Pre-Tax Net Income definition

Pre-Tax Net Income means, for any period for the DT Entities On A Consolidated Basis, Net Income (not including any Net Income that is a loss) plus the amount of any income Taxes paid or currently payable by the DT Entities On A Consolidated Basis during such period.

Pre-Tax Net Income will mean the net income of the Buyer before interest and income taxes determined in accordance with GAAP and as reported in the Buyer's financial statements after giving effect to the following (to the extent not already reflected in the calculation of such net income of Buyer before income taxes):

Pre-Tax Net Income refers to the "Income (Loss) Before Income Taxes," as set forth on the Statement of Operations included in a TFR.

Examples of Pre-Tax Net Income in a sentence

• Although repetitive activity recognition has been widely studied, the existing approaches are either scenario dependant and require extensive domain knowledge to determine many parameter settings or make unrealistic assumptions that are not practical for real-world applications.

• Executive shall be entitled to a benefit based on the pre-tax net income of the Bank, as calculated in accordance with the formula and terms set forth in Exhibit A, the terms of which are incorporated by this reference as if set forth in full in this paragraph (the "Pre-Tax Net Income Benefit").

• For every $1 above the Adjusted Pre-Tax Net Income target specified in Exhibit B hereto, [***] cents will be added to the Bonus Pool for 1H.

• Xxxxxxxx Xxxxxx Title: Secretary EXHIBIT A PRE-TAX NET INCOME BENEFIT The following terms apply to the calculation of the Pre-Tax Net Income Benefit provided in Paragraph C.2 of the Agreement.

• For each Loss Covenant Month, the Borrowers shall achieve Pre-Tax Net Income, determined on a consolidated basis, of not less than <$750,000>.

More Definitions of Pre-Tax Net Income

Pre-Tax Net Income means gross sales less the sum of (i) returns, chargebacks, refunds, rebates and discounts; (ii) cost of goods sold; and (iii) all costs directly attributable to the Division, including without limitation, Selling, General and Administrative expenses (SG&A) and Research and Development expenses (R&D), all as determined in accordance with generally accepted accounting principles of financial reporting in the United States, applied on a consistent basis.

Pre-Tax Net Income means, with respect to each Fiscal Year, the consolidated income before taxes but after minority interest (as computed using net income (loss) before taxes) of the Company for such Fiscal Year in accordance with GAAP, as shown on the Company’s consolidated statements of operations for such Fiscal Year, but calculated (i) excluding any unusual or non-recurring items in accordance with GAAP and (ii) prior to any costs associated with executive incentive compensation (defined as incentive compensation for executives of the Company with performance targets determined by the Committee), in each case as determined by the Committee; provided, however, Pre-tax Net Income with respect to the first Fiscal Year under the Program shall be calculated using the Company’s consolidated statements of operations for the three quarters ended December 31, 2006 and adjusted by reducing Pre-tax Net Income for the first Fiscal Year by $31 million. Notwithstanding the foregoing, in no event shall the Pre-tax Net Income for a Fiscal Year be less than $0 for purposes of the Program.

Pre-Tax Net Income will have the meaning set forth in Section 2.5A(2)(a).

Pre-Tax Net Income means the Pretax Income for 1998 as determined by the Company for purposes of the Incentive Bonus Program for Optionee described in the letter attached hereto as Exhibit A.

Pre-Tax Net Income of a Borrower means such Borrower's before-tax net income less extraordinary gains, as determined in accordance with GAAP.

Pre-Tax Net Income means Buyer’s net income derived from the SurePoint Business Unit for the applicable measuring period, but before all provisions for Federal, state and local income Taxes, calculated in a manner consistent with Section 3.2.

Pre-Tax Net Income means net income before taxes, minority interest and extraordinary items as reported in the Company's audited consolidated statement of income (as included in the Company's Form 10-K filed pursuant to the 1934 Act) for the period being measured.