Total Operating Income definition

Total Operating Income means Total Operating Revenue minus Total Operating Cost.

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Total Operating Income means Total Revenue less biomass sales and other income from property damages paid;

Total Operating Income means, subject to Section 4(b)(v)(B) below, Delta’s consolidated operating income for the applicable periods based on its regularly prepared and publicly available statements of operations prepared in accordance with GAAP, but excluding: (i) any material asset write downs; and (ii) gains or losses with respect to unusual or non-recurring events, including, without limitation, changes in accounting principles, bankruptcy-related reorganization items, restructuring charges, merger-related costs, extinguishment of debt and other out of period adjustments.

Examples of Total Operating Income in a sentence

Operating Revenues (Personal Metric) Operating Revenues is Line 16 Total Operating Income plus Line 18 Equity Income from the Management Schedule A.
The Company shall cause either (a) at least 75% of Consolidated Total Operating Income to be generated by the Company and the Subsidiary Guarantors or (b) 75% of Consolidated Total Assets to be owned by the Company and the Subsidiary Guarantors.
The Operating Budget shall include all Operating Expenses and an Operational Reserve which may not exceed ten percent (10%) of the Total Operating Income and a Capital Reserve which may not exceed ten percent (10%) of the Total Operating Income.
The Borrower shall cause at least 75% of Consolidated Total Operating Income (excluding for purposes hereof, net income of Spartech Trust and Spartech Trust II) to be generated by the Borrower and the Guarantors.
The Borrower shall cause either (a) at least 75% of the Consolidated Total Operating Income to be generated by the Borrower and the Guarantors or (ii) at least 75% of the Consolidated Assets to be owned by the Borrower and the Guarantors.
Total Operating Income...............................................
For purposes of this Lease, Total Operating Income is an amount equal to the sum of all rent and other income generated by the Property to the extent actually collected by ▇▇▇▇▇▇.
If the Total Operating Income for such period is equal to or greater than Two Hundred Forty-Five Thousand Six Hundred Dollars ($245,600), then on the 15th Business Day following such Earn- Out Reference Date (each, an "Earn-Out Payment Date"), Purchaser shall pay to the Partners the Earn-Out Installment Payment.
The Borrower shall cause either (a) at least 75% of the Consolidated Total Operating Income to be generated by the Borrower and the Guarantors or (ii) at least 75% of the Consolidated Total Assets to be owned by the Borrower and the Guarantors.
If the Total Operating Income for such period is less than Two Hundred Forty-Five Thousand Six Hundred Dollars ($245,600), then the applicable Earn-Out Installment Payment shall be withheld until, and paid on, the next successive Earn-Out Payment Date on which the Total Operating Income with respect to the related Earn-Out Reference Date is equal to or greater than Two Hundred Forty-Five Thousand Six Hundred Dollars ($245,600).

More Definitions of Total Operating Income

Total Operating Income means, as at any date of determination, the operating income of the Borrower or, if consolidated financial statements are then prepared, the consolidated operating income of the Group, as shown on the statement of profit or loss and other comprehensive income of the Borrower, or the consolidated statement of profit or loss and other comprehensive income of the Group, as applicable, for the most recent fiscal year in each case prepared in accordance with IFRS consistently applied;

Total Operating Income means GAAP operating income divided by GAAP revenue (expressed as a percentage).

Total Operating Income shall have the meaning set forth in Section 3.2.

Total Operating Income means, for any three month period, the aggregate revenues arising from the conduct of the Business, minus the sum of (x) the aggregate amount of costs incurred in connection with such sales, including, without limitation, production, packaging and shipping costs, salary and wages, equipment rental and depreciation and miscellaneous equipment costs, contracting fees, rental and other occupancy costs and any other costs related to the Business and (y) selling, general and administrative expenses, in each case as determined in accordance with GAAP, subject to the following: the amounts represented in (x and (y) shall not include (i) any allocation from Purchaser for overhead or other indirect charges, (ii) amortization of goodwill, (iii) any allocation of the Agreements Not to Compete, (iv) any increased depreciation due to a step-up in basis resulting from the Transaction or (v) any other acquisition cost from the Transaction. Attached as Schedule 3.2 is a sample calculation of Total Operating Income as determined pursuant to the foregoing definition. The parties hereto acknowledge and agree that Schedule 3.2 has been prepared for illustrative purposes only and shall not be determinative of the calculation of Total Operating Income in any future period. Such calculations shall be made only pursuant to the definition set forth above.