Net Distribution definition

Net Distribution means, for any particular period, an amount equal to Revenues for such period less the sum of: (x) Operating Expenses for such period, plus (y) the Management Fee for such period.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Net Distribution means the draws from net income by any

Net Distribution means the draws from net income by any owner of a pass-through

Examples of Net Distribution in a sentence

• No later than forty-five days following the end of the calendar quarter, Manager shall provide Owner with an adjusted calculations of the Net Distribution for the preceding quarter, computer on a quarterly basis.

• Accordingly, Manager shall remit by wire transfer to Owner’s Account, within sixty days following the final business day of each month, an estimated amount of Owner’s Net Distribution for such month, it being understood that except for the first three months during the term hereof, an amount equal to *** for the previous quarter is a reasonable estimate of Owner’s monthly Net Distribution.

• The Borrower shall, immediately deposit the Net Distribution Proceeds of such distribution from the Senior Borrower into a Blocked Account.

• If the quarterly Management Fee so recomputed is *** the dollar amount of the total of the ***, the Manager will make a *** to the final calculation of Owner’s Net Distribution for such quarter made in accordance with Section 9(b) so that the *** paid will equal the quarterly Management Fee so recomputed.

• On each Distribution Date, the Company shall make to each Qualifying Consenting Beneficiary a distribution of Money in US dollars equal to its Net Distribution calculated as described in Clause 10.1.

More Definitions of Net Distribution

Net Distribution means the sum of the payments made to a county's public library fund during a distribution year, adjusted as follows:

Net Distribution has the meaning set out in Clause 10.1

Net Distribution means the amount of the cash distribution or cash dividends after deduction for (i) all expenses paid or payable in connection with such distributions or dividends, and (ii) any payment in respect of any personal taxes or other taxes on the cash distributions or cash dividends.

Net Distribution means the draws from net income by any owner of a pass-through entity. Taxable distributions are limited by the amount of draws or net income for that owner, whichever is less. If the owner’s draw exceeds that individual’s net profit, the excess draw is a return of capital. A return of capital is not taxable because it is a liquidation of an owner’s assets.

Net Distribution means, with respect to the Baseline Model or the Updated Model, as applicable, the difference between (a) the distribution from Newco II Inc. to Buyer and (b) the capital contribution from Buyer to Newco II Inc.

Net Distribution means the amount the Trust will pay to the Securityholder after the Trust's or that Securityholder's payment, deduction or withholding an amount for or on account of any present or future taxes, duties, assessments or other governmental charges imposed with respect to that payment by any taxing authority that would not have been imposed if the Non-U.S. Merger had not occurred. For purposes of determining the amount of the Gross-Up Payment, to the extent that any withholding or imposition of any tax, duty, assessment or other governmental charge is assessed on different taxpayers at different rates, the rate applicable to each Holder of Trust Securities will be the highest marginal rate for the period in which the Gross-Up Payment is to be made. Any reference in this Amended and Restated Declaration of Trust, or the Trust Securities, to interest, Distributions or any other amount payable in respect of the Trust Securities also refers to any Gross-Up Payment payable with respect thereto pursuant to this Section 2.11.

Net Distribution is defined in Section 6.3(F).