Minimum Distribution Amount or “MDA” has the meaning set forth in Section 6.03(a).
Minimum Distribution Amount means, for each Company Fiscal Year, an amount equal to the sum of (i) the greater of (x) the product of (1) an amount equal to the quotient of (A) Silver OP’s (and, without duplication, Silver Member’s) allocable share of the Company’s Real Estate Investment Trust Taxable Income for such Company Fiscal Year (taking into account any adjustment to basis, and any depreciation deductions available as a result of adjustments to basis, under Section 734 or Section 743 of the Code) divided by (B) Silver OP’s (and, without duplication, Silver Member’s) Percentage Interest and (2) ninety-five (95) percent and (y) the Tax Liability Amount for such Company Fiscal Year, (ii) the Prohibited Transaction Tax Distribution Amount for such Company Fiscal Year, (iii) the Section 857(b)(7) Tax Distribution Amount for such Company Fiscal Year and (iv) the Excise Tax Distribution Amount for such Company Fiscal Year. For the avoidance of doubt, the Minimum Distribution Amount shall not take into account any allocation to a holder of Preferred Units (in its capacity as such).
Minimum Distribution Amount means, for each Partnership Fiscal Year, an amount equal to the greater of (i) the quotient obtained by dividing (1) the sum of (x) TCO's allocable share of the Partnership's Real Estate Investment Trust Taxable Income for such Partnership Fiscal Year (determined without regard to any deduction for dividends paid (as defined in Section 561 of the Code)), and by excluding any net capital gain (as defined in Section 1222(11) of the Code), and (y) TCO's allocable share of the Partnership's net income from foreclosure property for such Partnership Fiscal Year, minus TCO's allocable share of the Partnership's excess noncash income (as determined under Section 857(e) of the Code), if any, for such Partnership Fiscal Year, by (2) the Percentage Interest of TCO on the Relevant Date, and (ii) the Ordinary Tax Liability for such Partnership Fiscal Year.
Examples of Minimum Distribution Amount in a sentence
The Minimum Distribution Amount with respect to the First Distribution Year must be paid not later than the required beginning date.
A Participant who has attained the required beginning date shall receive a distribution for each calendar year commencing with the First Distribution Year which shall not be less than the Minimum Distribution Amount described in paragraph (2).
This paragraph shall be referred to as the “Required Minimum Distribution Amount.” ACT for Life Services: Advocacy, Comprehensive Planning, and Trust Services for Individuals with Disabilities Page 1 LIFE SERVICES THIRD PARTY-FUNDED TRUST FOR PEOPLE WITH DISABILITIES sponsor agreement In addition to the Required Minimum Distribution Amount, the following percentage or amounts of the Trust Account Remainder shall be distributed to Life Services: .
The Minimum Distribution Amount with respect to a calendar year which follows the First Distribution Year must be paid not later than December 31 of such calendar year.
More Definitions of Minimum Distribution Amount
Minimum Distribution Amount means no Eligible Claimant shall receive a Distribution Payment unless the pro rata share of their Recognized Claim is equa l to or greater than $10.00.
Minimum Distribution Amount means $11 million, except as may be increased pursuant to Section 5.16(f) of this Plan.
Minimum Distribution Amount means, for each Partnership Fiscal Year, an amount equal to the greater of (i) the quotient obtained by dividing (1) the sum of (x) TREIT's allocable share of the Partnership's Real Estate Investment Trust Taxable Income for such Partnership Fiscal Year (determined without regard to any deduction for dividends paid (as defined in Section 561 of the Code)), and by excluding any net capital gain (as defined in Section 1222(11) of the Code), and (y) TREIT's allocable share of the Partnership's net income from foreclosure property for such Partnership Fiscal Year, minus TREIT's allocable share of the Partnership's excess noncash income (as determined under Section 857(e) of the Code), if any, for such Partnership Fiscal Year, by (2) the Percentage Interest of TREIX xx the Relevant Date, and (ii) the Ordinary Tax Liability for such Partnership Fiscal Year.
Minimum Distribution Amount shall have the meaning set forth in Section 6.03.”
Minimum Distribution Amount as set forth in Section 3.6.3.
Minimum Distribution Amount means, $4,000,000 per quarter provided that the Minimum Distribution Amount for any quarter shall be increased (or decreased) by the excess (or deficiency) of the aggregate of all prior Minimum Distribution Amounts over all prior distributions to partners. For the removal of doubt it is hereby clarified that the above is solely for the purpose of defining the terms of repayment of outstanding loans or credit facilities not extended or guaranteed in equal pro-rata amounts by Orbotech and Valor and is not intended to serve as an indication of the Budget of the JV or of any distribution.
Minimum Distribution Amount means the specified dollar amount that a Distribution Payment must equal or exceed in order for a distribution to be made to an Eligible Claimant. The Minimum Distribution Amount shall be $10.00.