Company Gross Profit definition

Company Gross Profit means the gross profit (total income less cost of goods sold) of the Company determined consistent with historical practices of the Company and the most recent Company Income Statements.
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Company Gross Profit means the “Gross Profit” attributable to the products and services of the Company, calculated in accordance with GAAP in a manner consistent with the calculation reflected in the Financial Statements (as total revenue less cost of goods sold). For purposes of clarification, the Company Gross Profit for the first eight fiscal months of 2011 shown on the income statement in the Most Recent Financial Statements is $5,134,000.
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Company Gross Profit means the resulting amount of (i) the sales of the Company minus (ii) those cost of goods sold expenses historically classified as such by Company and as set forth as those accounts and line items listed in Exhibit E, attached hereto; provided, however, that Company Gross Profit for Year 1 Earnout Period shall be reduced by the Final Work in Process Amount.
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Examples of Company Gross Profit in a sentence

  • If the Company Gross Profit for a particular Calculation Period does not exceed $1,964,678, no Earnout Payment shall be due for such Calculation Period.


More Definitions of Company Gross Profit

Company Gross Profit means the amount, if any, by which the Company Net Revenue exceeds the Company Cost of Goods Sold for the Earn-out Measurement Period.
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Company Gross Profit means, with respect to any Calculation Period, the gross revenues of the Companies less costs of revenues, determined in accordance with GAAP. In no event shall costs of revenues include overhead and other expenses of the Buyer and any Affiliates (other than the Companies) that are allocated to the Companies and that were not expenses of the Companies prior to Closing.
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Related to Company Gross Profit

  • EPS means earnings per share.

  • Business Unit means the assets constituting the business or a division or operating unit thereof of any Person.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • Net Sales means [***].

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Active business operations means all business operations that are not inactive business operations.