Cash Income definition

Cash Income is Borrower’s consolidated net income (or loss) plus depreciation, plus amortization of intangible assets plus other non-cash charges made to Borrower’s income minus all principal debt service (excluding principal payments on debt due Dolphin Direct Equity Partners, LP) and minus un-financed capital expenditures, determined in accordance with GAAP.

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Cash Income means the net income of First Home Group for the applicable period as determined in accordance with generally accepted accounting principles consistently applied, using the principles specified in Exhibit A plus amortization and depreciation expenses of First Home Mortgage Corp. for the period set forth in Exhibit A.

Cash Income means any income or deposits received during a specified period that we have determined to be treated as income and may include cash receipts, deposits and other sources as we determine, in our sole discretion. Claim means any right that the Buyer has or asserts to a deduction whether by discount, credit, set off, counterclaim or other allowance from the face amount of a Debt. Collateral means your personal property, business assets and other property, as further defined in sub-clause 10.1(a), excluding:

Examples of Cash Income in a sentence

Excess Cash (which is defined for purposes of this Agreement as adjusted EBITDA (before taking into account accruals for long-term incentive awards and other stock-based compensation) less Cash Interest Payments less Cash Income Tax Payments less Tax Withholding Payments for Share-based Compensation less Capital Expenditures less Dividends Paid).
To the extent that, as of the last day of a given calendar quarter, there is sufficient net cash incentive income to the Company for only some of the outstanding unvested RSUs (including previously granted Supplemental RSUs) covered by this Award to first satisfy the Cash Income Test as of such date, then the non-Supplemental RSUs shall vest before any Supplemental RSUs vest.
The Administrator reserves the right, in its sole discretion after considering the applicable accounting treatment, to waive the Cash Income Test as applied to a particular RSU, in which event the Cash Income Test shall be deemed satisfied for such RSU for purposes of this paragraph and clause (A) below.
The provisions of this Section 6.1.1 are not intended to describe a priority or preferred distribution, and distributions described in Section 6.1.2, 6.1.3, 6.1.4, 6.1.5, 6.1.6, 6.1.7 and/or 6.2 may be made regardless of whether any distribution is ever made pursuant to this Section 6.1.1. Any distribution of Net Cash Income under this Section 6.1.4 shall be made pro rata to the Beneficiaries based upon the number of Trust Units owned by each Beneficiary.
Upon any period of suspension, Profits And Losses For Tax Purposes, Net Operating Cash Flow, and Net Extraordinary Cash Income allocable or distributable to such Defaulting Member, including any portion thereof accrued prior to default, will be allocated or distributed to the non-defaulting Members in accordance with the other provisions of this Agreement as if such Defaulting Member had no interest in the Company.

More Definitions of Cash Income

Cash Income means, for any period, the sum of Net Income and (a) depreciation and amortization; (b) Cash Interest Expense; (c) the net (gain) or loss on real estate held for sale; (d) the net (gain) or loss on securities; (e) income taxes; (f) GAAP earnings from equity investments; (g) loss on impairment of assets; (h) hedge cost write off; (i) management and incentive fees paid in form of the issuance of Guarantor’s common stock; (j) hedge ineffectiveness; (k) amortization of debt; (l) interest accretion (amortization); and (m) cash distributions from equity investments

Cash Income has the meaning set forth in Exhibit 2.4(c).

Cash Income means the total of all earnings of the Trust Fund, including but not limited to interest, rents, ordinary dividends, contributions, any other dividends or capital gains allocated to Income pursuant to this Trust Agreement, calculated on a cash accounting basis.

Cash Income means, for any fiscal quarter of the REIT with respect to any Investment Asset, the income (without duplication) received in cash or accrued under GAAP by one or more Wholly-Owned Loan Parties from such Investment Asset (whether received directly or received indirectly via payments or distributions from an Affiliated Investor that holds, directly or indirectly, an ownership interest in such Investment Asset) during such fiscal quarter in the form of, as applicable, (i) cash interest, (ii) cash dividends, (iii) the portion of principal amortization included as taxable income (on performing loans acquired at a discount to par), (iv) reported GAAP net income (adjusted to add back depreciation and amortization expense) resulting from the ownership of real property, but only to the extent received in cash and (v) other recurring investment distributions received in cash or accrued under GAAP, in each case in respect of such Investment Asset and excluding in any event gains from asset sales. The items referred to in this definition with respect to any Investment Asset owned by a Wholly-Owned Loan Party or an Affiliated Investor during any fiscal quarter will be calculated on a pro forma or “grossed-up” basis to include a full quarter’s Cash Income from such Investment Asset for such fiscal quarter. Notwithstanding the foregoing, and for the avoidance of doubt, Cash Income from any Preferred Equity Investment shall exclude all amounts constituting Cash Income or proceeds of Cash Income (whether received directly or received indirectly from payments or distributions) from an Investment Asset owned by the applicable Preferred Equity Issuer.

Cash Income for the applicable period means the gross cash revenues and funds received by the Company in such period or applicable to such period (prepaid rents. prepaid payments and security deposits and any other Items received in one period and applicable to a later period to be included in Cash Income only as earned, applied or forfeited), other than funds received as loans from the Members, Capital Contributions (other than the initial Capital Contributions as set forth in Exhibit "A" -hereto) or financing proceeds or sale proceeds. In addition, any distribution to the Members from the Company's reserves shall constitute Cash Income for the period in which such distribution is made.

Cash Income means, for any period, the sum of Net Income of the Guarantor and its consolidated Subsidiaries and (a) Cash Interest Expense and (b) depreciation and amortization; less (i) the net gain (or loss) on securities, (ii) the net gain (or loss) on real estate held for sale, (iii) earnings (or loss) from equity investments and unconsolidated joint ventures determined in accordance with GAAP, plus cash distributions from equity investments, (iv) income (or expense) attributable to the ineffectiveness of hedging transactions, (v) any benefit (or provision) for income taxes for such period, (vi) interest amortization (or accretion), (vii) incentive fees received (or paid) in the form of the issuance of the Guarantor's common stock, and (viii) gains (or losses) attributable to the impairment of assets under EITF 99-20.

Cash Income for the applicable annual period means the gross cash revenues and funds received by the Owner for such period, other than funds received as capital contributions, loans or proceeds of casualty insurance (other than rental income insurance) or of any refinancings or sales of assets of the Owner or from any condemnation award or conveyance in lieu thereof (prepaid rents, prepaid payments and security deposits being included in Cash Income as earned, applied or forfeited). As used herein, "ANNUAL PERIOD" shall refer to each calendar year which occurs during the term