Aggregate Net Income definition

Aggregate Net Income means the aggregate amount of positive annual net income after taxes for each fiscal year of the Company and its Subsidiary on a consolidated basis, as determined in accordance with GAAP, beginning with the fiscal year ending December 31, 2001 through the date of determination, without any offset for any negative net income during such period. Aggregate Net Income will only be adjusted as of the last day of each fiscal year.
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Aggregate Net Income has the meaning specified in Section 10.3 of this Agreement.
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Aggregate Net Income means the sum of the net income of ▇▇▇ ▇▇▇ for the fiscal years ending 31 December 2010, 31 December 2011, and 31 December 2012, as set forth in the 2010 Earn-Out Statement and the 2011 & 2012 Earn-Out Statements.
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Examples of Aggregate Net Income in a sentence

  • If the Actual Aggregate Net Income equals or exceeds the Target Net Income, the Award Units shall be considered earned in full, subject, however, to vesting and forfeiture as provided below.

  • For purposes of this Section 2.06(b), the Baxalta Parties may only deliver a Net Income Dispute Notice on the basis that the Baxter Parties’ calculation of the Aggregate Net Income Amount (or any component thereof): (1) was not in accordance with the principles set forth on Schedule 2.05(b); or (2) contains mathematical errors in its calculation.

  • Permit or suffer Tangible Net Worth to be less than, (i) on June 30, 1997 and September 30, 1997, $9,500,000, (ii) on December 31, 1997, $8,900,000 and (iii) as of the end of each fiscal quarter of the Borrowers beginning March 31, 1998 and thereafter, less than (x) $9,500,000, plus (y) as of the date of determination, 50% of Aggregate Net Income.

  • Following a Distribution, the Net Income Amount of Baxter Argentina S.A. or Baxter de Venezuela C.A., as applicable, for all calendar months since the date of the last Distribution shall each be included in the calculation of the next Aggregate Net Income Amount, up to a maximum amount equal to the applicable Distribution.

  • If the Actual Aggregate Net Income equals or exceeds the Minimum Net Income but is less than the Target Net Income, one-half of this Option (rounded down to the next whole Share) shall be considered earned, subject, however, to vesting and forfeiture as provided below; and the balance of this Option, and rights associated therewith, shall be forfeited as of the last day of the Performance Period.

  • Permit its Consolidated Tangible Net Worth to be less than, on September 30, 1997, $9,500,000, and as of the end of each fiscal quarter of the Company beginning December 31, 1997 and thereafter, less than (i) $9,500,000, plus (ii) as of the date of determination, 50% of Aggregate Net Income.

  • SI shall maintain Tangible Net Worth as of July 31, 2002, and as of the end of each fiscal year of SI thereafter, equal to or greater the sum of (a) SI’s Tangible Net Worth as of July 31, 2001, and (b) 50 percent of the sum of (i) Aggregate Net Income, and (ii) any capital injections or equity infusions during the period in question.

  • Permit or suffer Tangible Net Worth to be less than, on June 30, 1997 and September 30, 1997, $9,500,000, and as of the end of each fiscal quarter of the Borrowers beginning December 31, 1997 and thereafter, less than (i) $9,500,000, plus (ii) as of the date of determination, 50% of Aggregate Net Income.

  • Except in the event of a Change in Control (in which case the determination will be made assuming the Actual Aggregate Net Income equals or exceeds the Target Net Income), the determination of the number of earned Shares under Option shall not occur until after the Performance Period has ended and the Committee has determined the number of earned Shares under Option.

  • Nothing in this Supplemental Agreement or the Units, express or implied, shall give to any Person, other than the parties hereto and thereto and their successors hereunder and thereunder and the Holders of the Units, any benefit of any legal or equitable right, remedy or claim under the Purchase Contract Agreement, this Supplemental Agreement or the Units.


More Definitions of Aggregate Net Income

Aggregate Net Income means, as calculated from time to time, the excess of the aggregate Net Income for the then-current and all previous Accounting Periods over the Aggregate Net Loss for the then-current and all previous Accounting Periods, taking into account adjustments under Section 4.5(b).
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Aggregate Net Income means the sum of the Net Income of each member of the Target Group, calculated in accordance with the methodology set out in Part 3 of Schedule 3, converted into US$ at the Consideration FX Rate;
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Aggregate Net Income means the total net income of the Acquisition Target Entity realized from the closing date of the Acquisition Transaction up through the applicable measuring date.
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Aggregate Net Income means Net Income during SI’s 2002 fiscal year and during subsequent fiscal years of SI (without deduction for losses).
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Related to Aggregate Net Income

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • 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.

  • 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.

  • Net Income or Net Loss means, for each Fiscal Year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period, as determined for federal income tax purposes, determined by the Accountants in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), with the following adjustments:

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.