Credit income definition

Credit income means income from claims of any Class, whether or not secured by a mortgage and whether or not they incorporate a benefit-sharing clause of the debtor, and, in particular, returns on public securities and yields of bonds and debentures, including premiums and premiums linked to such securities, Bonds or bonds.

Examples of Credit income in a sentence

  • I/We understand that my/our eligibility for housing will be based on Rural Development, Section 8 or Tax Credit income limits and by the properties selection criteria.

  • If you are required to submit evidence of your Tax Credit income it is important that a copy of this evidence is attached to your online application.

  • Common $0.00001 500,000,000.000 PIMCO Dynamic Credit income Fund Common $0.00001 Unlimited FEE SCHEDULE American Stock Transfer & Trust Company, LLC (AST) will provide the below listed funds with complete transfer agent and registrar services.

  • A low-income unit qualifies for the Tax Credit when the following conditions are met:▪ The tenant’s income may not exceed applicable Tax Credit income limits.

  • Credit income and other encompasses the revenue earned from the agreement with Synchrony associated with our private label credit card and co-branded MasterCard programs.

  • Credit income from securities maintained in a Securities System or in an Approved Book-Entry System for Commercial Paper at the time funds become available to the Custodian; in the case of securities maintained in The Depository Trust Company funds shall be deemed available to the Fund not later than the opening of business on the first business day after receipt of such funds by the Custodian.

  • Employment & Support Allowance (income related), Universal Credit (income below £625 per month), housing benefit and council tax rebate.

  • Earned Income Tax Credit income limits and maximum credit amounts.

  • A low-income unit qualifies for the Tax Credit when the following conditions are met: The tenant’s income may not exceed applicable Tax Credit income limits.

  • The Anti Fraud and Corruption Checklist Action Plan sets out tasks for the production of clear, written instructions and procedures for all staff on: -⮚ Cash collection/ handling duties⮚ Credit income duties⮚ Order for work, goods and services⮚ Creditor payments⮚ Cheque dispatch procedures⮚ Petty Cash⮚ Banking duties⮚ Payroll processing The financial procedure notes are in place and are being updated.

Related to Credit income

  • Investment Income means dividends, capital gains, or interest income generated from:

  • Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

  • Interest Income means interest earned on the Funding;

  • Exempt income means all of the following:

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Per capita income means the average for the most recent three years for

  • Trust Income has the meaning set forth in the Trust Agreement.

  • Moderate income means more than 50 percent but less than 80

  • Credit information means information about you, including your name, age, date of birth, occupation, place of residence, previous places of residence, occupancy length, marital status, co-occupant’s/spouse’s/same-sex partner’s name and age, number of dependants, particulars of education or professional qualifications, field of employment, places of employment, previous places of employment, employment durations, estimated income, paying habits, outstanding debt obligations, cost of living obligations, involvement in bankruptcy proceedings or landlord and tenant disputes, assets, and banking information (including account and credit card information).

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • Consolidated Interest Income means, for any period, the interest income of the Consolidated Group for such period, determined on a consolidated basis in accordance with GAAP.

  • National Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);

  • Credit hour means 50 minutes of classroom instruction in

  • Other Income means money received by a licensed manager from sources other than over the counter and machine sales.

  • Unpaid income tax means income tax due but not paid by the date the income tax is required to be paid under applicable law.

  • Area Median Income means the most recent applicable county median family income published by the California Tax Credit Allocation Committee.

  • Program Income means gross in- come earned by the recipient that is di- rectly generated by a supported activ- ity or earned as a result of the award (see exclusions in § 215.24(e) and (h)). Program income includes, but is not limited to, income from fees for serv- ices performed, the use or rental of real or personal property acquired under federally-funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Interest earned on advances of Federal funds is not program income. Except as other- wise provided in Federal awarding agency regulations or the terms and conditions of the award, program in- come does not include the receipt of principal on loans, rebates, credits, dis- counts, etc., or interest earned on any of them.

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • Equal Credit Opportunity Act means the Equal Credit Opportunity Act, as amended.

  • Federal credit means the Low Income Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.

  • Moderate income housing means housing affordable,

  • Administration Fee Rate The sum of (i) the Servicing Fee Rate, (ii) the Master Servicing Fee Rate and (iii) the Credit Risk Management Fee Rate.

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Financial Instruments Accounts Act means the Swedish Financial Instruments Accounts Act (lag (1998:1479) om kontoföring av finansiella instrument).

  • Letter of Credit Related Person has the meaning specified therefor in Section 2.11(f) of the Agreement.

  • Federal credit union means a credit union chartered under the Federal Credit Union Act.