Consolidated Net Income (Net Loss) means, for any period, the net income (or net loss) of the Company and its Subsidiaries on a consolidated basis for such period determined in accordance with Generally Accepted Accounting Principles applied on a consistent basis.
Consolidated Net Income (Net Loss) means, for any period, the net income (or net loss) of the Company and its Subsidiaries on a consolidated basis for such period, determined in accordance with GAAP; provided that there shall be excluded therefrom the income (or deficit) of any Person (other than a Subsidiary that would be included in the consolidated financial statements of the Company and its Subsidiaries in accordance with GAAP) in which the Company or any of its Subsidiaries has an ownership interest (e.g., a joint venture), except to the extent that any such income has been actually received by the Company or any of its Subsidiaries in the form of dividends or similar distributions (and whether in cash, securities or other property).
Consolidated Net Income (Net Loss) means, for any period, the net income (or net loss) of the Company and its Subsidiaries on a consolidated basis for such period determined in accordance with Generally Accepted Accounting Principles applied on a consistent basis; provided that there shall be excluded therefrom the income (or deficit) of any Person (other than a Subsidiary that would be included in the consolidated financial statements of the Company and its Subsidiaries in accordance with Generally Accepted Accounting Principles) in which the Company or any of its Subsidiaries has an ownership interest (e.g. a joint venture), except to the extent that any such income has been actually received by the Company or any of its Subsidiaries in the form of dividends or similar distributions.
Examples of Consolidated Net Income (Net Loss) in a sentence
For purposes of clarification, the maximum amount of clause (d) items that may be included in the calculation Consolidated EBITDA shall be equal to: X minus X ---- .75 where "X" equals Consolidated EBITDA calculated without adding to Consolidated Net Income (Net Loss) amounts described in clause (d) above.
The Credit Agreement, which was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K dated April 22, 2004, limits the aggregate payment for repurchases of the Company's shares to $20 million plus 25% of the cumulative Consolidated Net Income (Net Loss) (as defined in the Credit Agreement) since January 1, 2004.
More Definitions of Consolidated Net Income (Net Loss)
Consolidated Net Income (Net Loss) means the amount of net income (loss) of the Borrower and its consolidated Subsidiaries determined in accordance with GAAP, excluding (a) any net income (loss) of a Subsidiary for any period during which it was not a consolidated Subsidiary, or (b) any net income (loss) of any businesses, properties, or assets acquired or disposed of (by way of merger, consolidation, purchase, sale or otherwise) by Borrower or any consolidated Subsidiary for any period prior to the acquisition thereof or subsequent to the disposition thereof.
Consolidated Net Income (Net Loss) means, for any period, the net after-tax income (or net loss) of the Company and its Subsidiaries on a consolidated basis determined in accordance with generally accepted accounting principles consistent with those followed in preparation of the financial statements referred to in paragraph 3(e), excluding (i) extraordinary gains and losses (including the annual charges to earnings required by FASB 106 in connection with the recognition of post-retirement benefits), and (ii) any equity interest of the Company in the unremitted earnings of any corporation which is not a Subsidiary.
Consolidated Net Income (Net Loss) means, for any period, the net income (or net loss) of the Company and its Subsidiaries on a consolidated basis for such period, determined in accordance with GAAP; provided that there shall be excluded therefrom the income (or deficit) of any Person (other than a Subsidiary that would be included in the consolidated financial statements of the Company and its Subsidiaries in
Consolidated Net Income (Net Loss) means, for any period, the net income (or net loss) of the Borrower and its Subsidiaries on a consolidated basis for such period, determined in accordance with GAAP; provided that there shall be excluded therefrom the income (or deficit) of any Person (other than a Subsidiary that would be included in the consolidated financial statements of the Borrower and its Subsidiaries in accordance with GAAP) in which the Borrower or any of its Subsidiaries has an ownership interest (e.g., a joint venture), except to the extent that any such income has been actually received by the Borrower or any of its Subsidiaries in the form of dividends or similar distributions (and whether in cash, securities or other property).
Consolidated Net Income (Net Loss) means, for any period, the net after-tax income (or net loss) of the Company and its Subsidiaries on a consolidated basis in accordance with GAAP.
Consolidated Net Income (Net Loss) means the amount of net income (loss) of the Company and its Subsidiaries determined in accordance with generally accepted accounting principles; PROVIDED, HOWEVER, that there shall not be included in Consolidated Net Income (1) any net income (loss) of a Subsidiary for any period during which it was not a Consolidated Subsidiary or (2) any net income (loss) of businesses, properties or assets acquired or disposed of (by way of merger, consolidation, purchase, sale or otherwise) by the Company or any Subsidiary for any period prior to the acquisition thereof or subsequent to the disposition thereof.
Consolidated Net Income (Net Loss) means, for any period, the net after-tax income (or net loss) of the Company and its Subsidiaries determined on a consolidated basis.