Profit Element definition

Profit Element means the Gross Margin for the twelve month period ending on the date of the Removal Notice as reported by the Settlement System Administrator's auditor pursuant to sub-section 32.1, reduced by 9.4 per cent. on account of overhead costs;
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Profit Element means the Australian dollar amount by which the Exercise Price of the number of the WHL Options exercised is less than the Market Value of the number of WHL Shares (adjusted as provided in PARAGRAPHS 7 and 8) that the Option Holder would be entitled to acquire if such WHL Options had been exercised in the manner described in PARAGRAPH 4.2(A). 4.2 During the Exercise Period, the Option Holder may exercise the WHL Options in whole or in part by:
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Profit Element in relation to a Lease Payment means (subject to Clause 2.5 of the Lease) an amount equal to the Profit Element Reference Amount multiplied by the sum of LIBOR for the period covered by such Lease Payment and the Applicable Margin (expressed as a percentage rate per annum), multiplied further by the number of days in such period and divided by 360;
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Examples of Profit Element in a sentence

  • Profit Element: As the above charges apply to connections services which are contestable, the design charges payable will include a 12% profit margin9, in order to avoid distorting competition.

  • Profit Element: The charges below include a 12% gross profit margin10.

  • For well pads, preliminary data from this project are consistent with the results of the City of Worth study, showing that a relatively small proportion of well sites produce a large share of the total emissions from the sampled population.

  • Profit Element - As the above charges apply to connections services which are contestable, the quotation charges include a 0% profit margin.

  • From this date onwards, the cost of operating the SSRO will be shared equally between the MOD and those defence contractors with QDCs. The 50% industry share of SSRO costs will be recovered from contractors through a lower profit rate on QDCs, by a downward adjustment that you must apply when calculating the contract profit rate (see Chapter 4 Pricing a QDC: the Profit Element).

  • For more detail on the BPR and other adjustments, see Chapter 4 Pricing a QDC: the Profit Element.

  • Elective hospitalizations for pretreatment conditions (e.g., elective cosmetic procedures) are not adverse events.

  • Information on calculating the Contract Profit Rate can be found in Chapter 4 Pricing a Qualifying Defence Contract: The Profit Element.

  • Where a legal entity is a Member of the Company, its authorized representative may also be elected as a Director of the Company in accordance with these Articles.

  • The 1981 uprising of Albanians demanding the separation of the Autonomous Province of Kosovo from the Republic of Serbia was followed in 1989 by constitutional changes that limited the autonomy of the province.2 Shortly afterwards, the Yugoslav government declared a state of emergency and assumed direct rule.

Related to Profit Element

  • Common profits means the balance of all income, rents, profits and revenues from the common areas and facilities remaining after the deduction of the common expenses;

  • Picture element means an elemental area of a tomogram.

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

  • Covered Building Service Employee means any person performing building service work for a Covered Building Service Employer, either directly or through a contract or subcontract.

  • Planned Service Interruption means a Service Interruption that has been scheduled to occur in accordance with schedule 5;

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Supplier Profit Margin means, in relation to a period or a Milestone (as the context requires), the Supplier Profit for the relevant period or in relation to the relevant Milestone divided by the total Call Off Contract Charges over the same period or in relation to the relevant Milestone and expressed as a percentage;

  • Gross Income from Operations means all sustainable income as reported on the financial statements delivered by the Borrower in accordance with this Agreement, computed in accordance with accounting principles reasonably acceptable to Lender, consistently applied, derived from the ownership and operation of the Property from whatever source, INCLUDING, but not limited to, (i) Rents from Tenants that are in occupancy, open for business and paying unabated Rent, (ii) utility charges, (iii) escalations, (iv) intentionally omitted; (v) service fees or charges, (vi) license fees, (vii) parking fees, and (viii) other required pass-throughs but EXCLUDING (i) Rents from Tenants that are subject to any bankruptcy proceeding (unless such Tenant has affirmed its Lease or Inland Western Retail Real Estate Trust, Inc. has master leased such Tenant's premises for full contract rent for a period not less than three years, and the net worth of Inland Western Retail Real Estate Trust, Inc. (as determined by Lender) is not less than such entity's net worth as of September 30, 2003), or are not in occupancy, open for business or paying unabated Rent, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds. Gross income shall not be diminished as a result of the Mortgage or the creation of any intervening estate or interest in the Property or any part thereof.

  • Plan for moderate income housing means a written document adopted by

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Unplanned Service Interruption means any Service Interruption where events or circumstances prevent the timely communication of prior warning or notice to the Trader or any affected Customer;

  • Common promotional plan means a plan, undertaken by a person

  • Floating Profit/Loss in a CFD shall mean current profit/loss on Open Positions calculated at the current Quotes (added any commissions or fees if applicable).

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Animal feeding operation (“AFO”) means a lot or facility (other than an aquatic animal production facility) where animals have been, are, or will be stabled or confined and fed or maintained for a total of 45 days or more in any 12-month period, and crops, vegetation, forage growth, or post-harvest residues are not sustained in the normal growing season over any portion of the lot or facility [40 CFR § 122.23(b)(1)].

  • Combined distribution system means the interconnected distribution system consisting of the distribution systems of wholesale systems and of the consecutive systems that receive finished water.

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • Network Element is As Defined in the Act.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • Basic generation service provider or "provider" means a

  • Continuous Improvement Plan means a plan for improving the provision of the Goods and/or Services and/or reducing the Charges produced by the Supplier pursuant to Framework Schedule 12 (Continuous Improvement and Benchmarking);

  • Integrated Development Plan means a plan formulated and approved as envisaged in Section 25 of the Municipal Systems Act 2000, as amended.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Covered Services means all or a part of those medical and health services set forth in rule 441—86.14(514I).

  • EPS for any Year means earnings per share of the Company, as reported in the Company's Consolidated Statement of Income set forth in the financial statements of the Company for the Year.