Consolidated Net Income

Example Definitions of "Consolidated Net Income"
Consolidated Net Income. Shall mean, with respect to any Person, for any period, the amount of consolidated net income (or loss) of such Person and its Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.
Consolidated Net Income. Shall mean, with With respect to any Person, for any period, the amount of consolidated net income (or loss) of such Person and its consolidated Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.
Consolidated Net Income. Shall mean, Means, with respect to any Person, for any period, the amount of consolidated net income (or loss) of such Person and its Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.
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Consolidated Net Income. And (f) any loss or gain resulting from the cancellation/monetization of Swap Agreements in place, provided that the Borrower is in compliance with all other covenants and the Borrowing Base is adjusted to reflect the impact of such cancellation/monetization, provided that no such gain or loss shall be excluded if such gain or loss occurs after the earlier of (i) the Initial Public Offering and (ii) December 31, 2005;
Consolidated Net Income. And (f) any loss or gain resulting from the cancellation/monetization of Swap Agreements in place, provided that the Borrower is in compliance with all other covenants and the Borrowing Base is adjusted to reflect the impact of such cancellation/monetization, provided further that no such gain or loss shall be excluded if such gain or loss occurs after the earlier of (i) the Initial Public Offering and (ii) December 31, 2005;
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Consolidated Net Income. For any period the net income (or loss) of the Company for such period determined on a consolidated basis in accordance with generally accepted accounting principles; provided, however, that there shall be excluded therefrom (to the extent included and without duplication) (i) all management fees payable for such period to Sponsor (or its designees) pursuant to the management agreement between the Company and Sponsor, (ii) any Annual Bonus payable to Executive pursuant to this Agreement) (iii)... any Annual Bonus payable to Julian R. Geiger ("Geiger") pursuant to any employment agreement between the Company and Geiger then in effect, and (iv) all extraordinary gains and extraordinary losses (as defined by GAAP), and (v) all preferred dividends. The calculation of Consolidated Net Income for the 2001 Fiscal Year is set forth on Exhibit A. View More Arrow
Consolidated Net Income. For any period the net income (or loss) of the Company for such period determined on a consolidated basis in accordance with generally accepted accounting principles; provided, however, that there shall be excluded therefrom (to the extent included and without duplication) (i) all management fees payable for such period to Sponsor (or its designees) pursuant to the management agreement between the Company and Sponsor, (ii) any Annual Bonus payable to Executive pursuant to this Agreement) Agreement, (iii) any Annual Bonus payable to Julian R. Geiger ("Geiger") John Mills ("Mills") pursuant to any employment agreement between the Company and Geiger Mills then in effect, and (iv) all extraordinary gains and extraordinary losses (as defined by GAAP), and (v) all preferred dividends. The calculation of Consolidated Net Income for the 2001 Fiscal Year is set forth on Exhibit A. View More Arrow
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Consolidated Net Income. Means with respect to any period, the net income of the Corporation for such period determined on a consolidated basis in accordance with GAAP, adjusted by excluding, (a) all extraordinary gains (but not losses) for such period, (b) all gains (but not losses) from sales or other dispositions of assets out of the ordinary course of business (net of taxes, fees and expenses relating to the transaction giving rise thereto) for such period, (c) that portion of such net income ... derived from or in respect of investments, except to the extent actually received in cash by the Corporation, and (d) the net income (or loss) or any other entity combined with the Corporation on a "pooling of interests" basis attributable to any period prior to the date of combination. View More Arrow
Consolidated Net Income. Means, for any period, the aggregate of the net income (loss) of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP, provided, however, that there shall be excluded from such net income (to the extent otherwise included therein) (i) the net income (loss) of any Person which is not a Subsidiary at such time and which is consolidated for accounting purposes with the Company or accounted for by the equity method of accounting, except to the... extent of the amount of cash dividends or distributions paid to the Company or to a Subsidiary; (ii) except to the extent includable pursuant to clause (i), the income (loss) of any Person accrued prior to the date on which it becomes a Subsidiary of such Person or is merged into or consolidated with such Person or any of its Subsidiaries; and (iii) the income (loss) of any Subsidiary to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of that income (loss) is not at the time permitted by operation of the terms of its charter or any agreement, instrument (other than this Agreement), judgment, decree, order, statute, rule or governmental regulation applicable to the Subsidiary. View More Arrow
Consolidated Net Income. Shall mean, for any period, the net income or loss of the Borrower and its consolidated Subsidiaries for such period determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded (a) the income of any Non-Recourse Joint Venture or any other Person (other than the Borrower) in which any other Person (other than the Borrower or any consolidated ... Subsidiary of the Borrower or any director holding qualifying shares in compliance with applicable law) owns an equity interest, except to the extent of the amount of dividends or other distributions actually paid to the Borrower or any of its consolidated Subsidiaries (other than Non-Recourse Joint Ventures) during such period, and (b) (except as otherwise specified in the definition of Consolidated EBITDA in connection with Material Transactions), the income or loss of any Person accrued prior to the date it becomes a Subsidiary of the Borrower or is merged into or consolidated with the Borrower or any Subsidiary of the Borrower or the date that such Person's assets are acquired by the Borrower or any Subsidiary of the Borrower. View More Arrow
Consolidated Net Income. Shall mean for any period, the net income (or loss) of Parent and its Subsidiaries on a consolidated basis for such period taken as a single accounting period determined in conformity with GAAP.
Consolidated Net Income. With respect to any Person and its Subsidiaries for any period, the aggregate of the net income (loss) of such Person and its Subsidiaries, on a consolidated basis, for such period (excluding to the extent included therein any extraordinary or unusual and non-recurring gains) after deducting all charges which should be deducted before arriving at the net income (loss) for such period and, without duplication, after deducting the Provision for Taxes for such period, all as determined in... accordance with GAAP; provided, that, (A) the net income of any Person that is not a wholly-owned Subsidiary or that is accounted for by the equity method of accounting shall be included only to the extent of the amount of dividends or distributions paid or payable to such Person or a wholly-owned Subsidiary of such Person; (B) except to the extent included pursuant to the foregoing clause, the net income of any Person accrued prior to the date it becomes a wholly-owned Subsidiary of such Person or is merged into or consolidated with such Person or any of its wholly-owned Subsidiaries or that Person's assets are acquired by such Person or by its wholly-owned Subsidiaries shall be excluded; and (C) the net income (if positive) of any wholly-owned Subsidiary to the extent that the declaration or payment of dividends or similar distributions by such wholly-owned Subsidiary to such Person or to any other wholly-owned Subsidiary of such Person is not at the time permitted by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to such wholly- 2 owned Subsidiary shall be excluded. For the purposes of this definition, net income excludes any gain (or loss) together with any related Provision for Taxes for such gain (or loss) realized upon the sale or other disposition of any assets that are not sold in the ordinary course of business (including, without limitation, Asset Sales and dispositions pursuant to sale and leaseback transactions) or of any Capital Stock of such Person or a Subsidiary of such Person and any net income realized or loss incurred as a result of changes in accounting principles or the application thereof to such Person, except, that, solely for purposes of calculating the minimum amount of EBITDA during the fiscal year of Hanover and its Subsidiaries ending December 29, 2001 pursuant to Section 6.31 of the Loan Agreement, Hanover and its Subsidiaries may include the net income derived from the sale of the HDPI Real Property permitted by the letter, dated as of April 30, 2001, by Congress to HDPI and Hanover Re: Sale of 101 Kindig Lane Facility of Hanover Direct Pennsylvania, Inc. and from the sale of the LWI Assets permitted by the letter, dated as of June 13, 2001, by Congress to LWI, Keystone Internet, Hanover Brands and Hanover Re: Sale of Certain Assets of the "Improvements" Mail Order Catalog Business of LWI Holdings, Inc. View More Arrow
Consolidated Net Income. Means, with respect to Holdco and its Subsidiaries on a consolidated basis or for any other Person for any period, the net income (or loss) of Holdco and its Subsidiaries or such Person for such period, calculated in accordance with GAAP.
Consolidated Net Income. Means, with respect to Payor for any period, the aggregate of the Net Income of Payor and its Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that: (1) the Net Income (but not loss) of any Person that is not a Subsidiary or that is accounted for by the equity method of accounting will be included only to the extent of the amount of dividends or distributions paid in cash to the specified Person or a wholly owned Subsidiary of the Person; (2)... the Net Income of any Subsidiary will be excluded to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of that Net Income is not at the date of determination permitted without any prior governmental approval (that has not been obtained) or, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary or its stockholders; View More Arrow
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