Cash Available for Distribution

Cash Available for Distribution. Net income less cash expenditures for capital items related to the Company's fleet of Vessels, other than Vessel acquisitions

Cash Available for Distribution. Means all cash of the Company excluding (a) amounts necessary for the payment of the liabilities of the Company including the Xeriant Services Fee and the Movychem Patent Purchase Price payments, (b) such additional amounts as the Management Committee determines to be necessary or desirable as a reserve for the operation of the business and future or contingent liabilities of the Joint Venture and (c) amounts to be utilized for research and development (the "R & D Retention").