Minimum Net Profit definition

Minimum Net Profit means the sum of £ [amount]
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Minimum Net Profit means $8.39 million in 2016 and $20.90 million in 2017, each as calculated in accordance with and verified by the annual financial statements of C▇▇▇▇▇▇ for the respective year approved by GSI;
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Minimum Net Profit means the sum of Rs [amount].
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Examples of Minimum Net Profit in a sentence

  • Minimum Adjusted Quick Ratio (Monthly) 1.0:1.0 _____:1.0 Yes No Minimum Net Profit (Quarterly) $ * $ Yes No *As set forth in Section 6.7(b) of the Agreement.

  • If C▇▇▇▇▇▇ does meet both the Minimum Sales Targets and Minimum Net Profit applicable to 2017, then the 2017 Certificates will be released from escrow and mailed to the Seller Stockholders in accordance with instructions they provide.

  • Borrower acknowledges that it is currently in default under the Loan Agreement by its failure to comply with (a) the Adjusted Quick Ratio covenant set forth in Section 6.7(a) thereof, and (b) the Minimum Net Profit covenant set forth in Section 6.7(b) thereof, each for the month ended March 31, 2012 (collectively, the “Existing Default”).

  • If C▇▇▇▇▇▇ does meet both the Minimum Sales Targets and Minimum Net Profit applicable to 2016, then the 2016 Certificates will be released from escrow and mailed to the Seller Stockholders in accordance with instructions they provide.

  • The Borrower was not in compliance with the "Minimum Net Profit" requirement of Section 2.14 of the Credit Agreement for the quarter ended December 31, 1999.

  • Lenders have agreed to Borrowers' requests on the condition that Borrowers agree to: (i) a permanent reduction in the Maximum Revolver Amount and agree to prepay a portion of the outstanding balance under the Term Loan, (ii) the addition of a Minimum Net Profit Covenant, (iii) a change in the pricing for the Advances and the Term Loan, and (iv) the other terms and conditions contained in this Amendment.

  • Section 2.14 of the Agreement is hereby amended to create a "Minimum Net Profit" requirement as follows: The Borrower shall achieve an after-tax profit of at least $1 for each calendar quarter commencing for the calendar quarter ending 9/30/99.

  • No payments shall be due from MZCG to the Executive under clause (i) or (ii) hereof, (A) for any calendar year following the calendar year 2002 or (B) for any calendar year in which MZCG does not achieve the Minimum Net Profit for such year, as set forth in Section 4 hereof.


More Definitions of Minimum Net Profit

Minimum Net Profit means the sum of R[amount]
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Related to Minimum Net Profit

  • Gross Profit means sales minus the cost of goods sold.

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • Net Profit means such profit as is calculated in accordance with paragraph 61;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.