Incremental Pre-Tax Income definition

Incremental Pre-Tax Income means the pre-tax income, but not loss, of the Additional Acquired Company for the relevant portion of the Determination Period determined in accordance with GAAP, including (i) a charge of 9% of the purchase price of the Additional Acquired Company representing the cost of capital and (ii) the amortization of goodwill relating to, or resulting from the purchase of, the Additional Acquired Company calculated in accordance with GAAP. If, during the Pre-Earnout Period, Purchaser acquires an Additional Acquired Company with respect to which Sellers do not assume a position of management authority and as a consequence of Purchaser's control of such Additional Acquired Company such Additional Acquired Company obtains revenues during the Determination Period that would, but for such control, have accrued to the Company, then the net income, excluding (i) interest income, (ii) income tax expense and (iii) extraordinary items, if any, associated with such revenues shall be added to the Determination Period EBIT.
Sample 1
Incremental Pre-Tax Income for any calendar year, means the amount by which Adjusted Pre-Tax Income (which for calendar year 2003 will include the entire calendar year of 2003) exceeds the dollar amount determined pursuant to Exhibit V with respect to such calendar year.
Sample 1

Related to Incremental Pre-Tax Income

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Available Tax Increment means the Gross Tax Increment received by the City from Hennepin County during the period preceding each semi-annual Payment Date, less (i) the amount of tax increment, if any, which the City must pay to the school district, the county and the state pursuant to Minnesota Statutes, Sections 469.177, Subds. 9 and 11; 469.176, Subd. 4h; and 469.175, Subd. 1a, as the same may be amended from time to time, (ii) actual administrative costs of the City in an amount not to exceed 10% of Gross Tax Increment.

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Property tax increment means the amount obtained by:

  • Tax Increment means the difference between:

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Base Tax Year means the property tax levy year used

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Tax Increment District or "district" means that area to which the tax increment finance plan pertains.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.

  • Incremental Income Taxes is defined in Section 6.9.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Incremental income tax means the total amount withheld

  • MUNICIPAL TAXABLE INCOME means the following:

  • Recovered tax increment value means, except as otherwise

  • Anticipated county property tax revenue availability means the