Common use of Income Clause in Contracts

Income. In determining individual “income,” Subscriber should add to Subscriber’s individual taxable adjusted gross income (exclusive of any spousal income) any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IXX or Kxxxx retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.

Appears in 12 contracts

Samples: Welltek Incorporated (CLStv Corp.), Welltek Incorporated (CLStv Corp.), Subscription Agreement (Glimpse Group, Inc.)

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Income. In determining individual “income,” Subscriber should add to Subscriber’s individual taxable adjusted gross income (exclusive of any spousal income) any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IXX XXX or Kxxxx Xxxxx retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.

Appears in 9 contracts

Samples: Subscription Agreement (Ronco Brands, Inc.), Subscription Agreement (Ronco Brands, Inc.), Subscription Agreement (Ronco Brands, Inc.)

Income. In determining individual "income," Subscriber should add to Subscriber’s 's individual taxable adjusted gross income (exclusive of any spousal income) any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IXX XXX or Kxxxx Xxxxx retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.

Appears in 5 contracts

Samples: Common Stock Subscription Agreement (Ggtoor, Inc.), Common Stock Subscription Agreement (Co-Optrade), Common Stock Subscription Agreement (Co-Optrade)

Income. In determining individual "income," Subscriber should add to Subscriber’s 's individual taxable adjusted gross income (exclusive of any spousal income) any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IXX IRA or Kxxxx Xxxxx retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.

Appears in 3 contracts

Samples: Common Stock Subscription Agreement (AUSCRETE Corp), Common Stock Subscription Agreement (AUSCRETE Corp), Common Stock Subscription Agreement (Almco Plumbing Inc)

Income. In determining individual "income," Subscriber should add to Subscriber’s 's individual taxable adjusted gross income (exclusive of any spousal income) any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IXX or Kxxxx retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.

Appears in 3 contracts

Samples: Zimmerman Biopharma (Zimmerman BioPharma Holding, Inc.), Zimmerman Biopharma (Zimmerman BioPharma Holding, Inc.), Common Stock Subscription Agreement (Novea Inc.)

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Income. In determining individual “income,” Subscriber should add to Subscriber’s individual taxable adjusted gross income (exclusive of any spousal income) any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IXX IRA or Kxxxx retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Bitech Technologies Corp), Welltek Incorporated (CLStv Corp.)

Income. In determining individual “income,” Subscriber should add to Subscriber’s 's individual taxable adjusted gross income (exclusive of any spousal income) any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IXX XXX or Kxxxx Xxxxx retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.

Appears in 1 contract

Samples: Common Stock Subscription Agreement (Link Group International Inc)

Income. In determining individual "income," Subscriber should add to Subscriber’s 's individual taxable adjusted gross income (exclusive of any spousal income) any amounts attributable to tax exempt income received, losses claimed as a limited partner in any limited partnership, deductions claimed for depletion, contributions to an IXX IRA or Kxxxx Xxxxx retirement plan, alimony payments, and any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income.. [Continued on page 3]

Appears in 1 contract

Samples: Common Stock Subscription Agreement

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