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Actual income definition

Actual income means income from any source.
Actual income means income already received in the initial month plus all the income that reasonably may be expected to be received within the initial month.
Actual income means a parent's gross earnings and income from any source, including those sources listed in section (4), except as provided in section (5).

Examples of Actual income in a sentence

  • The markets noted with Actual income policy will be credited income when it is received.

  • Actual income information is used to evaluate the accuracy of an income projection.

  • Actual income received is used when calculating a budget for a past benefit month.

  • Where the family has net family assets in excess of five thousand dollars ($5,000) the PHA will use the greater of:  Actual income from all net family assets, or Imputed asset income, which is the cash value of listed assets multiplied by HUD-determined local passbook interest rate.

  • OPERATING BUDGET 2009/10 Budget Return 16 Actual income and not levied income should be shown.17 Should match with what is gazetted or written confirmation if not gazetted.


More Definitions of Actual income

Actual income as set forth in Section 4(e) is hereby amended to add the following phrase at the end thereof: “provided, further, that any accounting credits or charges associated with any interest rate swap derivatives shall be excluded from Actual Income;”
Actual income means the annual operating income of the Contractor [and/or without double counting the Leisure Operator] in relation to the [Facility/ Facilities] [(and excluding any actual Excluded Items (Income)] where the Actual Leisure Management Amount is a deficit figure)], generated through the provision of the Benchmarked Services in relation to the [Facility/ Facilities] after adding back in any monies not received by the Contractor [and/or without double counting the Leisure Operator] due to any fraudulent or criminal act or omission and the amount of loss of operating income due to Non-Rectified Performance Failures as defined in and referred to in Schedule 6 (Payment and Performance Monitoring System);
Actual income means the annual operating income of the Contractor in relation to the [Facility/ Facilities] (without double counting and excluding any actual Excluded Items (Income) where the Actual Leisure Management Amount is a deficit figure), generated through the provision of the Benchmarked Services in relation to the [Facility/ Facilities] after adding back in any monies not received by the Contractor due to any fraudulent or criminal act or omission or due to any breach of this Agreement by the Contractor (for the avoidance of doubt, and without limitation to include loss of operating income due to Performance Failure as calculated by reference to Schedule 6 (Payment and Performance Monitoring System));
Actual income means the annual operating income of the Contractor in relation to the [Facility/ Facilities] (without double counting and excluding any management fee payable to the Contractor), generated through the provision of the Services in relation to the [Facility/ Facilities];
Actual income means the aggregate amount of gross income, including all payments, in whatever form, in the nature of compensation (including, without limitation, guaranteed payments or distributive shares of income from a partnership (determined on the basis of book income where book income differs from taxable income), salary, bonus, profit-sharing and fringe benefits (excluding firm and department retreats and parties, malpractice insurance and other insurance benefits provided to all employees of the same class, reimbursement or payment of parking, meal and other similar workrelated expenses, reimbursable expenses or payment for equipment, tools and supplies, cafeteria plans funded by Executive and seminar fees)) to which Executive is entitled from his employment with any person or entity during a Payment Period (including, without limitation, any taxes and other amounts withheld with respect to the foregoing).
Actual income means the net income on the consolidated financial statements of the TIS Entities for such Measurement Period calculated in conformity with GAAP, applied on a basis consistent with the accounting principles used in the preparation of the PW Audited Financial Statements except that such calculation shall take into account that the TIS Entities are taxed under Subchapter C of the Code, plus (i) the amount of income Taxes (whether paid or deferred) of the TIS Entities which was deducted in determining net income, (ii) the amount of fees and expenses payable (including, without limitation, fees and expenses payable pursuant to Section 8) by the Corporation in connection with the negotiation and preparation of the Documents and the documentation relating thereto which was deducted in determining net income, and (iii) the Option Cashout Amount and inputed interest, if any, on the Notes to the extent that such amounts were deducted in determining net income.
Actual income shall be "Income (loss) before income taxes,