Distributable Amount definition

Distributable Amount has the meaning set forth in Section 5.02(d) hereof.

Distributable Amount means the vested balance in the applicable Account as determined under Article 4.

Distributable Amount means the vested balance in the Participant's Deferral Account and Company Contribution Account.

Examples of Distributable Amount in a sentence

• The preparation of the accounts of the Fund in accordance with current Australian accounting standards and generally accepted accounting principles is not to be regarded as a determination of the method for calculating the Distributable Amount.

• It is acknowledged by Unitholders that such payments of Distributable Amounts shall be good and complete discharge to the Responsible Entity in respect of any liability to any person in respect of an entitlement to such Distributable Amount.

• Excess distribution 9.13 If it is determined that, as at the end of a Financial Year, the aggregate of the amounts that have been distributed in accordance with this clause 9 exceed the actual Distributable Amount for the Financial Year, the excess will be taken to be a distribution of capital.‌ Fund taxed as company 9.14 If the Fund is to be taxed as if it were a company, the Manager may determine that this clause 9.14 applies to any Distribution Period instead of clauses 9.1 to‌9.13.

• S-44 Class B Interest Distributable Amount .........................

• Distributable Amount 9.5 The Distributable Amount for a period is:‌ (a) if the Manager makes an election pursuant to clause 9.4(a), the amount so determined by the Manager; or (b) if the Manager makes no election pursuant to clause 9.4(a), the Operating Income for that period.

More Definitions of Distributable Amount

Distributable Amount means the vested balance in a Participant’s Accounts subject to distribution in a given Plan Year.

Distributable Amount means the vested balance in Participant’s Deferral Account and Company Contribution Account.

Distributable Amount means the vested balance in the Participant's Accounts subject to distribution in a given Plan Year.

Distributable Amount means the distributable amount as provided in Article 461, paragraph (2) of the Act;

Distributable Amount means the balance of a Participant's Account at any given time.

Distributable Amount means the entire amount credited to a Participant’s Account or Plan Year Account. Such amount shall be valued on the date the distribution is made to the Participant under Article VII.

Distributable Amount means the amount credited to a Participant’s Account.