Common use of Calculation of Profits Clause in Contracts

Calculation of Profits. a. Profit shall be defined as Income from Operations of the Company, calculated on a consolidated basis in accordance with the United States Generally Accepted Accounting Principles (GAAP) or any successor reporting requirements such as International Financial Reporting Standards, with the following exclusions:

Appears in 5 contracts

Samples: Agreement (United States Steel Corp), Agreement, Agreement

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Calculation of Profits. a. Profit shall be defined as Income from Operations of the Company, calculated on a consolidated basis in accordance with the United States Generally Accepted Accounting Principles (GAAP) or any successor reporting requirements such as International Financial Reporting Standards), with the following exclusions:

Appears in 1 contract

Samples: Agreement

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