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:

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

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

Examples of Excess Profit in a sentence

• The above mentioned criteria express on the one hand financial criteria and drivers of how the business is steered (Return on Equity, Return on Capital Employed, Excess Profit,..).

• As a consequence, a company actually recording high (excess) profit in its normal course of business cannot benefit from the Excess Profit exemption.

• The Excess Matching Sub-Account and the Excess Profit Sharing Sub-Account are intended to be exempt from the requirements of Code Section 409A.

• Consequently, outside the Excess Profit exemption, in principle the profit subject to tax will be the same whether agreed ex ante in a ruling or ex post in a tax return.

• Some of the cases that have already been decided on involve126 Luxembourg granting state aid to Fiat, the Netherlands granting aid to Starbucks, the Excess Profit exemption in Belgium and Ireland giving aid to Apple.

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

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 with respect to any Capital Event the sum of the Project’s gross proceeds less the sum of (i) transaction closing costs, (ii) debt repayment, (iii) required deposits to lender reserves, (iv) payments of any remaining portion of development fee and overhead, (v) a full return of Developer’s equity including any advances during the operating period, and (vi) payments required by any subordinate lenders. The amount of Capital Event Rent due in each instance shall be evidenced by the Developer’s current audited financial statements and transaction settlement statements, reasonably acceptable to the Town. Notwithstanding the foregoing, the initial construction and permanent financing for the Project shall not be considered a Capital Event.

Excess Profit means the Extraordinary Preferential Payment which has been declared by the Guernsey Company.

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.