Average income definition

Average income means an income that complies with income restrictions determined at the advice and consent of the Oregon Housing Stability Council, but not to exceed the greater of 100 percent of the statewide or local area median income adjusted for household size as determined annually by the Housing and Community Services Department using United States Department of Housing and Urban Development information.

Average income. , in relation to an applicant, means one twenty-sixth of the aggregate of-

Average income means the gross revenues minus telephone bills and commissions (assuming dial-around compensation is based on the state of the law existing prior to September 20, 1996) for the Seller Phones; provided that (a) for Seller Phones installed on or prior to September 30, 1996, the Average Income shall be measured from January 1, 1996 (or, if later, the date of installation) through December 31, 1996 and (b) for Seller Phones installed after September 30, 1996, the Average Income shall be measured from the date of installation through April 30, 1997.

Examples of Average income in a sentence

• MARCH 31, 2000 MARCH 31, 1999 ---------------------------------- --------------------------------- INTEREST AVERAGE INTEREST AVERAGE AVERAGE INCOME/ YIELD/ AVERAGE INCOME/ YIELD/ BALANCE EXPENSE COST BALANCE EXPENSE COST ---------- --------- --------- ---------- --------- --------- (DOLLARS IN THOUSANDS) INTEREST EARNING ASSETS: Net loans .........................

• JUNE 30, 2000 JUNE 30, 1999 (UNAUDITED) (UNAUDITED) ----------------------------------- ---------------------------------- INTEREST AVERAGE INTEREST AVERAGE AVERAGE INCOME/ YIELD/ AVERAGE INCOME/ YIELD/ BALANCE EXPENSE COST BALANCE EXPENSE COST ----------- ----------- ----------- ----------- ---------- ----------- (DOLLARS IN THOUSANDS) INTEREST EARNING ASSETS: Net loans .....................

• FOR THE YEAR ENDED ---------------------------------------------------------------------------------- DECEMBER 31, 2006 DECEMBER 31, 2005 DECEMBER 31, 2004 ------------------------- --------------------------- ------------------------- AVERAGE INCOME/ YIELD/ AVERAGE INCOME/ YIELD/ AVERAGE INCOME/ YIELD/ (DOLLARS IN THOUSANDS) BALANCE EXPENSE RATE BALANCE EXPENSE RATE BALANCE EXPENSE RATE ------- ------- ---- ------- ------- ---- ------- ------- ---- ASSETS: Loans (net of deferred costs/fees)(1)........

• STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (THOUSANDS OF DOLLARS) THREE MONTHS ENDED MARCH 31, 1997 ----------------------------------------- WEIGHTED AVERAGE INCOME SHARES PER SHARE (NUMERATOR) (DENOMINATOR)) AMOUNT ----------- -------------- ------------ Net income .......................................

• AVERAGE BALANCES, INCOME AND EXPENSES, AND RATES (DOLLARS IN THOUSANDS) YEAR ENDED DECEMBER 31, ---------------------------------------------------------- 1996 1995 --------------------------- ---------------------------- AVERAGE INCOME/ YIELD/ AVERAGE INCOME/ YIELD/ BALANCE EXPENSE RATE BALANCE EXPENSE RATE ------- ------- ------ ------- ------- ------ ASSETS Earning Assets Loans(1) .

• AVERAGE INCOME DAYS SHARES INCOME (LOSS) PER SHARES OUTSTANDING SHARES X DAYS OUTSTANDING (LOSS) SHARE ---------- ----------- ------------- ----------- ----------- ---------- BASIC: Three months ended September 30, 1999..................