Retained Income definition

Retained Income means income retained in the Fund after distributing not less than 90% of the Fund’s annual net profits, not including profits resulting from the sale of the real estate assets and other investments;
Sample 1Sample 2Sample 3
Retained Income. Means income retained to add to the Nominal Value of the Endowment or Endowment- Like Fund
Sample 1
Retained Income means the sum to be deducted and retained by the Contractor out of the Contract Sum as specified on the Subcontractor Project Confirmation. Unless some other time period is expressly stated as to the frequency with which the Retained Income shall be deducted and retained by the Contractor this shall happen weekly.
Sample 1

Examples of Retained Income in a sentence

  • Payments made pursuant to this paragraph shall be deemed made first out of Account Retained Income.

  • All prior credits to the Prior Account shall be deemed to be credits made under this Agreement, all "Account Retained Income" thereunder shall be deemed to be Account Retained Income under this Agreement and all increases or decreases to the Prior Account as a result of income, gains, losses and other changes shall be deemed to have been made under this Agreement.

  • In determining the tax benefit to the Company under clause (iii) above, the Company shall be deemed to have made the payments under clause (ii) above with respect to the same taxable years and in the same proportions as payments of Account Retained Income were actually made from the Trust Account.

  • If a transfer to the Deferred Plan has been made pursuant to Section A.6 hereof, payments made to the Executive from the Deferred Plan (a) shall be deemed made first from the amounts transferred to the Deferred Plan pursuant to Section A.6 and (b) shall be deemed made first out of Account Retained Income.

  • Adjustments to the valuation of assets or liabilities generated by the application of IFRS have meant the determination of new temporary differences that were recorded against the Retained Income account in Equity.

  • The extent, if any, by which the Trust Account, valued as provided in the immediately preceding sentence, exceeds the aggregate amount of credits to the Trust Account pursuant to Sections 3.3, 3.4 and 3.5 of the Agreement as of each Valuation Date and not theretofore distributed or deemed distributed pursuant to this Section A.6 is herein called "Account Retained Income".

  • The Fund intends to fund the acquisition and operating costs through its Capital, Shariah-compliant financing as well as Retained Income from Fund investments.

  • The Fund seeks to maximize the Fund’s investment value by: (a) the reinvestment of Retained Income back into real estate assets after distributing not less than 90% of its annual profits, not including capital gains from selling real estate assets and other investments to Unitholders, (b) the potential capital appreciation from long term yields and (c) repositioning of the under-utilized properties when needed.

  • For these purposes, this shall be done by deducting from its assets and Retained Income all the items mentioned in the paragraph above.

  • All prior credits to the Prior Account shall be deemed to be credits made under this Agreement, all "Account Retained Income" thereunder shall be deemed to be Account Retained Income under this Agreement and all increases or decreases to the Prior Account as a result of income, gains, losses and other charges shall be deemed to have been made under this Agreement.

Related to Retained Income

  • 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.

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

  • Retained Interest The meaning set forth in the Trust Agreement.

  • Combined Interest has the meaning assigned to such term in Section 11.3(a).

  • Earned Interest means the interest and other income actually received or credited on the investment of the Escrowed Funds between the date hereof and the earlier to occur of the Acquisition Closing Date and the Termination Date.

  • Retained Interest Holder Not applicable.

  • Retained Interest Rate Not applicable.

  • Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.

  • Nonbusiness income means all income other than business income.

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

  • Retained Asset Sale Proceeds shall have the meaning provided in Section 10.4.

  • Accrued income means the sum of:

  • Retained Earnings means the retained earnings of an FHLBank calculated pursuant to GAAP.

  • Transfer expenses means all expenses of a transfer that the transfer agreement requires the payee to pay or have deducted from the gross advance amount, including, but not limited to, court filing fees, attorney fees, escrow fees, lien recordation fees, judgment and lien search fees, finders' fees, commissions, and other payments to a broker or other intermediary. Transfer expenses do not include preexisting obligations of the payee that are payable for the payee's account from the proceeds of a transfer.

  • business interest ’ means —

  • Retained Assets has the meaning set forth in Section 2.2.

  • Tuition Fees means a sum specified in the Offer Letter, payable by the Student to cover tuition, access to College facilities, enrolment procedures and orientation meetings, use of Information Technology facilities, exam sitting and a Kaplan award on successful completion of the Programme; and

  • Retained asset account means any mechanism whereby the settlement of proceeds payable under a policy or contract is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account with check or draft writing privileges, where those proceeds are retained by the insurer or its agent, pursuant to a supplementary contract not involving annuity benefits other than death benefits.

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

  • Gross estate means the gross estate, for federal estate tax purposes.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • accrued is used in its accounting sense, i.e., an amount paid is no longer accrued. In the calculation of amounts of things, differences and sums may generally result in negative numbers, but when the calculation of the excess of one thing over another results in zero or a negative number, the calculation is disregarded and an "excess" does not exist. Portions of things may be expressed as fractions or percentages interchangeably.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Disposition Fee shall have the meaning set forth in Section 8.03.

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

  • Intangible income means income of any of the following types: income yield, interest, capital gains, dividends, or other income arising from the ownership, sale, exchange, or other disposition of intangible property including, but not limited to, investments, deposits, money, or credits as those terms are defined in Chapter 5701. of the Ohio Revised Code, and patents, copyrights, trademarks, trade names, investments in real estate investment trusts, investments in regulated investment companies, and appreciation on deferred compensation. "Intangible income" does not include prizes, awards, or other income associated with any lottery winnings, gambling winnings, or other similar games of chance.