Average Net Profits definition

Average Net Profits means the average net profits of the Company as defined under the Act and the Rules based on which a specific percentage for CSR Expenditure has to be calculated.
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Average Net Profits means the profit as computed as per section 198 of the Companies Act, 2013.
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Average Net Profits means fifty percent (50%) of the total Net Profits of the Corporation for the two-year period ending on the last day of the most recently ended calendar quarter for which financial statements were available prior to the occurrence of the applicable Section 8 Offer Event, Sale Event or Put Event, as the case may be, as determined by the Board in its reasonable discretion in conjunction with the Corporation's independent accountants, within 45 days of the occurrence of such Event; the term "Net Profits" shall mean the net
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Examples of Average Net Profits in a sentence

  • Subject to adjustment as provided in Section 1.02(i), the “State’s Incremental Costs” for any period shall mean the Incremental Costs for such period multiplied by the State’s Actual Weighted Average Net Profits Percentage Interest in Tract Nos.

  • The “State’s Incremental Development Costs” for any period shall mean the Incremental Development Costs for such period multiplied by the State’s Actual Weighted Average Net Profits Percentage Interest in Tract Nos.

  • The “State’s Incremental Revenues” for any period shall mean the Incremental Revenues for such period multiplied by the State’s Actual Weighted Average Net Profits Percentage Interest in Tract Nos.

  • The “State’s Base Costs” for any period shall mean the Base Costs for such period multiplied by the State’s Actual Weighted Average Net Profits Percentage Interest in Tract Nos.

  • For purposes of this Agreement, the term "Value per Share" as of any date shall mean the product of fifteen multiplied by Average Net Profits (as defined below), multiplied by a fraction whose numerator is one and whose denominator is the number of shares of Common Stock then issued and outstanding.

  • The “State’s Actual Net Profits” for any period shall mean the difference between Actual Revenues and Actual Costs for such period multiplied by the State’s Actual Weighted Average Net Profits Percentage Interest in Tract Nos.

  • The “State’s Base Revenues” for any period shall mean the Base Revenues for such period multiplied by the State’s Actual Weighted Average Net Profits Percentage Interest in Tract Nos.