Adjusted BCF definition
Adjusted BCF means, for any period, the consolidated net income (or net deficit) of the Business (after eliminating all extraordinary or non-recurring items of income or loss), as reflected in the financial statements for such period, plus
Adjusted BCF means for any month Actual Net Revenue less Budgeted Expense plus Budgeted Other Income.
Examples of Adjusted BCF in a sentence
Sellers shall have delivered to Buyer a calculation of the Adjusted BCF for the twelve month period ending on the last day of the calendar month immediately preceding the month in which the Closing is to occur, which calculation shall be certified by the Chief Financial Officer of Parent.