Net Income Before Extraordinary Items definition

Net Income Before Extraordinary Items means net income before adjusting for extraordinary items, such as; accounting changes, extraordinary items and taxes on extraordinary items.
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Examples of Net Income Before Extraordinary Items in a sentence

  • Notwithstanding the foregoing, the Quarterly Payments shall be made only out of, and not to exceed ten percent (10%) of, Matech’s Net Income Before Extraordinary Items and Provision for Income Taxes (“Net Income”).

  • However, regardless of the above, the Employer's contributions for this section 4.1E., without considering the contributions made pursuant to all other sections, shall not exceed 15% (3.75% for the 1994 Plan Year) of the Employer's Adjusted Net Income Before Extraordinary Items for such Plan Year.

  • For purposes of calculating Net Income Before Extraordinary Items, any month in which there is a Net Loss Before Extraordinary Items will be excluded from the calculation.

  • However, Olympia agrees that the sole source of funds which can be used to pay any judgment or order of the Court related to the Agreement shall be from the Net Income Before Extraordinary Items of JKTG from the operation of the Seven Cedars Casino from and after April 15, 2002.

  • Achieving Net Income Before Extraordinary Items of at least $1 million in one calendar quarter and at least $5 million cumulatively for such quarter and the immediately succeeding calendar quarter.

  • Net Income Before Extraordinary Items shall be determined in accordance with Generally Accepted Accounting Principals ("GAAP").