Income Amount definition
Income Amount has the meaning set forth in Section 4.1(c)(i).
Income Amount means the Income Cash Amount, the Income PIK Amount and the Income Variable Amount.
Income Amount means a value we calculate as of the Exercise Date. We determine the Income Amount initially by applying the guarantee income percentage of 5% to the Income Base. Subsequently, we increase the Income Amount due to Eligible Contributions to your Account or decrease the Income Amount due to Excess Withdrawals. If the Covered Event occurs, the Benefit Amount equals the then current Income Amount.
Examples of Income Amount in a sentence
For purposes of computing the Income Amount, the taxable income shall be determined by including (i) any special adjustments of tax items required as a result of any election under Section 754 of the Code, including adjustments required by Sections 734 and 743 of the Code, and (ii) adjustments to taxable income in respect of Section 704(c) of the Code (including “reverse Section 704(c) allocations”).
More Definitions of Income Amount
Income Amount means, in respect of any LBI Asset Claim Customer, the amount of income which would have been earned (before tax and without any reinvestment of income) on the Securities comprised in that LBI Asset Claim Customer’s 19/9 Position during the period from 15 September 2008 to the Fixing Date and taking into account any change in the amount or nature of those Securities as a result of capital redemptions, Corporate Actions or Corporation Events during that period but not including any amount of capital payment referred to at paragraph (ii)(a) or (ii)(b) of the definition of Aggregate Market Value)
Income Amount has the meaning given to it in the Service Agency Agreement. "Income PIK Amount" has the meaning given to it in the Service Agency Agreement.
Income Amount for a Tax Estimation Period shall equal, with respect to any Member, the net taxable income of the Company allocated or allocable to such Member for such Tax Estimation Period (excluding any compensation paid to a Member outside of this Agreement and any guaranteed payments paid to a Member). For purposes of computing the Income Amount, taxable income shall be determined (i) without regard to any adjustments under Sections 732(d), 734(b) and 743(b) of the Code, (ii) by including adjustments to taxable income in respect of Section 704(c) of the Code, (iii) by accounting for any limitations imposed on the deductibility of expenses and other items, and (iv) by reducing such taxable income by taxable losses of the Company allocated to such Member for taxable periods (or portions thereof) beginning after the date hereof to the extent that such losses are of a character (ordinary or capital) that would permit the losses to be deducted by such Member against the current taxable income of the Company allocable to the Member for such Tax Estimation Period, are otherwise available to be utilized, and have not previously been taken into account in determining such Member’s Income
Income Amount means that amount which is currently includable under the Code (or applicable State or local tax law) in gross income during any Plan Year by reason of the participation of the Participant in the Plan or any distributions of retirement benefits under the Plan (not including any Gross-Up Payments).
Income Amount has the meaning set forth in Section 4.1(c)(i). “Indemnified Person” has the meaning set forth in Section 6.4(a). “IPO” has the meaning set forth in the Recitals.
Income Amount has the meaning set forth in Section 2(c)(ii)(2).
Income Amount means, in the case of any Bond Year as of which the Excess Earnings Amount is positive, that amount of income which is attributable to the lesser of (a) the Excess Earnings Amount as of the Calculation Date for that Bond Year, or (b) the amount by which the Excess Earnings Amount as of the Calculation Date in question exceeds the Excess Earnings Amount as of the Calculation Date for the preceding Bond Year, but only to the extent that such income is earned from the close of the Bond Year in question to the date of transfer of amounts to the Excess Earnings Account required by Section 6.04 hereof.