Net Capital Employed definition

Net Capital Employed as of a particular date shall mean the sum of Shareholder’s Equity and Total Debt as of such date, minus Cash as of such date. “Other Income (Expense), Net” of the Company shall be any expense or income arising from transactions outside the ordinary course of business including but not limited to any of the sale or purchase of debt or equity securities of the Company, debt refinancing or prepayment of debt, judgment or settlement of claims or litigation, acquisitions or divestitures, termination of a pension plan, the sale or purchase of tangible or intangible assets and the impairment of tangible and intangible assets.
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Net Capital Employed means the sum of working capital, as defined above, and fixed assets, net of the personnel provisions, other non-current paya- bles and provision for contingencies and charges.
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Net Capital Employed as of a particular date shall mean the sum of Shareholders’ Equity and Total Debt as of such date, minus Cash as of such date. “Other Operating Expense (Income), Net” of the Company, as reported in its financial statements.
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Examples of Net Capital Employed in a sentence

  • The net capital employed in the Company means the assets of the Company, excluding any cash distributed or otherwise paid to the Seller or its Affiliates immediately prior to the Closing, less the liabilities of the Company (the "Net Capital Employed"), as set forth on Schedule 1.2 hereto.

  • The purchase price paid at Closing (the "Estimated Purchase Price") shall be the sum of (i) the Estimated Net Capital Employed, plus (ii) $12,776,000.

  • For illustrative purposes only, if the Estimated Net Capital Employed is equal to $19,276,000, then the Estimated Purchase Price will be $32,052,000.

  • Not later than five (5) ----------------------------------------- business days prior to the Closing Date, Seller shall furnish to Purchaser Seller's best estimate of the Net Capital Employed as of the Effective Time (the "Estimated Net Capital Employed").

  • Employer’s Average Return on Net Capital Employed, or “RONCE,” for any performance period shall be expressed as a percentage and determined by dividing (1) the sum of the Employer’s Return on Net Capital Employed for each year during the performance period, by (2) the number of years in the performance period.

  • A preliminary Purchase Price shall be calculated which shall be equal to the Net Capital Employed as set forth on the Preliminary Balance Sheet less (pound)350,000 (the "Preliminary Purchase Price"), and the number of shares of DSI Stock issued by the Buyer to the Seller at the Closing shall be based on the Preliminary Purchase Price.

  • A preliminary Purchase Price shall be calculated which shall be equal to the Net Capital Employed as set forth on the Preliminary Balance Sheet less 350,000 pounds (the "Preliminary Purchase Price"), and the number of shares of DSI Stock issued by the Buyer to the Seller at the Closing shall be based on the Preliminary Purchase Price.

  • Return on Net Capital Employed is defined as earnings before interest and taxes (“EBIT”) divided by one-half of the sum of the beginning period date (January 1 of a given year in the performance period) net capital employed (“NCE”) and the ending period date (December 31 of a given year in the performance period) NCE.


More Definitions of Net Capital Employed

Net Capital Employed as of a particular date shall mean the sum of Stockholders’ Equity and Total Debt as of such date, minus Cash as of such date. “Other Operating Expense (Income), Net” shall mean the other operating income (expense), net of the Company, as reported in its financial statements. “Return” for a particular period shall mean (i) the sum of Consolidated Operating Income and Other Operating Expense (Income), Net for such period, multiplied by (ii) one minus the Tax Rate for such period, plus (iii) Equity in Earnings from Affiliated Companies.
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Net Capital Employed means (i) the book value of the tangible and intangible Acquired Assets as of the Effective Time determined in accordance with generally accepted accounting principles ("GAAP") consistently applied, less (ii) the amount of the Assumed Liabilities as of the Effective Time to the extent such Assumed Liabilities would be reflected on or reserved against in a balance sheet as of the Closing Date prepared in accordance with GAAP consistently applied. The determination of the application of accounting principles on a basis consistent with prior periods shall be made by reference to Seller's prior application of such principles unless such principles or such prior application thereof was not in accordance with GAAP, in which case GAAP determined by Purchaser shall be used without regard to the consistency of the application thereof with Seller's prior accounting periods.
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Related to Net Capital Employed

  • Target Capital Account means the Capital Account of a Member as of the end of each fiscal year, increased by any amount that such Member is obligated to restore under this Agreement, is treated as obligated to restore under Treasury Regulations Section 1.704-1(b)(2)(ii)(c), or is deemed obligated to restore under the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and (i)(5).

  • Managerial employee means an employee of the State of Oregon or a public university

  • City Managerial Employee means the City Manager, the Assistant City Manager, the City Clerk, and any City department head or director. In the event CONTRACTOR violates the provisions of this paragraph, CONTRACTOR shall be required to pay damages to OWNER in an amount equal to any and all compensation which is received by the former Elected Officer or City Managerial Employee of OWNER from or on behalf of the contracting person or entity, or an amount equal to the former Elected Officer's or City Managerial Employee's last two (2) years of gross compensation from OWNER, whichever is greater.

  • Casual Employee means an employee who has no set hours or days of work and who is normally asked to work as and when required.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders: