Net Income Before definition

Net Income Before. Taxes shall mean (i) the net income of the Company and its consolidated subsidiaries (determined on a consolidated basis for such periods in accordance with generally accepted accounting principles applied consistently with the Company's audited financial statements), but excluding the effect of any extraordinary or other material non-recurring gain (but not loss) outside the ordinary course of business ("Consolidated Net Income"), plus (ii) to
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Examples of Net Income Before in a sentence

  • The Net Income Before Taxes and the total Revenues are as measured by the FSR, as reviewed and confirmed by HHSC.

  • At the end of each FSR Reporting Period beginning with FSR Reporting Period 12/13, , the MCO must pay an Experience Rebate if the MCO’s Net Income Before Taxes is greater than the percentage set forth below of the total Revenue for the period.

  • The percentages are calculated on a Consolidated Basis, and include the consolidated Net Income Before Taxes for all of the MCO’s and its Affiliates’ Texas HHSC Programs and Service Areas.

  • In order for a loss to be eligible for potential carry forward as an offset against future income, the MCO must have a negative Net Income Before Taxes for an FSR Reporting Period on a Consolidated Basis.

  • The ratio of (i) the Company's Combined Net Income Before Interest and Taxes to (ii) the Company's Combined Interest Charges calculated as of the end of each fiscal quarter beginning December 31, 1991 for the period including such quarter and the immediately prior three fiscal quarters, combined, will be at least 1.35 for each of said periods.

  • The portion of the STAR+PLUS MMP’s Net Income Before Taxes, if any, which is returned to HHSC in accordance with requirements in this Contract.

  • Employee shall be entitled to receive quarterly bonuses in an amount equal to five (5) percent of Net Income Before Taxes ("NIBT") (in accordance with GAAP), if any, of the Company for the quarter, for up to $5 million NIBT annually.

  • For the Initial Term, CONTRACTOR must pay to HHSC an experience rebate calculated in accordance with the tiered rebate method listed below based on the excess of allowable CHIP HMO revenues over allowable CHIP HMO expenses as measured by any positive amount on Line 7, Net Income Before Taxes, of "Part 1: CHIP Financial Summary, All Coverage Groups Combined" of the annual Financial-Statistical Report contained in Appendix D, as reviewed and confirmed by HHSC.

  • Also called “Pre-Tax Income.” For purposes of the Experience Rebate, the calculation of Net Income Before Taxes will exclude Medicare Part D, both in terms of premium revenues and associated costs.

  • The ratio of (i) ▇▇▇▇'▇ Combined Net Income Before Interest and Taxes to (ii) ▇▇▇▇'▇ Combined Interest Charges calculated as of the end of each fiscal quarter beginning December 31, 1991 for the period including such quarter and the immediately prior three fiscal quarters, combined, will be at least 1.35 for each of said periods.

Related to Net Income Before

  • 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.

  • 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;

  • 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;

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

  • Qualifying Income Gross income that is described in Section 856(c)(2) or 856(c)(3) of the Code.