Total Operating Profit definition

Total Operating Profit means, in respect of any Relevant Period, the total operating profit for continuing operations, acquisitions (as a component of continuing operations) and discontinued operations (as set out in Financial Reporting Standard No. 3) of the Borrower but ignoring any exceptional items;
Total Operating Profit means, with respect to the Alliance Program, the combined Revenue of the Parties less the combined Allowable Expenses of the Parties. For the purposes of this Section 17.6, Revenue includes Alliance Products and OEM Alliance Products.
Total Operating Profit means, in relation to any accounting reference period of any Borrower, such Borrower's total operating profit for continuing operations, acquisitions (as a component of continuing operations) and discontinued operations (as set out in Financial Reporting Standard No. 3) but ignoring any exceptional items (each as shown in such Borrower's audited financial statements delivered to the Bank in accordance with clause 11.1 for such accounting reference period);

Examples of Total Operating Profit in a sentence

  • In determining Total Operating Profit of the Alliance Program for purposes of this Section 17.6, all non-recurring, extraordinary items having a value of more than [***] shall be excluded from the calculation.

  • For calendar year [***], if the Revenue of the Alliance Program is [***] or the Total Operating Profit of the Alliance Program is [***], either Party may give notice by no later than [***] of its intent to terminate this Agreement, and upon such notice, this Agreement will terminate on [***].

  • Table 23: AAG Rate of Total Operating Profit 2005-10 (Bank Group-Wise) 20062007 It may be observed from the analysis that Islamic banks reported a higher AAG rate of operating profit.

  • Total Operating Profit for the combined UK Retail and EzRemit Global business lines was £1.6m in 2017 compared to an operating loss in 2016 of (£1.53m).

  • Despite increased competition and ongoing volatility in exchange rates, Total Operating Profit for the combined UK and Africa Middle East and Asia (AMEA) businesses increased by 100% to £3.2m in 2018 (2017: £1.6m).

  • In determining Total Operating Profit of the Alliance Program for purposes of this Section 17.6, all non-recurring, extraordinary items having a value of more than [**********] shall be excluded from the calculation.

  • For calendar year 2009, if the Revenue of the Alliance Program is [***] or the Total Operating Profit of the Alliance Program is [***], either Party may give notice by no later than April 1, 2010 of its intent to terminate this Agreement, and upon such notice, this Agreement will terminate on December 31, 2010.

  • Global Books and Home Entertainment $319.7 $375.4 (15%) U.S. Magazines 118.0 124.5 (5%) International Magazines 72.6 79.4 (9%) Other Businesses 8.9 0.4 N/M Total Revenues $519.2 $579.7 (10%) OPERATING PROFIT (LOSS) Global Books and Home Entertainment $40.9 $17.2 138% U.S. Magazines 3.4 4.3 (21%) International Magazines 0.8 (4.8) 117% Other Businesses (6.3) (0.1) N/M Total Operating Profit $38.8 $16.6 134% N/M - Not meaningful.


More Definitions of Total Operating Profit

Total Operating Profit means the difference ---------------------- obtained by subtracting Total Expenses from Total Revenues; and
Total Operating Profit means the difference ---------------------- obtained by subtracting Total Expenses from Total Revenues; and

Related to Total Operating Profit

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

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

  • Adjusted Operating Income for each year in the Performance Period is defined as the Company’s net income from continuing operations as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis), adjusted as set forth in the immediately following sentence. In calculating Adjusted Operating Income, net income from continuing operations shall be adjusted as follows: first (A) remove the after-tax effects of the following items: (i) losses (net of reinsurance) from catastrophes (as designated by the Insurance Service Office’s Property Claims Service Group, the Lloyd’s Claim Office, Swiss Reinsurance Company’s sigma report, or a comparable report or organization generally recognized by the insurance industry, and reported by the Company as a catastrophe); asbestos and environmental reserve charges (or releases); net realized investment gains or losses in the fixed maturities and real estate portfolios; and (ii) extraordinary items, the cumulative effect of accounting changes and federal income tax rate changes, and restructuring charges, each as defined by generally accepted accounting principles in the United States, and each as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis); (B) reduced, as to the first year in the Performance Period (20XX), by $XXXXXX, as to the second year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium, and as to the third year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium; and (C) reduced by an amount intended, as of the date of this award, to approximate historical levels of credit losses (on an after-tax basis) associated with the Company’s fixed income investments, determined by (i) multiplying a fixed factor, expressed as 2.25 basis points, by the amortized cost of the Company’s fixed maturity investment portfolio at the beginning of each quarter during the relevant year in the Performance Period and (ii) adding the after-tax sum of the amounts resulting from (i) for such year in the Performance Period.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • EBITDAR means, for any period, on a consolidated basis for the Borrower and its Subsidiaries, the sum of the amounts for such period, without duplication, of (i) EBITDA and (ii) Rentals.

  • Operating Revenues means, for any period, the gross revenues of the Company arising from the conduct of the business of the Company from what ever source, including, without limitation, ownership of the Property and operation of the Project during such period, including proceeds of any business interruption insurance and amounts funded from Company reserves, but specifically excluding Capital Proceeds and Capital Contributions.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • 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.