Net Margins definition

Net Margins means the receipts from operations less the expenses thereof.
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Net Margins means operating and non-operating income of the Borrower and its Subsidiaries determined on a combined or consolidated basis (excluding income on Guaranteed Portions of RUS Guaranteed Loans) less, without duplication, operating and non-operating costs and expenses of the Borrower and its Subsidiaries determined on a combined or consolidated basis (excluding costs and expenses relating to Guaranteed Portions of RUS Guaranteed Loans).
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Net Margins means the amount equal to the income that the Awardee has after subtracting costs and expenses from the total revenue. Costs and expenses include but are not limited to all operations and maintenance expenses, corporate operations, taxes, interest, dividends, depreciation, and gains and losses on the disposition of property.
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Examples of Net Margins in a sentence

  • The balance of Net Margins after deduction of the Association Net Margins shall be the Patrons Net Margins.

  • All allocated shares of the Cooperative’s Net Margins shall be deemed capital contributions in the Cooperative without any further action by the Cooperative other than the giving to the appropriate recipient a written notice of allocation (as defined in 26 U.S.C. 1388).

  • However, after deduction of any tax liability, the profits from Non-Member Patronage may be included in Net Margins or may be retained as property of the Cooperative in a surplus fund to be used as additional working capital or for such other purposes as may be determined by the Board.

  • Allocations of the Net Margins in accordance with this Article may be made in the form of qualified written notices of allocation or nonqualified written notices of allocation as determined by the Board of Directors.

  • A new Member's allocation of the Net Margins for the year in which it became a Member shall be based on the relationship of the Member's Patronage Activity (as defined in Section 5.3.5.2) after it became a Member to the total Patronage Activity of all Patron Members for that year.

  • Business done for persons who are not Members or otherwise qualified to share in allocations of Net Margins or otherwise derived from non-patronage related sources (“Non-Member Patronage”) results in income to the Cooperative that is taxable.

  • All costs and expenses and other charges which are lawfully excludable or deductible from this Cooperative's Gross Receipts for the purpose of determining the amount of any Net Margins of this Cooperative.

  • In addition to the qualifying investments in the Cooperative pursuant to Section 1 of these Bylaws, investments in the equity capital of the Cooperative may be made by the Members qualified to share in the Cooperative's Net Margins (as defined in Section 5.3.3) by the Cooperative retaining portions of the Members' allocated shares of net margins as provided in these Bylaws.

  • The Cooperative shall within eight and one-half (8-1/2) months after the close of its fiscal year notify each Member in the form of a qualified written notice of allocation (as defined in 26 U.S.C. 1388) of said Member's total allocation of Net Margins including the cash portion as well as the amount credited to said Member's capital account.

  • If the loss exceeds the Capital Reserve or, in any event, if the Board so elects, the loss may be recovered from prior or subsequent years’ Net Margins.


More Definitions of Net Margins

Net Margins means the annual net proceeds or savings from the Association’s business as defined in Bylaw 7.3. Net Margins are subject to allocation and distribution as provided in Bylaw Article 7. Page 1 - Bylaws
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Net Margins shall have the meaning as defined in Attachment 3. "Net Worth" shall have the meaning as defined in Attachment 3.
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Net Margins means the amount equal to the income that the Awardee has after subtracting costs and expenses from the total revenue. Costs and expenses include but are not limited to all operations and maintenance expenses, corporate operations, taxes, interest, dividends, depreciation, and gains and losses on the disposition of property. "Net Worth" (equity) shall mean total assets less total liabilities of the Awardee. Net worth includes the recorded value of capital stock, additional paid-in capital, treasury stock, retained earnings and other comprehensive income. "Note(s)" shall have the meaning as defined in Paragraph (a) of Section 3.2.
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Net Margins shall have the meaning as defined in Attachment 1. “Notes” shall mean collectively the Co-Lender Notes and the RUS Notes.
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Net Margins shall have the meaning given to it in accordance with Accounting Requirements.
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Related to Net Margins

  • Reset Margin means the margin specified in the applicable Final Terms;

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Applicable Margins means collectively the Applicable L/C Margin, the Applicable Unused Line Fee Margin, the Applicable Revolver Index Margin and the Applicable Revolver LIBOR Margin.

  • Interest Margin or "rm" means the percentage specified as such in the table below. The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than the Minimum Interest Margin and will not exceed the Maximum Interest Margin;

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Retail margin means an amount, reflecting differences in

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Subsequent Margin means the margin specified as such in the applicable Final Terms;

  • Supplier Profit Margin means, in relation to a period, the Supplier Profit for the relevant period divided by the total Charges over the same period in respect of any Call Off Agreements and expressed as a percentage;

  • ABR Margin as defined in subsection 2.21.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Additional Margin shall have the meaning provided in Section 2.14(a).

  • Gross Margin With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Operating Margin means the incremental adjustments, measured in megawatts, required in PJM Region operations in order to accommodate, on a first contingency basis, an operating contingency in the PJM Region resulting from operations in an interconnected Control Area. Such adjustments may result in constraints causing Transmission Congestion Charges, or may result in Ancillary Services charges pursuant to the PJM Tariff.

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).