Annual Turnover definition

Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

Annual Turnover means the Turnover during the twelve months immediately before the date of the Damage.*

Annual Turnover means the Turnover during the twelve months immediately before the day of commencement of the Period of Insurance.

Examples of Annual Turnover in a sentence

• The information supplied should be the Annual Turnover of the Bidder in terms of the amounts billed to clients for each year for work in progress or completed to NRs at the end of the period reported.

• However, for Consortium/JV, such Average Annual Turnover should be at least 90% of the amount of tender in which the Consortium /JV intends to participate and each entity should have 20% of required Average Annual Turn Over for three preceding financial years.

• Summary of Annual Turnover on the basis of the audited financial statement of the last three financial years.

• However, in case bidder is meeting the Annual Turnover criteria of BEC based on Audited Financial Statement of any one of the preceding 3 financial years, the same shall suffice.

• Tenderer's Legal Name: Date: JV Member Legal Name: ITT No.: Page of pages Annual turnover data (applicable activities only)YearAmount and CurrencyUS$ equivalent *Average Annual Turnover *Average annual turnover calculated as total certified payments received for work in progress or completed, divided by the number of years specified in Section III, Evaluation and Qualification Criteria, Sub-Factor 2.3.2.

More Definitions of Annual Turnover

Annual Turnover means the Turnover during the twelve (12) months immediately before the date of the loss, destruction or damage by a peril insured against.

Annual Turnover means the turnover earned during 12 months immediately before the date of Damage.

Annual Turnover means the Turnover during the twelve months immediately before the date of the Accident

Annual Turnover the “turnover” during the 12 months immediately before the date of the destruction or damage by xxxxxx insured against

Annual Turnover means the “Turnover” during the twelve (12) months immediately before the date of the destruction or damage by a peril or perils insured against.

Annual Turnover means the total amount of money or money's worth earned by the Licensee from all sources arising out of or in connection with the Licensee's business in or from the Cayman Islands (which includes any fees derived from the use by the Licensee or a third party to advertise, whether directly or indirectly, on the channels broadcasted by the Licensee) in any Licensee Financial Year of the Licence (money or money’s worth earned from transactions with Affiliates are to be included as if those transactions are made at a minimum of open market value on an arm's length basis).

Annual Turnover means turnover of the Company as reflected in the Audited Financial Statements of the immediately preceding Financial Year "Arm's Length Transaction" means a transaction between two Related Parties that is conducted as if they were unrelated, so that there is no conflict of interest;