Pre-distribution Earnings definition
Pre-distribution Earnings. ("PDE") shall mean (i) Physician and Other Professional Revenues, less (ii) Cost of Services and the Base Service Fee.
Pre-distribution Earnings. (“PDE”) shall mean, with respect to any period of time during the Initial Term or a Renewal Term: (i) Physician and Other Professional Revenues for such period of time during the Initial Term or a Renewal Term, less (ii) Cost of Services and the Base Service Fee for such period of time during the Initial Term or a Renewal Term.
Examples of Pre-distribution Earnings in a sentence
The Purchase Price shall be reduced if the Actual Predistribution Earnings are less than the Estimated Predistribution Earnings, and in such event, the reduction in the Purchase Price shall be by an amount equal to thirty-five percent (35%) of such difference times five (5).
The computation of Actual Predistribution Earnings shall not reflect non-recurring expenses, costs and income occurring throughout the 1997 calendar year or the salary and draw of Paul ▇.