Net distribution definition

Net distribution means, for any particular period, an amount equal to Revenues for such period less the sum of: (x) Operating Expenses for such period, plus (y) the Management Fee for such period.
Net distribution means the draws from net income by any
Net distribution has the meaning set out in Clause 10.1

Examples of Net distribution in a sentence

  • Net distribution per unit is derived from gross realised income less expenses and taxation, divided by the number of units in circulation.

  • Net distribution above is sourced from current and prior financial years’ realised income.

  • Net distribution above is sourced from current financial year’s realised income.

  • Net distribution per unit was derived from gross realised income less expenses and taxation, divided by the number of units in circulation.

  • Net distribution above is sourced from current and prior financial years’ realised gain.


More Definitions of Net distribution

Net distribution means the sum of the payments made to a county's public library fund during a distribution year, adjusted as follows:
Net distribution means the draws from net income by any owner of a pass-through
Net distribution means the amount of the cash distribution or cash dividends after deduction for (i) all expenses paid or payable in connection with such distributions or dividends, and --- (ii) any payment in respect of any personal taxes or other taxes on the cash distributions or cash dividends.
Net distribution means the draws from net income by any owner of a pass-through entity. Taxable distributions are limited by the amount of draws or net income for that owner, whichever is less. If the owner's draw exceeds that individual's net profit, the excess draw is a return of capital. A return of capital is not taxable because it is a liquidation of an owner's assets.
Net distribution is defined in Section 6.3(F).
Net distribution means the amount the Trust will pay to the Securityholder after the Trust's or that Securityholder's payment, deduction or withholding an amount for or on account of any present or future taxes, duties, assessments or other governmental charges imposed with respect to that payment by any taxing authority that would not have been imposed if the Non-U.S. Merger had not occurred. For purposes of determining the amount of the Gross-Up Payment, to the extent that any withholding or imposition of any tax, duty, assessment or other governmental charge is assessed on different taxpayers at different rates, the rate applicable to each Holder of Trust Securities will be the highest marginal rate for the period in which the Gross-Up Payment is to be made. Any reference in this Amended and Restated Declaration of Trust, or the Trust Securities, to interest, Distributions or any other amount payable in respect of the Trust Securities also refers to any Gross-Up Payment payable with respect thereto pursuant to this Section 2.11.
Net distribution is defined in Section 6.3(F). "NET INCOME" is defined in Section 6.4(A) hereof. "NEW TERM LOAN" is defined in Section 2.1(a) hereof. "NON PRO RATA LOAN" is defined in Section 8.2 hereof. "NOTES" means the Revolving Notes and the Term Notes.