Total Distributions definition

Total Distributions shall have the meaning provided in Section 5(g).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Total Distributions means the aggregate of the sum of all Distributions and Additional Distributions paid or payable to Unitholders in a taxation year.

Total Distributions shall have the meaning set forth in Section 15.2(g).

Examples of Total Distributions in a sentence

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 “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.
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.
The term "Total Distributions" shall have the meaning set forth in Section 16.2(g).
For the avoidance of doubt, if Amit’s Total Distributions equal or exceed the Target Amount, no additional compensation shall be due and payable to Amit hereunder.

More Definitions of Total Distributions

Total Distributions means the aggregate distributions of Spark HoldCo necessary to cause the Corporate Taxpayer to receive distributions of cash equal to (i) the Target Distribution on each Quarterly Distribution Date during the applicable four-quarter period, plus (ii) its Assumed Tax Liability on each Tax Distribution Date during such four-quarter period, plus (iii) the expected Tax Benefit Payment payable during the calendar year for which the TRA Coverage Ratio is being tested.

Total Distributions means, as of any date of determination, the total amount of cash and the Net Agreed Value (as of the date of actual distribution) of all property distributed to the Members as of such date of determination pursuant to Section 4.2.

Total Distributions means, as of any relevant time of determination and with respect to any Unit, the sum of the total amount of cash and the Fair Market Value (as of such date of actual Distribution) of property or securities of all Distributions made as of such date of determination (and solely for purposes of Section 9.9, together with the sum of the total amount of cash reasonably expected to, in the good faith determination of the Dragging Member, be distributed in connection with such Monetization Sale, as applicable) with respect to such Unit (exclusive of Tax Distributions with respect to any such Class B Preferred Unit and inclusive of Tax Distributions with respect to any such Common Unit).

Total Distributions shall have the meaning set forth in subparagraph (8) of paragraph (B) below.

Total Distributions means, at any time, the total amount of Distributable Cash distributed or deemed distributed to all of the Members pursuant to Section 7.1, but excluding, for the avoidance of doubt, any amount distributed to the Members in respect of Company Loans.

Total Distributions shall have the meaning set forth in Section 3(g) hereof.

Total Distributions for any calendar year shall mean the sum of the Net Shareholder Distributions (as defined herein) for such calendar year and the Designated Management Fees (as defined herein) for such calendar year.