Adjusted Profits definition

Adjusted Profits means the earnings of the Business calculated in accordance with GAAP plus any interest or amortization payments.
Sample 1Sample 2
Adjusted Profits means the audited consolidated net profits of the Group, less non- recurring and extraordinary items, as reflected in its Accounts;
Sample 1
Adjusted Profits means, for any year, the result of (i) GAAP PBT (as defined and calculated pursuant to the Operating Agreement) for such year, minus (ii) all Acquisition Company PBT (as defined and calculated pursuant to the Operating Agreement) for such year plus (iii) any Acquisition Free Cash Flow (as defined and calculated pursuant to the Operating Agreement) for such year.
Sample 1

Examples of Adjusted Profits in a sentence

  • By way of example only, if each Common Interest of Parent is exchanged for two Shares, and the Participant holds 10 Profits Interests, then the Adjusted Profits Interests Number is 20.

  • The Stakeholder Committee has had a challenging time in developing a set of recommendations for environmental flow standards to maintain a sound ecological environment in the two river basins and in the highly productive Galveston Bay system.

  • SOME FORM): THIS IS THE PRIMARY VALUATION MODEL: (Present Value) P V = E / C (Earnings / CAP rate)1) Earnings = Net Adjusted Profits – minus appropriate Dr. Compensation.

  • By way of example only, if each Common Interest of Parent was exchanged for two Shares, and the Participant held 10 Profits Interests, then the Adjusted Profits Interests Number would be 20.

  • The other denomination was called the “synodical Reformed Churches.” Regardless of how all of these tragic events are viewed, one must take note of the fact that the Liberated churches were the fourth largest denomination in the Netherlands at this stage, along with the Roman Catholics, the national Dutch Reformed Church, and the synodical Reformed Churches.

  • Simultaneously with its delivery of the Contingent Payment Income Statement, Buyer will deliver to Xxxxxxxxx Buyer's calculation of the Adjusted Profits and the Adjusted Profits Multiple.

  • In the event that the Company achieves Adjusted Profits and Operating Cash Flow of at least RMB 1.5 billion and RMB 1.0 billion respectively in at least one financial year during the Exercise Period, the Warrants Redemption Premium shall be waived and will not be payable by the Company.

  • In the event that the Company achieves both the Adjusted Profits and Operating Cash Flow of at least RMB 1.5 billion and RMB 1.0 billion respectively in at least one financial year prior to the Maturity Date, the Restructuring Warrants Redemption Premium shall be waived and will not be payable by the Company.

  • Determine the Net Adjusted Profits by removing all “Elective” expenses and adding them back as Adjusted Profit.

  • We have examined the ‘Statement of Accounting Ratios’ of the Company for each of the financial years ended on 31st March, 2002, 2003, 2004, 2005, 2006 enclosed as Annexure VII to this report and confirm that they have been correctly computed from the figures as stated in the ‘Statement of Adjusted Profits and Losses’ and ‘Statement of Assets and Liabilities’ of the Company and read with the Notes appended in Annexure IV.


More Definitions of Adjusted Profits

Adjusted Profits will be defined consistent with the Existing Agreement, the parties acknowledging that, as previously agreed, (1) there will be no deductions for distribution fees, general sales overhead or indirect expenses (including without limitation NATPE) of King World or for HARPO talent fees, (2) King World shall use reasonable efforts, consistent with its reasonable business judgment, to repatriate foreign receipts to the United States, (3) retransmission fees and like amounts received by King World will be included in Gross Receipts, (4) to the extent that King World excludes taxes from Gross Receipts, Gross Receipts shall include the equivalent value of any corresponding tax savings realized by King World in connection with the payment of such taxes, and (5) recoupment of distribution expenses will be further qualified as set forth in Exhibit A.
Sample 1
Adjusted Profits or "loss" as used above for any year mean net income or net loss for such year determined according to recognized accounting principles and practices except as follows:
Sample 1
Adjusted Profits means the profits after tax of the Target Group as adjusted by:
Sample 1
Adjusted Profits means the net income, if any, of the Business as reflected on the Adjusted Contingent Payment Income Statement.
Sample 1

Related to Adjusted Profits

  • unrealized profits means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d)(i) or 5.5(d)(ii).

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Adjusted Net Income ’ means net income adjusted for non-cash expenses (income) such as amortization of intangible assets, deferred income taxes, and certain other expenses (income). The Company believes that Adjusted net income is useful supplemental information as it provides an indication of the results generated by the Company’s main business activities prior to taking into consideration amortization of intangible assets, deferred income taxes, and certain other non-cash expenses (income) incurred or recognized by the Company from time to time. ‘‘Adjusted net income margin’’ refers to the percentage that Adjusted net income for any period represents as a portion of total revenue for that period.

  • Net Income or Net Loss means, for each Fiscal Year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period, as determined for federal income tax purposes, determined by the Accountants in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), with the following adjustments:

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Adjusted Funds From Operations means, for any period, Net Cash Flows From Operating Activities for such period plus Interest Expense for such period minus (x) the portion (but not less than zero) of Net Cash Flows From Operating Activities for such period attributable to any consolidated Subsidiary that has no Debt other than Nonrecourse Indebtedness and (y) After-Tax Transitional Funding Instrument Revenue for such period.

  • Gross Income from Operations means, during any period, all sustainable income as reported on the financial statements delivered by Borrower in accordance with this Agreement, computed in accordance with GAAP, derived from the ownership and operation of the Property from whatever source during such period, including (i) Rents from Tenants that are in occupancy, open for business and paying full contractual rent without right of offset or credit, (ii) utility charges, (iii) escalations, (iv) forfeited security deposits, (v) interest on credit accounts, (vi) service fees or charges, (vii) license fees, (viii) parking fees, (ix) rent concessions or credits, (x) income from vending machines, (xi) business interruption or other loss of income or rental insurance proceeds, (xii) other required pass-throughs and (xiii) interest on Reserve Funds, if any, but excluding (i) Rents from month-to-month Tenants, Tenants during a free-rent period, or Tenants that are included in any Bankruptcy Action, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income or rental insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds, if any. Gross income shall not be diminished as a result of the Security Instrument or the creation of any intervening estate or interest in the Property or any part thereof.

  • Adjusted Net Operating Income means, with respect to a Property for any given period, Net Operating Income of such Property for such period minus Capital Reserves for such period.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Consolidated Adjusted Net Income means, for any period, the net income (or net loss) of the Company and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP, adjusted to the extent included in calculating such net income or loss by excluding:

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Consolidated Net Income (Loss) of any Person means, for any period, the Consolidated net income (or loss) of such Person and its Subsidiaries for such period on a Consolidated basis as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income (or loss), by excluding, without duplication, (i) all extraordinary gains or losses (exclusive of all fees and expenses relating thereto), (ii) the portion of net income (or loss) of such Person and its Subsidiaries on a Consolidated basis allocable to minority interests in unconsolidated Persons to the extent that cash dividends or distributions have not actually been received by such Person or one of its Subsidiaries, (iii) net income (or loss) of any Person combined with such Person or any of its Subsidiaries on a “pooling of interests” basis attributable to any period prior to the date of combination, (iv) any gain or loss, net of taxes, realized upon the termination of any employee pension benefit plan, (v) net gains (or losses) (except for all fees and expenses relating thereto) in respect of dispositions of assets other than in the ordinary course of business, (vi) the net income of any Subsidiary to the extent that the declaration of dividends or similar distributions by that Subsidiary of that income is not at the time permitted, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary or its stockholders, (vii) any gain arising from the acquisition of any securities, or the extinguishment, under GAAP, of any Indebtedness of such Person, (viii) transaction costs charged in connection with the Refinancing, or (ix) amortization of intangible assets of such Person and its Subsidiaries on a consolidated basis under GAAP.

  • Consolidated Net Loss for any fiscal period, means the amount which, in conformity with GAAP, would be set forth opposite the caption "net income" (or any like caption), as the case may be, on a consolidated statement of earnings of the Borrower and its Subsidiaries, if any, for such fiscal period.

  • Adjusted Gross Sales means for either party distributing and selling Product (in this Section the “Selling Party”):

  • Gross Profits means the gross profits calculated under section 4;

  • Adjusted Consolidated Net Income means, for any period, Consolidated Net Income for such period plus the sum of the amount of all net non-cash charges (including, without limitation, depreciation, amortization, deferred tax expense and non-cash interest expense) and net non-cash losses which were included in arriving at Consolidated Net Income for such period, less the amount of all net non-cash gains and non-cash credits which were included in arriving at Consolidated Net Income for such period.

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Cash from Operations means the net cash realized by the Company from any source other than a Capital Transaction, after payment of all cash expenditures of the Company, including, but not limited to, all operating expenses including all fees payable to the Manager or Affiliates, all payments of principal and interest on indebtedness, expenses for repairs and maintenance, capital improvements and replacements, and such reserves and retentions as the Manager reasonably determines to be necessary and desirable in connection with Company operations with its then existing assets and any anticipated acquisitions.

  • Adjusted Capital Account Deficit means, with respect to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year, after giving effect to the following adjustments: