Distribution Definitions from Business Contracts | Business Dictionary

Distribution. Any payment or distribution by any Person of cash, securities (other than (i) Common Stock issued pursuant to a conversion by the Subordinated Creditors pursuant to the 12% Secured Convertible Notes or hereunder or (ii) any penalty incurred by the Company as a result of its failure to timely deliver Common Stock pursuant to the terms of the 12% Secured Convertible Notes) 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 View More

Found in Medite Cancer Diagnostics, Inc. contract

Distribution. Is defined in the recitals hereof.

Found in Perspecta Inc. contract

Distribution. Any payment or distribution by any Person of assets of any kind or character (whether in cash, securities, assets, by set-off, or otherwise and including by purchase redemption or other acquisition)

Found in Nuverra Environmental Solutions, Inc. contract

Distribution. (m)"Distribution" shall mean the distribution of OmniAb's common stock then owned directly by the Company to the Company's stockholders in furtherance of the spin-off of OmniAb from the Company, as more fully described in that certain Separation and Distribution Agreement, dated as of March 23, 2022, by and among the Company, OmniAb, Avista Public Acquisition Corp. II, and Orwell Merger Sub Inc., as amended from time to time.

Found in Ligand Pharmaceuticals Incorporated contract

Distribution. Means, with respect to any Senior Debt or Subordinated Debt, (a) any payment or distribution by any Person of cash, securities or other property, by set-off or otherwise, on account of such Senior Debt or Subordinated Debt, (b) any redemption, purchase or other acquisition of such Senior Debt or Subordinated Debt by any Person or (c) the granting of any lien or security interest to or for the benefit of the holders of such Senior Debt or Subordinated Debt in or upon any property of any Person

Found in Tortoise Acquisition Corp. II contract

Distribution. The meaning specified in the recitals to this Agreement

Found in ESAB Corp contract

Distribution. (m) "Distribution" shall mean the distribution of the Company's common stock then owned directly by Ligand to the stockholders of Ligand in furtherance of the spin-off of the Company from Ligand, as more fully described in the Separation and Distribution Agreement by and among the Company, Ligand and Avista Public Acquisition Corp. II, dated as of March 23, 2022.

Found in Avista Public Acquisition Corp. II contract

Distribution. Meaning set forth in the Separation and Distribution Agreement

Found in Bluerock Residential Growth REIT, Inc. contract

Distribution. Means a transfer of money or other property to a Member or Assignee on account of a Unit.

Found in Banjo & Matilda, Inc. contract

Distribution. Means the transfer of cash or other property without consideration whether by way of dividend or otherwise (other than dividends on Common Stock payable in Common Stock), or the purchase or redemption of shares of the Corporation for cash or property other than repurchases of Common Stock (or securities convertible into Common Stock) approved by the Corporation's Board of Directors.

Found in Golden Matrix Group, Inc. contract