NCAO definition

NCAO means, for any Person, for any period, net income (or net loss) excluding extraordinary or nonrecurring gains and losses and taxes associated therewith, plus depreciation and amortization deducted in determining such net income (or net loss) for such period, less the amount, if any, by which each of accounts receivable, inventory and prepaid expenses increased during such period, plus the amount, if any, by which each of accounts receivable, inventory and prepaid expenses decreased during such period, less the amount, if any, by which each of accounts payable, accrued expenses, interest payable, income taxes payable and deferred taxes payable decreased during such period, plus the amount, if any, by which each of accounts payable, accrued expenses, interest payable, income taxes payable and deferred taxes payable increased during such period, in each case determined on a consolidated basis in accordance with GAAP for such period.
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Examples of NCAO in a sentence

  • All Bargaining Unit employees, with the exception of the Operations Division Self-Directed Team assigned to the NCAO are covered by the terms and conditions of this agreement.

  • It is the intention of the Union to work together in an equal partnership with the NCAO to resolve any unforseen problems which may arise in administering this work schedule.

  • The NCAO and the Union both support the use of Alternative Work Schedules (AWS) as a Human Resource initiative designed to benefit both the employees and employer with consideration of management, organizational, and operational requirements.

  • Both the NCAO and the Union realize that every situation cannot be covered by this agreement, and both agree to work together in resolving any problems that may arise in implementing this agreement.

  • Each of these facilities is a work site for hourly maintenance employees of NCAO.

  • The commuting area for NCAO encompasses Shasta and Keswick Powerplants.

  • Borrower shall maintain as of the end of each month, for the period of twelve (12) consecutive months then ended, a ratio of NCAO to Debt Service of not less than 2.0 to 1.

  • The Settlement Administrator shall within 10 days of receipt of the name and mailing address of all members in the three classes, complete a search the National Change of Address Registry (NCAO) for a current address of the Class Member.

  • Borrower shall maintain as of the end of each month, for the period of three (3) consecutive months then ended, a ratio of NCAO to Debt Service of not less than 1.3 to 1.