Common use of Net Profit Clause in Contracts

Net Profit. The gross revenue of the Entity, less all operating and non-operating expenses of the Entity, all determined in accordance with generally accepted accounting principles and the provisions of N.J.S.A. 40A:20-3(c).

Net Profit. The gross revenue of the Entity, Entity less all operating and non-non- operating expenses of the Entity, all calculated on a cumulative basis from Substantial Completion through the most recent fiscal year, as determined in accordance with generally accepted accounting principles and the provisions of N.J.S.A. 40A:20-3(c).

Net Profit. The gross revenue of the Entity, Entity less all operating and non-non- operating expenses of the Entity, all determined in accordance with generally accepted accounting principles and the provisions of N.J.S.A. 40A:20-3(c).

Net Profit. The gross revenue Gross Revenue of the Entity, Entity less all operating and non-non- operating expenses of the Entity, all as determined in accordance with generally accepted accounting principles and the provisions of N.J.S.A. 40A:20-3(c).