Sweat equity definition

Sweat equity means any contribution made by a partner to the operations of the association, including but not limited to physical labor.90 Acts, ch 1120, §1 499A.102 Local housing authority.1. A local housing authority may be created to encourage and assist the formation of housing cooperatives under this chapter. The following persons are authorized to form an authority, separately, or in combination with other authorized persons:
Sweat equity. Means the documented value of labour that the applicant contributes to the project, calculated based on the prevailing labour rate where the project is located. 6. ACCOUNTABILITY AND AUTHORITY 1. Minister
Sweat equity means the value of the labor provided by or on behalf of the cooperative member, at a fixed hourly rate, for the construction, rehabilitation, operation or management of a limited equity cooperative project.

Examples of Sweat equity in a sentence

  • Sweat equity means members of an eligible family may contribute labor toward the development of a homeownership project.

  • Sweat equity labor includes that of a friend, relative, or anyone with a financial interest in the business or property.

  • Sweat equity is your contribution to your home repairs in the form of effort.

  • Sweat equity on a property other than the property being purchased is not acceptable.

  • Exemptions.Notwithstanding any other provisions in this Chapter, the following exemptions shall apply: (1) Sweat equity contracts for home construction or rehabilitation grant will not subject the grantee to coverage under this Chapter.

  • The Student Health and Wellness Center offers Moderna vaccinations; call (562) 860-2451 Ext.

  • Sweat equity has long been acceptable compensation for consultants, lawyers, web developers and others providing occasional project work as well as entrepreneurs seeking to be part of a team on a new venture.

  • This resulted in creating an illiterate, oppressed, exploited and vulnerable society.

  • Post-purchasing counseling services should include core curriculum such as budgeting, maintaining good credit, calculating and understanding home equity, retirement savings, and foreclosure prevention; workshops on maintenance, repairs, and improvements.3. Sweat equity contribution/self-helpOwner-occupied projects only.

  • Kiran Kumar, Trustee^At the beginning of the year10000.0010000Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer /bonus / Sweat equity etc)----At the end of the year 10000.0014.Grandhi Varalakshmi Mallikarjuna Rao Trust - Mr. G.


More Definitions of Sweat equity

Sweat equity means contributions to the cost of the house by the Tenant/Tenant other than cash e.g. labour, materials, etc.;
Sweat equity means the provision of labor, the requisite hours
Sweat equity means you gain an ownership interest with work instead of money.
Sweat equity means the cost savings to an assisted unit attributable to self-help construction. This amount shall be calculated by subtracting the equity prior to the commencement of work on the assisted unit from the equity at the completion of the assisted unit. For the purposes of this definition, equity means the difference
Sweat equity means the contribution to a project in the form of work or labour time rather than money or other material resources.
Sweat equity is a core tenant of the Habitat ministry. It refers to the hands-on involvement of the prospective homebuyer and his or her family in the construction of their assigned home, as well as other Habitat homes, the ReStore, and other projects. When performing sweat equity, the homebuyer partner has an opportunity to invest physically and emotionally in the mission of Habitat. Sweat equity is an exciting cornerstone of the Habitat ministry, and it is designed to meet these three important goals:

Related to Sweat equity

  • Net Equity ’ means, subject to such rules and regulations as the Commission pro- mulgates under the Act, with respect to the aggregate of all of a customer’s accounts that such customer has in the same capacity—

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • New Equity means the common equity interests in Reorganized Neiman to be authorized, issued, or reserved on the Effective Date pursuant to the Plan.

  • Book Equity means the aggregate of the amounts paid-up or credited as paid-up on the Charter Guarantor's issued share capital and the amount of the consolidated capital and revenue reserves of the Group (including any share premium account, capital redemption reserve fund and any credit balance on the consolidated profit and loss account of the Group) all as shown by the latest audited consolidated balance sheet and profit and loss account of the Group delivered under this Deed but after:

  • Parent Equity Plan shall have the meaning set forth in Section 4.6.

  • Net Equity Proceeds means the cash proceeds received from (i) any capital contribution from any member of the Borrower or (ii) the issuance of Capital Stock of the Borrower (other than to a Subsidiary or an employee stock ownership plan), net of the actual liabilities for reasonably anticipated cash taxes in connection with such incurrence, if any, any underwriting, brokerage and other customary selling commissions incurred in connection with such incurrence, and reasonable legal, advisory and other fees and expenses, incurred in connection with such incurrence.

  • capital goods means goods, the value of which is capitalised in the books of account of the person claiming the input tax credit and which are used or intended to be used in the course or furtherance of business;

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Next Equity Financing means the next sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale (or series of related sales)).

  • Capital stock tax means a tax measured in any way by the capital of a corporation considered in its entirety.

  • New Equity Interests means the limited liability company

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Equity means Net Worth as defined in Companies Act, 2013.

  • Holdco has the meaning set forth in the Preamble.

  • Preferred Equity means any stock, shares or other ownership interests in the issuer thereof howsoever evidenced (including, without limitation, limited liability company membership interests), whether with or without voting rights, that is entitled to dividends or distributions prior to the payment of dividends or distributions with respect to Common Equity.

  • Working Capital Shares shall have the meaning given in the Recitals hereto.

  • Adjusted Equity means the Equity funded in Indian Rupees and adjusted on the first day of the current month (the “Reference Date”), in the manner set forth below, to reflect the change in its value on account of depreciation and variations in Wholesale Price Index (WPI), and for any Reference Date occurring between the first day of the month of Appointed Date (the date of achievement of Financial Closure) and the Reference Date;

  • Voting Capital Stock means with respect to any Person, securities of any class or classes of Capital Stock in such Person ordinarily entitling the holders thereof (whether at all times or at the times that such class of Capital Stock has voting power by reason of the happening of any contingency) to vote in the election of members of the board of directors or comparable governing body of such Person.

  • Working Capital Warrants shall have the meaning given in the Recitals hereto.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Net Equity Value means, at any time, the total assets of the applicable business less the total liabilities of such business less the amounts attributable to the minority interest in such business, in each case as determined on a consolidated basis, in accordance with GAAP, subject to the last sentence of the definition of Capitalization Value.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • Company Equity Plan means any management equity or stock option or ownership plan or any other management or employee benefit plan of the Company or any Subsidiary of the Company.

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) of any other Person.

  • Refunding Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).