Required Distribution definition

Required Distribution means any such securities, dividends or distributions described in subsection (i), (ii) or (iii) of Section 7.3.

Required Distribution. With respect to the Class A Certificates, the amount described as the "Required Distribution" in the form of Class A Certificate.

Required Distribution means, with respect to each taxable year of the Company, an amount equal to the net income of the Company for Federal income tax purposes multiplied by _____%. "Reserves" means amounts set aside from time to time by the Manager pursuant to Section 4.8. "Substitute Member" has the meaning set forth in Section 9.3 below. "Tax Exhibit" means the additional definitions and provisions that are contained in Schedule B attached hereto. "Transfer" means (i) when used as a verb, to give, sell, exchange, assign, transfer, pledge, hypothecate, bequeath, devise or otherwise dispose of or encumber, and (ii) when used as a noun, the nouns corresponding to such verbs, in either case voluntarily or involuntarily, by operation of law or otherwise, including, without limitation, upon Bankruptcy, death, divorce, marriage dissolution or otherwise. "Treasury Regulations" means the regulations promulgated by the Treasury Department with respect to the Code, as such regulations are amended from time to time, or corresponding provisions of future regulations.

Examples of Required Distribution in a sentence

• Depositor Item 6.04- Failure to Make a Required Distribution Servicer Indenture Trustee Item 6.05- Securities Act Updating Disclosure If any material pool characteristic differs by 5% or more at the time of issuance of the securities from the description in the final prospectus, provide updated Reg AB disclosure about the actual asset pool.

• New Indenture Trustee Item 6.03- Change in Credit Enhancement or External Support N/A Item 6.04- Failure to Make a Required Distribution Servicer Indenture Trustee Item 6.05- Securities Act Updating Disclosure Material pool characteristic differs by 5% or more (other than as a result of pool assets converting to cash in accordance with their terms) at the time of issuance of the securities from the description in the final prospectus, provide updated Reg AB disclosure about the actual asset pool.

• Annual payments for subsequent years, including the year in which the Required Distribution Date occurs, must be made by December 31 of each year.

• We may require proof that a person is alive on the Required Distribution Date, the Start Date, or at any time thereafter.

• In the case of a distribution other than in the form of life income or joint life income, the annual distribution required to be made by the Required Distribution Date is for the calendar year in which you reach age 70 1/2.

More Definitions of Required Distribution

Required Distribution means, with respect to each taxable year of the Company, an amount equal to the net income of the Company for Federal income tax purposes multiplied by the Maximum Combined Marginal Rate. The “Maximum Combined Marginal Rate” means the percentage determined by adding the maximum marginal federal income tax rate and the maximum marginal state income tax rate in the State of California for individuals filing joint returns.

Required Distribution. Distribution may be an Annuity as set forth in Sections 4.01 through TO CONTRACT HOLDER/ 4.04, payments under ECO or SWO as defined in Section 3.11 or a lump BENEFICIARY sum payment. (CONT'D): (b)

Required Distribution means distributions [ *** ].

Required Distribution means the minimum required distribution to a Participant upon attaining age 70 1/2, as required under section 401(a)(9) of the Code and set forth in Section 6.10.

Required Distribution is defined in Section 1.3.1.

Required Distribution. With respect to (1) any Payment Date occurring prior to the Final Stated Maturity Date, the Class A Interest Payment Amount, and (2) the Final Stated Maturity Date, the sum of (x) the amount set forth in clause (1) above and (y) the Class A Note Principal Balance, if any, of the Note, after giving effect to all other payments of principal on the Note on that Payment Date.

Required Distribution means any dividend or other distribution that is necessary to maintain IIT REIT’s qualification as a REIT, to avoid the incurrence of any Taxes by IIT REIT under Section 857 of the Code or to avoid the imposition of any excise Taxes on IIT REIT under Section 4981 of the Code.