Net Operating Profits and "Net Operating Losses" means for each taxable year of the Company an amount equal to the Company's net income or loss for such year as determined in accordance with the Federal income tax accounting methods and rules used by the Company on its Federal Partnership Information Return, but excluding Net Disposition Profits and Net Disposition Losses, and increased by any non-taxable income received by the Company and decreased by any non-deductible expenses incurred by the Company.
Net Operating Profits means, for any period, the positive amount obtained by subtracting Operating Losses (determined as provided in Schedule C hereto) for such period from Operating Profits (determined as provided in Schedule C hereto) for such period.
Net Operating Profits. With respect to any period, shall mean the excess --------------------- of aggregate income earned during (or attributable to) such period by the Company (and not by any Portfolio Company or Investment) from all sources whatsoever (other than net gain from the sale, purchase, exchange or distribution of Portfolio Securities) over all expenses incurred during (or attributable to) such period by the Company (other than expenses directly relating or attributable to the sale, purchase, exchange or distribution of Portfolio Securities), such Net Operating Profits to be computed in accordance with applicable U.S. federal income tax accounting principles and (to the extent possible) with generally accepted accounting principles.
Examples of Net Operating Profits in a sentence
Parent will not permit Parent Cumulative Net Operating Profits (x) for fiscal year 1996, to be less than negative $12,000,000 as of the end of any fiscal quarter and (y) for each fiscal year thereafter, as of the end of any fiscal quarter, to be less than $1.
Company will not permit Company Cumulative Net Operating Profits to be less than (x) $5,000,000 for the fiscal quarter ending March 31, 1996, (y) $9,000,000 for the fiscal quarter ending June 30, 1996 and (z) $29,100,000 for fiscal year 1996.
EBIT (Earnings Before Interest & Tax)/NOP (Net Operating Profits) of the firm are given and is expected to remain constant.
Consolidated Net Operating Profits before Loan Losses Net operating profit before loan losses increased by 41.6% YTD7 in 2014 in comparison to 2013.
Consolidated Net Operating Profits before Loan Losses Our net operating income increased by Ch$90,705 million in 2Q 2014 YoY, equivalent to a 58.7% growth rate.
More Definitions of Net Operating Profits
Net Operating Profits means all revenue actually produced from the Website during any calendar year less Operating Costs.
Net Operating Profits shall, with respect to any Accounting Period, mean the excess, if any, of (A) the aggregate income (including amounts paid to the Partnership in accordance with Section 3.08(b)) earned during such Accounting Period other than from the sale or purchase of Securities over (B) all expenses paid (without duplication for accruals from prior periods) or accrued during such Accounting Period, including, but not limited to, the Management Fee and the amount of Asset-Based Special Interest Allocations incurred during such Accounting Period by the Partnership (other than expenses incurred in the sale or purchase of Securities).
Net Operating Profits shall, with respect to any period, mean the excess of the expenses incurred during such period by the Partnership over the aggregate income earned during such period by the Partnership from all sources whatsoever;
Net Operating Profits means the gross revenues actually received by Ecesis from the sale of the Products less the costs of the Products sold and a reasonable allocation of Ecesis' overhead. Ecesis shall pay Polychem by the tenth (10th) day of each month the royalties that accrued during the previous month computed on the basis of payments received during such month. At the time of such payment, Ecesis shall provide to Polychem a report of all sales of Products completed during such month, the amount of payments received for Products during such month, the cost of the Products sold in which payment was received by Ecesis during such month, Ecesis allocation of its overhead with respect to such Products and royalties paid to Polychem with respect thereto.
Net Operating Profits with respect to any period, shall mean the excess of aggregate income earned during such period by the Company from all sources whatsoever (other than net gain from the sale, purchase, exchange or distribution of Portfolio Securities) over all expenses incurred during (or attributable to) such period by the Company (other than expenses directly relating or attributable to the sale, purchase, exchange or distribution of Portfolio Securities), such Net Operating Profits to be computed in accordance with applicable U.S. federal income tax accounting principles and (to the extent possible) with generally accepted accounting principles.
Net Operating Profits as used herein, means the net operating profits after taxes as determined and certified by the independent certified public accountants regularly retained by Company in accordance with sound accounting principles and in accordance with the past accounting practices of Company.
Net Operating Profits means, with respect to a fiscal period, the net income of the Partnership for Federal income tax purposes during such period excluding any Net Capital Profits, as determined by the General Partner.