Distribution Threshold

Example Definitions of "Distribution Threshold"
Distribution Threshold. In the case of a Unit, has the meaning set forth in the LLC Agreement, and, in the case of a Phantom Unit, means the amount specified with respect to a Phantom Unit in the Award Agreement pursuant to which such Phantom Unit is issued, in each case as may be adjusted from time to time
Distribution Threshold. The Fair Market Value of the Company immediately prior to the issuance of the Phantom Units.
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