Tax Distribution definition

Tax Distribution has the meaning set forth in Section 4.4.

Tax Distribution has the meaning set forth in Section 5.2.

Tax Distribution means a distribution made by the Company pursuant to Section 5.03(e)(i) or Section 5.03(e)(iii) or a distribution made by the Company pursuant to another provision of Section 5.03 but designated as a Tax Distribution pursuant to Section 5.03(e)(ii).

Examples of Tax Distribution in a sentence

• The Manager may consider all matters incidental to the finances of the Company in determining Available Cash, including Reserves required under Section 4.8 and Tax Distribution required under Section 4.9. The Manager shall distribute Available Cash to the Class B Members in accordance with their respective Class B Percentage Interests at least annually, or more frequently in the discretion of the Manager.

• In the event the City fails to reimburse NDDOT, such failure shall constitute an assignment of funds, derived from the State Highway Tax Distribution Fund now or hereafter coming into the hands of the State Treasurer to the credit of the City, and that the State Treasurer is xxxxxx directed to deliver and pay over to NDDOT all funds credited to the City until the total thereof equals the sum billed pursuant to this agreement.

• The Company shall, subject to having sufficient Cumulative Available Funds, make distributions to the Members to the extent of the required Tax Distribution, if any, of such Member for such Fiscal Year.

• Tax Distribution As set forth in 7.3.1. Tax Liability As set forth in 7.4.1. Third-Party Indemnifier Any Person (other than the Company, the Fund and the Management Company) that is legally or contractually obligated to make indemnification payments (or equivalent payments pursuant to an insurance policy or similar arrangement) to an Indemnitee.

• Distributions made in cash to any Member pursuant to 7.2.1 during any fiscal year (other than any amounts treated as a Tax Distribution with respect to a prior fiscal year, as determined by the Manager, in his sole discretion) shall reduce dollar-for-dollar the amount of Tax Distributions to which such Member otherwise would be entitled pursuant to 7.3.1 with respect to such fiscal year.

More Definitions of Tax Distribution

Tax Distribution shall have the meaning assigned to such term in Section 6.06(f).

Tax Distribution has the meaning set forth in Section 7.11.

Tax Distribution means, for any fiscal quarter or fiscal year or other period of the Partnership during the term of the Partnership, the product of (a) the aggregate amount of taxable income or gain allocated to the Partners pursuant to Section 5.04(a) for such period and (b) the Applicable Tax Rate for such period.

Tax Distribution is defined in Section 5.2.1.

Tax Distribution means, with respect to any period, distributions made to any Person by a Subsidiary of such Person on or with respect to income and other taxes, which distributions are not in excess of the tax liabilities that, (i) in the case of a Subsidiary that is a corporation, would have been payable by such Subsidiary on a standalone basis, and (ii) in the case of a Subsidiary that is a partnership, would have been distributed by such Subsidiary to its owners with respect to taxes, and in each case which are calculated in accordance with, and made no earlier than 10 days prior to the date required by, the terms of the applicable organizational document which requires such distribution.

Tax Distribution is defined in ‎Section 3.2(a).

Tax Distribution shall have the meaning set forth in Section 3.4.