GOP Margin definition
GOP Margin means GOP expressed as a percentage of Total Revenue; and
GOP Margin means, in respect of any Fiscal Year, the ratio of the total amount of Gross Operating Profit for such Fiscal Year to the total amount of Gross Receipts for such Fiscal Year, expressed as a percentage.
Examples of GOP Margin in a sentence
Pro-ration of Management Fees In the event of any casualty or taking under the power of eminent domain which does not result in the termination of this Agreement, the Parties shall mutually agree on an equitable adjustment to the Performance GOP Test and, if applicable, the GOP Margin Threshold.