Tax Distributions definition

Tax Distributions has the meaning set forth in Section 4.01(b)(i).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Tax Distributions means any distributions described in Section 4.04(b)(xii).

Tax Distributions has the meaning set forth in Section 7.3.

Examples of Tax Distributions in a sentence

Except as provided in 5.1(e)(iv), all Tax Distributions shall be made pro rata in accordance with Membership Percentages.
To the extent a holder of Series A Units would receive for any Fiscal Quarter less than its Pro Rata Share of the aggregate Tax Distributions to be paid pursuant to the preceding sentence, the Tax Distributions to such Partner shall be increased to ensure that all Tax Distributions to holders of Series A Units are made in accordance with their Pro Rata Share.
Notwithstanding the foregoing, Distributions pursuant to Section 4.1(b) with respect any taxable period shall first be treated as Tax Distributions pursuant to this Section 4.1(a)(i) to the extent of any entitlement thereto.
If reasonably practicable, and as the Company deems appropriate, the Company shall make distributions of estimated Tax Distributions for a Fiscal Year of the Company on a quarterly basis to facilitate the payment of quarterly estimated income taxes, taking into account amounts previously distributed in respect of that Fiscal Year under this 5.1(e)(iii).
Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Partner’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other items pursuant to any provision of this Agreement.

Tax Distributions has the meaning assigned to such term in Section 6.07(a)(vii)(A).

Tax Distributions has the meaning specified in Section 5.02(b).

Tax Distributions means any distributions described in Section 6.06(b).

Tax Distributions has the meaning specified therefor in Section 7.02(h)(A).

Tax Distributions shall have the meaning set forth in Section 6.4(b) hereof.

Tax Distributions means any distributions described in Section 7.2(b)(xi).

Tax Distributions mean the Restricted Payment permitted pursuant to Section 7.06(g)(i).