Extraordinary Distribution

Extraordinary Distribution. Shall mean any dividend or other distribution (effected while any of the shares of Convertible Preferred Stock are outstanding) to the holders of Common Stock of (i) cash, other than where such cash dividend or distribution is an ordinary or regular quarterly cash dividend and/or (ii) any shares of capital stock of the Corporation (other than shares of Common Stock), other securities of the Corporation, evidences of indebtedness of the Corporation or any other person, or any other property... (including shares of any Subsidiary of the Corporation) or any combination thereof. View More

Extraordinary Distribution. Means a distribution in a given calendar year by UAE Holdings to its shareholders or MSW I to its members related to significant non-operational events such as a liquidation or dissolution of UAE Holdings and/or MSW I, incremental debt financings, major asset sales or buy-downs of power purchase contracts.

Extraordinary Distribution. Means a distribution by the Company to holders of shares of its Common Stock of securities, evidences of indebtedness, assets, cash, rights or warrants provided that the fair market value (as reasonably determined by the Board of Directors) of the property distributed exceeds 10% of the Fair Market Value of such shares on the applicable record date

Extraordinary Distribution. A distribution excluding an ordinary dividend, stock split or stock dividend, as defined pursuant to Section 424 of the Code.