Qualifying net income definition

Qualifying net income means any recognized income, net of related deductible expenses, other than distributions deductions with respect to the acquisition, ownership, use, maintenance, management, or disposition of tangible personal property located in this state at any time during the trust's qualifying taxable year or real property located in this state.
Qualifying net income means Net Income earned by the Target Group Companies during the period commencing at 11:59 p.m. (Eastern Time) on December 31, 2023 and ending as of the effective time of the Closing as provided in Section 2.2.
Qualifying net income means any recognized income, net of related deductible expenses, other than distributions

Examples of Qualifying net income in a sentence

  • Qualifying net income" means any recognized income, net of related deductible expenses, other than distributions 2131 2132 deductions with respect to the acquisition, ownership, use, 2133maintenance, management, or disposition of tangible personal 2134property located in this state at any time during the trust's 2135qualifying taxable year or real property located in this state.


More Definitions of Qualifying net income

Qualifying net income means any recognized income, net of related deductible expenses, other than distributions deductions with respect to the acquisition, ownership, use, maintenance, management, or disposition of tangible personal property located in this state at any time during the trust's
Qualifying net income means, with respect to any Person for which information is available regarding its net income for (i) three or more of its fiscal years prior to its Acquisition, positive net income for each of its last three fiscal years on a pre- physician compensation basis, (ii) less than three but at least one of its fiscal years prior to its Acquisition, positive net income for such period on a pre-physician compensation basis, and (iii) less than one full fiscal year, the consent of the Agent with respect to such net income; provided that in each case such Person shall continue (based on pro forma financial information in form and substance satisfactory to the Agent) to have positive net income following the Acquisition after giving effect to any agreed upon adjustments.
Qualifying net income means Net Income received by the Acquired Companies during the period commencing at 12:01 a.m. New York local time on January 1, 2023 and ending at the Closing. “Real Property” has the meaning set forth in Section 4.11(a). “Real Property Documents” has the meaning set forth in Section 4.11(c). “Released Claims” has the meaning set forth in Section 10.15. “Released Person” has the meaning set forth in Section 10.15. “Releasing Person” has the meaning set forth in Section 10.15. “Representatives” means, with respect to any Person, such Person’s members, partners, trustees, directors, managers, officers, employees, attorneys, consultants, advisors, representatives and other agents acting on behalf of such Person. “Required Consent” means each Consent set forth on Schedule F. “Right” means any option, warrant, convertible or exchangeable security or other right to subscribe for, purchase or otherwise acquire any Equity Interest, with or without payment of consideration, either immediately or upon the occurrence of a specified date or specified event or the satisfaction of any other condition. “Right of First Offer” has the meaning set forth in Section 2.05(a). “ROFO Notice” has the meaning set forth in Section 2.05(a). “ROFO Notice Date” has the meaning set forth in Section 2.05(a). “ROFO Trigger Event” has the meaning set forth in Section 2.05(a). “SaleCo Reorganization” has the meaning set forth in the recitals hereof.

Related to Qualifying net income

  • Net Income means, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends.

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person and its Restricted Subsidiaries for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income: