Distributed Income definition

Distributed Income means the consideration paid by the company on buy-back of shares as reduced by the amount, which was received by the company for issue of such shares, determined in the manner as may be prescribed.

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Distributed Income means the consideration paid by the company on buy-back of shares as reduced by the amount which was received by the company for issue of such shares.

Distributed Income means any part of the Trust Fund which the Trustee determines to Distribute under clause 9.1;

Examples of Distributed Income in a sentence

• The allocation of all Distributed Income of the Company (as hereinafter defined) shall be 60% to Investor, 20% to AJOA and 20% to Wise Phoenix until distribution of the Purchase Price (plus any undistributed Return on Capital) (as hereinafter defined) to the Investor; thereafter, Distributed Income shall be allocated 40% to Investor, 30% to AJOA and 30% to Wise Phoenix.

• Distributed Income shall be the net income of the Company, after adding noncash expenses (within the meaning of generally accepted accounting principles) less any reserves, which shall not exceed 20% of gross revenues, designated by the Company board of directors to be retained for working capital or other necessary business expenses.

• The remunerations for use of such domain name will be included in the Distributed Income to be received by Shanghai IT as set out in Article 8 herein.

More Definitions of Distributed Income

Distributed Income means, in relation to a Class B Calculation Period, all amounts declared or paid by the Directors to Class A Shareholders and the Class B Shareholders in accordance with the provisions of article

Distributed Income means the confirmed Sales Income distributed to a Party of this Agreement in accordance with Article 8 herein.

Distributed Income means, for any period, the sum of the following amounts (determined without duplication, and excluding any amount that previously represented Distributed Income for purposes of this definition), but only to the extent received in cash by the Company from a Subsidiary during such period: (a) dividends paid to the Company by the Subsidiaries during such period, (b) consulting and management fees paid to the Company by the Subsidiaries during such period, (c) tax sharing payments made to the Company by the Subsidiaries during such period and (d) interest and other cash payments made to the Company by the Subsidiaries during such period other than (i) returns of invested capital, except for returns on invested capital in accordance with the ordinary course of business, (ii) payments of the principal of Indebtedness of any such Subsidiary to the Company and (iii) payments in an amount equal to the aggregate amount released from debt service reserve accounts upon the issuance of Guarantees by any Loan Party or letters of credit for the account of any Loan Party and for the benefit of the beneficiaries of such accounts. For purposes of determining Distributed Income, proceeds received by the Company, directly or indirectly from a Subsidiary, from Asset Sales, Recovery Events, Equity Issuances or the incurrence of Indebtedness or any merger, consolidation, liquidation or dissolution shall not be included in Distributed Income for any period.

Distributed Income means the consideration paid by the company on buy-back of shares as reduced by the amount, which was received by the company for issue of such shares, determined in the manner as may be prescribed. [It has been prescribed by way of notification 94/2016- refer point no. (K)]