Net Income Amount definition

Net Income Amount means, with respect to a Member for a Fiscal Year, the amount of net taxable income allocated to such Member for such Fiscal Year, reduced by the excess, if any, of (a) the aggregate amount of net taxable loss allocated to such Member for all prior Fiscal Years, over (b) the aggregate amount of net taxable income allocated to such Member for all prior Fiscal Years.
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Net Income Amount means the Company's annual net income before income taxes and "Monthly Salary" means Employee's monthly salary, before deductions. The Company will deduct from payments of Monthly Salary to Employee all federal, state and local income tax, FICA, FUTA, and other withholdings as required by law. For purposes of this Agreement, the Company's net income and gross sales shall be determined in accordance with generally accepted accounting principles in the United States, applied as a basis consistent with prior periods.
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Net Income Amount has the meaning set forth in Schedule 2.05(b).
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Examples of Net Income Amount in a sentence

  • The statement can be seen from the data as follows:Graph 36 Comparison of Net Income Amount Between Conventional Ojek with Online Ojek (In a Month) Source: research finding From the graph above, 84% of conventional ojek and 68% online ojek earn less than 2 million rupiah per month.

  • Generated when Total Income Amount and Net Income Amount contains zeroes unless Fringe Benefit Plan Indicator contains 1 or 4.

  • Any such payment under this Section 3.6(d) shall be made by federal funds wire transfer of immediately available funds to the account(s) of the Party entitled to receive such payment, which account(s) shall be identified by Purchaser to Seller or by Seller to Purchaser, as the case may be, as soon as practicable following the determination of the Final Pre-Closing Net Income Amount.

  • Dollars will be added to the Bonus Pool in two methods: (i) 1.2% of fiscal 2022's Pre-Bonus Net Income ("Applicable Percentage Amount") will be included as a Base Amount; and (ii) if fiscal 2022's Pre-Bonus Net Income exceeds the Company's Target Pre-Bonus Net Income Amount, then a percentage of the amount above the Target will be added to the Base Amount in calculating the total Bonus Pool, as outlined in Exhibit A.

  • The Estimated Pre-Closing Net Income Amount, as it may be adjusted pursuant to Section 2.2(b)(iii) and this Section 3.6(c), shall be the Final Pre-Closing Net Income Amount.

  • Retail Industry: (1)Gross Sales Revenue- (Sales Return ＋ Sales Allowance) ＝ Net Sales Revenue (2)Beginning Inventory＋(Purchase - (Purchase Return ＋Purchase Allowance)) ＋ Purchasing Expenses - Ending Inventory ＝ Costs of Goods Sold (3)Net Sales Revenue - Costs of Goods Sold ＝ Gross Sales Revenue (4)Gross Sales Revenue - (Sales Expenses ＋ Managerial Expenses) ＝ Operating Income (5)Operating Income＋Non-Operating Earnings-Non-Operating Loss ＝ Net Income Amount (i.e. the income amount) 2.

  • If Purchaser objects to the Estimated Pre-Closing Net Income Amount set forth on the Estimated Pre-Closing Net Income Statement, Purchaser shall notify Seller of such objection and the basis for such objection, and Purchaser and Seller shall endeavor to resolve any such objection.


More Definitions of Net Income Amount

Net Income Amount means an amount equal to (i) .15 multiplied by ----------------- ------------- (ii) the consolidated net income of the Sellers between May 31, 1999 and the day immediately preceding the Closing Date, as determined in accordance with GAAP, applied on a basis consistent with that used in preparing the Latest Balance Sheet.
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Net Income Amount means net income, plus depreciation, in each case determined in accordance with GAAP (as applied on a basis consistent with past practice and the preparation of the Audited Financial Statements), in substantially the manner set forth on Exhibit 2.9(b), with respect to the period beginning on July 1, 2010 and ending on the Effective Time, and without giving effect to the transactions contemplated hereby. “Net Merger Consideration Payment Schedule” is the schedule attached hereto as Exhibit 7.1(n).
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Net Income Amount means the Company's annual net income before income taxes. The Company will deduct from payments of Monthly Salary to Employee all federal, state and local income tax, FICA, FUTA, and other withholdings as required by law. For purposes of this Agreement, the Company's net income and gross sales shall be determined in accordance with generally accepted accounting principles in the United States, applied on a basis consistent with prior periods. CASH BONUS The Company has the option to issue a Cash Bonus to employee at Company's discretion As of the date hereof, the Company's Employee Stock Option Plan (the "Option Plan") provides for the Employee to earn, as of the last day of the First fiscal quarter of each fiscal year (the "Issuance Date") options for restricted common stock of the Company in an aggregate amount (the "Annual Amount") equal to (I) one percent (1%) of the Net Income Amount divided by the average closing price of such common during the last thirty days of the previous fiscal year (the "Stock Price"), on the following terms and conditions and the other terms and conditions as now are, and may in the future be, set forth as the Option Plan: The exercise price for the options issued shall equal seventy-five percent (75%) of the Stock Price. The options shall vest over a five year period, exercisable in an amount equal to up to twenty percent (20%) of the Annual Amount on each of the first five anniversaries of the Issuance Date. Employee understands that the above is a summary of key items in a proposed stock plan, the details of the Stock Option Plan will be provided to Employee upon the approval of the Board of Directors of the Company.
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Net Income Amount means, for each calendar month during the International Operations Transition Period, for each Baxter Local Entity: the sum of:
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Related to Net Income Amount

  • Net Income or Net Loss means, for each Fiscal Year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period, as determined for federal income tax purposes, determined by the Accountants in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), with the following adjustments:

  • Net Income means, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends.

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

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • Cumulative Net Income means, in respect of any Performance Period, the aggregate cumulative amount of the Adjusted Net Income for the calendar or other fiscal years of the Company during such Performance Period.

  • Consolidated Net Income (Loss) of any Person means, for any period, the Consolidated net income (or loss) of such Person and its Subsidiaries for such period on a Consolidated basis as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income (or loss), by excluding, without duplication, (i) all extraordinary gains or losses (exclusive of all fees and expenses relating thereto), (ii) the portion of net income (or loss) of such Person and its Subsidiaries on a Consolidated basis allocable to minority interests in unconsolidated Persons to the extent that cash dividends or distributions have not actually been received by such Person or one of its Subsidiaries, (iii) net income (or loss) of any Person combined with such Person or any of its Subsidiaries on a “pooling of interests” basis attributable to any period prior to the date of combination, (iv) any gain or loss, net of taxes, realized upon the termination of any employee pension benefit plan, (v) net gains (or losses) (except for all fees and expenses relating thereto) in respect of dispositions of assets other than in the ordinary course of business, (vi) the net income of any Subsidiary to the extent that the declaration of dividends or similar distributions by that Subsidiary of that income is not at the time permitted, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary or its stockholders, (vii) any gain arising from the acquisition of any securities, or the extinguishment, under GAAP, of any Indebtedness of such Person, (viii) transaction costs charged in connection with the Refinancing, or (ix) amortization of intangible assets of such Person and its Subsidiaries on a consolidated basis under GAAP.

  • Fiscal Period means the period commencing on the Closing Date, and thereafter each period commencing on the day immediately following the last day of the immediately preceding Fiscal Period, and ending in each case at the close of business on the first to occur of the following dates:

  • Consolidated Net Interest Expense means, for any period with respect to the Company and its Subsidiaries, interest expense minus capitalized interest and interest income for such period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • Net Interest Expense means, for any period, the total of (a) Interest Expense for such period minus (b) Interest Expense to Affiliates for such period to the extent included in the amount referred to in clause (a) and related to (i) interest payments on Debt obligations that are subordinated to the obligations of the Borrower under this Agreement or (ii) interest on Nonrecourse Indebtedness minus (c) interest on ComEd Debt for such period.

  • Adjusted Net Income ’ means net income adjusted for non-cash expenses (income) such as amortization of intangible assets, deferred income taxes, the TSS membership liability revaluation charge, and certain other expenses (income), and excludes the portion of the adjusted net income of Total Specific Solutions (TSS) B.V. (“TSS”) attributable to the minority owners of TSS (see “Capital Resources and Commitments” section). The Company believes that Adjusted net income is useful supplemental information as it provides an indication of the results generated by the Company’s main business activities prior to taking into consideration amortization of intangible assets, deferred income taxes, the TSS membership liability revaluation charge, and certain other non- cash expenses (income) incurred or recognized by the Company from time to time, and adjusts for the portion of TSS’ Adjusted net income not attributable to shareholders of Constellation. ‘‘Adjusted net income margin’’ refers to the percentage that Adjusted net income for any period represents as a portion of total revenue for that period.

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Adjusted Consolidated Net Income means, for any period, the aggregate net income (or loss) of the Company and its Restricted Subsidiaries for such period determined in conformity with GAAP; provided that the following items shall be excluded in computing Adjusted Consolidated Net Income (without duplication): (i) the net income of any Person that is not a Restricted Subsidiary, except to the extent of the amount of dividends or other distributions actually paid to the Company or any of its Restricted Subsidiaries by such Person during such period; (ii) solely for the purposes of calculating the amount of Restricted Payments that may be made pursuant to clause (C) of the first paragraph of Section 4.04 (and in such case, except to the extent includable pursuant to clause (i) above), the net income (or loss) of any Person accrued prior to the date it becomes a Restricted Subsidiary or is merged into or consolidated with the Company or any of its Restricted Subsidiaries or all or substantially all of the property and assets of such Person are acquired by the Company or any of its Restricted Subsidiaries; (iii) the net income of any Restricted Subsidiary to the extent that the declaration or payment of dividends or similar distributions by such Restricted Subsidiary of such net income is not at the time permitted by the operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to such Restricted Subsidiary; (iv) any gains or losses (on an after-tax basis) attributable to Asset Sales; (v) except for purposes of calculating , the amount of Restricted Payments that may be made pursuant to clause (C) of the first paragraph of Section 4.04, any amount paid or accrued as dividends on Preferred Stock of the Company or any Restricted Subsidiary owned by Persons other than the Company and any of its Restricted Subsidiaries; and (vi) all extraordinary gains and extraordinary losses (on an after-tax basis).

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated Adjusted Net Income means, for any period, the net income (or net loss) of the Company and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP, adjusted to the extent included in calculating such net income or loss by excluding:

  • Consolidated EBIT means, for any fiscal period, Consolidated Net Income for such period plus, to the extent deducted in determining Consolidated Net Income for such period, the aggregate amount of (i) Consolidated Interest Expense and (ii) federal, state and local income tax expense.

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Consolidated Depreciation and Amortization Expense means with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Adjusted EBITDA means, for the twelve (12) month period preceding the calculation date, for any Person, the sum of (a) Net Income, plus (b) to the extent deducted in determining Net Income, the sum, without duplication, of such Person’s (i) Interest Expense, (ii) income tax expense, including, without limitation, taxes paid or accrued based on income, profits or capital, including state, franchise and similar taxes and foreign withholding taxes, (iii) depreciation and amortization (including, without limitation, amortization of goodwill and other intangible assets), (iv) extraordinary losses and non-recurring non-cash charges and expenses, (v) all other non-cash charges, expenses and interest (including, without limitation, any non-cash losses in respect of Hedge Agreements, non-cash impairment charges, non-cash valuation charges for stock option grants or vesting of restricted stock awards or any other non-cash compensation charges, and losses from the early extinguishment of Indebtedness), (vi) non-recurring integration costs and expenses resulting from operational changes and improvements (including, without limitation, severance costs and business optimization expenses) and (vii) non-recurring charges and expenses, restructuring charges, transaction expenses (including, without limitation, transaction expenses incurred in connection with any merger or acquisition) and underwriters’ fees, and severance and retention payments in connection with any merger or acquisition, in each case for such period, less extraordinary gains and cash payments (not otherwise deducted in determining Net Income) made during such period with respect to non-cash charges that were added back in a prior period; provided, however, (A) with respect to any Person that became a Subsidiary of the Borrower, or was merged with or consolidated into the Borrower or any of its Subsidiaries, during such period, or any acquisition by the Borrower or any of its Subsidiaries of the assets of any Person during such period, “Adjusted EBITDA” shall, at the option of the Borrower in respect of any or all of the foregoing, also include the Adjusted EBITDA of such Person or attributable to such assets, as applicable, during such period as if such acquisition, merger or consolidation, including any concurrent transaction entered into by such Person or with respect to such assets as part of such acquisition, merger or consolidation, had occurred on the first day of such period and (B) with respect to any Person that has ceased to be a Subsidiary of the Borrower during such period, or any material assets of the Borrower or any of its Subsidiaries sold or otherwise disposed of by the Borrower or any of its Subsidiaries during such period, “Adjusted EBITDA” shall exclude the Adjusted EBITDA of such Person or attributable to such assets, as applicable, during such period as if such sale or disposition of such Subsidiary or such assets had occurred on the first day of such period.