Required Distribution definition

Required Distribution means any such securities, dividends or distributions described in subsection (i), (ii) or (iii) of Section 7.3.

Required Distribution. With respect to the Class A Certificates, the amount described as the "Required Distribution" in the form of Class A Certificate.

Required Distribution means, with respect to each taxable year of the Company, an amount equal to the net income of the Company for Federal income tax purposes multiplied by the Maximum Combined Marginal Rate. The “Maximum Combined Marginal Rate” means the percentage determined by adding the maximum marginal federal income tax rate and the maximum marginal state income tax rate in the State of California for individuals filing joint returns.

Examples of Required Distribution in a sentence

• If your distribution is a Minimum Required Distribution (MRD) then you would be able to take a distribution either monthly, quarterly or annually, paying amounts that are determined under IRS tables based on the joint life expectancy for yourself and your designated beneficiary.

• Any payment of benefits shall be made according to a form of distribution that begins not later than the Minimum Required Distribution Date, according to Code Section 401(a)(9).

• Notwithstanding anything to the contrary herein, benefits shall be distributed upon a Participant’s reaching the Required Distribution Date.

• The Participant may elect any distribution date, but not later than April 1 of the calendar year following the calendar year the Participant attains 70 ½, the Required Distribution Date.

• Notwithstanding the foregoing, once a Participant has Severed from Employment, no benefits shall be deferred beyond the Required Distribution Date.

More Definitions of Required Distribution

Required Distribution means, with respect to each taxable year of the Company, an amount equal to the net income of the Company for Federal income tax purposes multiplied by _____%. "Reserves" means amounts set aside from time to time by the Manager pursuant to Section 4.8. "Substitute Member" has the meaning set forth in Section 9.3 below. "Tax Exhibit" means the additional definitions and provisions that are contained in Schedule B attached hereto. "Transfer" means (i) when used as a verb, to give, sell, exchange, assign, transfer, pledge, hypothecate, bequeath, devise or otherwise dispose of or encumber, and (ii) when used as a noun, the nouns corresponding to such verbs, in either case voluntarily or involuntarily, by operation of law or otherwise, including, without limitation, upon Bankruptcy, death, divorce, marriage dissolution or otherwise. "Treasury Regulations" means the regulations promulgated by the Treasury Department with respect to the Code, as such regulations are amended from time to time, or corresponding provisions of future regulations. 2.2

Required Distribution. With respect to (1) any Payment Date occurring prior to the Final Stated Maturity Date, the Class A Interest Payment Amount, and (2) the Final Stated Maturity Date, the sum of (x) the amount set forth in clause (1) above and (y) the Class A Note Principal Balance, if any, of the Note, after giving effect to all other payments of principal on the Note on that Payment Date.

Required Distribution is defined in Section 1.3.1.

Required Distribution means distributions [ *** ].

Required Distribution means the minimum required distribution to a Participant upon attaining age 70 1/2, as required under section 401(a)(9) of the Code and set forth in Section 6.10.

Required Distribution. Distribution may be an Annuity as set forth in Sections 4.01 through TO CONTRACT HOLDER/ 4.04, payments under ECO or SWO as defined in Section 3.11 or a lump BENEFICIARY sum payment. (CONT'D): (b)

Required Distribution means any dividend or other distribution that is necessary to maintain IIT REIT’s qualification as a REIT, to avoid the incurrence of any Taxes by IIT REIT under Section 857 of the Code or to avoid the imposition of any excise Taxes on IIT REIT under Section 4981 of the Code.