Internal Projections definition
Internal Projections means the internal financial projections of the Company prepared in the ordinary course of business, as shared with the Board and, if applicable, the Company’s lenders.
Internal Projections means the last internal Earnings Per Share projections developed by the Company for the relevant calendar year prior to the end of the first quarter of such calendar year. As used herein, "Earnings Per Share" means diluted earnings per share determined in accordance with generally accepted accounting principles, exclusive of the after tax effects of merger costs. The bonus payable under this Section 2.3(c) shall be payable no later than 90 days after the end of calendar year to which it relates. For any periods at less than a full calendar year of the Employment Period, the bonus shall be prorated on the basis of internal projections for the shorter period as well as the Base Salary paid during such shorter period as determined by the Board on its reasonable discretion."
Examples of Internal Projections in a sentence
For the avoidance of doubt, this Section 15 cannot be construed in any manner whatsoever as to an express or implied representation or warranty that the FI Internal Projections will be totally or partially realized and therefore actual results may substantially differ from the projected amounts.
For the avoidance of doubt, this Section 14 cannot be construed in any manner whatsoever as to an express or implied representation or warranty that the CNH Internal Projections will be totally or partially realized and therefore actual results may substantially differ from the projected amounts.