Gross Profit Amount definition

Gross Profit Amount means for each Earnout Period, the aggregate amount of Gross Profit during such Earnout Period.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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;
Sample 1Sample 2

Examples of Gross Profit Amount in a sentence

  • The Committee shall determine the basis, methodology and calculation for, and any estimates used in, determining the prorated Actual Gross Profit Amount and prorated Minimum Gross Profit Level for the portion of the fiscal year preceding the Change in Control Date.

  • 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.

  • In the event a dispute is submitted to the Referee in connection with the determination of the Actual Gross Profit Amount, the costs and expenses of the Referee will be borne by the Parties in such proportion as is appropriate to reflect the relative benefits received by the Pioneer Parties and the Representative on behalf of the Company Members and the UAR Holders from the resolution of the Earn-out Dispute.

  • As soon as practicable after the Company's fiscal year ending December 31, 1997, but in no event later than 90 days thereafter, the Buyer, in accordance with Section 1.03(c) below, shall calculate the consolidated Gross Profit of APP for the year ended December 31, 1997 (the "1997 Gross Profit Amount").

  • Pioneer Investment and the Representative shall each provide to the Referee and the other Party a statement of its position as to calculation of the Actual Gross Profit Amount and whether an Earn-out Amount is due within fifteen (15) days from the date of the referral to the Referee.

  • If at any time Pioneer Investment and the Representative resolve their dispute, then, notwithstanding the preceding provisions of this Section 2.12(b), the Referee’s involvement promptly shall be discontinued and the Earn-out Statement shall be revised, if necessary, to reflect such resolution and the Earn-out Statement and thereupon the calculation of the Actual Gross Profit Amount and whether any Earn-out Amount is due shall be final and binding for all purposes of this Agreement.

  • The Referee shall make a written determination as promptly as practicable, but in any event within thirty (30) days after the date on which the dispute is referred to the Referee, by determining the Actual Gross Profit Amount; provided, that the Actual Gross Profit Amount as determined by the Referee may not be greater than the greatest value for Actual Gross Profit Amount claimed by any Party or less than the smallest value for Actual Gross Profit Amount claimed by any Party.

  • The Base Profit Amount shall be equal to the higher of (i) the 1997 Gross Profit Amount, or (ii) $12,000,000.

  • If, based on the Actual Gross Profit Amount, an Earn-out Amount is due, such Earn-out Amount shall be due and payable as provided in Section 2.12(c).

  • The Buyer shall notify the Schedule 1.03 Sellers in writing of its calculation of the 1997 Gross Profit Amount promptly following its calculation thereof.


More Definitions of Gross Profit Amount

Gross Profit Amount as defined in Section 2.2(c)(iii). -------------------
Sample 1
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.
Sample 1
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.
Sample 1

Related to Gross Profit Amount

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

  • Earnout Period has the meaning set forth in Section 2.5(a)(iii).

  • 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;