PBT definition
PBT means Net Income of the Company before provision for federal, state and local income taxes for such period, determined in accordance with GAAP; provided that the following specific rules and adjustments will apply whether or not those rules are consistent with GAAP (except as specifically stated below) for purposes of calculating PBT, Revenue, PBT Margin or any other amount contemplated hereby to be determined by reference to a financial statement:
PBT is an acronym for paper-based testing or the delivery of a HiSET test via paper format.
PBT means a Portable Breath Tester as used by law enforcement agencies/Department of Corrections/Community Corrections.
Examples of PBT in a sentence
Alcohol shall be tested by means of a Breathalyzer machine currently in use (B.A.C.) or future equipment which may supercede the B.A.C. machine (but excludes the P.B.T. device.) Breathalyzer alcohol tests shall be conducted at a site designated by the Employer.
For the portion of the bonus based on PBT and Sales, the number of days the employee worked in the plan period will be used to pro-rate the amount which will be paid at the end of the plan period.
The PRP removes and replaces PBT chemicals present in products, processes, or technologies to help prevent toxics from entering the environment.
For the avoidance of doubt, the computation of PBT is before the incentive bonus set out.
The Product Replacement Program is designed to eliminate Persistent Bioaccumulative Toxic (PBT) chemicals from use in commerce.
More Definitions of PBT
PBT means underlying Profit Before Tax;
PBT shall have the meaning set forth in the Recitals.
PBT means the Company’s profit before tax for FY24 calculated on such basis before deduction of share-based payment charges as shown within the audited income statement of the Company for FY24;
PBT with respect to any year, shall mean the consolidated net income (loss) of Capital C LP before provision for any income taxes for such year, determined in accordance with GAAP; provided, however, that for purposes of calculating PBT for 2010, PBT shall be deemed to include the PBT of the Capital C Business for the period from the Closing Date through December 31, 2010.
PBT means the cumulative net revenue profits shown in the audited Profit and Loss Accounts of the Company and the Subsidiary for the relevant financial period subject to the following adjustments (if not already taken into account in the Profit and Loss Accounts):
4.1 After adding 50% of any revenue of the Group (excluding the Company and the Subsidiary) directly attributable to a referral by the Company or the Subsidiary of a client or customer.
4.2 Before deducting (subject to 4.3 below) taxation shown by the audited Profit and Loss Account of the Company;
4.3 Before adding or deducting profits or losses on the revaluation of any assets or any adjustment arising on the translation into pounds sterling of assets and liabilities denominated in foreign currencies;
4.4 Before adjustment for extraordinary items not deriving from the ordinary activities of the Company and its Subsidiary as required by the Statement of Standard Accounting Practice No 69SSAP6);
4.5 Excluding profits or losses of a capital nature.
4.6 Before deducting the profit related bonuses payable to the Executive and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇'▇▇▇▇▇▇.
4.7 Before deducting any introductory commission bonuses payable to the Executive and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇'▇▇▇▇▇.
4.8 Bonus payable under this schedule shall be payable at the end of the month next following the approval by the Board of the audited Profit and Loss Accounts of the Company and the Subsidiary for the relevant financial period.
PBT. Revenues" and "Net Income" from and after the closing of such transaction will be calculated for all purposes of this Agreement on the basis of the consolidated PBT, Revenues and Net Income of the surviving, resulting or combined entity in such transaction and (B) as to any other transaction, the definitions of "O Multiple," "PBT," "Revenues" and "Net Income" will be amended in such manner as agreed to by Parent and Seller or, absent such agreement, as Parent shall determine in good faith based on the effect such transaction would have
PBT means the audited consolidated profit before tax, excluding non-controlling interests and any exceptional or extraordinary items, of the Group. For the avoidance of doubt, the computation of PBT is before the incentive bonus set out in Clause 5.1.2 below;