Distribution

Distribution. Shall have the meaning set forth in the Separation Agreement.

Distribution. The distribution by Distributing of all of the common stock of Controlled that is held by Distributing to Distributing's shareholders pursuant to the Separation Agreement

Distribution. Shall mean, with respect to any Person, (i) the retirement, redemption, purchase or other acquisition for value of any shares, units, capital stock or other equity security interests issued by such Person or (ii) the declaration or payment of any dividend or distribution on or with respect to any such shares, units, capital stock or other equity security interests (other than a share or stock dividend payable only in the shares or capital stock of such Person); provided, however, that... Distribution shall not include any salary, bonus, expense reimbursement, employee share options or exercises thereof, employee long term incentive grants or exercises thereof, or similar payment. View More

Distribution. The payment of incentive compensation in cash or bank balance adjustment(s).

Distribution. Means (i) any payment or distribution made by the Company on account of the Note, whether in the form of cash, securities or other property, by setoff or otherwise, or (ii) any redemption, purchase or other acquisition by the Company of all or a portion of the Note, in each of cases (i) and (ii), other than any payment, distribution, redemption, purchase or other acquisition made (x) through the exchange of all or a portion of the Note into or for (I) equity securities of the Company or (II)... debt securities of the Company that (A) are subordinated in right of payment to the Existing Secured Debt to at least the same extent as this Note is subordinated to the Existing Secured Debt, (B) do not have the benefit of any obligation of any Person (whether as issuer, guarantor or otherwise) unless the Existing Secured Debt has at least the same benefit of the obligation of such Person and the obligation of such Person to the Holder is subordinated to the obligations of such Person to the Existing Secured Debt Holder to at least the same extent that this Note is subordinated to the Existing Secured Debt and (C) is either unsecured or secured by liens that are subordinated to the liens securing the Existing Secured Debt, (y) at any time that no "Default" (as defined in the Existing Secured Debt) has occurred and is continuing under Section 6(a) or 6(c) of the Existing Secured Debt or (z) through the accrual and addition to principal of capitalized interest in the amounts and at the times specified in this Note. View More

Distribution. The Distribution as defined in the Employee Matters Agreement

Distribution. Shall mean the final liquidating distribution of Holdings

Distribution. That distribution on a pro rata basis of all of the outstanding INSW Common Stock to (a) holders of OSG Class A Common Stock and to (b) holders of OSG Warrants, treating the OSG Warrants on an as-exercised basis without deduction for the exercise price of the OSG Warrants, as of the record date for the distribution

Distribution. The issuance to stockholders of Air Products of all of the issued and outstanding common stock of Versum.

Distribution. Means, with respect to any indebtedness, (a) any payment or distribution by any Person of cash, securities or other property, by set-off or otherwise, on account of such indebtedness or obligation, (b) any redemption, purchase or other acquisition of such indebtedness or obligation by any Person, or (c) the granting of any lien or security interest to or for the benefit of the holders of such indebtedness or obligation in or upon any property of any Person. Notwithstanding the foregoing, (a)... any Subordinated Debt Conversion (including the issuance of any Interest Conversion Shares as defined in the Subordinated Note in lieu of cash interest), any non-cash payment in kind in respect of any interest on the Subordinated Debt, (b) any issuance of the Warrant or any shares of common stock of Parent upon any exercise of the Warrant, and (c) any issuance of the Commitment Fee Shares as defined in the Subordinated Note Agreement, in each case, shall not be considered a Distribution for purposes of this Agreement. View More