Examples of Permitted Tax Distributions in a sentence
Make or permit any of its Subsidiaries to make any Restricted Payment other than (a) Permitted Restricted Payments and (b) Permitted Tax Distributions.
Sadly, Ms. Squair lost her daughter Maelen, who passed away September 2019.
Explain what role they will play in meeting contract requirements.
Consolidated Net Income shall be reduced by the amount of distributions for Permitted Tax Distributions actually made to any Parent Entity of such Person in respect of such period in accordance with Section 3.3(b)(9)(i), as though such amounts had been paid as Taxes directly by such Person for such periods.
The Borrower will not permit KSE to declare or pay any Dividends other than (i) Permitted Tax Distributions and (ii) any distributions by KSE in connection with the repayment or prepayment of the Loan.