Profit Basis definition

Profit Basis means the basis of profit calculation specified in the applicable Pricing Supplement;
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Profit Basis means the rate or rates (expressed as a percentage per annum) of profit payable in respect of the Certificates specified in the relevant Pricing Supplement or calculated or determined in accordance with the provisions of these Conditions and/or the relevant Pricing Supplement;
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Profit Basis means the product of **** ($****) per ton of Qualified Fuel manufactured by Central City at the Facility. The Cost Basis of the Binder Price shall be paid within thirty (30) days after Central City's receipt of an invoice. The Profit Basis of the Binder Price shall be paid in arrears based on production of Qualified Fuels at the Facility during such previous calendar month and shall be made within fifteen (15) days following the end of each such calendar month. Central City will only be required to pay for Binder actually purchased from Covol under this Agreement.
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Examples of Profit Basis in a sentence

  • Distribution of Net Profits shall be based on a Net Profit Basis which is defined as the deduction of all cost, expenses of operation, management fees, Government license fees and taxes, camp expenses, travel and depreciation on Equipment based on the projected live of the mine or the Equipment.

  • The price of Binder purchased by Central City (the "Binder Price") shall be comprised of the Cost Basis and the Profit Basis.

  • Training Programs Net Profit Basis: Revenue net off all direct training program expenses e.g. Venue Charges, All Travel, Stay & Living, Conveyance, Training Aids, Material & Handouts, give away etc.

  • If The Insured’s Business Is Conducted In Departments The Provisions of The Gross Profit Basis of Settlement Shall Apply Separately To Each Department Affected By The Damage, Provided That The Trading Results of Each Department Are Independent And Separately Ascertainable.

  • If the Insured’s business is conducted in departments the provisions of the Gross Profit Basis of Settlement shall apply separately to each department affected by the damage, provided that the trading results of each department are independent and separately ascertainable.

  • Experience, in any fiscal quarter, a material financial loss on an Operating Profit Basis (as defined in GAAP).

Related to Profit Basis

  • Consistent Basis in reference to the application of GAAP means the accounting principles observed in the period referred to are comparable in all material respects to those applied in the preparation of the audited financial statements of the Borrower referred to in Section 6.6(a).

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Gross Profit means sales minus the cost of goods sold.

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.