Prepaid Income definition

Prepaid Income shall have the meaning set forth in Section 2.2(a).
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Prepaid Income means, as of a Closing Date, all amounts with respect to RMR Accounts which have been or will be collected by Seller from Customers for RMR or RMC for which the service period begins on or after July 1, 1999.
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Examples of Prepaid Income in a sentence

  • Subject to the other provisions herein contained, the Accrued Expenses, Prepaid Expenses, Accrued Income and Prepaid Income shall be apportioned (on the basis of a 365 day year) to Sellers with respect to the Pre-Closing Period and the Buyer with respect to the Post-Closing Period.

  • Deferred taxes and tax credits f.1) Taxes – Prepaid Income and Social Contribution Taxes For the Accounts and Sub-Accounts of taxes which will be adjusted to the Selic rate, the book values represent Market Values and are already recorded at Real Present Value.

  • In making such calculation, the Independent Accountant shall consider only those amounts in the Sellers’ calculation of the Accrued Expenses, Prepaid Expenses, Accrued Income and Prepaid Income as to which Buyer has disagreed.

  • Specific accounts for which the treatment has not yet been determined are as follows: a/c 190 Prepaid Income Taxes a/c 255 Accumulated Deferred Income Taxes a/c 282 Deferred Income Taxes ATCLLC will file to establish depreciation rates for the transmission facilities in a filing under Section 205 of the Federal Power Act.

  • Prepaid Income" shall mean, as of a Closing Date, all amounts with respect to RMR Accounts which have been or will be collected by Seller from Customers for RMR or RMC for which the service period begins on or after July 1, 1999.

  • XxXxx Xxxxxxxxxx, Xxxxx 000 Xxxxxx XX, 00000 $ 823,211.79 Prepaid Income Taxes 0000 X.

  • Specific Accounts for which the treatment has not yet been determined are as follows: a/c 190 Prepaid Income Taxes a/c 255 Accumulated Deferred Income Taxes a/c 282 Deferred Income Taxes The costs associated with the start-up of Transco are expected to be significant.

  • The Buyer and the Participating Warrantors shall be entitled to agree the Year One Normalised Prepaid Income in accordance with the provisions of paragraph 6.

  • Any Prepaid Income shall be the property of SAFE and the amount of Prepaid Income shall be deducted from the Purchase Price.

  • Any Prepaid Income for which the invoice date is June 1, 1999 or after and for which the service date begins on July 1, 1999 will not be deducted from the purchase price, but only if the Prepaid Income has been deposited in the Escrow Account pursuant to Section 2.8 and is delivered to SAFE on the Closing Date.

Related to Prepaid Income

  • Accrued income means the sum of:

  • Prepaid Installment With respect to any Mortgage Loan, any installment of principal thereof and interest thereon received prior to the scheduled due date for such installment, intended by the Mortgagor as an early payment thereof and not as a Prepayment with respect to such Mortgage Loan.

  • Unpaid Interest means, on any Distribution Date with respect to any Class of Interests or Certificates (other than the Residual Certificates), the portion of Distributable Certificate Interest for such Class remaining unpaid as of the close of business on the preceding Distribution Date, plus one month's interest thereon at the applicable Pass-Through Rate.

  • Unearned income means any income which is not earned income and includes supplemental security income (SSI) and other funds available to a child residing in a foster care placement.

  • Prepaid Expenses has the meaning set forth in Section 1.2(f).

  • Interest Income means interest earned on the Funding;

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • Other Income means money received by a licensed manager from sources other than over the counter and machine sales.

  • Earned Income means the same as that term is defined in § 32(c) of the Internal Revenue Code. The

  • Unpaid Interest Amounts As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • Prepayment Interest Excess As to any Principal Prepayment received by the Master Servicer from the first day through the fifteenth day of any calendar month (other than the calendar month in which the Cut-off Date occurs), all amounts paid by the related Mortgagor in respect of interest on such Principal Prepayment. All Prepayment Interest Excess shall be paid to the Master Servicer as additional master servicing compensation.

  • Prepayment Interest Excess Amount With respect to any Principal Prepayment in full which is applied to the related Mortgage Loan from the first day of the month of any Remittance Date through the sixteenth day of the month of such Remittance Date, all amounts paid in respect of interest on such Principal Prepayment in full. A Prepayment Interest Excess Amount cannot result from a Principal Prepayment in part, but only from a Principal Prepayment in full.

  • Unpaid Interest Amount As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • REO Income all REO Income received from the Special Servicer;

  • Class Unpaid Interest Amounts As to any Distribution Date and Class of interest bearing Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Class Optimal Interest Distribution Amount.

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Advance Interest means the interest accrued on any Servicing Advance which is payable to the party that made that Servicing Advance, in accordance with the Lead Securitization Servicing Agreement.

  • Default Rate Interest is defined in Section 3.1(b)(ix) of this Agreement.

  • Unpaid Interest Shortfalls Each of the Class A Unpaid Interest Shortfalls, the Class B-1 Unpaid Interest Shortfall, the Class B-2 Unpaid Interest Shortfall, the Class B-3 Unpaid Interest Shortfall, the Class B-4 Unpaid Interest Shortfall, the Class B-5 Unpaid Interest Shortfall and the Class B-6 Unpaid Interest Shortfall.

  • Class Unpaid Interest Shortfall As to any Distribution Date and each interest-bearing Class, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount of interest actually distributed on such Class on such prior Distribution Dates pursuant to clause (ii) of the definition of "Interest Distribution Amount."

  • Carryforward Interest For any Class of Certificates and any Distribution Date, the sum of (1) the amount, if any, by which (x) the sum of (A) Current Interest for such Class for the immediately preceding Distribution Date and (B) any unpaid Carryforward Interest from previous Distribution Dates exceeds (y) the amount paid in respect of interest on such Class on such immediately preceding Distribution Date, and (2) interest on such amount for the related Interest Accrual Period at the applicable Pass-Through Rate.

  • Unpaid Realized Loss Amount With respect to any Class A Certificates and as to any Distribution Date, is the excess of Applied Realized Loss Amounts with respect to such Class over the sum of all distributions in reduction of the Applied Realized Loss Amounts on all previous Distribution Dates. Any amounts distributed to the Class A Certificates in respect of any Unpaid Realized Loss Amount shall not be applied to reduce the Certificate Principal Balance of such Class.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.