Net Earnings (Loss) definition

Net Earnings (Loss) means, for any fiscal period, Debtor’s after tax net income (loss), decreased by the sum of any extraordinary or non-operating income recorded by Debtor and increased by any extraordinary or non-operating expense or loss recorded by Debtor, as determined in accordance with generally accepted accounting principles consistently applied.
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Examples of Net Earnings (Loss) in a sentence

  • Pursuant to Section 7.25 of the Loan Agreement, for the fiscal month ending as of the Reporting Date, Debtor’s Net Earnings (Loss) was $ , which ¨ satisfied ¨ did not satisfy the requirement that Debtor’s Net Loss for any fiscal month of Debtor ending on or after June 30, 2015 shall not exceed (i) Five Hundred Thousand Dollars ($500,000.00) during the fiscal year ending May 31, 2016 and (ii) Two Hundred Fifty Thousand Dollars ($250,000.00) during each fiscal year thereafter.

  • Debtor’s Net Earnings (Loss) shall not be less than the amounts for each of the periods set forth on Schedule 7.25 attached hereto.

  • Please refer to the notes to the “Net Earnings and Diluted Net Earnings (Loss) Per Share - Continuing Operations” reconciliation table below for definitions of non-GAAP financial measures and related adjustments presented in this press release.