Total Distributions definition
Examples of Total Distributions in a sentence
The “TRA Coverage Ratio” shall be met with respect to a Tax Benefit Payment if Cash Available for Distribution during the four-quarter period ending on September 30 of the calendar year in which such Tax Benefit Payment would be due and payable equals or exceeds 130% of the Total Distributions for such four-quarter period.
During the Term of Support, the Distribution Coverage for each applicable quarter is to be calculated assuming that Total Distributions for such quarter equal an amount in cash sufficient to pay all equity holders including incentive distributions for the period for which distributions are declared a distribution of $0.5175 per unit.
The term "Total Distributions" shall have the meaning set forth in Section 16.2(g).
Fourth, seventy-seven percent (77%) to such Common Unitholder and twenty-three percent (23%) to the Management Incentive Members in proportion to their MIU Percentages until (A) the IRR of such Common Unitholder is greater than twenty-five percent (25%) and (B) such Common Unitholder has received Total Distributions with respect to the Common Units held by such Common Unitholder equal to 4.0 times the amount of its aggregate Capital Contributions (the “Fourth Threshold”).
The following formula is used to determine the non-taxable portion of distributions for a taxable year: [Remaining Non-Deductible Contributions Year-End / Total Traditional IRA Acco▇▇▇ Balances] X Total Distributions (for the year) = Non-Taxable Distributions (for the year) All of an individual's Traditional IRAs are treated as a single IRA to figure ▇▇e year-end total IRA account b▇▇▇nce.