“Net Income” means, as calculated on a consolidated basis for Borrower and its Subsidiaries for any period as at any date of determination, the net profit (or loss), after provision for taxes, of Borrower and its Subsidiaries for such period taken as a single accounting period.

“Net Income” means, as calculatedfor any period, the consolidated net income (or loss) determined for the Borrower and its Subsidiaries, on a consolidated basis forin accordance with GAAP; provided that there shall be excluded # the income (or deficit) of any Person accrued prior to the date it becomes a Subsidiary or is merged into or consolidated with the Borrower or any Subsidiary, and its Subsidiaries for# the income (or deficit) of any period as atPerson (other than a Subsidiary) in which the Borrower or any dateSubsidiary has an ownership interest, except to the extent that any such income is actually received by the Borrower or such Subsidiary in the form of determination, the net profit (or loss), after provision for taxes, of Borrower and its Subsidiaries for such period taken as a single accounting period. dividends or similar distributions.

“Consolidated Net Income” means, asfor any period, the net income of the Borrower and its Subsidiaries calculated on a consolidated basis for Borrower and its Subsidiaries for any period as at any date of determination, the net profit (or loss), after provision for taxes, of Borrower and its Subsidiaries for such period taken as a single accounting period. in accordance with GAAP.

““Net Income”Income” means, as calculatedfor any period, the consolidated net income (or loss) of the Borrower and its Subsidiaries, determined on a consolidated basis forin accordance with GAAP; provided, that there shall be excluded from such net income (to the extent otherwise included therein), without duplication: # the income (or deficit) of any Person accrued prior to the date it becomes a Subsidiary or is merged into or consolidated with the Borrower andor any of its Subsidiaries, # the income (or deficit) of any Person (other than a Subsidiary) in which the Borrower or any of its Subsidiaries forhas an ownership interest, except to the extent that any period assuch income is actually received by the Borrower or such Subsidiary in the form of dividends or similar distributions and # the undistributed earnings of any Subsidiary to the extent that the declaration or payment of dividends or similar distributions by such Subsidiary is not at the time permitted by the terms of any datecontractual obligation (other than under any Loan Document) or Requirement of determination, the net profit (or loss), after provision for taxes, of Borrower and its Subsidiaries forLaw applicable to such period taken as a single accounting period. Subsidiary.

““Consolidated Net Income” means, as calculatedIncome” means for any period, the net income (or loss) of the Borrower and its Subsidiaries on a consolidated basis for Borrower and its Subsidiaries for any period as at any date of determination, the net profit (or loss), after provision for taxes, of Borrower and its Subsidiaries for such period taken as a single accounting period. period determined in conformity with GAAP.

““Consolidated Net Income”Income” means, as calculated on a consolidated basis for any period, for the Borrower and its Subsidiaries for any period as at any date of determination,on a consolidated basis, the net profit (or loss), after provision for taxes,income of the Borrower and its Subsidiaries (excluding extraordinary gains and extraordinary losses) for such period taken as a single accountingthat period.

“Consolidated Net Income” means, as calculatedfor any period, the consolidated net income (or loss) of the Borrower and its Restricted Subsidiaries for such period, determined on a consolidated basis for Borrower and its Subsidiaries for any period as at any date of determination, the net profit (or loss), after provision for taxes, of Borrower and its Subsidiaries for such period taken as a single accounting period. in accordance with GAAP; provided, however, that there shall be excluded, without duplication:

“Consolidated Net Income”Income” means, as calculated on a consolidated basis for Borrower and its Subsidiaries for any period as at any date of determination, the net profitincome (or loss), after provision for taxes, of the Borrower and its Subsidiaries on a consolidated basis for such period taken as a single accounting period.the most recently completed Measurement Period calculated in accordance with GAAP.

““Consolidated Net Income”Income” means, as calculatedfor any period, for the Borrower and its Restricted Subsidiaries determined on a consolidated basis for Borrower and its Subsidiaries for any period as at any date of determination,basis, the net profit (or loss), after provisionincome of such Person for taxes, of Borrower and its Subsidiaries for such period taken as a single accountingthat period.

“Consolidated Net Income”Income” means, as calculatedfor any period, for ​ and its Subsidiaries on a consolidated basis for Borrowerbasis, the net income of ​ and its Subsidiaries for any period as at any date of determination, the net profit (or loss), after provision for taxes, of Borrower and its Subsidiaries for such period taken as a single accountingthat period.