Distribution Calculations Sample Clauses

Distribution Calculations. Your RMD will generally be calculated If your beneficiary is a designated beneficiary who is not an
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Distribution Calculations. In applying the terms of Section 8.1 and Section 8.2, (a) references to relative Percentage Interests or relative Capital Contributions will be those in effect at the time of the distribution, (b) until a particular priority has been satisfied in full, no amounts will be distributable under any junior priority, and (c) all amounts distributable under a particular priority will be prorated among the Members in the manner specified within that priority, and the method of proration applied to each dollar distributable in that priority will be the same until that priority is satisfied in full.
Distribution Calculations. Your RMD will generally be calculated chronically ill individual (as defined by law); or 5) an individual by dividing your previous year-end adjusted balance in your who is not more than 10 years younger than the SIMPLE XXX SIMPLE XXX by a divisor from the uniform lifetime table provided owner. Certain qualifying trusts can also be an eligible designated by the IRS. This table is indexed to your age attained during a beneficiary. For a qualifying trust to be an eligible designated distribution year. This table is used whether you have named a beneficiary, the qualifying trust beneficiaries must be eligible beneficiary and regardless of the age or type of beneficiary you may designated beneficiaries.
Distribution Calculations. Your RMD will generally be calculated by
Distribution Calculations. (a) Each Secured Party Representative entitled to any distribution under Sections 11.01 through 11.06 hereof shall notify the Collateral Trustee and Citizens in writing at least eight Business Days prior to each scheduled distribution date in respect thereof of all unpaid amounts to be paid to it from each such distribution. At least six Business Days prior to making the determinations and allocations required above, the Collateral Trustee shall deliver to Citizens and each Secured Party Representative written notice of the amounts and type of Collateral and the basis of the Collateral Trustee’s calculation of such amounts (e.g., principal, interest, fees or other amounts) proposed to be distributed to each Secured Party Representative entitled thereto with such proposed distributions to be based upon the Collateral Trustee’s reasonable assumptions as to any earnings to be credited to the Collateral Accounts prior to such distribution. Each Secured Party Representative receiving notice of such proposed distribution agrees to notify the Collateral Trustee, Citizens and each other Secured Party Representative in respect of the Secured Obligations participating in such proposed distribution and, Citizens agrees to notify the Collateral Trustee and each Secured Party Representative, in each case, promptly (and in any event not later than the fifth Business Day from and including the date of the Collateral Trustee’s delivery of notice of such proposed distribution) if it disagrees with the amounts and type of such Collateral proposed to be distributed, and, in the event of any such disagreement, the Collateral Trustee shall withhold distribution until receipt of joint written instructions from all Secured Party Representatives participating in such proposed distribution and, unless a Notice of Default Distribution is then effective, Citizens, as to the proper amounts and type of such Collateral to be distributed. In making the determinations and allocations required pursuant to Section 11 or any other provision of this Agreement, the Collateral Trustee may conclusively rely upon information supplied by each Secured Party Representative (and not challenged within the time period set forth above by any other Secured Party Representative or, unless a Notice of Default Distribution is then effective, Citizens) as to the amounts payable with respect to Secured Obligations represented by such Secured Party Representative, and the Collateral Trustee shall have no liab...
Distribution Calculations. (a) In applying the terms of Section 8.1 and Section 8.2, (i) references to relative Percentage Interests or relative Capital Contributions will be those in effect at the time of the distribution, (ii) until a particular priority has been satisfied in full, no amounts will be distributable under any junior priority, and (iii) all amounts distributable under a particular priority will be prorated among the Members in the manner specified within that priority, and the method of proration applied to each dollar distributable in that priority will be the same until that priority is satisfied in full. (b) With respect to any distributions to be made to CHT pursuant to and in accordance with the terms of Section 8.1 and Section 8.2 hereof, CHT acknowledges and agrees that the Quarterly Interest Rate Differential Amounts applicable to the period to which such distribution relates shall not actually be paid to CHT but shall be deemed to have been distributed to CHT as cash on a first dollar basis. Sunrise and CHT each acknowledge and agree that in the event that following the execution of this Agreement, either (i) the actual interest rate payable under the Five-Pack Financing is reduced such that the same is less than 5.25% or (ii) the borrowers under the Five-Pack Financing shall make a partial prepayment of the outstanding principal amount owed to the Lender thereunder, then the Quarterly Interest Rate Differential Amounts shall be adjusted in accordance with the methodology described in Section 14.01(c) of the Transfer Agreement such that the same shall be calculated based upon such reduced interest rate and/or the then outstanding principal balance under the Five-Pack Financing, as applicable, it being understood and agreed that in the event of a reduction in the actual interest rate payable under the refinancing of the Five-Pack Facilities following the Closing Date, the interest rate differential for purposes of recalculating the Quarterly Interest Rate Differential Amounts shall be the new reduced interest rate and the Stated Rate. By way of example only, assuming a Stated Rate of 5.10%, in the event the actual interest rate payable under the refinancing of the Five-Pack Facilities is reduced following the Closing Date to a rate that is equal to or less than 5.10%, no Quarterly Interest Rate Differential Amounts would be due and payable thereafter. The “Stated Rate” shall mean that certain rate described in Section 14.01(c) of the Transfer Agreement.
Distribution Calculations. Calculate dividend, interest and other payments and distributions in respect of the Fund's Securities in accordance with distribution policies detailed in the Fund's prospectuses or Board resolutions. Assist the Fund in making final determinations of distribution amounts.
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Distribution Calculations. Your RMD will generally be calculated If your beneficiary is a designated beneficiary who is not an by dividing your previous year-end adjusted balance in your eligible designated beneficiary, such beneficiary will have to follow SIMPLE IRA by a divisor from the uniform lifetime table provided the ten-year rule and is required to remove all assets from the by the IRS. This table is indexed to your age attained during a SIMPLE IRA by December 31 of the tenth year following the year distribution year. This table is used whether you have named a of your death. beneficiary and regardless of the age or type of beneficiary you may 3. Eligible Designated Beneficiary. An eligible designated beneficiary have named. However, if for any distribution year, you have as is a designated beneficiary who is: 1) the SIMPLE IRA owner's your only named beneficiary for the entire year, your spouse, who surviving spouse; 2) a SIMPLE IRA owner's minor child (through is more than ten years younger than you, the uniform lifetime table the age of majority); 3) disabled (as defined by law); 4) a will not be used. To calculate your RMD for that year you will use chronically ill individual (as defined by law); or 5) an individual the ages of you and your spouse at the end of that year to determine who is not more than 10 years younger than the SIMPLE IRA a joint life expectancy divisor from the IRS's joint and last survivor owner. Certain qualifying trusts can also be an eligible designated table. This will be the case even if your spouse dies, or you become beneficiary. For a qualifying trust to be an eligible designated divorced and do not change your beneficiary, during that year. The beneficiary, generally the qualifying trust beneficiaries must be fair market value of a qualifying longevity annuity contract (QLAC) eligible designated beneficiaries. is not included in the adjusted balance for RMD calculations. a. Spouse Beneficiary. Your spouse beneficiary may have the
Distribution Calculations. Your RMD will generally be calculated by dividing your previous year-end adjusted balance in your IRA by a divisor from the uniform lifetime table provided by the IRS. This table is indexed to your age attained during a distribution year. This table is used whether you have named a beneficiary and regardless of the age or type of beneficiary you may have named. However, if for any distribution year, you have as your only named beneficiary for the entire year, your spouse, who is more than ten years younger than you, the uniform lifetime table will not be used. To calculate your RMD for that year you will use the ages of you and your spouse at the end of that year to determine a joint life expectancy divisor from the IRS's joint and last survivor table. This will be the case even if your spouse dies, or you become divorced and do not change your beneficiary during that year. The fair market value of a qualifying longevity annuity contract (QLAC) is not included in the adjusted balance for RMD calculations.

Related to Distribution Calculations

  • Allocation of Profits and Losses Distributions Profits/Losses. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

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