Undistributed Earnings definition

Undistributed Earnings means, on any given date, the greater of (but not less than zero): (i) the retained earnings (or similar entry) shown on the audited financial statements of the Company for the prior Fiscal Year plus an estimate by the Company of additions to or subtractions from such retained earnings through such date of computation, and (ii) the "accumulated adjustments account" (or similar computation) of the Company for the prior taxable year of the Company pursuant to Section 1368(e) of the Internal Revenue Code of 1986, as amended, plus an estimate by the Company of additions to or subtractions from this account through such date of computation.

Undistributed Earnings means the amount of the earnings and profits of the specified 10-percent owned foreign corporation (com- puted in accordance with sections 964(a) and 986)—

Undistributed Earnings means the amount of the

Examples of Undistributed Earnings in a sentence

• For purposes of this Section 4(e), a Distribution made by the Company shall not be treated as a Distribution funded with the Net Proceeds from an Approved Sale of the Company's assets to the extent of the Company's Undistributed Earnings as of the date of the Distribution.

• For purposes of this Section 4(b)(ii), a Distribution made by the Company shall not be treated as a Distribution funded with the Net Proceeds from an Approved Sale of the Company's assets to the extent of the Company's Undistributed Earnings as of the Distribution date.

• The names and addresses of all the Lock-Box Banks together with the account numbers of the Lock-Box Accounts at such Lock-Box Banks, are specified in Schedule II to the Agreement (or at such other Lock-Box Banks and/or with such other Lock-Box Accounts as have been notified to the Administrator), and all Lock-Box Accounts are subject to Lock-Box Agreements.

• For purposes of this Section 5(e), a Distribution made by the Company shall not be treated as a Distribution funded with the Net Proceeds from an Approved Sale of the Company's assets to the extent of the Company's Undistributed Earnings as of the date of the Distribution.

• Undistributed Earnings of our Non-U.S. Subsidiaries We do not provide U.S. deferred taxes on the undistributed earnings of our non-U.S. subsidiaries because our policy and intention is to reinvest such earnings indefinitely.

• Undistributed Earnings of Subsidiaries - U.S. income taxes have not been provided on $58 million of our foreign operations' undistributed earnings as of Dec.

• Immediately prior to the Closing, the Company shall pay to the Stockholders their Pro Rata Percentage of the Undistributed Earnings by wire transfer of immediately available federal funds for credit to the recipient thereof to a bank account or accounts designated by the recipient in writing to the Company prior to the Closing.

• Undistributed Earnings of Equity Investees ------------------------------------------ "Retained earnings" includes undistributed earnings of equity investees of $157 million, $188 million and $173 million at December 31, 2000, 1999 and 1998, respectively.

• Undistributed Earnings from Affiliated Companies and Minority Interest................

• Undistributed Earnings of Equity Method Investments At December 31, 2002, Exelon had consolidated undistributed earnings of equity method investments of $145 million.

More Definitions of Undistributed Earnings

Undistributed Earnings means the aggregate undistributed current and prior year earnings payable to any current or former holder of Equity Interests in the Partnership (including guaranteed payments, draws and deferred true-up or trailer distributions).

Undistributed Earnings means the earnings and

Undistributed Earnings means, with respect to the current and all past Profit Years, the aggregate amount of all Excess Earnings.

Undistributed Earnings means the 2000 Undistributed Earnings and the 2001 Undistributed Earnings.