Gross Profit Target definition

Gross Profit Target shall be defined by the Board in the LTIP (as determined by the Board based on the Board approved financial plan for each fiscal year commencing with fiscal year 2022).
Sample 1Sample 2
Gross Profit Target means GBP 6,962,322. “Gross Profit Threshold” means GBP 5,569,858. “GBP” means British Pound Sterling.
Sample 1
Gross Profit Target means CHF 13,378,298. “Gross Profit Threshold” means CHF 10,702,638.
Sample 1

Examples of Gross Profit Target in a sentence

  • This means that the achievement of each of the Total Revenue Target, Gross Profit Target and Operating Expense Target shall not result in the payment of a bonus relating to such Corporate Target exceeding 12% of the Quarterly Individual Bonus Target in any quarter.

  • The Set Gross Profit Target shall be established by Xxxxxxxx annually in its sole discretion, and shall be for [***]% for fiscal year 2007.

  • Gekko will record revenue at (x) the sum of Direct Costs and Indirect Costs divided by (y) one minus the Set Gross Profit Target.

  • Judicial discomfort with the prospect of such controversy has undoubtedly influenced the way section 1 has been interpreted and applied.99The same commentator also suggests that some judges may dispose of Charter rights arguments at the definitional stage to avoid entering the political sphere surrounding ‘justified limitations’ considerations.100Many consider that if the judiciary is to have this enhanced role, then the system of appointing and educating judges must also be reviewed.

  • If, for any Earn-Out Period, the Business achieves Adjusted Gross Profit equal to or greater than 70%, but less than 80%, of the applicable Adjusted Gross Profit Target, then Canadian AcqCo will pay Holdco an amount of cash equal to 2.5% of the Adjusted Gross Profit of the Business for such Earn-Out Period.


More Definitions of Gross Profit Target

Gross Profit Target means the amount set forth in clause “(nn)” of Schedule 1.1.
Sample 1
Gross Profit Target means GBP 6,962,322.
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Gross Profit Target has the meaning specified in Section ‎3.9(a).
Sample 1
Gross Profit Target shall be defined by the Board in the LTIP per Exhibit C.
Sample 1
Gross Profit Target means, with respect to each Earn-Out Period, $2,150,000.
Sample 1
Gross Profit Target means CHF 13,378,298.
Sample 1
Gross Profit Target means the FY25 Gross Profit Target, the FY26 Gross Profit Target or the FY27 Gross Profit Target, as applicable; “Maximum Deferred Payment” means the FY25 Maximum Deferred Payment, the FY26 Maximum Deferred Payment or the FY27 Maximum Deferred Payment, as applicable; “Target Group” means the Buyer and its subsidiary undertakings from time to time including, with effect from Closing, the Transferred Entities; “Second Deferred Consideration Amount” has the meaning given in paragraph 2.3 of this Exhibit F; “Third Deferred Consideration Amount” has the meaning given in pargraph 2.4 of this Exhibit F; and “SAPA” means the Stock and Asset Purchase Agreement to which this is an Exhibit. 2. CALCULATION OF DEFERRED CONSIDERATION AMOUNT 2.1 The Deferred Consideration Amounts shall be: (a) with respect to FY25, the amount (if any) of the First Deferred Consideration Amount; plus (b) with respect to FY26, the amount (if any) of the Second Deferred Consideration Amount; plus (c) with respect to FY27, the amount (if any) of the Third Deferred Consideration Amount, in each case, calculated in accordance with the remainder of this Exhibit F and which, in each case, shall be paid by the Buyer to the Seller in accordance with Section 4.06 of the SAPA.
Sample 1