Distributions; General Sample Clauses

Distributions; General. The Company shall make distributions to the Holders as determined by the Board, subject to Section 7.1(b). Unless otherwise specified in this Agreement, distributions shall be made to the Unit Holders of a class or series pro rata in accordance with their respective total Units of such class or series.
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Distributions; General. No Group Company has on or after 6 April 1965:
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Distributions; General. Article 35
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Distributions; General. 20 5.2 ADDITIONAL LIMITATIONS ON DISTRIBUTIONS..............................20 5.3
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Distributions; General. The Board shall cause the Company to distribute, no less frequently than annually, all of the Net Cash From Operations of the Company and any special distributions required under Section 5.3
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Distributions; General. Distributions of Partnership assets shall be made only in accordance with this Article V and Article IX, and no distribution shall be made in violation of the Act. Reimbursements received by the General Partner or its Affiliates pursuant to Section 7.10 are not, and shall not be deemed to be, distributions pursuant to this Article V or Article IX.
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Distributions; General. Subject to Article 5, Sections 6.3 and 6.4, and the terms of the Common Agreement, the Partnership shall seek to maximize cash distributions to the Partners. Except as otherwise provided in this Agreement, distributions of cash or other assets of the Partnership (to the extent that such cash or assets are not required for operations) shall be made to the Partners (other than a Defaulting Partner or Withdrawn Partner) as prescribed in such aggregate amounts and at such times as shall be recommended by the Managing Partner and as are permitted pursuant to the provisions of the Common Agreement, unless such distributions would violate or result in a default under any agreement of the Partnership or applicable law. Except as otherwise provided in this Agreement, all distributions of cash or other assets shall be made to the Partners in accordance with each Partner's respective Equity Ownership Percentage. Except for tax distributions pursuant to Section 6.3 which shall be made prior to reimbursement of Development Funds under Section 5.1, all distributions of cash or other assets contemplated by Article 5 shall be made in the order of priority indicated in Section 5.1 prior to any distributions under this Article 6. All distributions of cash or other assets pursuant to this Article 6 shall be made in the following order of priority: tax distributions pursuant to Section 6.3, special priority cash distributions pursuant to Section 6.4, and then general distributions pursuant to this Section 6.2.
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Distributions; General. You can take a distribution from your Account or close your Account at any time by notifying the Program Manag- er. We will not send any proceeds from your distribution request until all the money has been collected, meaning the money’s availability in your Ac- count is confirmed. Distributions re- quested by check will be held for 10 business days after a change of ad- dress and distributions requested by EFT will be held for seven business days after a change of bank informa- tion. Distributions from your Account PLAN DESCRIPTION AND PARTICIPATION AGREEMENT are either Qualified Distributions or Non-Qualified Distributions as deter- mined under IRS requirements. As the Account Owner, you are responsible for satisfying the IRS requirements for proof of Qualified Distributions, which includes retaining any paperwork and receipts necessary to verify the type of distribution you received. We are not required to provide information to the IRS regarding the type (i.e., qualified or non-qualified) of distribution you receive. For purposes of determining whether a distribution is taxable or subject to an additional 10 percent federal tax penalty on earnings, you must deter- mine whether the distribution is made in connection with the payment of Qualified Higher Education Expenses, as defined under Section 529 and dis- cussed under Qualified Distributions below, or fits within one of the excep- tions to treatment as a Non-Qualified Distribution.
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Related to Distributions; General

  • Distributions Generally (a) Subject to Section 7.01 respecting the final distribution on the Certificates, on each Distribution Date the Trustee or the Paying Agent shall make distributions in accordance with this Article V. Such distributions shall be made by check mailed to each Certificateholder's address as it appears on the Certificate Register of the Certificate Registrar or, upon written request made to the Securities Administrator at least five Business Days prior to the related Record Date by any Certificateholder owning an aggregate initial Certificate Principal Amount of at least $1,000,000, or in the case of a Class of Interest-Only Certificates or Residual Certificate, a Percentage Interest of not less than 100%, by wire transfer in immediately available funds to an account specified in the request and at the expense of such Certificateholder; provided, however, that the final distribution in respect of any Certificate shall be made only upon presentation and surrender of such Certificate at the Certificate Registrar's Corporate Trust Office; provided, further, that the foregoing provisions shall not apply to any Class of Certificates as long as such Certificate remains a Book-Entry Certificate in which case all payments made shall be made through the Clearing Agency and its Clearing Agency Participants. Wire transfers will be made at the expense of the Holder requesting such wire transfer by deducting a wire transfer fee from the related distribution. Notwithstanding such final payment of principal of any of the Certificates, each Residual Certificate will remain outstanding until the termination of each REMIC and the payment in full of all other amounts due with respect to the Residual Certificates and at such time such final payment in retirement of any Residual Certificate will be made only upon presentation and surrender of such Certificate at the Certificate Registrar's Corporate Trust Office. If any payment required to be made on the Certificates is to be made on a day that is not a Business Day, then such payment will be made on the next succeeding Business Day.

  • Distributions in General Except as otherwise provided in Article 7 hereof and subject to Sections 17-607 and 17-804 of the Act, for any fiscal year all Cash Available for Distribution, net proceeds from any Terminating Capital Transaction and Financing Proceeds shall be distributed to the Partners at least quarterly.

  • Certain Distributions If the Company elects to:

  • Allocations Distributions Each item of income, gain, loss, deduction and credit of the Company shall be allocated 100% to the Member. Each distribution of cash or other property by the Company shall be made 100% to the Member. Distributions shall be made to the Member at the times and in the amounts determined by the Member.

  • Allocations Generally The Company’s profit and loss shall be allocated to the Member.

  • Distributions and Allocations All distributions of cash or other property (except upon the Company's dissolution, which shall be governed by the applicable provisions of the Act and Article IX hereof) and all allocations of income, profits, and loss shall be made 100% to the Member in accordance with its Membership Interest. All amounts withheld pursuant to the Code or any provisions of state or local tax law with respect to any payment or distribution to the Member from the Company shall be treated as amounts distributed to the Member pursuant to this Section 7.3. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not be required to make a distribution to the Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or any other applicable law.

  • Cash Flow Distributions The Cash Flow of the Company, if any, shall be distributed to the Member subject to any limitations on the Company’s ability to make distributions imposed by the Company’s lenders or by applicable law.

  • Distributions in Kind Except as expressly provided herein, no right is given to any Partner to demand and receive property other than cash. The General Partner may determine, in its sole and absolute discretion, to make a distribution in-kind to the Partners of Partnership assets, and such assets shall be distributed in such a fashion as to ensure that the fair market value is distributed and allocated in accordance with Articles 5, 6 and 10.

  • Distributions to Members Section 9.1

  • Cash Distributions Whenever the Depositary receives confirmation from the Custodian of the receipt of any cash dividend or other cash distribution on any Deposited Securities, or receives proceeds from the sale of any Deposited Securities or any other entitlements held in respect of Deposited Securities under the terms hereof, the Depositary will (i) if at the time of receipt thereof any amounts received in a Foreign Currency can in the judgment of the Depositary (pursuant to Section 4.8) be converted on a practicable basis into Dollars transferable to the United States, promptly convert or cause to be converted such cash dividend, distribution or proceeds into Dollars (on the terms described in Section 4.8), (ii) if applicable, establish the ADS Record Date upon the terms described in Section 4.9, and (iii) distribute promptly the amount thus received (net of (a) the applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes withheld) to the Holders entitled thereto as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date. The Depositary shall distribute only such amount, however, as can be distributed without attributing to any Holder a fraction of one cent, and any balance not so distributed shall be held by the Depositary (without liability for interest thereon) and shall be added to and become part of the next sum received by the Depositary for distribution to Holders of ADSs outstanding at the time of the next distribution. If the Company, the Custodian or the Depositary is required to withhold and does withhold from any cash dividend or other cash distribution in respect of any Deposited Securities an amount on account of taxes, duties or other governmental charges, the amount distributed to Holders on the ADSs representing such Deposited Securities shall be reduced accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the Depositary to the relevant governmental authority. Evidence of payment thereof by the Company shall be forwarded by the Company to the Depositary upon request.

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