Total Net Income definition

Total Net Income means, in respect of a Sub-Fund, the aggregate investment income of such Sub-Fund, including dividends, interests, realised capital gains, any proceeds or revenues generated by investments of that Sub-Fund, net of fees, expenses, taxes or charges of whichever nature incurred by that Sub-Fund, which is available for distribution in accordance with laws and regulations of Luxembourg. For the avoidance of doubt, “total net income” cannot include net unrealised gains."
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Total Net Income means any and all fees, income, or compensation of any kind collected, received, or charged by the licensee or person holding a claim of exemption, or by an affiliate of the licensee or person holding a claim of exemption. "Total net income" includes but is not limited to origination fees, broker fees, lender fees and discount points if retained by the originating licensee or person as income, processing fees, administrative fees, document preparation fees, yield spread premiums, servicing release premiums, and financial counseling fees. "Total net income" does not
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Total Net Income with respect to any Accounting Period shall be the excess, if any, of the aggregate amount of Net Income during such Accounting Period and for all prior periods over the aggregate amount of Net Loss during such Accounting Period and for all prior periods. To the extent required by context, Total Net Income shall be determined on a Series-by-Series basis.
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Examples of Total Net Income in a sentence

  • C.) A bonus of 2% of the Total Net Income of Infotopia and all its subsidiaries net income before taxes will be awarded each quarter to the executive.

  • C.) A bonus of 1% of the Total Net Income of Infotopia and all its subsidiaries net income before taxes will be awarded each quarter to the executive.

  • The first $500,000 of Total Net Income Before Taxes would be prorated equally over the four calendar quarters of each fiscal year.

  • Tenant represents and warrants that Tenant shall reinvest in KMC and the KMC Service Area 100% of Tenant’s trailing three year average of Total Net Income.

  • The parties acknowledge and agree that Tenant’s required investment will be evaluated on a rolling, multi- year basis and that in any given year it may be less than or greater than the actual then current trailing three year average of Total Net Income.

  • Such budget and accompanying materials shall clearly set out the prior year’s Total Net Income and the budget year’s plan for financial reinvestment.

  • For avoidance of doubt, Total Net Income shall be calculated on a cumulative basis beginning on the first day of the Measurement Period (as defined in Section 2.4), and any losses incurred during the Measurement Period (before the date that cumulative Total Net Income has exceeded $275,000) shall be deducted from Total Net Income.

  • The parties further acknowledge that Tenant’s ability fund Joint Repair Items is directly related to available cash flow from Tenant’s trailing three-year average Total Net Income.

  • If Total Net Income calculated on a cumulative basis does not exceed $275,000 by the end of the Measurement Period, the Closing Shares shall be released from the Escrow Fund to Parent.

  • Except as otherwise provided in Section 3.5, if, at the end of an Accounting Period, Total Net Income exists for a particular Series, then Net Income or Net Loss of the Partnership for such Accounting Period for such Series, as applicable, shall be allocated among all Partners with Interests in such Series based upon their respective Commitment Percentages in such Series (taking into account any adjustments necessary to the extent a Partner may have been a Defaulting Partner).


More Definitions of Total Net Income

Total Net Income means Buyer’s total net income for the Measurement Period. Total Net Income shall be determined in accordance with GAAP, but shall exclude all non-cash charges, including, without limitation, depreciation, amortization and accounting charges, and charges relating to equity compensation.
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Total Net Income is defined in Section 2.4(b)(v).
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Related to Total Net Income

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • Adjusted Net Income ’ means net income adjusted for non-cash expenses (income) such as amortization of intangible assets, deferred income taxes, and certain other expenses (income). The Company believes that Adjusted net income is useful supplemental information as it provides an indication of the results generated by the Company’s main business activities prior to taking into consideration amortization of intangible assets, deferred income taxes, and certain other non-cash expenses (income) incurred or recognized by the Company from time to time. ‘‘Adjusted net income margin’’ refers to the percentage that Adjusted net income for any period represents as a portion of total revenue for that period.

  • Net Income means, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends.

  • Consolidated Net Income (Loss) of any Person means, for any period, the Consolidated net income (or loss) of such Person and its Subsidiaries for such period on a Consolidated basis as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income (or loss), by excluding, without duplication, (i) all extraordinary gains or losses (exclusive of all fees and expenses relating thereto), (ii) the portion of net income (or loss) of such Person and its Subsidiaries on a Consolidated basis allocable to minority interests in unconsolidated Persons to the extent that cash dividends or distributions have not actually been received by such Person or one of its Subsidiaries, (iii) net income (or loss) of any Person combined with such Person or any of its Subsidiaries on a “pooling of interests” basis attributable to any period prior to the date of combination, (iv) any gain or loss, net of taxes, realized upon the termination of any employee pension benefit plan, (v) net gains (or losses) (except for all fees and expenses relating thereto) in respect of dispositions of assets other than in the ordinary course of business, (vi) the net income of any Subsidiary to the extent that the declaration of dividends or similar distributions by that Subsidiary of that income is not at the time permitted, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary or its stockholders, (vii) any gain arising from the acquisition of any securities, or the extinguishment, under GAAP, of any Indebtedness of such Person, (viii) transaction costs charged in connection with the Refinancing, or (ix) amortization of intangible assets of such Person and its Subsidiaries on a consolidated basis under GAAP.

  • Adjusted Consolidated Net Income means, for any period, Consolidated Net Income for such period plus the sum of the amount of all net non-cash charges (including, without limitation, depreciation, amortization, deferred tax expense and non-cash interest expense) and net non-cash losses which were included in arriving at Consolidated Net Income for such period, less the amount of all net non-cash gains and non-cash credits which were included in arriving at Consolidated Net Income for such period.