Operating Distributions definition

Operating Distributions has the meaning set forth in Section 7.2.
Operating Distributions means the quarterly distributions made to the Partners pursuant to Article 8 of the Partnership Agreement.
Operating Distributions means Distributions other than Significant Event Distributions. “Original LLC Agreement” has the meaning given to such term in the Preamble.

Examples of Operating Distributions in a sentence

  • All Operating Distributions and Capital Event Distributions shall be distributed as set in this Article VII.

  • Carried Interest Class B Interest 5% of Distributable Cash attributable to Operating Distributions and 2.5% of Distributable Cash associated with Liquidation Distributions (as set forth in Section 4 of this Agreement).

  • For and in consideration of the assumption of the rights, duties and obligations by Agent hereunder, Winthrop hereby assigns to Agent all of its right, title and interest in and to the Asset Management Fees, the Accrued Asset Management Fees, the Reimbursements, the Operating Distributions and the Refinancing Distributions.

  • Operating Distributions, if any, shall be made to the Members on a quarterly basis, and Capital Event Distributions, if any, shall be made to the Members promptly after actual receipt of the proceeds of the corresponding Capital Event.

  • Operating Distributions, if any, shall be made to the Members on a quarterly basis, and Capital Event Distributions, if any, shall be made to the Members promptly after actual receipt of the proceeds of the corresponding Capital Event, provided, in no event shall any distributions be made hereunder to any Member until after April 30, 2008.

  • The amounts and terms of any Special Distribution and Operating Distributions is the Board’s sole discretion and shall be dependent upon the Company’s financial condition, its profitability, results of operations, capital requirements, and such other factors as the Board deems to be relevant.

  • If rights to preferential distributions from the Project Partnership are to be assigned at Closing as contemplated by Section 4(e) of Schedule A hereto, the Contributors shall deliver to PREIT at least five business days prior to Closing a statement setting forth the sum of the Unpaid Preference Amount and the Unpaid Cumulative Special Operating Distributions as of the Closing.

  • Operating Distributions to TOWL under Section 8A(v)(a) of the Agreement of Joint Venture of the Joint Venture will be 11% per annum (in lieu of 10% per annum) of the amounts stated in such Section to the extent applicable to the Project only (and will remain at 10% per annum with respect to the Birch Run and Williamsburg Projects).

  • The Woodlands Operating Company, L.P. Woodlands Operating Distributions.


More Definitions of Operating Distributions

Operating Distributions means distributions of Operating Cash Flow to the Members of the Company.
Operating Distributions means distributions made in accordance with Sections 3.5 and 3.6.

Related to Operating Distributions

  • Cash Distributions means dividends, interest and other distributions and payments (including proceeds of liquidation, sale or other disposition) made or received in cash upon or with respect to any Collateral.

  • Distributions means amounts payable in respect of the Trust Securities as provided in Section 4.1.

  • Final Distributions means, with respect to the Certificates of any Trust on any Distribution Date, the sum of (x) the aggregate amount of all accrued and unpaid interest on such Certificates (excluding interest, if any, payable with respect to the Deposits relating to such Trust) and (y) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (less the amount of the Deposits for such Class of Certificates as of such preceding Distribution Date other than any portion of such Deposits thereafter used to acquire Equipment Notes pursuant to the Note Purchase Agreement). For purposes of calculating Final Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Final Distributions.

  • Tax Distributions has the meaning set forth in Section 4.01(b)(i).

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to: