Interest Income definition

Interest Income means interest earned on the Funding;
Interest Income means interest earned on Funding that has been provided subject to recovery; Mandate Letter has the meaning ascribed to it in the Memorandum of Understanding and means a letter from the Ministry to the Funder establishing priorities in accordance with the Premier of Ontario’s mandate letter to the Ministry.
Interest Income means, with respect to any period for any Person, interest actually received by such Person during such period.

Examples of Interest Income in a sentence

  • The Funder may deduct the amount equal to the Interest Income from any further funding instalments under this or any other agreement with the HSP or the Funder may require the HSP to pay an amount equal to the unused Interest Income to the Ministry of Finance.


More Definitions of Interest Income

Interest Income means, for the U.S. Borrower and its Subsidiaries on a Consolidated basis for any period, total interest income for such period on a Consolidated basis in conformity with GAAP.
Interest Income means, for any period, interest income of the Parent and the Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.
Interest Income means, for any particular period, the amount which would, in accordance with generally accepted accounting principles, be classified on the consolidated income statement of the Borrower for such period as interest accrued due to the Borrower (in each case other than such interest accruing due from any Company) during such period whether or not paid.
Interest Income means the consolidated interest income of the Company and its Subsidiaries, as reflected in the audited consolidated financial statements of the Company and its Subsidiaries for the applicable calendar year.
Interest Income means, with reference to any period, the sum of all interest revenues of the Borrower and its Subsidiaries for such period determined in accordance with GAAP.
Interest Income means interest income as reflected in the audited financial statements of the Company for the applicable calendar year.
Interest Income means, with respect to any Purchased Asset at any time, all interest, dividends or other distributions thereon.