Nonqualifying Income definition

Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.
Sample 1Sample 2Sample 3
Nonqualifying Income means income not described in Section 856(c)(2) of the Code, or any successor provision.
Sample 1Sample 2Sample 3
Nonqualifying Income. As defined in Section 7.4.3.
Sample 1Sample 2Sample 3

Examples of Nonqualifying Income in a sentence

  • Nonqualifying Income : Any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • The OECD Health Data CD-ROM provides a long time series on medical care expenses as a proportion of disposable income (Table 6).

  • 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.

  • In no event will the General Partner or SHC LP be entitled to an aggregate allocation of non-qualifying gross income within the meaning of Section 856(c)(2) or (3) of the Code (“Non-qualifying Income”), in any Fiscal year that, together with other Non-qualifying Income of Strategic Hotel Funding, L.L.C. with respect to such Fiscal Year would cause Strategic REIT’s aggregate Non-Qualifying Income with respect to such Fiscal Year to exceed 5% of Strategic REIT’s total gross income for such Fiscal Year.


More Definitions of Nonqualifying Income

Nonqualifying Income. As defined in Section 19(l)(i).
Sample 1Sample 2Sample 3
Nonqualifying Income shall have the meaning set forth in Section 5.9(i).
Sample 1Sample 2Sample 3
Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying
Sample 1Sample 2
Nonqualifying Income shall have the meaning specified in the Separation and Distribution Agreement.
Sample 1Sample 2
Nonqualifying Income means gross income that does not constitute income described in Sections 856(c)(2) or 856(c)(3) of the Code.
Sample 1Sample 2
Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and
Sample 1
Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not “ Qualifying Income .” For the purposes of this definition, “Qualifying Income” shall mean gross income that is described in Section 856(c)(2) or 856(c)(3) of the Code.
Sample 1