Current earnings definition

Current earnings means earnings received by an obligor from any source:
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Current earnings means the participant’s earnings in the most recent complete annual earnings period, provided the partic- ipant was a participating employee for the full annual earnings period. If the participant was not a participating employee throughout the most recently ended annual earnings period, “cur- rent earnings” means the product of the participant’s hourly pay rate on the date of application, multiplied by the number of hours the participant would reasonably be expected to be employed as a participating employee during the current annual earnings period, assuming that the participant would continue to be employed for the remainder of the current annual earnings period.
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Current earnings means the participant’s earnings in the most recent complete annual earnings period provided the partici- pant was a participating employee for the full annual earnings period, or the product of the participant’s hourly pay rate on the date of application multiplied by the number of hours the partici- pant is expected to be employed as a participating employee dur- ing a full annual earnings period.
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Examples of Current earnings in a sentence

  • Current earnings and profits take into account only earnings and losses of the current tax year and do not take into account any surplus or deficit in earnings and profits from prior tax years.

  • Current earnings must be certified by the contractor on the SF 171, (see paragraph 6(b)(3) of this appendix).

  • It will take into account a number of factors in determining the level of financial support which can be offered, including: • Current earnings.

  • Current earnings to the end of the year have exceeded the budget by 21%.

  • Current earnings before interest, tax, depreciation and amortisation (“EBITDA”) generated by the property is divided by the primary capitalisation rate (the investor's required rate of return).

  • Current earnings are charged with an allowance for doubtful accounts based on management’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable.

  • Ashley, Participation by the Poor in Luang Prabang Tourism Economy: Current earnings and opportunities for expansion, ODI WP273, 2006 (available online, at www.odi.org.uk/publications/ working_papers/wp273.pdf).

  • Current earnings include any wage or salary you earn for work performed while Disability Benefits are payable.

  • Current earnings by AGC continue to be determined, as they have been since the generating facility commenced operation in 1985, in accordance with a Federal Energy Regulatory Commission ("FERC") approved cost of service formula.

  • Each On Call line lists the Hours worked eligible for on call pay, the established on call Pay Rate, and Current earnings amount for the pay week.


More Definitions of Current earnings

Current earnings means, at any particular time, the sum of the Participant's then current monthly Earnings plus 1/12th of the Participant's last MICP Award or MICP target incentive amount (as defined in MICP), whichever is greater.
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Current earnings in relation to any week means –
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Current earnings means Your Monthly Earnings for the month for which a Disability benefit is being claimed.
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Current earnings means for any Profit Sharing Period (i) with respect to a Profit Sharing Unit, the total of all Business Unit Increments for Business Units and all Project Increments for Projects within that Profit Sharing Unit for that Profit Sharing Period, and (ii) with respect to a Project, the total of all Project Increments for that Project for that Profit Sharing Period.
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Current earnings means revenues less operating expenses before all insurance assessments or corporate stabilization expenses.
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Related to Current earnings

  • Investment Earnings means, with respect to any Payment Date, the investment earnings (net of losses and investment expenses) on amounts on deposit in the Trust Accounts to be deposited into the Collection Account on such Payment Date pursuant to Section 5.01(b) of the Sale and Servicing Agreement.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Ordinary time earnings means the salary, wage or other remuneration regularly received by the employee in respect of the time worked in ordinary hours and shall include shift work penalties, payments which are made for the purpose of District or Location Allowances or any other rate paid for all purposes of the award to which the employee is entitled for ordinary hours of work. Provided that "ordinary time earnings" shall not include any payment which is for vehicle allowances, fares or travelling time allowances (including payments made for travelling related to distant work), commission or bonus.