Aggregate Net Profit definition

Aggregate Net Profit means, as calculated from time to time, the excess (if any) of the aggregate Net Profit for the then current and all previous Accounting Periods over the aggregate Net Loss for the then current and all previous Accounting Periods, taking into account adjustments under Section 7.5(b).
Aggregate Net Profit means the aggregate Net Profit of Party A for the period commencing on the Effective Date and continuing through the date on which Aggregate Net Profit is calculated.
Aggregate Net Profit means the aggregate profit of the Holder and all of Holder’s predecessors-in-interests, before taxation and expenses, attributable to the (i) exercise or partial exercise of this Warrant (which shall, in each case, be equal to the difference between (a) the Fair Market Value Per Share multiplied by the Aggregate Number and (b) the Aggregate Exercise Price); provided, that, for purposes of calculating the “Aggregate Net Profit” upon any exercise of this Warrant, the Aggregate Number of Warrant Shares issued in connection therewith shall be deemed to have been sold for their Fair Market Value Per Share on the date of exercise, and (ii) the aggregate amount of principal payments received thereby in connection with the Principal Interest, from the date hereof through and including such date of calculation.

Examples of Aggregate Net Profit in a sentence

  • Nonrecourse Deductions for any Fiscal Year or other fiscal period shall be allocated: (i) first, among the Partners up to an amount equal to the sum of the Aggregate Net Profit Allocations for all of the Partners in proportion to their respective Aggregate Net Profit Allocations, and (ii) thereafter, among the Partners in proportion to their Percentage Interests.

  • Bonus payment If the 2016-2017 Aggregate Net Profit is equal to or greater than HK$29,313,996, DSE and the Target agree that the Seller shall be entitled to 7% of the 2016-2017 Aggregate Net Profit as a bonus provided that no bonus payment shall be payable by the Target if the payment of such bonus will reduce the 2016-2017 Aggregate Net Profit to being less than HK$29,313,996.

  • In consideration for its right to receive the Aggregate Net Profit of Party A as provided in Section 2, Party B will reimburse to Party A the full amount of any Net Losses incurred by Party A during the Term of this Agreement.

  • The aggregate fees charged by Party B for Services performed pursuant to Work Orders may not exceed the Aggregate Net Profit of Party A.

  • If DSE has received the 2016 Refund and the 2016-2017 Aggregate Net Profit exceeds HK$23,451,196, DSE shall return an amount (“ Seller Cash Refund”) which equals to the 2016 Refund to the Seller in cash within 10 Business Days of its receipt of the 2017 Accounts from the Seller.

  • The ‘likeness’ criterion is therefore essential in establishing whether the forms on non-discrimination that have been incorporated in the GATS are infringed.

  • Subject to the Aggregate Net Profit of CITIC Logistics exceeding HK$180,000,000, the Additional Convertible Notes will be issued in accordance with the formula as set out above subject to a maximum of HK$450,000,000.

  • Notwithstanding anything to the contrary set forth in this Warrant, if after giving effect to the exercise of this Warrant (or at any time thereafter), the Aggregate Net Profit shall be equal to $45,000,000.00, then the Holder hereby agrees that neither the Holder nor any of its successors-in-interests shall be entitled to receive additional principal payments in connection with the Principal Interest.

  • Aggregate Net Profit or Loss from lines 2, 3 & 4 (If net loss, enter none) 5.$6.

  • Amount Payable byFormula for calculating the profit shortfall compensation mentioned aboveThe First Seller(Guaranteed Net Profit – Aggregate Net Profit) x 36%The Second Seller(Guaranteed Net Profit – Aggregate Net Profit) x 9% REASONS AND BENEFITS FOR THE ACQUISITION The business of the Target Company aligns with that of the Company.


More Definitions of Aggregate Net Profit

Aggregate Net Profit means the consolidated net profit after tax of the Company for any financial year, as shown in the audited consolidated financial statements of the Company for such financial year. For any financial year in which the FLM Entities are not consolidated in the consolidated financial statements of the Company on the first day of such financial year, the reference to the audited consolidated financial statements of the Company for such financial year shall be deemed to be a reference to such audited consolidated financial statements after giving pro forma effect to the FLM Entities as if the FLM Entities had been consolidated in the audited consolidated financial statements of the Company as at the first day of such financial year and excluding any Minority Interests;

Related to Aggregate Net Profit

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Net Profit means such profit as is calculated in accordance with paragraph 61;

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;

  • Aggregate Expense Rate With respect to any Mortgage Loan, the applicable Servicing Fee Rate and, with respect to any LPMI Mortgage Loan, the interest premium charged by the mortgagee to obtain or maintain any Primary Mortgage Insurance Policy.

  • Gross Profits means the gross profits calculated under section 4;

  • Cumulative Net Loss Ratio means, as of any Payment Date, the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of Receivables that became Defaulted Receivables plus all the Cram Down Losses (without duplication) which occurred during the period from the Cut-Off Date through the end of the related Collection Period reduced by the amount of Liquidation Proceeds with respect to Defaulted Receivables received during such period which are applied to principal of the Defaulted Receivables to (ii) the Pool Balance as of the Cut-Off Date.

  • Cumulative Net Income means, in respect of any Performance Period, the aggregate cumulative amount of the Adjusted Net Income for the calendar or other fiscal years of the Company during such Performance Period.

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Aggregate Remaining Net Positive Adjustments means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Aggregate Excess Funding Amount of a Non-Funding Lender shall be the aggregate amount of all unpaid obligations owing by such Lender to Agent and other Lenders under the Loan Documents, including such Lender’s Ratable Share of Loans.

  • Total Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Units (vested or unvested) then owned by such Partner by the number of Units then owned by all Partners.

  • percentage ratios has the meaning ascribed to it under the Listing Rules;

  • Net Positive Adjustments means, with respect to any Partner, the excess, if any, of the total positive adjustments over the total negative adjustments made to the Capital Account of such Partner pursuant to Book-Up Events and Book-Down Events.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Total Profit means the aggregate amount (before taxes) of the following: (i) the amount received by Grantee pursuant to Issuer's repurchase of the Option (or any portion thereof) pursuant to Section 7, (ii) (x) the amount received by Grantee pursuant to Issuer's repurchase of Option Shares pursuant to Section 7, less (y) the Grantee's purchase price for such Option Shares, (iii) (x) the net cash amounts received by Grantee pursuant to the sale of Option Shares (or any other securities into which such Option Shares are converted or exchanged) to any unaffiliated party, less (y) the Grantee's purchase price of such Option Shares, (iv) any amounts received by Grantee on the transfer of the Option (or any portion thereof) to any unaffiliated party, and (v) any amount equivalent to the foregoing with respect to the Substitute Option.

  • Net Losses means, for each fiscal year or other period, an amount equal to the Partnership's taxable income or loss for such year or period determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Notional Total Profit with respect to any number of shares as to which Grantee may propose to exercise this Option shall be the Total Profit determined as of the date of such proposed exercise assuming that this Option were exercised on such date for such number of shares and assuming that such shares, together with all other Option Shares held by Grantee and its affiliates as of such date, were sold for cash at the closing market price for the Common Stock as of the close of business on the preceding trading day (less customary brokerage commissions).