Adjusted Net Loss definition

Adjusted Net Loss means, for any period, the sum of net income (loss) from continuing operations before income taxes for the period plus the following expenses, charges or income, in each case, to the extent deducted from or added to net income in the period: unrealized losses from financial derivatives, non-cash compensation expense, dry hole expenses, disposals of assets, impairment and other one-time or non-recurring charges, minus all gains from unrealized financial derivatives, disposal of assets and deferred income tax benefits, added to net income. Adjusted Net Loss is used as a financial measure by Rex Energy’s management team and by other users of its financial statements, to analyze its financial performance without regard to non-cash deferred taxes and non-cash unrealized losses or gains from oil and gas derivatives. Adjusted Net Loss is not a calculation based on GAAP financial measures and should not be considered as an alternative to net income (loss) in measuring the company’s performance.
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Adjusted Net Loss means, for each fiscal year of the Partnership, an amount equal to the Partnership’s Net Loss for such fiscal year, computed for this purpose taking into account only those items mentioned in subsection (c), (d) and (e) of the definition of “Net Income” and the penultimate sentence of such definition.
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Adjusted Net Loss means the net income or loss of the Venture resulting from Venture operations during any stated period, as calculated by the Venture Accountants for federal income tax purposes; provided that gain or loss resulting from any disposition of property with respect to which gain or loss is recognized for federal income tax purposes shall be computed by reference to the Gross Asset Value of the property disposed of, notwithstanding that the adjusted tax basis of such property differs from its Gross Asset Value.
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Examples of Adjusted Net Loss in a sentence

  • Except as otherwise provided herein, Additional Member(s) who will participate in the Adjusted Net Income, Adjusted Net Loss, Available Cash, and ownership of the assets of the Company, will be admitted only upon such other terms as are agreed to unanimously by the Board, and such Additional Members shall be allocated gain, loss, income or expense by such method as may be provided in this Agreement, and if no method is specified, then as may be permitted by Code Section 706(d).

  • The Borrower will not incur an annual Adjusted Net Loss in excess of $ 1,000,000 for its fiscal year ending December 31, or for any fiscal year thereafter.

  • If the Gross Asset Value of an asset has been determined or adjusted pursuant to subparagraphs (i), (ii) or (iv) hereof, such Gross Asset Value shall thereafter be adjusted by the Depreciation taken into account with respect to such asset for purposes of computing Adjusted Net Income or Adjusted Net Loss.

  • Except as provided below, the Adjusted Net Income or Adjusted Net Loss of the Venture from operations and any income (including gain) or losses resulting from any Interim or Terminating Capital Transactions as calculated for federal income tax purposes and reported by the Venture on its U.S. Partnership Return of Income for each fiscal year (or portion thereof) during the term of this Agreement, shall be allocated to the Venturers pro rata in accordance with their respective Venture Percentages.

  • ACTUAL COMPLIES ------------------ -------- ------ -------- (ASSET BASED TERMS NOT IN EFFECT) ------------------ Maximum Adjusted Net Loss ------------------------- Quarter Ended Maximum Adjusted Net Loss ------------- ------------------------- December 31, 2002 ($10,700,000) Yes No March 31, 2003 ($6,800,000) Yes No June 30, 2003 ($6,150,000) Yes No September 30, 2003 ($4,000,000) Yes No Minimum Cash Balance on To January 1, 2003: Yes No Deposit with Silicon: $6,500,000.

  • The Borrower will not incur a quarterly Adjusted Net Loss in excess of $500,000 for its fiscal quarter ending September 30, 1997.

  • Borrower shall not have an Adjusted Net Loss (as hereafter defined) of greater than $1,000,000 in any fiscal quarter.

  • The Borrower and its Consolidated ------------ Subsidiaries, on a consolidated basis, shall no suffer an Adjusted Net Loss for two consecutive fiscal quarters, as tested quarterly.

  • As used herein, Adjusted Net Loss means for any period, the Borrower's consolidated net loss (determined in accordance with GAAP) excluding all non-cash items, including the amortization of goodwill, depreciation, and the amortization of stock-based compensation, to the extent such items were deducted in calculating such net loss.

  • The Adjusted Net Income or Adjusted Net Loss of the Company from operations, and any income (including gain) or losses resulting from any Interim or Terminating Capital Transactions as calculated for federal income tax purposes and reported by the Company on its U.S. Partnership Return of Income for each “Accounting Year” (as hereinafter defined), or portion thereof, during the term of this Agreement, shall be allocated to the Members pro rata in accordance with their respective Percentage Interests.


More Definitions of Adjusted Net Loss

Adjusted Net Loss means Net Loss plus amortization of intangible assets.
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Adjusted Net Loss means the consolidated net loss of Borrower determined in accordance with GAAP, excluding the effects of non-cash charges related to depreciation, amortization and stock compensation. Beginning with the quarter ending April 30, 2006 and in each quarter thereafter, Borrower shall attain an Adjusted Net Profit of at least $1.00 per quarter period.
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Adjusted Net Loss or “Adjusted Net Profit” shall mean with respect to any Person as to a specified period, the net loss or net profit, as applicable, determined in accordance with GAAP, excluding, however, the effects of the following: non-cash charges relating to depreciation and amortization, together with charges attributable to stock-based compensation.
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Related to Adjusted Net Loss

  • Consolidated Net Loss for any fiscal period, means the amount which, in conformity with GAAP, would be set forth opposite the caption "net income" (or any like caption), as the case may be, on a consolidated statement of earnings of the Borrower and its Subsidiaries, if any, for such fiscal period.

  • 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.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Adjusted Net Worth of each Guarantor shall mean the greater of (x) the Net Worth (as defined below) of such Guarantor and (y) zero; and (iii) the “Net Worth” of each Guarantor shall mean the amount by which the fair saleable value of such Guarantor’s assets on the date of any Relevant Payment exceeds its existing debts and other liabilities (including contingent liabilities, but without giving effect to any Guaranteed Obligations arising under this Guaranty or any guaranteed obligations arising under any guaranty of any Permitted Additional Indebtedness) on such date. Notwithstanding anything to the contrary contained above, any Guarantor that is released from this Guaranty pursuant to Section 17 hereof shall thereafter have no contribution obligations, or rights, pursuant to this Section 18, and at the time of any such release, if the released Guarantor had an Aggregate Excess Amount or an Aggregate Deficit Amount, same shall be deemed reduced to $0, and the contribution rights and obligations of the remaining Guarantors shall be recalculated on the respective date of release (as otherwise provided above) based on the payments made hereunder by the remaining Guarantors. All parties hereto recognize and agree that, except for any right of contribution arising pursuant to this Section 18, each Guarantor who makes any payment in respect of the Guaranteed Obligations shall have no right of contribution or subrogation against any other Guarantor in respect of such payment until the Termination Date. Each of the Guarantors recognizes and acknowledges that the rights to contribution arising hereunder shall constitute an asset in favor of the party entitled to such contribution. In this connection, each Guarantor has the right to waive its contribution right against any Guarantor to the extent that after giving effect to such waiver such Guarantor would remain solvent, in the determination of the Required Lenders.

  • 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.