Base Gross Profit definition
Base Gross Profit shall have the meaning set forth in Section 1.1 of the Purchaser Disclosure Letter.
Base Gross Profit means, as to each of the Company Locations, the gross revenues or fees or accrued by the Company pursuant to the terms of the applicable parking contract, including (but not limited to) lease agreements and management contracts, less all operating expenses accrued in connection with the operation of each of the Company's locations. The calculation of Base Gross Profit shall be computed before any deductions or allocation for depreciation or amortization, but shall include all other profit centers, such as uniforms and supplies, allocable to a Company Location.
Base Gross Profit means $39,500,000.
Examples of Base Gross Profit in a sentence
For the purpose of the first Base Gross Profit, the amount for Fiscal Year 1994 was $________________ .
Base Gross Profit, as defined by the Employer's auditors, is Net Revenue less all direct costs of the production of the revenue, of the accounts assigned to Major Account Group of the Company.