Accrued income means the sum of:
Accrued income means the investment income for the period, divided by the number of days within the period, annualized to a 365-day year, and divided by the average daily total invested balance.
Accrued income means the sum of: (1) Earnings during a given period from services performed by the grantee and goods and other tangible property delivered to purchasers, and (2) amounts becoming owed to the grantee for which no current services or performance is required by the grantee.
Examples of Accrued income in a sentence
The Operator may expedite the withdrawal of the Client’s Account by paying, in favour of the Client, an estimate of any Accrued Income instead of waiting for the receipt of the actual income.
If the Operator under-estimates the Accrued Income then the Operator shall pay to the Client the difference between the estimate and the income eventually received by the Operator, less the amount of any fees and expenses which the Operator would have been entitled to deduct from the Client’s Account if it had stayed open.
Otherwise, payment of the estimate will discharge the Operator’s obligation to the Client in respect of the Accrued Income.
More Definitions of Accrued income
Accrued income means the sum of: (1) earnings during a given period from (i) services performed by the recipient, and (ii) goods and other tangible property delivered to purchasers, and (2) amounts becoming owed to the recipient for which no current services or performance is required by the recipient.
Accrued income means payments to the Operator by the Users for the Telecommunication Services rendered in the corresponding month.
Accrued income means payments to the Operator by the Users for the Services rendered in the corresponding month. Accrued income does not include income from the Telecommunication Services, rendered to the Users with the help of pay telephones, and on Operator’s call offices.
Accrued income means payments to the Operator by the Users for the Services rendered by Rostelecom to the Users in the corresponding month.
Accrued income shall have the meaning set forth in Section 2.2(a).
Accrued income shall exclude any rent as to which the Tenant is fifteen (15) days or more past due as of the Closing Date (“Past Due Rent”), and “Accrued Expenses” shall exclude any accrued, but unpaid costs or expenses for which a Tenant is obligated to reimburse any of the Casablanca Subsidiaries pursuant to the terms of a Property Lease; provided, however, that in the event a Tenant is, as of the Closing Date, in default of (and all applicable cure periods have expired), or disputing any obligation to pay such costs or expenses, the amount thereof shall be payable by Sellers for purposes of calculating the apportionments contemplated by this Section 2.3(a). Subsequent to the Closing Date, the Buyer shall use its commercially reasonable efforts to enforce the terms of the applicable Property Lease and shall remit to Sellers the amount of any such defaulted or disputed costs and expenses together with any Past Due Rent actually collected by the Buyer less all fees and expenses incurred by the Buyer in collecting such monies. In addition to the foregoing, any deposits reflected on Schedule 4.6(e) of the Disclosure Schedule held by Sellers or any of the Casablanca Subsidiaries (excluding any amounts set forth on Schedule 2.3(c)), will be paid (if not already held in an account of the Casablanca Subsidiaries) over to the Buyer on the Closing Date or contributed to the Casablanca Subsidiaries on or prior to the Closing Date.
Accrued income means the monetary value of all goods and services provided by any Group Company before the Completion Date for which revenue has not been received by that Company as at 24:00 hours (GMT) at the end of the Completion Date including interest due to the Group Companies in respect of any amount included in calculating the Inter-Group Debt;