Net Profitability definition
Net Profitability. As of any date of determination, the net income of ----------------- the Borrower and its Subsidiaries determined on a consolidated basis in accordance with GAAP, plus the amount of any non-operating non-recurring loss ---- reflected in such net income, and less the amount of any non-operating non- ---- recurring gain reflected in such net income.
Net Profitability means the net income of the Company, excluding extraordinary items, as determined by the Administrator in its sole discretion.
Net Profitability means the net income of the Company, excluding
Examples of Net Profitability in a sentence
The Borrower will not permit the Net Profitability for the fiscal quarter ending June 30, 1999, and each fiscal quarter thereafter to be less than $1.00.
Rock Band 4 Stand Alone Hardware Royalty Rate: Forty-five (45) days following the end of each calendar quarter, Mad Catz shall pay to Harmonix a [***]% Royalty of net sales (as defined in the Long Form Agreement) on the Rock Band 4 Stand Alone Hardware, based upon the Net Profitability formula set forth in that certain Harmonix Rock Band Hardware Manufacturing and Distribution Agreement and Software Distribution Agreement, by and among the Parties, dated August 5, 2011 (the “RB3 Agreement”).