Regular Distribution definition

Regular Distribution has the meaning specified in Section 5.04.
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Regular Distribution means any cash dividend or cash distribution which, when combined on a per Common Unit basis with the per Common Unit amounts of all other cash dividends and cash distributions paid on the Common Units during the 365-day period ending on the date of declaration of such dividend or distribution (as adjusted to appropriately reflect any of the events referred to in Section 2(a) and excluding cash dividends or cash distributions that resulted in an adjustment to the Exercise Price or to the number of Common Units issuable on exercise of this Warrant), does not exceed $0.30 per Common Unit.
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Regular Distribution shall have the meaning ascribed to such term in the Trust Agreement.
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Examples of Regular Distribution in a sentence

  • If a Regular Distribution Date or Special Distribution Date is not a Business Day, distribution shall be made on the immediately following Business Day with the same force and effect as if made on such Regular Distribution Date or Special Distribution Date and no interest shall accrue during the intervening period.

  • In any case where any Regular Distribution Date or Special Distribution Date relating to any Certificate shall not be a Business Day, then (notwithstanding any other provision of this Agreement) payment need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on such Regular Distribution Date or Special Distribution Date, and no interest shall accrue during the intervening period.

  • If a Regular Distribution Date or Special Distribution Date is not a Business Day, distribution shall be made on the immediately following Business Day and no interest shall accrue during the intervening period.

  • In any case where any Regular Distribution Date or Special Distribution Date relating to any Certificate of any series shall not be a Business Day with respect to such series, then (notwithstanding any other provision of this Agreement) payment need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on such Regular Distribution Date or Special Distribution Date, and no interest shall accrue during the intervening period.

  • Upon presentation and surrender of the Certificates of such series in accordance with such notice, the Trustee shall cause to be distributed to Certificateholders of such series amounts distributable on such Regular Distribution Date (or Special Distribution Date, as the case may be) pursuant to Section 4.02.

  • No additional interest shall accrue on the Certificates of such series after any Regular Distribution Date (or Special Distribution Date, as the case may be) of such series, as specified in the first written notice.

  • On each Regular Distribution Date and Special Distribution Date, the Trustee will mail to each such DTC Participant whose name has been provided by DTC the statement described above and will make available additional copies as requested by such DTC Participants for forwarding to holders of interests in the Class A Certificates.

  • On each Regular Distribution Date and Special Distribution Date, the Trustee will mail to each such DTC Participant whose name has been provided by DTC the statement described above and will make available additional copies as requested by such DTC Participants for forwarding to holders of interests in the Class B Certificates.

  • No additional interest shall accrue on the Certificates after the Regular Distribution Date (or Special Distribution Date, as the case may be).

  • Such fee shall be payable in arrears on each Regular Distribution Date.


More Definitions of Regular Distribution

Regular Distribution shall have the meaning assigned to such term in Section 4.9(a).
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Regular Distribution means a Cash Distribution in an amount that, when added to the amount of all other Cash Distributions made during the 12-month period ending on the last day of the fiscal quarter of the Company in which such Cash Distribution is made (or, if this Note has been outstanding for a period shorter than 12 months, the period from the first day of the fiscal quarter in which this Note was issued to the last day of such fiscal quarter) (the "CALCULATION PERIOD"), does not exceed sixty percent (60%) of the income of the Company during the Calculation Period that, if the Calculation Period were a calendar year, would be subject, in the hands of the holders of Units, to U.S. federal income tax applicable to the Calculation Period. For the purposes of this Agreement, "Relevant Period" shall mean the 12 month period ending on such last day (or, if this Note has been outstanding for a period shorter than 12 months, the period from the first day of the fiscal quarter in which the Note was issued to such last day).
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Regular Distribution at any time (a) with respect to distributions from CQP, the then regular quarterly per unit cash distribution from CQP’s Available Cash (as defined in CQP’s agreement of limited partnership as in effect on the date hereof) declared by the board of directors of CQP-GP and paid by CQP to unitholders of record or (b) with respect to distributions from Freeport LNG Development, L.P., the amount determined by the Board of Managers of the Borrower to represent a regular cash distribution.
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Regular Distribution means a quarterly distribution of Available Funds (Jersey) and Available Funds (Mauritius) pursuant to Section 7.1 and the Distribution Policy.
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Regular Distribution means a Cash Distribution in an amount that, when added to the amount of all other Cash Distributions made during the 12-month period ending on the last day of the fiscal quarter of the Company in which such Cash Distribution is made (the "Calculation Period"), does not exceed sixty percent (60%) of the income of the Company during the Calculation Period that, if the Calculation Period were a calendar year, would be subject, in the hands of the holders of Units, to United States federal income tax applicable to the Calculation Period.
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Regular Distribution means a distribution of cash or cash equivalents on or with respect to the Common Stock (a "Cash Distribution") in an amount that, when added to the amount of all other Cash Distributions made during the 12-month period ending on the last day of the fiscal quarter of the Company in which such Cash Distribution is made (or, if this Note has been outstanding for a period shorter than 12 months, the period from the first day of the fiscal quarter in which this Note was issued to the last day of such fiscal quarter) (the "Calculation Period"), does not exceed, on the Business Day immediately preceding the date of such distribution, either (i) 1% of the Current Market Price of the Common Stock or (ii) 12.5% of the net income of the Company (calculated in accordance with generally accepted accounting principles consistently applied) for the 12-month period ending on the last day of the immediately preceding fiscal quarter of the Company.
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Related to Regular Distribution

  • Regular Distribution Date Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Regular Distribution Dates means each April 15 and each October 15, commencing on April 15, 2018; provided, however, that, if any such day shall not be a Business Day, the related distribution shall be made on the next succeeding Business Day without additional interest.

  • Regular Dividend means USD 0.20 per Share per quarter. Upon any adjustment to the “Initial Dividend Threshold” (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • 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: