Examples of Nonqualifying Income in a sentence
In the event that counsel or independent accountants for FCPT determine that there exists a material risk that any indemnification payments due under this Agreement would be treated as Nonqualifying Income upon the payment of such amounts to FCPT, the payments under this Agreement shall be made pursuant to Section 7.8(f) of the Separation and Distribution Agreement.
New Lease: As defined in Section 31.2.1. New Lease Effective Date: As defined in Section 31.2.1. New Master Lease: As defined in Section 31.3. Nonqualifying Income: As defined in Section 7.4.3. Occupancy Arrangement : Any sublease, license or other arrangement with a Person for the right to use, occupy or possess any portion of the Leased Property and/or any Capital Additions.
Non-qualifying Income: Any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.