Target Gross Margin definition

Target Gross Margin means a percentage equal to the quotient of (a) (i) Target Revenues minus (ii) Target Cost of Revenues, divided by (b) Target Revenues.
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Target Gross Margin means $3,199,351, which the parties agree and acknowledge to be the Earnout Gross Margin for the twelve (12) month period ended March 31, 2007. The calculation of the Target Gross Margin is set forth on Schedule 4.7. “Target Working Capital” shall mean $500,000.
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Target Gross Margin means (i), with respect to the First Reference Year, 19.6%, (ii), with respect to the Second Reference Year, 33.9% and (iii), with respect to the Third Reference Year, 37.2%.
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Examples of Target Gross Margin in a sentence

  • Unless the Shareholder Representative gives notice of its disagreement (a “Dispute Notice”) with Acquiror’s calculations of such Target Revenues, Target Gross Margin, Target Operating Income and Target Gross Profit and the resulting Aggregate Earn-Out Consideration or Earn-Out Payment, as applicable, detailing the amount, nature and detailed basis of such dispute within 20 days after the delivery of the Acquiror Report, Acquiror’s calculations shall be final, conclusive and binding for all purposes.

  • From the Closing Date and during the Performance Period, Buyer will use its reasonable best efforts, together with the efforts of the continuing Company personnel who are engaged in the lubricants sales program, to achieve the Target Gross Margin.

  • In the event that the Accelerated Second Earnout Gross Margin is greater than the Target Gross Margin (the “Accelerated Second Earnout Payment”), the Stockholders’ Agent shall have the right, exercisable in her sole discretion, to accelerate payment of the Second Earnout Payment by delivering to Parent, within ten (10) business days following receipt by the Stockholders’ Agent from Parent of the Accelerated Second Earnout Statement, of written notice of her election to so accelerate such payment.


More Definitions of Target Gross Margin

Target Gross Margin has the meaning set forth on Schedule 2.8(c)(ii).
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Target Gross Margin means the sum of the Company’s target Lubricants Products Gross Margin during the Performance Period and the target ▇▇▇▇▇▇▇▇▇ Products Gross Margin during the Performance Period, in the amount and calculated in the manner set forth in Exhibit B-2.
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Related to Target Gross Margin

  • Gross Margin With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.

  • 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;

  • 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.

  • Buyer’s Margin Amount”, with respect to any Transaction as of any date, the amount obtained by application of the Buyer’s Margin Percentage to the Repurchase Price for such Transaction as of such date;

  • EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.