Income percentage in this section means two percent, the base
Income percentage in this section means two percent, multiplied
Income percentage in this section means two percent, multiplied by the education income tax spending adjustment under subdivision 5401(13)(B) of this title for the property tax year which begins in the claim year for the municipality in which the homestead residence is located.
Examples of Income percentage in a sentence
The Certification Letter shall specify the Very Low Income percentage for each individual project and shall be included in the fee waiver application prior to acceptance thereof.
The LWDB is committed to integrated program alignment and the seamless services policies adopted by the Workforce Arizona Council.
These requirements articulated in the Act spell out expectations that greater transparency, coordination, and collaboration must occur in each local area.The Workforce Arizona Council (WAC) serves as the Oversight and Policy Council for the State of Arizona.
The Workforce Arizona Council envisions a job-driven public workforce development system in Arizona that focuses equally on the employment needs of job seekers and employers’ needs for skilled labor with industry-recognized credentials to meet their current and future demand for labor.
Income percentage (carry to four decimal places) =(see instructions on page 10)25.
More Definitions of Income percentage
Income percentage means the Percentage of Profit and Loss that is derived from any source by Company.
Income percentage in this section means two percent, the base income percentage adopted by the General Assembly for the fiscal year, plus the base income percentage multiplied by the education income property tax spending adjustment under subdivision 5401(13)(B)(A) of this title for the property tax year which that begins in the claim year for the municipality in which the homestead residence is located.
Income percentage means, in relation to a parent of a quali- fying child, that parent’s percentage of the combined child sup- port income amounts of all the child’s parents, as determined under section 31
Income percentage means the base income percentage adopted by the
Income percentage. The Income Percentage is the rate we apply to the Income Base to determine the Annual Income Amount. The Initial Income Percentages are shown in the Contract Schedule. The Initial Income Percentage applicable to your Initial Account Value Contribution is based on the age of the Annuitant, or the younger of the Annuitants, on the Contract Date. During the Pre-Income Stage, the Income Percentage will equal the Initial Income Percentage applicable to the Initial Account Value Contribution unless/until one of the following occurs as discussed further below: • The Income Percentage is increased by the Income Deferral Rate; or • You make an Additional Account Value Contribution. You may change the Co-Annuitant in the Pre-Income Stage, subject to the requirements set forth in the Contract Designations sections of this Contract. If the Co-Annuitant has been added, changed, or removed, we recalculate the Annual Income Amount using the applicable Income Percentage(s) and Income Deferral Rate as described herein based on the age of the named Annuitant or younger of the Annutants on the Contract Date and in the Additional Account Value Contributions section below based on the age of the named Annuitant or younger of the Annuitants as of the effective date of each such addition, change, or removal. Income Deferral Rate: The Income Deferral Rate, expressed in the Contract Schedule as an annualized percentage, is applied on each Valuation Day to the Income Percentage during the Pre-Income Stage. The Income Deferral Rate is based on the attained age of the Annuitant, or the younger of the Annuitants, on the Contract Date and each Contract Date anniversary thereafter and is shown in the Contract Schedule. Impact of Additional Account Value Contribution(s): You may make Additional Account Value Contributions, subject to the “Additional Account Value Contribution(s) Limitation” section. For each Additional Account Value Contribution, the Income Base is increased by the dollar amount of the Additional Account Value Contribution on the Valuation Day on which the Additional Account Value Contribution is acknowledged by the Company. When Additional Account Value Contributions are applied to the Account, the Income Percentage will be recalculated. The recalculated Income Percentage is determined by using a weighted average. The components of the weighted average are: A) The Income Base immediately before an Additional Account Value Contribution is effective. B) The Income Percent...
Income percentage. The rate applied to the Income Base to determine the Annual Income Amount. The Income Percentage in the Income Stage is equal to the Income Percentage at the end of the Pre-Income Stage unless you made Additional Account Value Contributions as described herein. The Income Deferral Rate no longer accrues in the Income Stage. Impact of Income Withdrawals on the Income Base and Annual Income Amount: Income Withdrawals less than or equal to the Annual Income Amount and any Unused Annual Income Amount do not reduce the Income Base. Income Withdrawals reduce the Annual Income Amount or Unused Annual Income Amount by the amount of the Income Withdrawal. Unused Annual Income Amount: Any portion of the Annual Income Amount not withdrawn in a Contract Year will be carried over to allow for Income Withdrawals above the Annual Income Amount in future Contract Years until the Annuity Date. Any Unused Annual Income Amount for a Contract Year will fluctuate in value based on the change in Income Base from the prior Contract anniversary excluding any increase to the Income Base from Additional Account Value Contributions. Fees do not reduce the Unused Annual Income Amount available for Withdrawal for the Contract Year in which the fee is deducted from the Account. In any Contract Year where Unused Annual Income Amount is available, Income Withdrawals will be taken first from the current Contract Year’s Annual Income Amount and then from any Unused Annual Income Amount unless you request otherwise. INSURED
Income percentage as used in this Lease, shall be deemed to be 11% with respect to Gross Income in excess of $5,000,000.00 per annum but not more than $7,000,000.00 per annum with respect to any Percentage Rent Year, and 9% with respect to Gross Income in excess of $7,000,000.00 per annum with respect to any Percentage Rent Year. Notwithstanding the foregoing, and regardless of the amount of Gross Income for any Percentage Rent Year, the Tenant shall pay a minimum percentage rent, as shown on the following schedule for each Percentage Rent Year, commencing with 1996 and running through 2000: PERCENTAGE RENT YEAR MINIMUM PERCENTAGE RENT -------------------- ----------------------- 1996 $220,000.00 + 216,000 1997 265,000.00 + 220,000 1998 310,000.00 + 225,000 1999 355,000.00 + 230,000 2000 400,000.00 + 234,000