Tax Distribution definition

Tax Distribution has the meaning set forth in Section 4.4.
Tax Distribution means a distribution made by the Company pursuant to Section 5.03(e)(i) or Section 5.03(e)(iii) or a distribution made by the Company pursuant to another provision of Section 5.03 but designated as a Tax Distribution pursuant to Section 5.03(e)(ii).
Tax Distribution has the meaning set forth in Section 5.2.

Examples of Tax Distribution in a sentence

  • For the avoidance of doubt, such designation shall be performed with respect to all Members with respect to which there is a Tax Distribution Amount as of such date.

  • Prior to making any Tax Distributions, the Company shall provide each Member with reasonable advance notice of the amount of such Member’s Tax Distribution and such Member may elect, by notifying the Company in writing, to waive all or any portion of such upcoming Tax Distribution.


More Definitions of Tax Distribution

Tax Distribution shall have the meaning assigned to such term in Section 6.06(f).
Tax Distribution means, for any fiscal quarter or fiscal year or other period of the Partnership during the term of the Partnership, the product of (a) the aggregate amount of taxable income or gain allocated to the Partners pursuant to Section 5.04(a) for such period and (b) the Applicable Tax Rate for such period.
Tax Distribution is defined in Section 5.2.1.
Tax Distribution has the meaning set forth in Section 7.03.
Tax Distribution is defined in Section 3.2(a).
Tax Distribution means, with respect to any period, distributions made to any Person by a Subsidiary of such Person on or with respect to income and other taxes, which distributions are not in excess of the tax liabilities that, (i) in the case of a Subsidiary that is a corporation, would have been payable by such Subsidiary on a standalone basis, and (ii) in the case of a Subsidiary that is a partnership, would have been distributed by such Subsidiary to its owners with respect to taxes, and in each case which are calculated in accordance with, and made no earlier than 10 days prior to the date required by, the terms of the applicable organizational document which requires such distribution.
Tax Distribution has the meaning specified in Section 7.06(k)(i).