Profit Basis definition

Profit Basis means the basis of profit calculation specified in the applicable Pricing Supplement;
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Profit Basis means the rate or rates (expressed as a percentage per annum) of profit payable in respect of the Certificates specified in the relevant Pricing Supplement or calculated or determined in accordance with the provisions of these Conditions and/or the relevant Pricing Supplement;
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Profit Basis means the product of **** ($****) per ton of Qualified Fuel manufactured by Central City at the Facility. The Cost Basis of the Binder Price shall be paid within thirty (30) days after Central City's receipt of an invoice. The Profit Basis of the Binder Price shall be paid in arrears based on production of Qualified Fuels at the Facility during such previous calendar month and shall be made within fifteen (15) days following the end of each such calendar month. Central City will only be required to pay for Binder actually purchased from Covol under this Agreement.
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Examples of Profit Basis in a sentence

  • Experience, in any fiscal quarter, a material financial loss on an Operating Profit Basis (as defined in GAAP).

  • Distribution of Net Profits shall be based on a Net Profit Basis which is defined as the deduction of all cost, expenses of operation, management fees, Government license fees and taxes, camp expenses, travel and depreciation on Equipment based on the projected live of the mine or the Equipment.

  • The price of Binder purchased by Central City (the "Binder Price") shall be comprised of the Cost Basis and the Profit Basis.

Related to Profit Basis

  • Consistent Basis in reference to the application of GAAP means the accounting principles observed in the period referred to are comparable in all material respects to those applied in the preparation of the audited financial statements of the Borrower referred to in Section 6.6(a).

  • Floating Profit/Loss in a CFD shall mean current profit/loss on Open Positions calculated at the current Quotes (added any commissions or fees if applicable).

  • 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.

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • Adjusted Net Income ’ means net income adjusted for non-cash expenses (income) such as amortization of intangible assets, deferred income taxes, and certain other expenses (income). The Company believes that Adjusted net income is useful supplemental information as it provides an indication of the results generated by the Company’s main business activities prior to taking into consideration amortization of intangible assets, deferred income taxes, and certain other non-cash expenses (income) incurred or recognized by the Company from time to time. ‘‘Adjusted net income margin’’ refers to the percentage that Adjusted net income for any period represents as a portion of total revenue for that period.

  • Moderate Income means more than 50 percent but less than 80

  • Adjusted Net Assets of such Guarantor at any date shall mean the lesser of (1) the amount by which the fair value of the property of such Guarantor exceeds the total amount of liabilities, including contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under the Guarantee of such Guarantor at such date and (2) the amount by which the present fair salable value of the assets of such Guarantor at such date exceeds the amount that will be required to pay the probable liability of such Guarantor on its debts (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), excluding debt in respect of the Guarantee of such Guarantor, as they become absolute and matured.

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;