Interim Income definition

Interim Income means and refer to the excess of rental income over cash operating expenses prior to the cost cut-off date for HUD cost certification purposes.
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Interim Income means all amounts actually collected as rents by the management agent for the Development from the Initial Closing Date up to and including the date of final completion of the Development, as determined by Authority.
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Interim Income means the consolidated net income or loss (resultat net) of the Company and its Subsidiaries for the period from 1 January 2001 through the Completion Date (it being understood that for the period from 1 May 2001 to the Completion Date, the interim income shall be calculated as follows: 5/84 of the interim income for the period from 1 January 2001 to 30 April 2001) as determined in accordance with French generally accepted accounting principles applied on a consistent basis with past practice, plus interest from the Completion Date through the date of payment to the Vendor or the Purchaser, as the case may be, pursuant to Clause 2.2.2(ii), computed based on the three (3) month EURIBOR rate;
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Examples of Interim Income in a sentence

  • These are included in the Consolidated Condensed Interim Income Statement under Other financial results.

  • Net accumulated losses-14,783.24 985,216.76Total Liabilities985,216.76(Source: interim financial statement of the Issuer as of 31 May 2021) Interim Income Statements as of 31 May 2021: Income Statement02/03.2021 to31/05/20212020(in EUR) 1.

  • As a result of the Reorganisation, the line item net life insurance income included in the Year End Income Statements has been reallocated in the Interim Income Statements to net fee and commission income, net financial income and net other income.

  • In addition to HTC equity proceeds, other sources commonly required to be bridged are TIF, grants from cities, Interim Income (existing properties) energy rebates, and Sales Tax Rebates.

  • The Directors may from time to time if they think fit declare and pay on or before the relevant Interim Income Allocation Date such interim dividends on Participating Shares of any class as appear to the Directors to be justified by the profits of the relevant Fund.

  • The specified medical events relevant to the Interim Living Benefit are as defined in the Medical Glossary.• Interim Income Protection Benefit – The lesser of$5,000 per month and the insured monthly disability benefit or insured monthly business overheads benefit applied for under Income Protection, Income Protection Plus or Business Overheads is payable should the Insured Person become totally disabled as a result of an accident or sickness whilst the Interim Accident and Sickness Cover is in force.

  • However, the fact that the functional currency of the Company’s subsidiaries differs, results in the generation of foreign exchange gains and losses that are included in the Consolidated Condensed Interim Income Statement under “Other financial income (expenses), net”.

  • Government grants have been recognised in the Consolidated Interim Income Statement, under the category Other income – government grants.

  • Interim Income Statement should also be submitted if accounting period does not coincide with the ITH period.b. Breakdown of Cost of Raw Materials for the inclusive ITH period pertaining to the registered activity and indicating what are indigenous and attested by the Zone Administrator/Manager.

  • CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (CONTINUED)Condensed Consolidated Interim Income Statement Accumulated inAccumulated inJune 2021June 2020 65 Section IX Financial Report I.


More Definitions of Interim Income

Interim Income has the meaning set forth in Section 2.2.
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Interim Income means the amount of cash attributable to the income, proceeds and other receivables of the Company or attributable to the Assets that relate to the period on and after the Effective Time up to and including the Closing Date (the “Interim Period”) and that is actually received by or on behalf of the Company during the Interim Period. The term “Interim Expense” means the amount of cash attributable to the expenses and other disbursements that relate to the period on or after the Effective Time and that is actually paid by or on behalf of the Company (including the discharge of amounts owed by the Company to Seller) during the Interim Period. Seller will estimate the Interim Income and Interim Expense for the period up to and including the Closing Date and incorporate such estimates into the Preliminary Settlement Statement. Except as provided in Sections 2.5 and 2.6, the actual amounts (to the extent the same differ from the estimates included in the Preliminary Settlement Statement) will be accounted for in the Final Settlement Statement. Notwithstanding anything in this Agreement to the contrary, income, proceeds and other receivables and expenses and other disbursements relating to the Excluded Assets and Other Assets and Businesses are the property and responsibility of Seller.
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Interim Income means the net income generated by the Seller from the Effective Date through the Closing Date.
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Related to Interim Income

  • Moderate Income means more than 50 percent but less than 80

  • Program Income means gross in- come earned by the recipient that is di- rectly generated by a supported activ- ity or earned as a result of the award (see exclusions in § 215.24(e) and (h)). Program income includes, but is not limited to, income from fees for serv- ices performed, the use or rental of real or personal property acquired under federally-funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Interest earned on advances of Federal funds is not program income. Except as other- wise provided in Federal awarding agency regulations or the terms and conditions of the award, program in- come does not include the receipt of principal on loans, rebates, credits, dis- counts, etc., or interest earned on any of them.

  • Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Interest Income means interest earned on the Funding;

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Gross Income from Operations means, during any period, all sustainable income as reported on the financial statements delivered by Borrower in accordance with this Agreement, computed in accordance with GAAP, derived from the ownership and operation of the Property from whatever source during such period, including (i) Rents from Tenants that are in occupancy, open for business and paying full contractual rent without right of offset or credit, (ii) utility charges, (iii) escalations, (iv) forfeited security deposits, (v) interest on credit accounts, (vi) service fees or charges, (vii) license fees, (viii) parking fees, (ix) rent concessions or credits, (x) income from vending machines, (xi) business interruption or other loss of income or rental insurance proceeds, (xii) other required pass-throughs and (xiii) interest on Reserve Funds, if any, but excluding (i) Rents from month-to-month Tenants, Tenants during a free-rent period, or Tenants that are included in any Bankruptcy Action, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income or rental insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds, if any. Gross income shall not be diminished as a result of the Security Instrument or the creation of any intervening estate or interest in the Property or any part thereof.

  • Per capita income means the average for the most recent three years for

  • Moderate income housing means housing occupied or reserved for occupancy by households with a gross household income equal to or less than 80% of the median gross income for households of the same size in the county in which the city is located.

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

  • Other Income means money received by a licensed manager from sources other than over the counter and machine sales.

  • Annual income means all amounts, monetary or not, which:

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Qualifying Income means gross income that is described in Section 856(c)(3) of the Code.

  • Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Income means the following:

  • Family income means all income that is included in a determination of family income under section 143(f) of the internal revenue code, 26 USC 143(f), together with the income of all adults who will reside in the residence, which income might otherwise be excluded from consideration because the individual was not expected to both live in the residence and be primarily or secondarily liable on the mortgage note.

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) as well as impairments thereof and any losses traced to the write-off of goodwill, fixed assets, leasehold improvements and general intangibles associated with the disposal or exiting of a business of the Company or any of its Subsidiaries for such period, all as determined on a Consolidated basis and in accordance with GAAP.