Profit Margin definition
Examples of Profit Margin in a sentence
Notwithstanding the foregoing, at the sole discretion of the Company’s Board of Directors, upon recommendation of the Compensation Committee, the Gross Profit Margin Requirement described in this Section 4.3 may be decreased or waived entirely for an acquisition(s) or merger or otherwise adjusted as determined by the Compensation Committee.
Upon receipt of payments from subscribers for the month of April, Seller shall promptly pay to Buyer Seller's prorata share of the cumulative Daily Adjusted Profit Margin of $1,376.60 ("Prorata Share") attributable to the Property, for each day of the month of April following Closing.
The Prorata Share shall be based on the Adjusted Profit Margin calculations attached as Schedule 5.7 hereof.
Gross Profit Margin is calculated by subtracting the cost of goods from the revenue being booked (pursuant to GAAP); provided, however, that no overhead charges or allocations shall be included in such calculation except for the amortized portion of any Message Logic software development costs (pursuant to GAAP).
For the avoidance of doubt, a 0% attainment level shall be applied to a Performance Measurement Period if the Minimum Profit Margin with respect to the corresponding Performance Measurement Period has not been attained.