Threshold Income definition

Threshold Income means the level of Net Income for Corporation for a Fiscal Year as designated by Corporation’s CEO, with the approval of the Compensation Committee. The Threshold Income for Fiscal 2007 was previously designated by Corporation’s CEO, with the approval of the Compensation Committee, and communicated to Executive. For Fiscal 2008 and any subsequent Fiscal Year beginning in a Renewal Term, the Compensation Committee will designate the Threshold Income no later than May 31, 2007 (or May 31 of that Fiscal Year).
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Threshold Income means the level of Net Income for the PPT Division for a Fiscal Year as designated by Corporation’s CEO, with the approval of the Compensation Committee. For Fiscal 2006, the Threshold Income is the amount approved by the Compensation Committee concurrently with approval of this Agreement. For Fiscal 2007, the Compensation Committee will designate the Threshold Income no later than May 31, 2006.
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Threshold Income means: in the case of the Company, the Company's consolidated net income during fiscal year 2004; and, in the case of the Company's principal operating subsidiaries, each subsidiary's operating income in fiscal year 2004.
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Examples of Threshold Income in a sentence

  • The modified adjusted gross income of the Borrower(s) for the taxable year in which the disposition occurs minus the Threshold Income divided by $5,000.

  • The first year Threshold Income is 5% greater than the maximum allowable Federal income limit for the area in which the residence is located at the time the borrower was qualified.

  • Each year of the nine (9) year holding period the Threshold Income is increased by 5% from the previous year's Threshold Income.

  • The Threshold Income for each of the nine (9) years is provided to the Borrower(s) in the "Notice to Mortgagor(s) of Maximum Recapture Tax and of Method to Compute Recapture Tax on Sale of Home" letter which will be issued by CHFA at the time of issuance of the Commitment.

  • The Borrower(s) modified adjusted gross income for the year in which the home is sold does not exceed the Threshold Income, adjusted for family size, for such year.

  • The 2021/22 tax year allows use of unused allowances from 2018/19, 2019/20 and 2020/21.Tapered Annual AllowanceThe Tapered Annual Allowance calculations will now not affect anyone with a Threshold Income level of £200,000 or below.

  • The Threshold Income is now£200,000 and the Adjusted Income is £240,000, with the minimum AA being£4,000.Threshold income can be broadly defined as your taxable income after the deduction of your pension contributions (including AVCs deducted under the net pay arrangement).

  • The Threshold Income is now £200,000 and the Adjusted Income is £240,000, with the minimum AA being £4,000.

  • Adjusted Gross Income from IRS 1040 $ Tax exempt income earned for the year + Gain on sale of the home - Modified Adjusted Gross Income=$ Then determine if this income exceeds the “Recapture Tax Threshold Income Limits” (CHFA Form #048-0405) for your family size and home location, based on the year you are selling your home.

  • Threshold Income Averagingpercent of AMInumberof rent-restricted unitspercent of rent- restricted units a÷bweightpoints60%(a) X 50.0 =50%(a) X 72.5 =40%(a) X 92.5 = note: No more than 60 percent of total number of low-income units can be designated as serving tenants at or below 40 percent of the AMI for purposes of determining the points in the 40 percent AMI category unless the project has project-based rental assistance or operating subsidies.


More Definitions of Threshold Income

Threshold Income means a multiple of 2009 Plan Income approved by the Board of Directors within the first 90 days of the Performance Period.
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Threshold Income broadly means the total income for the tax year on which the individual is subject to income tax. This will include salary, bonus, profits from self-employment, benefits in kind, pension income (including UFPLS), income from property, savings and dividends; plus
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Threshold Income means operating income from continuing operations in fiscal year 2006.
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Threshold Income means the Company’s operating income in fiscal year 2007.
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Threshold Income means the level of Net Income for the Theatrical Division for a Fiscal Year as designated by Corporation’s Chief Executive Officer, with the approval of the Compensation Committee. For Fiscal 2007, the Threshold Income is the amount approved by the Compensation Committee concurrently with approval of this Agreement. For Fiscal 2008 and any subsequent Fiscal Year beginning in a Renewal Term, the Compensation Committee will designate the Threshold Income no later than May 31, 2007 (or May 31 of that Fiscal Year).
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Threshold Income means the level of Net Income for the VOD Division for a Fiscal Year as designated by Corporation's CEO, with the approval of the Compensation Committee. For Fiscal 2007, the Threshold Income is the amount approved by the Compensation Committee concurrently with approval of this Agreement. For Fiscal 2008 and any subsequent Fiscal Year beginning in a Renewal Term, the Compensation Committee will designate the Threshold Income no later than May 31, 2007 (or May 31 of that Fiscal Year).
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Related to Threshold Income

  • Threshold means with respect to Party B: infinity.

  • 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.

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

  • Household income means the combined income of the members

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Adjusted Operating Income for each year in the Performance Period is defined as the Company’s net income from continuing operations as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis), adjusted as set forth in the immediately following sentence. In calculating Adjusted Operating Income, net income from continuing operations shall be adjusted as follows: first (A) remove the after-tax effects of the following items: (i) losses (net of reinsurance) from catastrophes (as designated by the Insurance Service Office’s Property Claims Service Group, the Lloyd’s Claim Office, Swiss Reinsurance Company’s sigma report, or a comparable report or organization generally recognized by the insurance industry, and reported by the Company as a catastrophe); asbestos and environmental reserve charges (or releases); net realized investment gains or losses in the fixed maturities and real estate portfolios; and (ii) extraordinary items, the cumulative effect of accounting changes and federal income tax rate changes, and restructuring charges, each as defined by generally accepted accounting principles in the United States, and each as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis); (B) reduced, as to the first year in the Performance Period (20XX), by $XXXXXX, as to the second year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium, and as to the third year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium; and (C) reduced by an amount intended, as of the date of this award, to approximate historical levels of credit losses (on an after-tax basis) associated with the Company’s fixed income investments, determined by (i) multiplying a fixed factor, expressed as 2.25 basis points, by the amortized cost of the Company’s fixed maturity investment portfolio at the beginning of each quarter during the relevant year in the Performance Period and (ii) adding the after-tax sum of the amounts resulting from (i) for such year in the Performance Period.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • 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.

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

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

  • EBITA means for any period, operating profit (loss) plus (i) amortization, including goodwill impairment, (ii) amortization of non-cash distribution and marketing expense and non-cash compensation expense, (iii) restructuring charges, (iv) non-cash write-downs of assets or goodwill, (v) charges relating to disposal of lines of business, (vi) litigation settlement amounts and (vii) costs incurred for proposed and completed acquisitions.

  • Anticipated county property tax revenue availability means the

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small pur- chase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisi- tion threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsi- ble for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its docu- mented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

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

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments: