Minimum Net Profit definition

Minimum Net Profit means the sum of £ [amount]
Sample 1Sample 2
Minimum Net Profit means $8.39 million in 2016 and $20.90 million in 2017, each as calculated in accordance with and verified by the annual financial statements of Cxxxxxx for the respective year approved by GSI;
Sample 1
Minimum Net Profit means the sum of Rs [amount].
Sample 1

Examples of Minimum Net Profit in a sentence

  • Minimum Adjusted Quick Ratio (Monthly) 1.0:1.0 _____:1.0 Yes No Minimum Net Profit (Quarterly) $ * $ Yes No *As set forth in Section 6.7(b) of the Agreement.

  • Pursuant to the Share Purchase Agreement, in the event that Kun Peng fails to achieve the above total Minimum Net Profit for the three financial years ending 31 December 2020, the Company will buy back a certain number of the Consideration Shares at nil consideration upon determination of the total Net Profit for such years.

  • Data obtained was analyzed using descriptive statistic, frequency and percentage scores, mean scores and standard deviation t-test at 0.05 level of significance.

  • Lenders have agreed to Borrowers' requests on the condition that Borrowers agree to: (i) a permanent reduction in the Maximum Revolver Amount and agree to prepay a portion of the outstanding balance under the Term Loan, (ii) the addition of a Minimum Net Profit Covenant, (iii) a change in the pricing for the Advances and the Term Loan, and (iv) the other terms and conditions contained in this Amendment.

  • Since the amount of the New Earn Out Consideration potentially payable to the Management Vendors depends on the future Net Profit of NCM in each of the New Earn Out Years, we consider the implied P/E ratio of NCM as represented by the Reference Minimum Net Profit and the Reference Maximum Net Profit under Scenario 1 and 2 respectively to be more relevant from perspective of the Independent Shareholders.

  • Borrower acknowledges that it is currently in default under the Loan Agreement by its failure to comply with (a) the Adjusted Quick Ratio covenant set forth in Section 6.7(a) thereof, and (b) the Minimum Net Profit covenant set forth in Section 6.7(b) thereof, each for the month ended March 31, 2012 (collectively, the “Existing Default”).

  • If Cxxxxxx does meet both the Minimum Sales Targets and Minimum Net Profit applicable to 2017, then the 2017 Certificates will be released from escrow and mailed to the Seller Stockholders in accordance with instructions they provide.

  • This property has been retained by the City for future development in accordance with its LRPMP.

  • We commissioned this report with the aim of developing a substantiated and well-documented approach to an often polarised debate between proponents and opponents of the Treaty.

  • Section 2.14 of the Agreement is hereby amended to create a "Minimum Net Profit" requirement as follows: The Borrower shall achieve an after-tax profit of at least $1 for each calendar quarter commencing for the calendar quarter ending 9/30/99.


More Definitions of Minimum Net Profit

Minimum Net Profit means the sum of R[amount]
Sample 1

Related to Minimum Net Profit

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • Net Profit means such profit as is calculated in accordance with paragraph 61;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Gross Profits means the gross profits calculated under section 4;

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Total Profit means the aggregate amount (before taxes) of the following: (i) the amount received by Grantee pursuant to Issuer's repurchase of the Option (or any portion thereof) pursuant to Section 7, (ii) (x) the amount received by Grantee pursuant to Issuer's repurchase of Option Shares pursuant to Section 7, less (y) the Grantee's purchase price for such Option Shares, (iii) (x) the net cash amounts received by Grantee pursuant to the sale of Option Shares (or any other securities into which such Option Shares are converted or exchanged) to any unaffiliated party, less (y) the Grantee's purchase price of such Option Shares, (iv) any amounts received by Grantee on the transfer of the Option (or any portion thereof) to any unaffiliated party, and (v) any amount equivalent to the foregoing with respect to the Substitute Option.

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • Net Sales Revenue shall have the meaning as set out in Schedule "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;

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • EPS means earnings per share.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • net non-operating income means the difference between: (A) revenues from all sources other than those related to operations; and (B) expenses, including taxes and payments in lieu of taxes, incurred in the generation of revenues in (A) above.

  • EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.

  • Minimum Necessary means the least amount of PHI necessary to accomplish the purpose for which the PHI is needed.

  • Adjusted Net Operating Income means, with respect to a Property for any given period, Net Operating Income of such Property for such period minus Capital Reserves for such period.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is:

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.