Pretax Margin definition

Pretax Margin means, for purposes of this Agreement, the percentage derived (a) for FY 96, by dividing FY 96 Adjusted Pretax Income by the sum of the FY 96 revenues of Capital and the Outsourcing Subsidiaries, and (b) for each of FY 97, FY 98, FY 99 and FY 00, by dividing Consolidated Pretax Income of the Company for such Fiscal Year by the aggregate revenues for the Company on a consolidated basis for such Fiscal Year."
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Pretax Margin for purposes hereof shall mean, for any fiscal year, the percentage derived by dividing the annual pretax income reported by Transworld to Union (which will differ from Transworld's API for such year) by the revenues of Transworld for such year. "Annual pretax income" shall mean the net income of Transworld and its subsidiaries, if any, as reported to Union before Federal and state income taxes and before (a) goodwill amortization expense, (b) mortgage interest expense, if any, related to the land and buildings that are currently owned by the Company in Rohnert Park, California, and (c) any expense related to the payment, if any, made by the Company to ▇▇▇▇▇▇ ▇▇▇▇ pursuant to Article FOURTH (C) of ▇▇▇▇▇▇ ▇▇▇▇'▇ Employment Agreement with the Company.
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Examples of Pretax Margin in a sentence

  • Modified Pretax Margin (Personal Metric) The Modified Pretax Margin personal metric is calculated by dividing Modified Pretax Profits by Modified Operating Revenues.

  • Modified Pretax Margin (Corporate Metric) The Modified Pretax Margin (Corporate Metric) is calculated by dividing Modified Pretax Profits (Corporate Metric) by Modified Gross Revenues (Corporate Metric).

  • Valero post tax margin hurdle = [***] Depreciation = [***] Actual royalty = [***] Tax Adjustment = [***] After Tax Cash Margin = [***] Pretax Margin = [***] Margin Fraction = [***] Valero Pre Tax Margin Hurdle = [***] Adjustment = [***] Calculated PSR = [***] PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS.

  • Valero post tax margin hurdle = [***] Depreciation = [***] Actual royalty = [***] Tax Adjustment = [***] After Tax Cash Margin = [***] Pretax Margin = [***] Margin Fraction = [***] Valero Pre Tax Margin Hurdle = [***] Adjustment = [***] PSR = [***] PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS.

  • Weight Measure 75% of Target Number 100% of Target Number 125% of Target Number 150% of Target Number 37.5% Average Annual Wealth Revenue Percent Increase Year Over Year 9 % 11 % 13 % 15 % 37.5% Average of the Annual Wealth Pre-tax Margin 37 % 39 % 41 % 43 % 25% Subjective Criteria Average Above average Excellent Superior The performance measures are independent of each other and each is weighted in accordance with the percentage set forth in the above table.

  • Average of the Wealth Pretax Margin means the pretax margin as presently calculated at December 31, 2010 by the Corporation’s Finance Department and includes Trust Operations but does not include unallocated overhead.

Related to Pretax Margin

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Operating Margin means the incremental adjustments, measured in megawatts, required in PJM Region operations in order to accommodate, on a first contingency basis, an operating contingency in the PJM Region resulting from operations in an interconnected Control Area. Such adjustments may result in constraints causing Transmission Congestion Charges, or may result in Ancillary Services charges pursuant to the PJM Tariff.

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].