Average Net Revenue. The Average Net Revenue shall be ------------------- at least $90.00 per pay telephone in operation as of the date hereof. For purposes of this Agreement, "Average Net Revenue" for such pay telephones shall mean the average of the monthly gross revenues minus telephone bills and commissions (excluding dial-around compensation) for the 18 months prior to September 30, 1997.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Communications Central Inc)
Average Net Revenue. The Average Net Revenue shall be is at ------------------- at least $90.00 70.00 per pay telephone payphone in operation by PhoneTel and the PhoneTel Subsidiaries as of the date hereof. For purposes of this Agreement, "Average Net Revenue" ------------------- for such pay telephones payphones shall mean the average of the monthly gross revenues minus telephone bills and commissions (excluding dial-around compensation) minus telephone bills (excluding operator service provider fees) and commissions for the 18 3 months prior to September 30March 31, 19971998.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Davel Communications Group Inc)
Average Net Revenue. The Average Net Revenue shall be ------------------- at least $90.00 per pay telephone in operation as of the date hereof. For purposes of this Agreement, "Average Net Revenue" for such pay telephones shall mean the average of the monthly gross revenues minus telephone bills and commissions (excluding dial-around compensation) for the 18 months prior to September 30, 1997.,
Appears in 1 contract
Samples: Agreement and Plan of Merger (Davel Communications Group Inc)
Average Net Revenue. The Average Net Revenue shall be ------------------- is at least $90.00 70.00 per pay telephone payphone in operation by PhoneTel and the PhoneTel Subsidiaries as of the date hereof. For purposes of this Agreement, "Average Net Revenue" for such pay telephones payphones shall mean the average of the monthly gross revenues minus telephone bills and commissions (excluding dial-around compensation) minus telephone bills (excluding operator service provider fees) and commissions for the 18 3 months prior to September 30March 31, 1997.1998. ARTICLE IV
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Phonetel Technologies Inc)