Minimum Net Profit definition

Minimum Net Profit means the sum of £ [amount]
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Minimum Net Profit means the sum of R[amount]
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Minimum Net Profit means the sum of Rs [amount].
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Examples of Minimum Net Profit in a sentence

  • Minimum Adjusted Quick Ratio (Monthly) 1.0:1.0 _____:1.0 Yes No Minimum Net Profit (Quarterly) $ * $ Yes No *As set forth in Section 6.7(b) of the Agreement.

  • Section 2.14 of the Agreement is hereby amended to create a "Minimum Net Profit" requirement as follows: The Borrower shall achieve an after-tax profit of at least $1 for each calendar quarter commencing for the calendar quarter ending 9/30/99.

  • Lenders have agreed to Borrowers' requests on the condition that Borrowers agree to: (i) a permanent reduction in the Maximum Revolver Amount and agree to prepay a portion of the outstanding balance under the Term Loan, (ii) the addition of a Minimum Net Profit Covenant, (iii) a change in the pricing for the Advances and the Term Loan, and (iv) the other terms and conditions contained in this Amendment.

  • The Borrower was not in compliance with the "Minimum Net Profit" requirement of Section 2.14 of the Credit Agreement for the quarter ended December 31, 1999.

  • EMPLOYEE By: __________________________ ___________________________ Its: ___________________________ QUOTA SCHEDULE Quarter Minimum Net Profit (cumulative) Quota Sept.

  • If Cxxxxxx does meet both the Minimum Sales Targets and Minimum Net Profit applicable to 2016, then the 2016 Certificates will be released from escrow and mailed to the Seller Stockholders in accordance with instructions they provide.

  • Borrower acknowledges that it is currently in default under the Loan Agreement by its failure to comply with (a) the Adjusted Quick Ratio covenant set forth in Section 6.7(a) thereof, and (b) the Minimum Net Profit covenant set forth in Section 6.7(b) thereof, each for the month ended March 31, 2012 (collectively, the “Existing Default”).


More Definitions of Minimum Net Profit

Minimum Net Profit means $8.39 million in 2016 and $20.90 million in 2017, each as calculated in accordance with and verified by the annual financial statements of Cxxxxxx for the respective year approved by GSI;
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Related to Minimum Net Profit

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • Net Profit means such profit as is calculated in accordance with paragraph 61;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Gross Profits means the gross profits calculated under section 4;

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Total Profit means the aggregate amount (before taxes) of the following: (i) the amount received by Grantee pursuant to Issuer's repurchase of the Option (or any portion thereof) pursuant to Section 7, (ii) (x) the amount received by Grantee pursuant to Issuer's repurchase of Option Shares pursuant to Section 7, less (y) the Grantee's purchase price for such Option Shares, (iii) (x) the net cash amounts received by Grantee pursuant to the sale of Option Shares (or any other securities into which such Option Shares are converted or exchanged) to any unaffiliated party, less (y) the Grantee's purchase price of such Option Shares, (iv) any amounts received by Grantee on the transfer of the Option (or any portion thereof) to any unaffiliated party, and (v) any amount equivalent to the foregoing with respect to the Substitute Option.

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • EPS means earnings per share.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • net non-operating income means the difference between:

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • EBIT means earnings before interest and taxes.

  • Minimum Necessary means the least amount of PHI necessary to accomplish the purpose for which the PHI is needed.

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is: • covered at least in part under one or more plans covering the person for whom the claim is made; and • incurred while this plan is in force. When a plan provides healthcare coverage in the form of services, the reasonable cash value of each service is considered as both an allowable expense and a benefit paid. Vision care services covered under other plans are not considered an allowable expense under this plan. PLAN means any of the following that provides benefits or services for medical, pharmacy, or dental care treatment. If separate contracts are used to provide coordinated coverage for members of a group, the separate contracts are considered parts of the same plan and there is no COB among those separate contracts.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.