Deferred Income definition

Deferred Income means the amount of income that any of the Originators or Borrower has deferred, for accounting purposes, pending the sale of Mortgage Loans, in accordance with Statement of Financial Accounting Standards Number 91 (“SFAS 91”) and Statement of Financial Accounting Standards Number 122 (“SFAS 122”), each as currently published by the Financial Accounting Standards Board.

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Deferred Income means any elective or non-elective deferred compensation credited to a Participant’s Account under this Plan. A Participant’s Deferred Income may consist of some or all of the following amounts:

Deferred Income means all payments received by the Group Companies before the Completion Date relating to a service to be provided by that Company on or after the Completion Date including any Current Guest Deposits and Health Club Membership Fees;

Examples of Deferred Income in a sentence

• Contractor is not entitled to membership in any City Pension Fund, Group Medical Insurance Program, Group Dental Program, Group Vision Care, Group Life Insurance Program, Deferred Income Program, vacation, sick leave, extended sick leave, or any other benefits ordinarily provided to individuals employed and paid through the regular payrolls of the City.

• The term "Deferred Income Taxes" shall mean the deferred tax assets and liabilities required to be recorded under GAAP to reflect the tax effect of temporary differences between the financial statements carrying values and the tax bases of assets and liabilities.

• Depreciation Expenses, Depreciation Reserve, and Deferred Income Taxes reflected in the revenue requirements determined pursuant to this Formula shall be computed using either fixed depreciation rates or depreciation rates determined annually from fixed mortality characteristics (i.e., service lives, net salvage ratios, etc.).

• Key Executives (the "SERP"), the 1994 Long-Term Incentive Plan, the Key Executive Program (including the Deferred Income Plan, the Supplemental Benefits Plan (the "SBP") and the Survivor Benefit Plan), group term life insurance plan, comprehensive health, major medical, vision and dental insurance plans and short-term and long-term disability plans.

• Notwithstanding the foregoing, Net Income or Net Loss that would result if any asset distributed to a Partner in respect of Deferred Income Allocations had been sold for cash equal to its fair market value at the time of the distribution shall be allocated pursuant to the foregoing sentence solely to the Original Deferral Partners receiving the distribution of such asset.

More Definitions of Deferred Income

Deferred Income means any Compensation the receipt of which is deferred under this Plan.

Deferred Income means, for any period for which it is being calculated, "deferred income" as it is reported in the Financial Report in respect of such period.

Deferred Income means the deferred income in respect of the Business comprising the total payments made to the Vendor prior to the Completion Date by clients and customers for maintenance, support and other services to be provided in relation to the Business after the Completion Date, the benefit of the cash amount of such deferred income remaining with the Vendor and the responsibility for the provision of such services passing to the Purchaser, such responsibility being hereinafter referred to as the "Deferred Income Liability";

Deferred Income means all income that is deferred in accordance with Section 2, together with all interest equivalents accrued thereon and on previously-credited interest equivalents pursuant to Section 3, but not including any amounts converted to a Deferred Stock Award pursuant to Section 2.

Deferred Income means chat portion up to five percent (5%) of the Participant's annualized 19__ Compensation which the Participant elects to defer in accordance with the Application for Participation.

Deferred Income means we expect you to have an income and when you do indeed have it you will pay some of it to Sanral.

Deferred Income means any Compensation the receipt of which is deferred under this Plan. "Automatic Deferred Income" means amounts in excess of 100% of a Participant's annual incentive compensation target. "Elective Deferred Income" means amounts elected by the Participant to be deferred under this Plan. "Discretionary Deferred Income" means additional contributions made at Textron's discretion to any account maintained for a Participant under this Plan.