Net Cash Income shall have the meaning assigned in paragraph 2 of Appendix- D.

Net Cash Income means (a) cash received by the Company from subsidiaries and equity method investments (determined on an unconsolidated basis in accordance with GAAP) which is derived from income generated from ongoing, recurring business activities minus (b) the aggregate amount of operating losses of such subsidiaries and equity method investees (excluding any losses relating to such subsidiaries’ and equity method investees’ investment activities); provided that the amount of operating losses included in clause (b) above shall not exceed the amount of cash paid by the Company to such subsidiaries and equity method investees during the relevant period of determination. For the avoidance of doubt, Net Cash Income from subsidiaries and equity method investments that exist on the Effective Date will be derived from cash received or paid by the Company consisting of its share of (i) net income of KKR Financial LLC and (ii) net loss of KKR Capital Markets Holdings L.P. For cash received from future subsidiaries and equity method investments to qualify as Net Cash Income, such cash must be derived from the ongoing, recurring business activities of such entities.

Net Cash Income of the Contractor from their Petroleum Operations in any particular Year is the aggregate value for the Year of the following: (i) Cost Petroleum entitlement of the Contractor as provided in Article 15; (ii) Profit Petroleum entitlement of the Contractor as provided in Article 16; (iii) the Contractor’s all incidental income (of the type specified in section 3.4 of the Accounting Procedure) arising from Petroleum Operations; (iv) the Contractor’s Production Costs and royalty payments (Article 17) incurred on or in the Contract Area;

Examples of Net Cash Income in a sentence

Again, to be 6 Net Cash Income per farm is reported by the NASS and does not exactly equal income minus expenses.
Average Modified Cash Return on Equity ("AMCROE") shall be defined as the average, for each of the four years in the Award Period, of the Company's Net Cash Income divided by the average Modified Tangible Equity.
USDA ERS outlined fourteen factors affecting demand for farm machinery: Agriculture Exports, Cash Receipts, Debt-Asset Ratio, Equity, Farm Business Debt, Farm Machinery Loan Rate, Idled Acres, Interest Expenses, Net Cash Income, Net Farm Income, Non-real Estate Assets, Real Estate Assets, Real Prime Rate and Total Production Expenses (USDA, Agriculture Handbook No. 705 (AH705) December 1994).
No distribution is required under this Section 6.1.4, and whether or not a distribution is made under this Section 6.1.4 with regard to the annual Net Cash Income of any one year shall have no bearing as to whether a distribution is made under this Section 6.1.4 with regard to the annual Net Cash Income of any other year.
In making their estimates of Net Cash Income, the Trustees shall not incur any liability and shall be indemnified as set forth in this Trust Agreement in acting in good faith in relying upon the estimates of such Net Cash Income made by their financial advisors and money managers, whether the distributions resulting therefrom are an under distribution or over distribution of actual Net Cash Income.

More Definitions of Net Cash Income

Net Cash Income shall have the meaning attributed to it in the Petroleum Resources Agreement;

Net Cash Income means Lajaunie’s net income after he pays all income taxes and shall not include any items that may be income for tax purposes but do not constitute the receipt by Lajaunie of cash, such as forgiveness of debt or pass-through income from entities, and shall not include any income from this Debtor. Net Cash Income shall be reduced by any loss carry forwards from prior years, such as capital losses.

Net Cash Income means for any period, Net Income or (Net Loss) of the Borrower for such period, plus Depreciation and Amortization all determined in conformity with GAAP on a basis consistent with the latest financial statements of the Borrower.

Net Cash Income means, for the fiscal year of the Borrower, Net Cash After Operations less Financing Costs.

Net Cash Income means the Cash Income remaining after payment of all necessary and proper expenses of administration, but before the payment of any item properly allocated to Principal (including without limitation any taxes, such as income, real estate, or excise taxes), calculated on a cash accounting basis.

Net Cash Income means, for any period, Effective Gross Income less Cash Expenses.

Net Cash Income means Borrower's Net Profit for the four (4) preceding full fiscal quarters of Borrower, plus the amount of any depreciation and other non-cash items deducted to determine such Net Profit in accordance with GAAP, less the amount of any dividends and distributions paid by Borrower to any Person during such period.