COVERED DISTRIBUTION

Example Definitions of "COVERED DISTRIBUTION"
COVERED DISTRIBUTION. (a) any dividend (other than dividends payable solely in the common stock of the Borrower) on, or any payment on account of, or any setting apart of assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of capital stock of the Borrower or any warrants or options to purchase any such stock, whether now or hereafter outstanding, or any other distribution in respect thereof and (b) any payment of the... principal of, interest on or other amounts payable with respect to intercompany loans to the Borrower from Edison International or any subsidiary of Edison International that is not a subsidiary of the Borrower. View More Arrow
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