Business profit definition

Business profit means the average net income for federal income tax purposes for the three years
Business profit means the average net income for federal income tax purposes for the three years immediately prior to the later of (i) the date of valuation or (ii) the date the state agency or its contractor prevents the owner from using the land or any of the owner's other property rights are taken, for a business or farm operation located on the property taken.
Business profit means, with respect to any Earnout Period, the operating cash flow of Purchaser and its Affiliates from operations directly attributable to the Earnout Products, less (without duplication and solely to the extent the following items have not been taken into account in the calculation of operating cash flow) (a) all capital expenditures of the Business in respect of operations directly attributable to the Earnout Products to the extent allocable to such Earnout Period, in each case, determined in accordance with GAAP, and to the extent consistent therewith, the methodologies and principles used in the preparation of Purchaser’s financial statements filed with the SEC, (b) the costs and expenses incurred by Purchaser of any substitutions or amendments (excluding, for the avoidance of doubt, any costs or expenses relating to obtaining any consents, approvals or similar authorizations) obtained as contemplated by Section 2.7(c) and (c) any payments made by Purchaser to Seller under the Transition Services Agreement.

Examples of Business profit in a sentence

  • Business profit is also addressed in this clause with authority granted to the Directors to make decisions regarding capital expenditure and how this will be funded.

  • The estimated Business profit for the period from December 31, 2002 to April 30, 2003 amounts to Euros (30,000).


More Definitions of Business profit

Business profit means the average net income for federal income tax purposes for the three years immediately prior to the valuation date of a business or farm operation located on the property taken.
Business profit. The Business Profit amount is the difference between the Direct Buy and the Wholesale price. Training Sale: Any sale made that counts toward a Business Owners Training at a respective Product Level whereby the Qualified Upline Business Trainer retains 50% the Business Profit. Enrolling Others: Bringing someone into the business; enrolling someone as a Wealth Training Business Owner. Every Business Owner is eligible to enrol others as Wealth Training Business Owners. No money is earned by any Business Owner by simply enrolling others. Indirect Personal Sale: A Personal Sale made by someone you have enrolled. Line; Business Organisation: A line consists of both Upline and Downline members relative to a particular Business Trainer. Only a Business Trainer is eligible to build a downline at their respective product(s) they have been trained in and been accepted by Wealth Training as a Qualified Business Trainer. Upline is a term used to describe the people who are above a person in the organisation.
Business profit means, with respect to any Earnout Period, the operating cash flow of Purchaser and its Affiliates from operations directly attributable to the Earnout Products, less (without duplication and solely to the extent the following items have not been taken into account in the calculation of operating cash flow)
Business profit means the industrial margin before the allocation of overhead and administrative costs (“G&As”) and research and development expenses;

Related to Business profit

  • Gross Profit means sales minus the cost of goods sold.

  • Annual Business Plan means the development plan and budget report for Party B’s Business in the next calendar year which is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

  • Supplier Profit means, in relation to a period or a Milestone (as the context requires), the difference between the total Call Off Charges (in nominal cash flow terms but excluding any Deductions) and total Costs (in nominal cash flow terms) for the relevant period or in relation to the relevant Milestone;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

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