Sentence examples for note receivable from inspiring English sources

This is important, because no "economic outlay" was required on A's part; rather, A simply received a distribution of a note receivable from Profitco.

Perhaps the difference is, when a shareholder receives a distribution of a note receivable from an affiliated S corporation, while no economic outlay on the part of the shareholder occurs, the distribution does have tax significance, as it reduces the shareholder's stock basis in the distributing business.

Mr. Swartz was "Note Receivable Employee C".

The third account, where Sardinia expenses were logged, was "Note Receivable LDK," Ms. Rex said.

That does not include a note receivable from his Senate committee worth at least $5 million, for money of his own spent on his race five years ago.

For example, in an example in those regulations with identical facts to our situation where Profitco, rather than A, made a loan to Lossco, A could create basis in Lossco by having Profitco distribute the note receivable from Profitco to A, making A the creditor on the note.

NS&E expects to receive proceeds from the transaction in a combination of cash and notes receivable of approximately $285 million at closing.

Budget will sell Cruise America for $131 million, including cash, notes receivable and fleet debt, to an investment group that includes Cruise America management and its original founders.

Where information is lacking as to whether direct consumer loans by a finance company are for eligible purposes, it may be assumed that 50percentt of such loans are "notes receivable which appear eligible for rediscount".

The notes receivable are expected to approximate 75% of the total proceeds, bear annual interest at 4.5%, and be payable in three to five-and-one-half years from the date of closing.

For example, property, equipment and notes receivable are non-current assets.