Annual Distribution Amount definition

Annual Distribution Amount means, with respect to a Bonus, the portion of such Bonus that is required to be distributed in any calendar year determined pursuant to Section 6 hereof.
Annual Distribution Amount shall have the meaning specified in the Declaration of Trust;
Annual Distribution Amount means, with respect to a Bonus, the portion of such Bonus that is required to be distributed in any calendar year

Examples of Annual Distribution Amount in a sentence

  • Individual performance results will vary and the Annual Distribution Amount may invade the original value of contributions to the Fund based on actual performance.

  • Four percent of the FUND value on December 1 (to be known as the Annual Distribution Amount – ADA) shall be distributed annually as long as the distribution does not decrease the total of the gifts given to the FUND.

  • Figure 5: Employment floorspace (m2) gains and losses by type Summary: • The town centres have experienced net losses of all town centre uses, as have out of centre locations with the exception of D2 uses.

  • Annual Distribution Amount will be granted to the Knoxville Opera Company unless the Knoxville Opera Company indicates the amount is to be retained by the Fund.

  • These third party fees are subject to change based on the underlying asset allocation and fees charged by the third party managers, consultants, and custodians.Schedule C Annual Distributions: Currently, the Spending Policy rate is 5% of the Fund’s 36-month rolling average balance and is used to calculate the Fund’s Annual Distribution Amount.

  • These third party fees are subject to change based on the underlying asset allocation and fees charged by the third party managers, consultants, and custodians.Schedule CAnnual Distributions: Currently, the Spending Policy rate is 5% of the Fund’s 36-month rolling average balance and is used to calculate the Fund’s Annual Distribution Amount.

  • Upon a 75% vote of approval of the Board of Directors of United Way of Loudon County, and with the approval of the Foundation, which approval shall not be unreasonably withheld, the Fund or some portion thereof in excess of the Annual Distribution Amount may be distributed exclusively for the exempt purpose of the Fund within the meaning of Section 501(c)(3) of the Internal Revenue Code.

  • Hard and soft rules form an integrated part of the game engine, and therefore are not possible to tweak or ignore on the fly to support the narrative development.

  • These third party fees are subject to change based on the underlying asset allocation and fees charged by the third party managers, consultants, and custodians .Schedule C Annual Distributions: Currently, the Spending Policy rate is 5% of the Fund’s 36-month rolling average balance and is used to calculate the Fund’s Annual Distribution Amount .

  • Alternative Application of Income If, in the future, circumstances render the use of the Fund for the purpose(s) set forth herein either impractical or impossible, then the Fund’s Annual Distribution Amount shall be used in a manner which is in the best interest of the College, keeping in mind the original intent of the Donor.


More Definitions of Annual Distribution Amount

Annual Distribution Amount means, for any particular Fiscal Year, thirty percent (30%) of the lesser of (A) Borrower's Consolidated Net Income for the preceding Fiscal Year, and (B) the amount, if any, by which Borrower's Consolidated Cash Flow for the preceding Fiscal Year exceeded Borrower's Consolidated Debt Service for such preceding Fiscal Year.
Annual Distribution Amount means an amount, on the Annual Distribution Valuation Date, equal to the product of (1) 1% times (2) the Current Principal Amount on the immediately preceding calendar day. On all days other than the Annual Distribution Valuation Date, the Annual Distribution Amount will equal zero.

Related to Annual Distribution Amount

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.