Taxable distribution definition

Taxable distribution means the same as the term is defined in Section 2612(b) of the Internal Revenue Code.

Taxable distribution means a distribution that would not qualify as a distribution described in Section 355 of the Code.

Examples of Taxable distribution in a sentence

• Cash Taxable Distribution Ordinary Return of Per Share Dividend Capital ------------------------------------------- HR COMMON $ 2.310000 $ 1.954022 $ 0.355978 CUSIP # 421946104 HR 8.875% SERIES A PREFERRED $ 2.218760 $ 2.218760 $ -- CUSIP # 421946203 Note: While the taxability of 2002 dividends cannot be determined until late January 2003, the Company is not aware of any activities that would cause a substantial change in the taxability of the total 2002 dividend.

• Cash Taxable Distribution Ordinary Return of Per Share Dividend Capital -------------------------------------------- HR COMMON $ 2.230000 $ 1.900346 $ 0.329654 CUSIP # 421946104 HR 8.875% SERIES A PREFERRED $ 2.218760 $ 2.218760 $ -- CUSIP # 421946203 Note> While the taxability of 2001 dividends cannot be determined until late January 2002, the Company is not aware of any activities that would cause a substantial change in the taxability of the total 2001 dividend.

• The Company will provide to Parent a copy in advance of all notice and disclosure documents to be provided to the Stockholders relating to the Taxable Distribution Transaction, and Parent shall have a reasonable period of time to review and provide comments to such notice and disclosure documents.

• The Closing Per Share Merger Consideration and any other amounts payable per share pursuant to this Agreement shall be determined promptly following the consummation of the Taxable Distribution Transaction.

• Cash Taxable Distribution Ordinary Return of Per Share Dividend Capital ----------------------------------------------- HR COMMON $ 2.230000 $ 1.900346 $ 0.329654 CUSIP # 421946104 HR 8.875% SERIES A PREFERRED $ 2.218760 $ 2.218760 $ -- CUSIP # 421946203 Note> While the taxability of 2001 dividends cannot be determined until late January 2002, the Company is not aware of any activities that would cause a substantial change in the taxability of the total 2001 dividend.

• The Company will provide Parent prior to the Closing such documents reasonably requested by Parent to allow Parent to verify that the Taxable Distribution Transaction shall have been completed in accordance with the provisions of this Section.

• The intended effect of these steps is for the iHM Group to recognize gain or loss with respect to each of the Radio Distribution and the Outdoor Taxable Distribution.

• Cash Taxable Distribution Ordinary Return of Per Share Dividend Capital ------------------------------------- HR COMMON $ 2.310000 $ 1.954022 $0.355978 CUSIP # 421946104 HR 8.875% SERIES A PREFERRED $ 2.218760 $ 2.218760 $ -- CUSIP # 421946203 Note> While the taxability of 2002 dividends cannot be determined until late January 2003, the Company is not aware of any activities that would cause a substantial change in the taxability of the total 2002 dividend.

• The disclosure materials submitted to the Stockholders in connection with the Written Consent shall include the Company Board Recommendation with respect to the Merger and the Special Committee Recommendation with respect to the Taxable Distribution Transaction and shall also describe the material terms of the Merger and the Taxable Distribution Transaction (the “Information Statement”).

• Cash Taxable Distribution Ordinary Return of Per Share Dividend Capital -------------------------------------------- HR COMMON $ 2.310000 $ 1.954022 $ 0.355978 CUSIP # 421946104 HR 8.875% SERIES A PREFERRED $ 2.218760 $ 2.218760 $ -- CUSIP # 421946203 Note: While the taxability of 2002 dividends cannot be determined until late January 2003, the Company is not aware of any activities that would cause a substantial change in the taxability of the total 2002 dividend.