Minimum Distribution Amount definition

Minimum Distribution Amount or “MDA” has the meaning set forth in Section 6.03(a).

Minimum Distribution Amount means, for each Company Fiscal Year, an amount equal to the sum of (i) the greater of (x) the product of (1) an amount equal to the quotient of (A) Silver OP’s (and, without duplication, Silver Member’s) allocable share of the Company’s Real Estate Investment Trust Taxable Income for such Company Fiscal Year (taking into account any adjustment to basis, and any depreciation deductions available as a result of adjustments to basis, under Section 734 or Section 743 of the Code) divided by (B) Silver OP’s (and, without duplication, Silver Member’s) Percentage Interest and (2) ninety-five (95) percent and (y) the Tax Liability Amount for such Company Fiscal Year, (ii) the Prohibited Transaction Tax Distribution Amount for such Company Fiscal Year, (iii) the Section 857(b)(7) Tax Distribution Amount for such Company Fiscal Year and (iv) the Excise Tax Distribution Amount for such Company Fiscal Year. For the avoidance of doubt, the Minimum Distribution Amount shall not take into account any allocation to a holder of Preferred Units (in its capacity as such).

Minimum Distribution Amount means, for each Partnership Fiscal Year, an amount equal to the greater of (i) the quotient obtained by dividing (1) the sum of (x) TCO's allocable share of the Partnership's Real Estate Investment Trust Taxable Income for such Partnership Fiscal Year (determined without regard to any deduction for dividends paid (as defined in Section 561 of the Code)), and by excluding any net capital gain (as defined in Section 1222(11) of the Code), and (y) TCO's allocable share of the Partnership's net income from foreclosure property for such Partnership Fiscal Year, minus TCO's allocable share of the Partnership's excess noncash income (as determined under Section 857(e) of the Code), if any, for such Partnership Fiscal Year, by (2) the Percentage Interest of TCO on the Relevant Date, and (ii) the Ordinary Tax Liability for such Partnership Fiscal Year.

Examples of Minimum Distribution Amount in a sentence

• If you do not enroll in Our automatic minimum distribution service, required minimum distribution withdrawals under Section 401(a)(9) of the Code will not be treated as Required Minimum Distribution Amounts and Your Annual Benefit Payment will not be increased to the Required Minimum Distribution Amount under this Rider.

• The "Required Minimum Distribution Amount" is the required minimum distribution under Section 401(a)(9) of the Code and the regulations thereunder that is withdrawn from Your Contract automatically when you enroll in Our automatic minimum distribution service.

• If this Contract is a Qualified Distribution Program (defined in Section 4 below), after your first Contract Year, your Annual Benefit Payment will be set equal to your Required Minimum Distribution Amount, if applicable, for that year, if greater.

• Your Contract is a Qualified Distribution Program if: 1) This Rider is made part of a Contract subject to the requirements of Section 401(a)(9) of the Internal Revenue Code of 1986, as may be subsequently amended (the "Code") and the regulations thereunder; and 2) You withdraw the "Required Minimum Distribution Amount".

• If your Contract is a Qualified Distribution Program (see "Qualified Distribution Program" below), your Annual Benefit Payment will be set equal to your Required Minimum Distribution Amount for that Contract Year, if greater than the Annual Benefit Payment calculated as described above in this section.

More Definitions of Minimum Distribution Amount

Minimum Distribution Amount means no Eligible Claimant shall receive a Distribution Payment unless the pro rata share of their Recognized Claim is equa l to or greater than $10.00.

Minimum Distribution Amount means $11 million, except as may be increased pursuant to Section 5.16(f) of this Plan.

Minimum Distribution Amount shall have the meaning set forth in Section 6.03.”

Minimum Distribution Amount means the specified dollar amount that a Distribution Payment must equal or exceed in order for a distribution to be made to an Eligible Claimant. The Minimum Distribution Amount shall be $10.00.

Minimum Distribution Amount means the specified dollar amount that a Distribution Payment must equal or exceed in order for a distribution to be made to an Eligible Claimant. No Eligible Claimant shall receive a distribution unless his, her, or its Distribution Payment is equal to or greater than $10.00.

Minimum Distribution Amount means, for each Partnership Fiscal Year, an amount equal to the greater of (i) the quotient obtained by dividing (1) the sum of (x) TREIT's allocable share of the Partnership's Real Estate Investment Trust Taxable Income for such Partnership Fiscal Year (determined without regard to any deduction for dividends paid (as defined in Section 561 of the Code)), and by excluding any net capital gain (as defined in Section 1222(11) of the Code), and (y) TREIT's allocable share of the Partnership's net income from foreclosure property for such Partnership Fiscal Year, minus TREIT's allocable share of the Partnership's excess noncash income (as determined under Section 857(e) of the Code), if any, for such Partnership Fiscal Year, by (2) the Percentage Interest of TREIX xx the Relevant Date, and (ii) the Ordinary Tax Liability for such Partnership Fiscal Year.

Minimum Distribution Amount as set forth in Section 3.6.3. 1. 53. Deleted