DISTRIBUTIONS AND LOANS Sample Clauses

DISTRIBUTIONS AND LOANS. Loans Will a Participant be entitled to request a loan pursuant to Plan Section 5.16 (select one)? Option 1: Yes.
AutoNDA by SimpleDocs
DISTRIBUTIONS AND LOANS. (a) The General Partner, in its discretion, may authorize distributions by the Partnership to the Partners holding Common Units, which distributions shall be made pro rata in accordance with such Partners’ respective Percentage Interests at the record date for such distribution. Notwithstanding the foregoing sentence, the General Partner, in its discretion, may authorize cash distributions by the Partnership to the Ultimate Parent (which distributions shall be made without pro rata distributions to other Partners) be made in amounts required for Ultimate Parent to pay (A) consideration, if any, for redemption, repurchase, acquisition, cancellation or termination of Class A Common Stock or Class C Common Stock in accordance with Section 7.04 hereof; and (B) (i) overhead, legal, accounting and other professional fees and expenses, including any judgments, settlements, penalties, fines or other costs and expenses in respect of any claims against, or any litigation or proceedings involving, the Ultimate Parent or any of its direct or indirect subsidiaries, (ii) fees and expenses related to any securities offering, investment or acquisition (whether or not successful) authorized by the Board of Directors of the Ultimate Parent and (iii) other fees and expenses in connection with the maintenance of existence of the Ultimate Parent and any of its direct and indirect subsidiaries other than the Partnership and its subsidiaries (including, but not limited to, any costs or expenses associated with being a public company listed on a national securities exchange); provided, however, that the amount of any such distributions shall be reduced, to the extent practicable, by the amount of unused cash remaining from the prior distributions by the Partnership to the Ultimate Parent, including any interest earned thereon. Partners holding Units other than Common Units shall be entitled to such distributions as provided in the instruments governing the issuance of such Units, which terms shall be determined by the General Partner in accordance with Section 7.06. Subject to the last two sentences of this Section 4.01(a), the General Partner, in its discretion, may cause the Partnership or any of its subsidiaries to make loans to the Ultimate Parent or any of its direct or indirect subsidiaries for any bona fide business purposes; provided, however, that if any loan to the Ultimate Parent or any of its direct or indirect subsidiaries other than the Partnership and its subsidiar...
DISTRIBUTIONS AND LOANS. (a) Make any Distribution except as permitted expressly under Clause 16.3, Clause 16.4, Clause 16.5(b), Clause 26.5(b)(v)(B) or Clause 26.15(f).
DISTRIBUTIONS AND LOANS. (a) Subject to the provisions of Annex A, the General Partner, in its discretion, may authorize distributions by the Partnership to the Partners holding Units, which distributions shall be made as follows:
DISTRIBUTIONS AND LOANS. Complete Parts A and B Part A. Form of Distribution (Answer each of the following items.) Individual Account Balances Exceeding $1,000 Lump Sum Will a Participant be entitled to request a distribution of the Vested portion of their Individual Account in a lump sum, subject to Plan Section 5.02 (select one)? Option 1: Yes.
DISTRIBUTIONS AND LOANS. Q1. Can I withdraw money from the Plan while I am still employed? The Plan is designed to help you build an account that will help support you during your retirement years. However, you will be able to take certain distributions from the Plan while you are still working for your Employer. You may request a distribution of Transfer Contributions and rollover contributions, if applicable, at any time. In addition, you may request a distribution of the entire vested portion of your Plan balance if you become Disabled.
DISTRIBUTIONS AND LOANS. 7 4.1. Distributions 7 4.2. Liquidation Distributions 7 4.3. Limitations on Distributions 7 4.4. Distributions for Taxes of the Company; Tax Loan to Sprint 7 ARTICLE V CAPITAL CONTRIBUTIONS; CAPITAL ACCOUNTS; TAX ALLOCATIONS; TAX MATTERS 9 ARTICLE V CAPITAL CONTRIBUTIONS; CAPITAL ACCOUNTS; TAX ALLOCATIONS; TAX MATTERS 9 5.1. Initial Capital Contributions 9 5.2. No Additional Capital Contributions; Additional Funds 10 5.3. Capital Accounts 12 5.4. Allocations of Profits and Losses 13 5.5. Special Allocations 13 5.6. Curative Allocations 14 5.7. Other Allocation Rules 15 5.8. Code Section 704(c); Tax Allocations 16 Page
AutoNDA by SimpleDocs
DISTRIBUTIONS AND LOANS. Check the loan option you prefer. Selecting “Yes” does not mean you are required to Required take a loan. It ensures you have the ability to take one if you choose at any time.
DISTRIBUTIONS AND LOANS. Complete Parts A and B Part A. Form of Voluntary Distribution
DISTRIBUTIONS AND LOANS. Complete Parts A through C NOTE: Distribution options selected for Pre-Tax Elective Deferrals will apply to Qualified Nonelective Contributions, Qualified Matching Contributions, ADP Test Safe Harbor Contributions and QACA ADP Test Safe Harbor Contributions, as applicable, unless otherwise limited under the Code and other legislative and regulatory guidance. Distribution options selected for Matching Contributions will apply to ACP Test Safe Harbor Contributions and QACA ACP Test Safe Harbor Contributions, as applicable.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!