Net Interest Income definition

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.

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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

The payment of all such expenses and indemnification shall be made before any distributions are made from Net Interest Income, Net Residual Proceeds or Liquidation Proceeds.
In lieu of requiring return of such distributions from BUC Holders, the General Partner may withhold future distributions of Net Interest Income, Net Residual Proceeds or Liquidation Proceeds until the amount so withheld equals the amount of the distributions the Initial Limited Partner is required to repay or return regardless of whether the BUC Holders entitled to receive such distribution were the same BUC Holders who actually received the distribution required to be returned.
Each holder of Partnership Interests and BUCs shall look solely to the assets of the Partnership for all distributions with respect to the Partnership, his Capital Contributions and his share of Net Interest Income, Net Residual Proceeds and Liquidation Proceeds and, except as provided in Section 3.01(b), shall have no recourse therefor, upon dissolution or otherwise, against the General Partner or the Initial Limited Partner.
However, any Incapacitated General Partner which becomes a Limited Partner pursuant to this paragraph (c) shall not have the right to participate in the management of the affairs of the Partnership or to vote on any matter requiring the Consent of the Limited Partners and shall not be entitled to any portion of the Income, Loss, Net Interest Income, Net Residual Proceeds or Liquidation Proceeds payable to the class comprised of Limited Partners and BUC Holders.
Net Interest Income at Rs. 1,580 Crore increased by 14% YoY reflecting widening of spread • The Gross Stage 3 showed steady recovery from 12.7% in September to 11.3% in December, thereby releasing Rs. 437 Crore from the Stage 3 provisions • With increased economic activity and collection efforts being strong, Overheads to Average Assets were at 2.85% during the quarter • As of December quarter end, the Company carried a total liquidity buffer of over Rs. 11,000 Crore.

More Definitions of Net Interest Income

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 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 eighteen months 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. Net interest income decreased from $4.5 million for the year ended June 30, 1997 to $4.1 million for the year ended June 30, 1998, a decrease of $475,000 or 10.5%. An increase in interest expense of $1.0 million was partially offset by an increase in interest income of $525,000.

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.