Examples of Tax Distributions in a sentence

Each of the Partners hereby acknowledges and agrees that unvested Class P Interests shall not entitle the holder thereof to any distributions, other than Tax Distributions as set forth in Section 5.1(d), with respect to any such unvested Class P Interests until, and only if, such Interests become vested Class P Interests in accordance with the applicable Award Agreement thereunder.
Tax Distributions shall be made to the Members on each estimated payment date for taxes and following each tax year equal to the product of (i) the amount of taxable income allocated to such Member and (ii) the applicable tax rate (i.e., the corporate rate with respect to Member A and the individual rate with respect to Member B).
Taxes withheld or paid by the Company on behalf of a Member shall be treated as paid to such Member as a Tax Distribution and shall be taken into account for purposes of calculating such Member’s rights to Tax Distributions under Section 5.04.
For the avoidance of doubt, Tax Distributions made in respect of Class A Interests shall not be treated as advances of Distributions under Section 5.1(a)(i), and shall not reduce future Distributions under Section 5.1(a)(i).
Tax Distributions shall be treated as advances and shall reduce future distributions to each Member, including amounts payable pursuant to Section 4.1, Section 4.3 and Section 8.2 (without duplication).

More Definitions of Tax Distributions

Tax Distributions has the meaning assigned to such term in Section 6.07(a)(vii)(A).

Tax Distributions has the meaning specified in Section 5.02(b).

Tax Distributions shall have the meaning set forth in Section 6.4(b) hereof.

Tax Distributions means any distributions described in Section 6.06(b).

Tax Distributions means any distributions described in Section 7.2(b)(xi).

Tax Distributions is defined in Section 6.2.

Tax Distributions means any distributions described in Section 4.04(b)(xi).