Excess Net Profits. The amount of Net Profits that exceeds the Allowable Net Profits for the applicable accounting period as determined in accordance with the Exemption Law.
Appears in 3 contracts
Samples: Redevelopment Agreement, Financial Agreement, Financial Agreement
Excess Net Profits. The amount of Net Profits that exceeds the Allowable Net Profits (ANP) for the applicable accounting period as determined in accordance with the Exemption Law.
Appears in 2 contracts
Samples: Financial Agreement, Financial Agreement for Long Term Tax Exemption
