Approximated Earnings definition

Approximated Earnings means, (a) to the extent that the Closing occurs prior to November 1, 2006, an amount of approximated earnings on the 50%
Approximated Earnings means, (a) to the extent that the Closing occurs prior to November 1, 2006, an amount of approximated earnings on the 50% CCE Interest equal to an interest factor on the Purchase Price of six percent (6%) per annum calculated on the basis of a 365 or 366 day year (as the case may be) from the Closing Date up to and including October 31, 2006 or (b) to the extent that the Closing has not occurred prior to November 1, 2006, an amount of approximated earnings on the 50% CCE Interest equal to an interest factor on the Purchase Price of six percent (6%) per annum calculated on the basis of a 365 or 366 day year (as the case may be) from November 1, 2006 up to but not including the Closing Date. The Approximated Earnings shall be allocated to each Seller in the same proportions as set forth opposite such Seller’s name under the heading “Purchased Interests” on Exhibit A hereto.

Related to Approximated Earnings

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.