Profit After Tax definition
Examples of Profit After Tax in a sentence
Changed for net Profit After Tax, Revenue and Working Capital Turnover.
The Net Profit After Tax (▇▇▇) shall be determined as per the audited financial accounts for the Financial Year immediately preceding the Financial Year in which the sale of Investor Shares occurs or exit is provided to the Investor.
Fair Equity Valuation for the purpose of this Article shall be determined as being equivalent to 6 (Six) times the Net Profit After Tax (▇▇▇) of the Company.
Debt Service Ratio is defined as Net Profit After Tax plus Depreciation, Amortization, all Interest Expense, and other Non Cash Charges, divided by Current Portion of Long-Term Debt (C.P.L.T.D.) plus all Interest Expense, and all of the foregoing components of Debt Service Ratio shall be determined according to GAAP.
Borrower shall have a minimum Tangible Net Worth of not less than $15,500,000.00 measured as of March 31, 2007, and measured on a quarterly basis thereafter, with such minimum Tangible Net Worth requirement to be increased each quarter thereafter by 50% of Net Profit After Tax of the preceding quarter, provided that if Borrower’s Net Profit After Tax is negative (i.e., a loss), the then current minimum Tangible Net Worth will not be decreased.