Net Interest Income means, for any period, with respect to the Loan Parties, the sum of (i) all Cash interest income and Cash fees received on all Portfolio Investments owned directly by such Loan Parties during such period, plus (ii) all Cash dividends or similar distributions actually received by a Loan Party from a Financing Subsidiary during such period that are attributable to interest income or fees on Portfolio Investments (i.e., not constituting a return of capital) owned by such Financing Subsidiary, less (iii) Cash interest expense incurred by the Loan Parties during such period with respect to any Indebtedness of such Loan Parties.
Net Interest Income means interest income less interest expense;
Net Interest Income means the gross interest income that has been or should be recognized by SCUSA under GAAP in connection with the Retail Financing less the interest expense directly related to the funding made available in respect of the interest earning assets, calculated based on [***] An illustrative calculation of Net Interest Income is set forth on Schedule 1.01(tt) to this Agreement.
Examples of Net Interest Income in a sentence
Annualized Net Interest Income / Average Interest Earnings Assets.
Annualized Net Interest Income adjusted by Loan Loss Provisions / Average Interest Earnings Assets.
Bank has put in place prudential limits for probable reduction in Net Interest Income (NII) for buckets below one year due to adverse change in interest rates.
This includes the completion of stress testing on at least a quarterly basis of the impact of an immediate and sustained shift in interest rates of +/- 200 basis points on Net Interest Income, Economic Value of Equity and the ratio between Tangible Total Equity and Average Tangible Assets.
The short term/immediate impact of changes in interest rates are on the Company’s Net Interest Income (NII).
More Definitions of Net Interest Income
Net Interest Income means, with respect to any Distribution Period, all Interest Income received by the Partnership during such Distribution Period, plus any amounts previously set aside as Reserves from Interest Income which the General Partner releases from Reserves as being no longer necessary to hold as part of Reserves, less (i) expenses of the Partnership (including fees and reimbursements paid to the General Partner but excluding any expenses of the Partnership which are directly attributable to the sale of a Mortgage Investment or Tax Exempt Investment) paid from Interest Income during the Distribution Period (other than operating expenses paid from previously established Reserves), (ii) all cash payments made from Interest Income during such Distribution Period to discharge Partnership indebtedness, and (iii) all amounts from Interest Income set aside as Reserves or used to acquire additional Mortgage Investments or Tax Exempt Investments during such Distribution Period. Net Interest Income will consist of Net Interest Income (Tier 1), Net Interest Income (Tier 2) and Net Interest Income (Tier 3).
Net Interest Income means interest income less interest expense and adjusted for realized gains and losses from the sale of investments.
Net Interest Income means (i) for the fiscal year ending December 31, 2004, 16 basis points per loan, and (ii) for all subsequent fiscal years, an amount determined in good faith by the Chief Executive Officer.
Net Interest Income means, with respect to any Distribution Period, all Interest Income received by the Partnership during such Distribution Period, plus any amounts previously set aside as Reserves from Interest Income which the General Partner releases from Reserves as being no longer necessary to hold as part of Reserves, less (i) expenses of the Partnership (including fees and reimbursements paid to the General Partner but excluding any expenses of the Partnership which are directly attributable to the sale of a Mortgage Investment, Tax Exempt Investment, or Other Investment) paid from Interest Income during the Distribution Period (other than operating expenses paid from previously established Reserves), (ii) all cash payments made from Interest Income during such Distribution Period to discharge Partnership indebtedness, and (iii) all amounts from Interest Income set aside as Reserves or used to acquire additional Mortgage Investments, Tax Exempt Investments, or Other Investments during such Distribution Period. Net Interest Income will consist of Net Interest Income (Tier 1), Net Interest Income (Tier 2) and Net Interest Income (Tier 3). During each Distribution Period the additions and deductions from Interest Income set forth above shall be first applied against Net Interest Income (Tier 1).
Net Interest Income means the interest earned and received net of management fees, performance fees and cost of borrowing and miscellaneous other investment expenses, on investments in the Non-Investment Grade Portfolio during the Relevant Period.
Net Interest Income. Net interest income increased by $340,000 to $7.7 million for the twelve months ended December 31, 2001 from $7.3 million for last year. The increase in net interest income was the result of a 4 basis point increase in the net interest margin to 2.04% for the year ended December 31, 2001 from 2.00% in 2000. The interest rate spread increased by 24 basis points to 2.59% in 2001 from 2.35% in 2000.
Net Interest Income. Net interest income declined by $561,000 to $7.3 million for the year ended December 31, 2000 from $7.9 million for 1999. The decrease in net interest income was the result of a 53 basis point decline in the net interest margin to 2.00% for the year ended December 31, 2000 from 2.53% in 1999. The interest rate spread decreased by 19 basis points to 2.35% in 2000 from 2.54% in 1999.