Net Profit Target definition

Net Profit Target means a threshold amount of Net Profit for a Year, designated by the Board as a Performance Criterion pursuant to Section 4.01.
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Examples of Net Profit Target in a sentence

  • In present study, we sequenced and reported the complete chloroplast genome of Benincasa hispida and performed comparative analyses with other three closely related species selected from the Benincaseae but relevantly distinct enough to get valuable results, providing the basic genetic data available for phylogeographic and population genetic investigation (Poczai and Hyvönen, 2017; Shaw et al., 2007).

  • Notwithstanding anything to the contrary herein, if the Reported Net Profit (as defined below) is less than zero for any Plan Year, no Aggregate Incentive Bonus shall be paid for such Plan Year.Section 1.02Notwithstanding Section 5(b), if the Company fails to achieve the applicable Net Profit Target for one or more Plan Years, each Participant shall be eligible to receive Catch-Up Payments (as defined below) as set forth in this Section 5(c).

  • If the Net profit (2015) of Digital Extremes is less than the Net Profit Target (2015) of US$30 million, then the 39% Consideration shall be reduced by an amount (the “2015 Deducted Amount”), which shall be calculated by using the following formula: D1 = (X1-X2)/X1 * US$46,800,000Where: D1=2015 Deducted AmountX1=Net Profit Target (2015) (being US$30,000,000)X2=Net Profit (2015)provided that the 2015 Deducted Amount shall not exceed US$46,800,000.

  • NAPA Product Costs Non-NAPA Product Costs Billed to Dublin at a 10% gross profit rate (gross profit is store acquisition cost divided by .90) Billed to Dublin at a 10% gross profit rate (gross profit is acquisition cost divided by .90) Operational Costs Billed to Dublin at cost Net Profit Target 10% net profit for NAPA Both NAPA Product Costs and Non-NAPA Product Costs shall be set by NAPA to yield a gross profit of ten percent (10%).

  • For any Plan Year in which the Company achieves the applicable Net Profit Target, the Aggregate Incentive Bonus for such Plan Year shall be unlimited.

  • Based on the financial results in the year ended April 30, 2011, the Company had met the Net Profit Target with the net profit after tax of HK$133,314 therefore bonuses will be paid under the plan; however, the exact amount of any such bonuses will be determined at a later time.

  • For the avoidance of doubt, the Net Profit Target in each of the following examples has been fictionalized for ease of calculation.

  • Net Profit Target 10% net profit for the NAPA On Site Store(s) after Products and Operational Expenses are billed to CUSTOMER.

  • By billing County for these two categories, NAPA will achieve its target ten percent (10%) net profit for the Agreement (the "Net Profit Target").

  • A vendor creation form will be issued to you upon receipt of the application form.

Related to Net Profit Target

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Net Profit means such profit as is calculated in accordance with paragraph 61;

  • Gross Profits means the gross profits calculated under section 4;

  • EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.

  • EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 81.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • EPS means earnings per share.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • 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;

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • SOFR Compounded Index means the Compounded SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.