Annual Pre-Tax Income definition

Annual Pre-Tax Income means the “earnings (loss) before provision for income taxes” of the Bank for each Fiscal Year determined in accordance with generally accepted accounting principles, as adjusted for unusual and/or non-recurring items as determined at the discretion of the Board. “Earnings (loss) before provision for income taxes” of the Bank is the amount reported in the schedules to the consolidated financial statements of Franklin MHC and subsidiaries, as audited by the independent auditors for Franklin MHC.
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Examples of Annual Pre-Tax Income in a sentence

  • For each fiscal year, "Annual Pre-Tax Income" shall be the "Income Before Provision for Income Taxes and Extraordinary Items" as set forth in the Company's audited Consolidated Statement of Operations.

  • The action or condition of the licensee or certificate holder has not caused injury to anyperson INDIVIDUAL while the licensee is practicing registered nursing or licensed practical nursing or the certificate holder is working as AN ADVANCED PRACTICE REGISTERED NURSE OR a nursing assistant.

  • Assume a Participant who is a not an Executive Officer Participant receives a Performance Award of $25,000 at the target level and that, as of the end of the Performance Period, Delta ranks number four (4) in Cumulative Revenue Growth (resulting in a payout at 75% of the weighted target under that measure) and number three (3) in Average Annual Pre-Tax Income Margin (resulting in a payout at 100% of the weighted target under that measure).

  • Annual Pre-Tax Income (C$Millions) $175 $165 $335 $340 $375 $406 $400 $434 Canada Direct Lendin loan portfolio - between 6-36 months Heights Outlook 2022 2023 $275 million $303 Million Revenue2 $55 million $76 Million Adj.

  • The Relative Financial Performance measure will be measured based on the comparison of Delta’s Annual Pre-Tax Income Margin for the 2017 calendar year relative to the Composite Performance of the members of the Industry Composite Group for the 2017 calendar year (as such capitalized terms are defined below).

  • No employee should be subjected to any form of unlawful discrimi- nation or harassment by management, supervisors, co-workers or those who have business dealings with the Plymouth County Sher- iff’s Department.

  • The Relative Financial Performance measure will be measured based on the comparison of Delta’s Annual Pre-Tax Income Margin for the 2019 calendar year relative to the Composite Performance of the members of the Industry Composite Group for the 2019 calendar year (as such capitalized terms are defined below).

  • A pregnant woman is counted as two family members. Annual Pre-Tax Income.

  • The Relative Financial Performance measure will be measured based on the comparison of Delta’s Annual Pre-Tax Income Margin for the 2018 calendar year relative to the Composite Performance of the members of the Industry Composite Group for the 2018 calendar year (as such capitalized terms are defined below).

Related to Annual Pre-Tax Income

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Base Tax Year means the property tax levy year used

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends after the Closing Date.

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Consolidated Tax Expense means, for any period, the tax expense of Borrower and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Book-Tax Disparity means with respect to any item of Contributed Property or Adjusted Property, as of the date of any determination, the difference between the Carrying Value of such Contributed Property or Adjusted Property and the adjusted basis thereof for federal income tax purposes as of such date. A Partner’s share of the Partnership’s Book-Tax Disparities in all of its Contributed Property and Adjusted Property will be reflected by the difference between such Partner’s Capital Account balance as maintained pursuant to Section 5.5 and the hypothetical balance of such Partner’s Capital Account computed as if it had been maintained strictly in accordance with federal income tax accounting principles.

  • Available Tax Increment means the Gross Tax Increment received by the City from Hennepin County during the period preceding each semi-annual Payment Date, less (i) the amount of tax increment, if any, which the City must pay to the school district, the county and the state pursuant to Minnesota Statutes, Sections 469.177, Subds. 9 and 11; 469.176, Subd. 4h; and 469.175, Subd. 1a, as the same may be amended from time to time, (ii) actual administrative costs of the City in an amount not to exceed 10% of Gross Tax Increment.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Property tax increment means the amount obtained by:

  • Base Taxes means the Taxes payable for the Base Tax Year.

  • Taxable Wage Base means, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • 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.