Redirected Distribution Amount definition

Redirected Distribution Amount means any amounts paid by the Partnership to any Class A-II Representative Indemnitee pursuant to Section 7 of Exhibit F in connection with, as a result of or arising out of any claim, demand, proceeding or litigation asserted by any holder of Class A-II Units (such holder, an “Asserting Party”) and not reimbursed by the Asserting Party or the other holders of Class A-II Units within 30 days of demand therefor.
View Source
Redirected Distribution Amount means, other than MAC Cure Amounts, the amount of Adjustment Loss attributable to a Redirected Partner.
View Source
Redirected Distribution Amount. As to any Distribution Date, prior to giving effect to any amounts distributable to Class B Certificateholders on such Distribution Date, with respect to which the Class B Principal Balance is less than or equal to the Minimum Required Class B Principal Balance, the Redirected Distribution Amount shall be equal to the amount otherwise distributable to holders of the Class B Certificates as Class B Distribution on such Distribution Date in excess of the sum of clauses (y)(i) and (y)(ii) under the definition of Class B Distribution for such Distribution Date. As to any Distribution Date with respect to which the Class B Principal Balance is greater than the Minimum Required Class B Principal Balance, the Redirected Distribution Amount shall be an amount equal to the excess, if any, of (A) the amount, if any, otherwise distributable to holders of the Class B Certificates on such Distribution Date in excess of the sum of clauses (y)(i) and (y)(ii) under the definition of the Class B Distribution for such Distribution Date, over (B) the amount of the difference between the Class B Principal Balance on such Distribution Date and the Minimum Required Class B Principal Balance.
View Source

Examples of Redirected Distribution Amount in a sentence

  • No amount treated as a Redirected Distribution Amount pursuant to this Section 8.13(b) shall excuse the Disputing Party from its indemnification obligations (if any) pursuant to Article X if the amount of Taxes as ultimately determined (on audit or otherwise) for the periods covered by such Pre-Closing Returns exceeds the amount of the Redirected Distribution Amount under this Section 8.13(b).

  • In the event of a dispute with respect to any such Post-Closing Return, the disputed amounts become a Redirected Distribution Amount of the Disputing Party promptly when such items in dispute are resolved pursuant Section 8.13(g).


More Definitions of Redirected Distribution Amount

Redirected Distribution Amount has the meaning given such term in the LP Agreement.
View Source

Related to Redirected Distribution Amount

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • Class B Distribution Amount Any of the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 or Class B-6 Distribution Amounts.

  • Class B-6 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-6 Certificates pursuant to Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).

  • Available Distribution Amount As to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, an amount equal to (a) the sum of (i) the amount relating to the Mortgage Loans on deposit in the Custodial Account as of the close of business on the immediately preceding Determination Date, including any Subsequent Recoveries, and amounts deposited in the Custodial Account in connection with the substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any Advance made on the immediately preceding Certificate Account Deposit Date, (iii) any amount deposited in the Certificate Account on the related Certificate Account Deposit Date pursuant to the second paragraph of Section 3.12(a), (iv) any amount deposited in the Certificate Account pursuant to Section 4.07, (v) any amount that the Master Servicer is not permitted to withdraw from the Custodial Account or the Certificate Account pursuant to Section 3.16(e), (vi) any amount received by the Trustee pursuant to the Surety Bond in respect of such Distribution Date and (vii) the proceeds of any Pledged Assets received by the Master Servicer, reduced by (b) the sum as of the close of business on the immediately preceding Determination Date of (w) aggregate Foreclosure Profits, (x) the Amount Held for Future Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer from the Custodial Account in respect of the Mortgage Loans pursuant to clauses (ii)-(x), inclusive, of Section 3.10(a). Such amount shall be determined separately for each Loan Group. Additionally, with respect to any Mortgage Pool that is comprised of two or more Loan Groups, if on any Distribution Date Compensating Interest provided pursuant to this Section 3.16(e) is less than Prepayment Interest Shortfalls incurred on the Mortgage Loans in connection with Principal Prepayments in Full and Curtailments made in the prior calendar month, such Compensating Interest shall be allocated on such Distribution Date to the Available Distribution Amount for each Loan Group on a pro rata basis in accordance with the respective amounts of such Prepayment Interest Shortfalls incurred on the Mortgage Loans in such Loan Group in respect of such Distribution Date.

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.