Tax Distribution definition

Tax Distribution has the meaning set forth in Section 4.4.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

Solely for purposes of calculating a Member’s (or former Member’s) estimated Common Per Unit Tax Distribution Amount, any Member (or former Member) that held Common Units as of the date specified in clause (1)(x) of this Section 5.4(b)(i)(A) shall be treated as if such Member (or former Member) continued to hold Common Units as of the end of the relevant Fiscal Quarter.
Except as otherwise set forth in this Agreement, distributions to the Members (or former Members) may be made in cash or in kind, or partly in cash and partly in kind, as determined by the Manager, provided that the form of any distribution shall be identical for all Members holding Common Units (and former Members who held Common Units and are entitled to a Tax Distribution pursuant to Section 5.4(b)(i)).
If the amount of a Tax Distribution is reduced due to a shortfall of available cash, such reduction shall be allocated among the Investors proportionately based on the relative size of the Tax Distributions such Investors would have received had no such reduction been made.
Any such contribution and issuance of Interests shall be made on such Tax Distribution Date.
A Tax Distribution to an Investor shall be treated as an advance against future distributions to such Member under Paragraph 1.

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 7.03.

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 is defined in Section 3.2(a).

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 has the meaning specified in Section 7.06(k)(i).