Income Unit definition

Income Unit is the unit of measure we use to calculate the amount of income payments under the Variable Income Annuity.

Income Unit means an Income Unit in the Series Trust referred to in clause 3.1.

Income Unit means an Income Unit in the Trust referred to in clause 3.

Examples of Income Unit in a sentence

• Property owners must submit a Maximum Income & Unit Rent Computation form on an annual basis to the Development Office.

• Requests for extension beyond the approved project period shall be submit- ted by the participant no later than 30 days before the contract expiration date.

More Definitions of Income Unit

Income Unit is the unit of measure we use to calculate the amount of payments under the Variable Payment Settlement Option.

Income Unit a Unit that may make payments to you out of the income it earns;

Income Unit means a unit in the Fund and described as such in this Scheme; "independent" means that:

Income Unit means a unit in a licensed unit trust scheme which is not an accumulation unit;

Income Unit a Unit that may make payments to you out of the income it earns; “in writing”: signed written notification sent to us by post (our contact details are available in section 26 (Contact Us));

Income Unit or "Income Units" means the collective rights and obligations of a Holder of an Income Units Certificate in respect of a Preferred Security or an appropriate Applicable Ownership Interest of the Treasury Portfolio, as the case may be, subject in each case to the Pledge thereof, and the related Purchase Contract.

Income Unit means an income standard for establishing the extent of the farming and non­farm activity. For non­farm activity one income unit is equivalent to €254 of gross income.