Revenue Calculation Sample Clauses

The Revenue Calculation clause defines how revenue is determined and measured under the agreement. It typically outlines the specific sources of income to be included, the accounting methods to be used, and any relevant timeframes or adjustments, such as deductions for returns or discounts. By establishing a clear and consistent method for calculating revenue, this clause helps prevent disputes and ensures that all parties have a mutual understanding of the financial basis for payments or performance obligations.
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Revenue Calculation. Revenue is achieved and potential commission is earned when the actual advertisement runs. The employee must be an active employee at the time that the advertisement runs for there to be any potential commission due. Any advertisements that were scheduled or sold to run on dates after the employee’s termination date shall not be included in the employee’s revenue calculations since the commissions on such advertisements have not yet been earned.
Revenue Calculation. (a) Subject to Section 7(a), American and Guarantor agree that in the event of certain changes in the average price per gallon that American pays for jet fuel, American will adjust the amount payable as set forth in Schedule 2 hereto. (b) For purposes of this Agreement, “Passenger Ticket Revenue” for each Air Service Flight shall be the total amount paid by passengers in connection with the applicable Air Service Flight, less applicable taxes, and shall be rate-prorated by segment. A rate-prorate is used to divide total Passenger Ticket Revenue paid per Air Service Flight among the actual number of segments flown by each Air Service passenger according to the ratio of each segment’s local fare to the sum of all the local fares applicable to the passenger’s actual itinerary. (c) For purposes of this Agreement, (i) “Partner Miles Revenue” shall mean the marketing revenue received from third parties related to the purchase of AAdvantage® miles; (ii) “Baggage and Cargo Revenue” shall mean all revenue earned from the storage of baggage and cargo on any given Air Service Flight; and (iii) “Ancillary Revenue” shall mean revenue resulting from sales on-board the Air Service Flight.
Revenue Calculation. As a component to the ISO’s calculation of the total net cost of each Initiating Generator and Viable and Sufficient Generator Deactivation Solution, the ISO shall calculate the estimated revenues thereof. 38.8.1.4.1 If an Initiating Generator or other Generator that has been determined to be a Viable and Sufficient Generator Deactivation Solution has a contract pursuant to which it provides energy, capacity, or ancillary services, the ISO shall also, for the period of such contract, calculate the estimated revenues for the provision of energy, capacity or ancillary services thereunder.
Revenue Calculation. For purposes of determining the appropriate revenue or Gross Margin allocation under Section 4.1.4, in cases where a single product or service is sold, the revenues received shall be deemed to equal the gross revenues (before sales commission) collected from the end user or the OEM customer and the Gross Margin shall be calculated in accordance with Section 21.20. In cases where multiple products or services are sold in a bundled sale, the revenues per product or service will be calculated by computing the overall discount (or ***, whichever is lower) from list price for the bundled sale (or the aggregate sum of the list prices for each individual component in the bundled sale, if there is no list price for the bundled sale) and applying that discount to the list price for the product. *** APPROXIMATELY 10 LINES OMITTED ***.
Revenue Calculation. Revenue is achieved and potential commission is earned when the actual advertisement runs. The employee must be an active employee at the time that the advertisement runs for there to be any potential commission due. Any advertisements that were scheduled or sold to run on dates after the employee’s termination date shall not be included in the employee’s revenue calculations since the commissions on such advertisements have not yet been earned. At The Company’s sole discretion, and commencing no sooner than July 1, 2015, Revenue Achievement for all interactive sales resulting from a joint sales effort of an Interactive Representative and a Sales Representative, shall be split with the allocation of 60% of the credit to the Interactive Representative and 40% of the credit to the Sales Representative. The Company shall provide 30 days notice to the Guild of this change prior to implementation to allow for discussion.
Revenue Calculation. Revenue is recognized in accordance with US GAAP and will be adjusted for the following items: • To neutralize foreign exchange fluctuations throughout the Performance Period • For divestitures, the remainder of the performance period is excluded from results and targets will be modified accordingly. For acquisitions, business results will be included and targets will be adjusted using pro-forma numbers. • Changes in accounting principles and tax laws Adjusted EBITDA is defined as Net Operating Income, adding back Depreciation, Amortization and Portfolio Amortization and will be adjusted for the following items: • To neutralize foreign exchange fluctuations throughout the Performance Period • One-time transaction costs are excluded. Gain or loss on the sale of a business is excluded. For divestitures, the remainder of the performance period is excluded from results and targets will be modified accordingly. For acquisitions, business results will be included and targets will be adjusted using pro-forma numbers. • Changes in accounting principles and tax laws Net Income is defined as reported US GAAP Net Income and will be adjusted for the following items: • To neutralize foreign exchange fluctuations throughout the Performance Period • One-time transaction costs are excluded. Gain or loss on the sale of a business is excluded. For divestitures, the remainder of the performance period is excluded from results and targets will be modified accordingly. For acquisitions, business results will be included and targets will be adjusted using pro-forma numbers. • Changes in accounting principles and tax laws
Revenue Calculation. 12.1 In the event that: 12.1.1 an Enforcement Option is exercised; and/or **** indicates material omitted and filed separately with the Commission. 12.1.2 the Buyer has a liquidated damages claim in accordance with Clause 15.1.2, the Buyer and the Seller shall, at the expense of the Seller, instruct the Experts to determine, on the Sales Date, the amount of revenue received (less operating costs and capital expenditure paid) with respect to the Station Assets during the Sales Period (the “Revenue Calculation”). Clause 14.6 shall apply to the determinations to be made under this Clause 12 save that references to “Covenant Expert” shall be construed as references to “Experts” and references to “Evaluation Report” shall be construed as references to the “Revenue Calculation” for the purposes of this Clause 12 only.
Revenue Calculation. In determining the revenue of the Business for
Revenue Calculation. [Charter school general education revenue] Increases general education revenue for a charter school by $132 per adjusted pupil unit (APU). The revenue increase under this section is equal to the revenue reduction for charter schools under the long-term facility maintenance (LTFM) proposal later in the bill and provides no additional money to charter schools. Effective for revenue for fiscal year 2026 and later.
Revenue Calculation. As soon as reasonably practicable, but not later than March 1, 2001 and March 1, 2002, as applicable, TriZetto shall deliver to the Representative a calculation of Finserv's Net Revenues for (i) the 12 months and six months ended December 31, 2000 and (ii) the 12 months and six months ended December 31, 2001, respectively, determined in accordance with GAAP and consistent with the practices used in preparing the Finserv Financial Statements certified by PricewaterhouseCoopers LLP or such other independent certified public accountant as chosen by TriZetto (the "Revenue Calculation"). The cost of such accounting firm shall be borne by TriZetto. The Representative shall have 30 days to review and approve the Revenue Calculation. If the Representative does not notify TriZetto in writing within such 30 day period that it disputes any matter set forth in the Revenue Calculation, the Revenue Calculation shall be deemed to have been accepted by the Finserv Securityholders and shall be binding upon the Finserv Securityholders and TriZetto. If any disputes arise regarding the Revenue Calculation which the Finserv Securityholders and TriZetto cannot resolve between themselves within 30 days, such questions shall be referred to the CPA, and the CPA shall be directed to resolve such questions within 7 days thereafter, and the CPA's decision shall be final and binding on all parties. The cost of the CPA shall be borne equally by the Finserv Securityholders and TriZetto.