Net Income from Continuing Operations definition

Net Income from Continuing Operations means, for any fiscal period of any Person, such Person's Net Income for such fiscal period plus (minus) extraordinary losses (gains) for such fiscal period (net of taxes), plus (minus) net charges (credits) due to the cumulative effect of changes in accounting principles for such fiscal period (net of taxes), plus (minus) charges (credits) for discontinued operations for such fiscal period (net of taxes), all determined on a consolidated basis in accordance with GAAP.
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Net Income from Continuing Operations means Net Income resulting from operations of the Borrower and its Subsidiaries that continue to exist subsequent to the closing of the sale of 100% of the common stock of Jevic.
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Net Income from Continuing Operations means Net Income resulting from operations of the Company that continue to exist subsequent to the closing of the sale of 100% of the common stock of Jevic.
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Examples of Net Income from Continuing Operations in a sentence

  • The Award will be based on the Company’s annual Net Income from Continuing Operations (“Net Income from Continuing Operations”).

  • More specifically, the Performance Contingency is satisfied if on , 20 , or on , 20 , or on , 20 , the Company’s adjusted Net Income from Continuing Operations is at least % of the 20 year-end adjusted Net Income from Continuing Operations.

  • If Cumulative Consolidated Net Income from Continuing Operations is between any two data points, the corresponding percentage of Performance Shares earned shall be determined by interpolation between the corresponding data points.

  • The “Performance Contingency” is satisfied if for the second year, for the third year or for the fourth year of the Performance Period, the Company’s annual Net Income from Continuing Operations (“Net Income from Continuing Operations”) is at least 119% of the Net Income from Continuing Operations for the year ending immediately prior to the beginning of the Performance Period (based on compounded annual Net Income growth from Continuing Operations of 6% per year times three years).

  • The total number of Net Income Performance Shares earned will be determined by multiplying the target number of Net Income Performance Shares shown in Section 1 of the Agreement by the percentage in the table below that corresponds to the Company’s Cumulative Consolidated Net Income from Continuing Operations over the Performance Period: Net Income Performance Shares will be prorated for achievement of performance between the performance targets.

  • The “Performance Contingency” is satisfied if for the second year, for the third year or for the fourth year of the Performance Period, the Company’s adjusted annual Net Income from Continuing Operations (“Net Income from Continuing Operations”) is at least % of the adjusted Net Income from Continuing Operations for the year ending immediately prior to the beginning of the Performance Period (based on compounded annual Net Income growth from Continuing Operations of % per year times three years).

  • The “Performance Contingency” is satisfied if for the second year, for the third year or for the fourth year of the Performance Period, the Company’s annual adjusted Net Income from Continuing Operations (“Net Income from Continuing Operations”) is at least 119% of the adjusted Net Income from Continuing Operations for the year ending immediately prior to the beginning of the Performance Period (based on compounded annual Net Income growth from Continuing Operations of 6% per year over three years).

  • The “Performance Contingency” is satisfied if for the second year, for the third year or for the fourth year of the Performance Period, the Company’s annual Net Income from Continuing Operations (“Net Income from Continuing Operations”) is at least % of the [adjusted][budgeted] consolidated net income for 20 .

  • More specifically, the Performance Contingency is satisfied if on , 20 , or on , 20 , or on , 20 , the Company’s Net Income from Continuing Operations is at least % of the 20 year-end adjusted Net Income from Continuing Operations.

  • The Borrower will not permit its Tangible Net Worth at any time to be less than $145,000,000, plus (i) 75% of positive Net Income from Continuing Operations in each fiscal quarter commencing with the fiscal quarter ended June 30, 2009, plus (ii) 75% of the Net Proceeds from the issuance and sale by the Borrower of any Equity Interests after the Effective Date, minus (iii) loss from Discontinued Operations commencing with the fiscal quarter ending June 30, 2009.


More Definitions of Net Income from Continuing Operations

Net Income from Continuing Operations means, for any period, the consolidated net income of the Borrower and its Consolidated Subsidiaries for such period, but eliminating any extraordinary items of income or expense.
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Net Income from Continuing Operations means for any period, for KKR Financial and its Subsidiaries on a consolidated basis, the Consolidated Net Income less Net Income from Discontinued Operations.
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