Income Sources Sample Clauses
The 'Income Sources' clause defines and identifies the various streams or types of income that are relevant under the agreement. It typically outlines which forms of revenue, such as salary, commissions, royalties, or investment returns, are included or excluded for the purposes of the contract. By clearly specifying what constitutes income, this clause ensures transparency and prevents disputes over what earnings are subject to the agreement’s terms, thereby providing clarity and reducing the risk of misunderstandings between the parties.
Income Sources. Funding sources will include state allocation per pupil, federal start-up grants, private grants, business partnerships, and donations.
1. Working Capital and Assets
Income Sources. The primary funding sources are the Idaho state allocations. Other sources include Federal start- up grant (estimated at $130K year 1), private grants (initially Albertson’s Foundation at $100K), business partnerships, and donations.
Income Sources. Seed farmers derive about 46 percent of their income from crop and forest production (see table 3.7). Seed production is the second most important source of income and represents 31 percent of total income. There is little variation between GPS farmers and PSI farmers in the share of seed production in total income, suggesting that seed production is part of a strategy of rural income diversification rather than being the main source of income. The third main source of income comes from non farm activities, representing 13.2 percent of total income. Table 3.7–Sources of total revenues for seed multipliers Revenue type GPS Farmers PSI Farmers Average percent of revenue All Farmers (N=108) Seed Revenue 31.03 30.43 30.80 Agricultural and forest revenue 39.02 34.00 37.06 Livestock revenue 10.56 7.52 9.38 Agricultural non-farm revenue 3.71 5.10 4.25 Non-farm revenue 11.67 15.67 13.22 Gifts, aid 2.80 3.14 2.94 Other 1.21 4.14 2.35 Source: IFPRI-FOFIFA survey 1997 Within seed production activities, more than half of seed income is derived from rice seed production. Moreover, irrigated rice seeds provide almost twice as much income as rain- fed rice seeds (see table 3.8). PSI farmers are, however, more specialized in irrigated rice than GPS farmers. Among other types of seeds, manioc, groundnuts, and wheat contribute 11-12 percent of total income. GPS farmers are more specialized in these products than PSI farmers. Table 3.8–Seed income by crop for seed farmers GPS Famers PSI Farmers Average percentage of revenue from seeds All Farmers Irrigated Rice 26.07 44.42 34.04 Rice-fed Rice 19.55 16.56 18.25 Maize 0.93 4.00 2.26 Manioc 0.00 5.07 2.20 Potato 13.04 9.21 11.38 Sweet Potato 1.07 0.00 0.61 Beans 2.68 3.72 3.13 Soybeans 0.54 0.93 0.71 Lentils 0.00 0.93 0.40 Groundnuts 19.38 2.33 11.97 Wheat 14.87 8.93 12.29 Fruits 0.00 0.35 0.15 Garden Vegetables 0.54 0.35 0.45 Others 1.34 3.21 2.15 Source: IFPRI-FOFIFA survey 1997
Income Sources. Our source of income is only our products that we are selling and assets however we manage financial sources in the form of loan from the bank but if only considering income the basic source of income is our products and our assets that are used to assist us in selling these products in the market.