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,..).

  • Subject to Section 5.3, but in addition to the earnings described in Section 5.1, the balance of the Basic Excess 401(k) Sub-Account, the Excess Employer Contribution Sub-Account, the Transitional Sub-Account and the Excess Profit Sharing Sub-Account as of the last day of the month prior to the payment date shall each be increased by an additional 15%.

  • The last Excess Profit Sharing Benefits that are credited to the Excess Profit Sharing Sub-Account shall be for the 2007 Plan Year.

  • The Commission also requested a list of rulings concerning the application of the Excess Profit exemption.

  • All amounts credited to a Participant’s Sub-Accounts for each Plan Year (including the Excess Profit Sharing Benefits, earnings and the uplift that are credited after the end of a Plan Year) shall automatically be paid to the Participant (or his Beneficiary in the event of his death) in the form of a single lump sum payment on March 15th of the immediately following Plan Year.


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, if any, by which Profit exceeds the Developer's Base
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 Net Profit above the agreed Net Profit Margin in any Contract Year;
Excess Profit means the amount, if any, by which (a) the Year-to-Date Earnings exceed (b) the result of (i) the Agreed Profit MINUS (ii) any income tax liability of the Companies on the Agreed Profit that the Seller has not paid or agreed to pay under SECTION 5.4(d)(iii).
Excess Profit. The excess over two point five percent (2.5%) of the annual profit before income taxes as reported in the audited financial statements for the period of July 1, 2017 to June 30, 2018. Excess Profits are to be shared between the Contractor or the Subcontractors and ASES, as provided in Sections 22.1.18 and 22.1.19. Overpayment: Any funds that a person or entity receives which that person or entity is not entitled to under Title XIX of the Social Security Act. Overpayments shall not include funds that have been subject to a payment suspension or that have been identified as a Third Party Liability as set forth in Section 23.4. Performance Improvement Projects (PIPs): Projects consistent with 42 CFR 438.330. Primary Care: All health care services and laboratory services customarily furnished by or through a general practitioner, family physician, internal medicine physician, obstetrician/gynecologist, pediatrician, or other licensed practitioner as authorized by ASES, to the extent the furnishing of those services is legally authorized where the practitioner furnishes them.