Qualified Distributions definition

Qualified Distributions means all distributions related to Qualifying Assets by way of any dividends or other distributions or through redemption or purchase of redeemable participating preference shares.
Sample 1Sample 2
Qualified Distributions means partnership distributions of CC II, L.P., made in accordance with Section 8.26 hereof. "Quarterly Dates" shall mean the last Business Day of each March, June, September and December the first of which shall be the last Business Day of March 1997. "Regulation D" shall mean Regulation D of the Board of Governors of the Federal Reserve System (or any successor thereto), as the same may be amended or supplemented from time to time. "Regulatory Change" shall mean, with respect to any Bank, any change after the date of this Agreement in United States federal, state or foreign laws or regulations (including Regulation D) or the adoption or making after such date of any interpretations, directives or requests applying to a class of banks including such Bank of or under any United States federal or state, or any foreign, laws or regulations (whether or not having the force of law) by any court or governmental or monetary authority charged with the interpretation or administration thereof. "Reserve Requirement" shall mean, for any Fixed Rate Loans on a daily basis, the maximum rate at which reserves (including any marginal, supplemental or emergency reserves) are required to be maintained (in the case of CD Loans) or the actual rate at which reserves (including any marginal, supplemental or emergency reserves) are maintained (in the case of LIBOR Loans), in each case during the Interest Period therefor, under Regulation D by member banks of the Federal Reserve System in New York City with deposits exceeding one billion Dollars against (a) in the case of LIBOR Loans, "Eurocurrency liabilities" (as such term is used in Regulation D) or (b) in the case of CD Loans, non- personal Dollar time deposits in an amount of $100,000 or more. Without limiting the effect of the foregoing, the Reserve Requirement shall reflect any other reserves required to be maintained by such member banks by reason of any Regulatory Change against (x) any category of liabilities which includes deposits by reference to which the Fixed Base Rate for LIBOR Loans or CD Loans (as the case may be) is to be determined as provided in the definition of "Fixed Base Rate" in this Section 1.1 or (y) any category of extensions of credit or other assets which include any Type of Fixed Rate Loan. "Restricted Payments" shall mean: (a) prepayments (other than prepayments of Capital Lease Obligations and Indebtedness permitted under Section 8.8(b) hereof) of principal of, or interest on, or any other amoun...
Sample 1

Examples of Qualified Distributions in a sentence

  • In addition, distributions of your Roth IRA earnings will be free from federal income tax if you take a qualified distribution, as described below.F. Taxation of Distributions – The taxation of Roth IRA distributions depends on whether the distribution is a qualified distribution or a nonqualified distribution.1. Qualified Distributions.

  • These repayments are not subject to the one rollover per 12 month rule and are not subject to normal requirement to complete a rollover within 60 days of receipt of the assets.• Qualified Distributions received that must be included as taxable income for the participant default to being included ratably over the 3-taxable year period beginning with the taxable year the distribution is received, alternately a participant may elect to include the amount in its entirety as taxable income in the year received.

  • For more information on this tax relief, refer to IRS Publication 4492-B, Information for Affected Taxpayers in the Midwestern Disaster Area.1. 10 Percent Penalty Tax Exception on Qualified Distributions – Qualified disaster recovery assistance distributions are not subject to the 10 percent early distribution penalty tax.

  • The Administrator is responsible for monitoring and maintaining the Account, including, but not limited to: (a) the Account Balance; (b) the Beneficiary’s status as an Eligible Individual; and (c) the support for Qualified Distributions; to qualify for, and comply with, state and federal programs and laws.

  • Performance does not reflect any taxes payable in connection with Non-Qualified Distributions, or, if applicable, Qualified Distributions.

  • Qualified Distributions made payable to the Account Owner, the Beneficiary or an Eligible Educational Institution may be requested online or by phone by providing verifying Account information upon request.

  • If elected by the Sponsoring Employer in the Election Form, then this paragraph (f) apply to the re-contribution of prior Qualified Distributions.

  • This section also describes the difference between Qualified Distributions, Non-Qualified Distributions and other types of withdrawals (for example, when the Beneficiary receives a scholarship, or is unable to attend school due to a Disability).

  • Taxation of Roth Amounts Qualified Distributions and Other Distributions.

  • Only Qualified Distributions from the Roth Contribution Account are available for unforeseeable emergency distributions.

Related to Qualified Distributions

  • Permitted Distribution means any of the following:

  • Available Distribution Amount As to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, an amount equal to (a) the sum of (i) the amount relating to the Mortgage Loans on deposit in the Custodial Account as of the close of business on the immediately preceding Determination Date, including any Subsequent Recoveries, and amounts deposited in the Custodial Account in connection with the substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any Advance made on the immediately preceding Certificate Account Deposit Date, (iii) any amount deposited in the Certificate Account on the related Certificate Account Deposit Date pursuant to the second paragraph of Section 3.12(a), (iv) any amount deposited in the Certificate Account pursuant to Section 4.07, (v) any amount that the Master Servicer is not permitted to withdraw from the Custodial Account or the Certificate Account pursuant to Section 3.16(e), (vi) any amount received by the Trustee pursuant to the Surety Bond in respect of such Distribution Date and (vii) the proceeds of any Pledged Assets received by the Master Servicer, reduced by (b) the sum as of the close of business on the immediately preceding Determination Date of (w) aggregate Foreclosure Profits, (x) the Amount Held for Future Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer from the Custodial Account in respect of the Mortgage Loans pursuant to clauses (ii)-(x), inclusive, of Section 3.10(a). Such amount shall be determined separately for each Loan Group. Additionally, with respect to any Mortgage Pool that is comprised of two or more Loan Groups, if on any Distribution Date Compensating Interest provided pursuant to this Section 3.16(e) is less than Prepayment Interest Shortfalls incurred on the Mortgage Loans in connection with Principal Prepayments in Full and Curtailments made in the prior calendar month, such Compensating Interest shall be allocated on such Distribution Date to the Available Distribution Amount for each Loan Group on a pro rata basis in accordance with the respective amounts of such Prepayment Interest Shortfalls incurred on the Mortgage Loans in such Loan Group in respect of such Distribution Date.