Net Investment Income Sample Clauses

Net Investment Income. The net investment income of the Fund shall consist of the aggregate of the investment income, capital gains or losses realized and unrealized, of the Fund less any investment and administration expenses charged to the Fund.
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Net Investment Income. Fund Investment Income, minus Fund Operating Expenses, equals Net Investment Income. If the Fund’s Net Investment Income on any day is below zero, the Investment Advisor shall waive its advisory fee or reimburse the Fund an amount (the “Expense Waiver”) sufficient to produce a Net Investment Income of zero.
Sample 1
Net Investment Income. For purposes of this Agreement the term Net Investment Income as used for the experience refund calculation in Schedule C.03 shall mean the result of: a) the amount of gross investment income earned on the segregated asset account during the month calculated in a manner consistent with the calculation of such amounts in Column 7, of Exhibit 2 of the Company's NAIC convention blank, plus, b) any realized capital gains for such month on such assets or (less) any realized capital losses for such month on such assets, less, c) the investment expenses as calculated for Exhibit 2, lines 11 and 12 of the Company's NAIC Convention Blank on such assets (except that such investment expenses shall not exceed .125%, on an annual basis of the average balance of the segregated asset account defined in Schedule D), plus, d) the amount of investment income paid to the Reinsurer by the Company on the outstanding policy loans on the policies as defined in 3.08.
Sample 1Sample 2
Net Investment Income. “Fund Investment Income”, as defined in paragraph 1.2 below, minus “Fund Operating Expenses” as defined in paragraph 1.3 below equals Net Investment Income. If the Fund’s Net Investment Income on any day is below zero, the Investment Adviser shall waive its Advisory Fee or reimburse the Fund an amount (defined as “Expense Waiver”) sufficient to produce a Net Investment Income of zero.
Sample 1
Net Investment Income. The net investment income of the consist aggregate income, capital gains or losses ancl unrealized, of the less any investment expenses charged to the ALLOCATION OF NET INVESTMENT INCOME The net investment be periodically, but at least at of Plan Year, to the contributions made by the Company, the form of Credited Interest and accordance with an equitable manner approved by Company.
Sample 1
Net Investment Income. The net investment income of the Fund shall consist of aggregate investment income, capital gains or losses and of the Fund any and administration expenses charged to fund. Allocation Of Net Investment Income The net investment income shall be allocated periodically, but at least at the end of each Plan Year, to the contributions made by the Company, in the form of Credited Interest and in accordance with an equitable manner approved by the Company.
Sample 1

Related to Net Investment Income

  • Investment Income to pay to itself income and gain realized on the investment of funds deposited in the Certificate Account (including any A/B Loan Custodial Accounts and Serviced Companion Mortgage Loan Custodial Accounts);

  • Consolidated Net Income The consolidated net income of the Borrowers after deduction of all expenses, taxes, and other proper charges, determined in accordance with GAAP.

  • Interest Income Prior to the Company’s consummation of a Business Combination or the Company’s liquidation, interest earned on the Trust Account may be released to the Company from the Trust Account in accordance with the terms of the Trust Agreement to pay any taxes incurred by the Company and up to $100,000 for liquidation expenses, all as more fully described in the Prospectus (as defined below).

  • Minimum Net Income The Borrower will maintain, during each period described below, its Net Income, determined as at the end of each quarter, at an amount not less than the amount set forth opposite such period (numbers appearing between “( )” are negative): Period Minimum Net Income Six months ending June 30, 2002 ($1,049,000) Nine months ending Sept. 30, 2002 ($665,000) Twelve months ending Dec. 31, 2002 ($600,000) "

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • Determination of Net Asset Value, Net Income and Distributions Subject to applicable federal law including the 1940 Act and Section 3.6 hereof, the Trustees, in their sole discretion, may prescribe (and delegate to any officer of the Trust or any other Person or Persons the right and obligation to prescribe) such bases and time (including any methodology or plan) for determining the per Share or net asset value of the Shares of the Trust or any Series or Class or net income attributable to the Shares of the Trust or any Series or Class, or the declaration and payment of dividends and distributions on the Shares of the Trust or any Series or Class and the method of determining the Shareholders to whom dividends and distributions are payable, as they may deem necessary or desirable. Without limiting the generality of the foregoing, but subject to applicable federal law including the 1940 Act, any dividend or distribution may be paid in cash and/or securities or other property, and the composition of any such distribution shall be determined by the Trustees (or by any officer of the Trust or any other Person or Persons to whom such authority has been delegated by the Trustees) and may be different among Shareholders including differences among Shareholders of the same Series or Class.

  • Net Income After giving effect to the special allocations set forth in Section 6.1(d), Net Income for each taxable year and all items of income, gain, loss and deduction taken into account in computing Net Income for such taxable year shall be allocated as follows:

  • Status and Investment Intent (a) Status of the Purchaser. The Purchaser is either (i) an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act or (ii) not a “U.S. person” within the meaning of Regulation S under the Securities Act.

  • Net Asset Value The net asset value of each outstanding Share of the Trust shall be determined at such time or times on such days as the Trustees may determine, in accordance with the 1940 Act. The method of determination of net asset value shall be determined by the Trustees and shall be as set forth in the Prospectus or as may otherwise be determined by the Trustees. The power and duty to make the net asset value calculations may be delegated by the Trustees and shall be as generally set forth in the Prospectus or as may otherwise be determined by the Trustees.

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