Examples of Income loss in a sentence
Any non-cash asset distributed to one or more Members will first be valued by the Manager at its Fair Market Value to determine the Net Income, Loss and special allocations that would have resulted if that asset had been sold for that value, which amounts will be allocated pursuant to Article VI, and the Members' Capital Accounts will be adjusted to reflect those allocations.
Any non-cash asset distributed to one or more Members shall first be valued by the Manager at its Fair Market Value to determine the Net Income, Loss and special allocations that would have resulted if that asset had been sold for that value, which amounts shall be allocated pursuant to Article VI, and the Members’ Capital Accounts shall be adjusted to reflect those allocations.
Second Priority The Medical Expense and Income Loss Benefits Coverage of the operator of the “motor vehicle” the “insured” was “occupying” at the time of the accident.
Third Priority The Medical Expense and Income Loss Benefits Coverage of the “insured”.
If, after submission of the Proof of Loss, the Insurer and Insured do not agree on the amount of Income Loss, each party will select an appraiser.