Income threshold definition

Income threshold means a combined disposable income equal
Income threshold means a fixed dollar amount that is the
Income threshold means, with respect to any CFC Holdco or CFC, as applicable, an amount to be mutually agreed. “subsidiary(ies)” has the meaning assigned to such term in the Pre-Petition Credit Agreement.

Examples of Income threshold in a sentence

  • We will call any period when you are entitled to Low Income Forbearance a “Verified Income Forbearance Period”; any calendar year during which your Income was Verified to be less than that year’s Income Threshold a “Verified Low Income Year”; and a Verified Low Income Year during which you are entitled to Debt Forgiveness in accordance with § 23 Verified Forgiveness Year.

  • However, if we are unable to determine that your Income for an examined period is below the Income Threshold, or we determine that your Income for the examined period of time was above the Income Threshold, then you will have a “Failed Income Exam”.

  • You may qualify for Low Income Forbearance in a month when your Income for that month is less than or equal to that year’s Income Threshold divided by twelve (12).

  • During any Verified Forgiveness Year, you agree to notify us promptly when your Income meets or exceeds the Income Threshold.

  • If we determine later that your Income during a Verified Forgiveness Year actually met or exceeded the Income Threshold in contravention of statements you made to us, then you will have a “Failed Income Forgiveness.” Upon a Failed Income Forgiveness, you will be in breach of this Agreement, and you will not be entitled to Low Income Debt Forgiveness and will immediately owe any ‘forgiven’ payments for the year of the Failed Income Forbearance.


More Definitions of Income threshold

Income threshold means: (a) For taxes levied for collection
Income threshold means: (a) For taxes levied for collection in calendar years prior to 2020, a combined disposable income equal to forty-five thousand dollars; and (b) for taxes levied for collection in calendar year 2020 and thereafter, a combined disposable income equal to the greater of the income threshold for the previous year, or seventy-five percent of the county median household income, adjusted every five years beginning August 1, 2019, as provided in RCW 84.36.385(8). Beginning with the adjustment made by March 1, 2024, as provided in RCW 84.36.385(8), and every second adjustment thereafter, if the income threshold in a county is not adjusted based on percentage of county median income as provided in this subsection, then the income threshold must be adjusted based on the growth of the consumer price index for all urban consumers (CPI-U) for the prior twelve-month period as published by the United States bureau of labor statistics. In no case may the adjustment be greater than one percent. The adjusted threshold must be rounded to the nearest one dollar. If the income threshold adjustment is negative, the income threshold for the prior year continues to apply.
Income threshold means 250% of the federal poverty
Income threshold means a fixed dollar amount that, if a
Income threshold means a gross household income of no more than 80 percent of the median household income in the City of Courtenay. Income as defined by and based on data published in the most recent Census of Canada, or if such data is not currently published, by the Province of British Columbia, or if such data is not currently published, by the CMHC, from time to time. In the absence of obvious error or mistake, the City’s calculation of the income of an Income Tested Tenant in any particular year shall be final and conclusive. The City may, but is not obliged to tolerate a deviation from the Income Threshold, up to a maximum of ten percent (10%) of the gross household income to create a buffer for existing Tenants who may otherwise lose their housing;
Income threshold means the product of (i) the number of Units sold to the Underwriters upon exercise of the Underwriters’ over-allotment option, and (ii) $0.20. (If the Underwriters’ over-allotment option is not exercised, the Income Threshold shall be zero.)
Income threshold. ’ means the assessment of a patient according to the actual income of a person as determined by Statistics South Africa. In regulation 2 by the insertion after the definition of ‘‘immunisation tariff’’ of the following definition: