Excess Profit definition

Excess Profit means, in respect of a Profit Lock-In Date, an amount determined by the Determination agent equal to the greater of (a) zero and (b) an amount equal to the product of:

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Excess Profit means the net income or loss of a covered person for the year of income less—

Excess Profit means the payment calculated on the Calculation Date in accordance with paragraph 8.7.

Examples of Excess Profit in a sentence

• To the extent the Stockholder does not receive cash in an amount equal to or greater than the Excess Profit from the consummation of such Company Takeover Proposal, the Excess Profit paid under this Section 4(a) shall be paid within five Business Days after consummation of such Company Takeover Proposal by wire transfer of same day funds to an account designated by Parent or within two Business Days of the determination of Fair Market Value pursuant to Section 4(c) below, if later.

• Any payment of Excess Profit under this Section 4(a) shall be paid within two Business Days after consummation of the applicable Company Takeover Proposal by wire transfer of same day funds to an account designated by Parent to the extent the Stockholder receives cash in an amount equal to or greater than the Excess Profit from the consummation of such Company Takeover Proposal.

• The Excess Profit shall be paid to Parent irrespective of any amounts Parent receives as a consequence of breakup or termination fees, if any, they receive pursuant to the Acquisition Agreement, except that such fees are permitted to be included in the costs and expenses to be deducted from the calculation of the Excess Profit below to the extent that such fees are paid by ACE Hi out of the proceeds of such Alternative Disposition.

• Decision 2016/1699 of 11 January 2016 on the Excess Profit Exemption State Aid Scheme SA.37667 (2015/C) (ex 2015/NN) implemented by Belgium.

• The Auditor shall determine as promptly as practicable whether the IAP Final Statement and the calculation of the IAP Final Excess Profit set forth therein was prepared in accordance with the standards set forth in this Agreement and, only with respect to the disagreements submitted to the Auditor, whether and to what extent (if any) the Estimated Excess Profit requires adjustment.

More Definitions of Excess Profit

Excess Profit means the Net Profit above a Net Profit Margin of [ ] per cent ([ ]%) in any Contract Year;13

Excess Profit means, with respect to any Employment Year, the Pre-Tax Income for such Employment Year minus five percent (5%) of the Net Sales Revenue for such Employment Year (excluding Net Sales Revenue attributable to acquisitions occurring on or after the Effective Date).

Excess Profit means the amount by which the Alternative Disposition Consideration exceeds the Baseline Amount (but not less than zero) calculated consistent with the methodology set forth in Schedule 2 hereto.

Excess Profit means the amount, if any, by which Profit exceeds the Developer's Base

Excess Profit shall have the meaning set forth in Section 4(e) of this Rider.

Excess Profit means the amount by which the Net Margin for the applicable fiscal year exceeds the Profit Threshold for the Plan Year. "Net Margin" means the amount by which Adjusted Earnings Before Shareholder Compensation for the applicable Plan Year exceeds Shareholder Compensation for such Plan Year. "Profit Threshold" means the following amounts for the Plan Years shown: 1999 $1,295,000 2000 $1,372,700 2001 $1,455,062 2002 $1,542,366 2003 $1,634,908 2004 $1,733,002

Excess Profit means any Total Proceeds received in any calendar year after the Loan Repayment Date in excess of any positive Lot Cost Basis Interim Balance in such calendar year and any positive Developer Equity Balance in such calendar year.