Gross Profit Amount definition

Gross Profit Amount means for each Earnout Period, the aggregate amount of Gross Profit during such Earnout Period.
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Gross Profit Amount means, for any period of calculation, an amount equal to Gross Profit Amount determined in accordance with the Accounting Principles and determined consistent with the methodology illustrated on S chedule C-II. An illustrative calculation of Gross Profit Amount for the period covering January 1, 2016 and ending December 31, 2016 is set forth on S chedule C-II.
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Gross Profit Amount means, for any period of calculation, an amount equal to Gross Profit Amount determined in accordance with the Accounting Principles and determined consistent with the methodology illustrated on Schedule C-II. An illustrative calculation of Gross Profit Amount for the period covering January 1, 2016 and ending December 31, 2016 is set forth on Schedule C-II.
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Examples of Gross Profit Amount in a sentence

  • An accumulated tier 1 surplus royalty gross profit amount ("Accumulated Tier 1 Surplus Royalty Gross Profit Amount") shall be calculated for an Exploitation Licence as the sum of (1) an amount for the year corresponding to the Annual Profit Calculation Basis determined according to section 12.15 for the surplus royalty payable under the Exploitation Licence according to section 12.13(a) and (2) the accumulated balance at the beginning of the year of equivalent amounts for the preceding years.

  • An accumulated tier 2 surplus royalty gross profit amount ("Accumulated Tier 2 Surplus Royalty Gross Profit Amount") shall be calculated for an Exploitation Licence as the sum of (1) an amount for the year corresponding to the Annual Profit Calculation Basis determined according to section 12.15 for the surplus royalty payable under the Exploitation Licence according to section 12.13(b) and (2) the accumulated balance at the beginning of the year of equivalent amounts for the preceding years.

  • An accumulated tier 3 surplus royalty gross profit amount ("Accumulated Tier 3 Surplus Royalty Gross Profit Amount") shall be calculated for an Exploitation Licence as the sum of (1) an amount for the year corresponding to the Annual Profit Calculation Basis determined according to section 12.15 for the surplus royalty payable under the Exploitation Licence according to section 12.13(c) and (2) the accumulated balance at the beginning of the year of equivalent amounts for the preceding years.

  • A percentage rate ("Tier 1 Accumulated Percentage") shall be calculated as the Accumulated Tier 1 Surplus Royalty Gross Profit Amount multiplied by 100 and divided by the Accumulated Surplus Royalty Turn-over Amount, both as defined in this section 12.16.

  • A percentage rate ("Tier 3 Accumulated Percentage") shall be calculated as the Accumulated Tier 3 Surplus Royalty Gross Profit Amount, as defined in this section 12.17 multiplied by 100 and divided by the Accumulated Surplus Royalty Turn-over Amount, as defined in section 12.16.

  • A percentage rate ("Tier 2 Accumulated Percentage") shall be calculated as the Accumulated Tier 2 Surplus Royalty Gross Profit Amount, as defined in this section 12.16 multiplied by 100 and divided by the Accumulated Surplus Royalty Turn-over Amount, as defined in section 12.16.

  • If the Gross Profit for the fiscal year ended December 31, 2018, as finally determined pursuant to this Section 2.4(b)(ii), is equal to or in excess of the Target Gross Profit Amount, then, within ten (10) days following the date of final determination hereunder, Purchaser shall pay, by wire transfer of immediately available funds to the account(s) designated in writing by the Sellers, the Gross Profit Earnout Amount, allocated between the Sellers in proportion to their Percentage Interests.

  • A percentage rate ("Tier 3 Accumulated Percentage") shall be calculated as the Accumulated Tier 3 Surplus Royalty Gross Profit Amount, as defined in this section 12.178 multiplied by 100 and divided by the Accumulated Surplus Royalty Turn-over Amount, as defined in section 12.16.

  • An accumulated tier 2 surplus royalty gross profit amount ("Accumulated Tier 2 Surplus Royalty Gross Profit Amount") shall be calculated for an Exploitation Licence as the sum of (1) an amount for the year corresponding to the Annual Profit Calculation Basis determined according to section 11.19 for the surplus royalty payable under the Exploitation Licence according to section 11.17(b) and (2) the accumulated balance at the beginning of the year of equivalent amounts for the preceding years.

  • A percentage rate ("Tier 1 Accumulated Percentage") shall be calculated as the Accumulated Tier 1 Surplus Royalty Gross Profit Amount multiplied by 100 and divided by the Accumulated Surplus Royalty Turn-over Amount, both as defined in this section 11.20.


More Definitions of Gross Profit Amount

Gross Profit Amount as defined in Section 2.2(c)(iii). -------------------
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Gross Profit Amount for the period ended as of the end of any particular calendar quarter, shall be the aggregate amount of the Gross Profit during the four immediately preceding consecutive calendar quarters.
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Gross Profit Amount means the gross profit of the Purchaser in respect of the Product as included in its financial statements prepared in accordance with U.S GAAP;
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Related to Gross Profit Amount

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Gross Revenue means:

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000,(ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Earnout Period has the meaning set forth in Section 3.6(a).

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;