold Amount has the meaning set forth in Section 4.1.
Distribution Threshold Amount means, with respect to each Profits Interest Unit, the dollar amount established by the Board of Managers, in its sole discretion, as the Distribution Threshold Amount for such Profits Interest Unit for purposes of Section 4.1 hereof, which amount shall not under any circumstances be less than the per Unit Liquidation Value of the Common Units that are not Profits Interests as of the date of the issuance of such Profits Interest Unit.

Examples of Distribution Threshold Amount in a sentence

  • If an adjustment is required to be made under this Section 9.05 as a result of a cash dividend in any quarterly period that exceeds the Distribution Threshold Amount, the adjustment shall be based upon the amount by which the distribution exceeds the Distribution Threshold Amount.

  • The Distribution Threshold Amount is subject to adjustment under the same circumstances under which the Base Conversion Price is subject to adjustment pursuant to Section 9.05(a)(i) or Section 9.05(a)(ii).

  • In each such case, the Distribution Threshold Amount shall be calculated on a prorated basis for the applicable portion of such fiscal quarter.

  • Until the aggregate amount of distributions to Unitholders pursuant to this Section 4.4(a), taking into account only the current distribution and any previous distributions made after the Class D Effective Date, equal the Class D/E Distribution Threshold Amount, 100% of Distributable Assets shall be distributed in accordance with subparagraphs (i) through (vii) below; provided that, no distributions under subparagraph (i) below shall be made to the Class D Unitholders or the Class E Unitholders.

  • Until the aggregate amount of distributions to Unitholders pursuant to this Section 4.4(a), taking into account only the current distribution and any previous distributions made after the Class D Effective Date, equal the Class D Distribution Threshold Amount, 100% of Distributable Assets shall be distributed in accordance with subparagraphs (i) through (vii) below; provided that, no distributions under subparagraph (i) below shall be made to the Class D Unitholders.

  • The [[NYCORP:2552346v6:4259b:11/07/05--10:59 p]] Distribution Threshold Amount is subject to adjustment under the same circumstances under which the Conversion Price is subject to adjustment pursuant to Section 9.05(a)(i) or Section 9.05(a)(ii).


More Definitions of Distribution Threshold Amount

Distribution Threshold Amount means, with respect to any fiscal quarter, the amount by which (a) $11.0 million exceeds
Distribution Threshold Amount means [*].

Related to Distribution Threshold Amount

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a)(v).

  • Threshold Amount means $50,000,000.

  • Withheld Amount means any amount required to be withheld by the Partnership to pay over to any taxing authority as a result of any allocation or distribution of income to a Partner.

  • Restoration Threshold means, with respect to each Individual Property, an amount equal to 5% of the outstanding principal amount of the Allocated Loan Amount attributable to such Individual Property.

  • First Liquidation Target Amount has the meaning given such term in Section 6.1(c)(i)(D).