Revenue Calculation Sample Clauses

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.
AutoNDA by SimpleDocs
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. 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. (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. In determining the revenue of the Business for
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.
AutoNDA by SimpleDocs
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. 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.

Related to Revenue Calculation

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Proration of calculations If less than total program funding is subject to interest calculation procedures, the resulting interest liability calculations shall be prorated to 100% of program funding.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • Pro Forma Calculations (a) Notwithstanding anything to the contrary herein, the Secured Leverage Ratio and the Total Leverage Ratio shall be calculated in the manner prescribed by this Section. (b) In the event that the Parent Borrower or any Restricted Subsidiary incurs, assumes, guarantees, redeems, repays, retires or extinguishes any Indebtedness included in the definitions of Consolidated Secured Debt or Consolidated Total Debt, as the case may be (in each case, other than Indebtedness incurred or repaid under any revolving credit facility in the ordinary course of business for working capital purposes), subsequent to the end of the Test Period for which the Secured Leverage Ratio and the Total Leverage Ratio, as the case may be, is being calculated but prior to or simultaneously with the event for which the calculation of any such ratio is made, then the Secured Leverage Ratio and the Total Leverage Ratio shall be calculated giving pro forma effect to such incurrence, assumption, guarantee, redemption, repayment, retirement or extinguishment of Indebtedness, as if the same had occurred on the last day of the applicable Test Period. (c) For purposes of calculating the Secured Leverage Ratio and the Total Leverage Ratio, Specified Transactions that have been made by the Parent Borrower or any of its Restricted Subsidiaries during the applicable Test Period or subsequent to such Test Period and prior to or simultaneously with the event for which the calculation of any such ratio is made shall be calculated on a pro forma basis assuming that all such Specified Transactions (and the change in Consolidated EBITDA resulting therefrom) had occurred on the first day of the applicable Test Period. If since the beginning of any such Test Period any Person that subsequently became a Restricted Subsidiary or was merged, amalgamated or consolidated with or into the Parent Borrower or any of its Restricted Subsidiaries since the beginning of such Test Period shall have made any Specified Transaction that would have required adjustment pursuant to this Section, then the Secured Leverage Ratio and the Total Leverage Ratio shall be calculated giving pro forma effect thereto for such period as if such Specified Transaction occurred at the beginning of the applicable Test Period. (d) Notwithstanding the foregoing, when calculating the Secured Leverage Ratio and Total Leverage Ratio for purposes of determining compliance with Section 7.14 at the end of a Test Period (excluding determinations of compliance with such Section on a pro forma basis pursuant to Sections 2.05(b)(ii), 2.14, 6.14 and 7.04), the definition of “Applicable Rate” and Sections 2.05(b)(i) and 2.05(b)(ii), the events described in Sections 1.10(b) and 1.10(c) above that occurred subsequent to the end of the Test Period shall not be given pro forma effect. (e) Whenever pro forma effect is to be given to a Specified Transaction (other than the Transactions), the pro forma calculations shall be made in good faith by a responsible financial or accounting officer of the Parent Borrower (and may include, for the avoidance of doubt, cost savings, operating expense reductions and synergies resulting from such Specified Transaction (other than the Transactions) which is being given pro forma effect that have been or are expected to be realized and shall be certified in an officers’ certificate by such responsible financial or accounting officer delivered to the Administrative Agent); provided that (A) such amounts are reasonably identifiable and factually supportable, (B) actions to realize such amounts are taken within 12 months after the date of such Specified Transaction, (C) no amounts shall be added pursuant to this clause to the extent duplicative of any amounts that are otherwise added back in computing Consolidated EBITDA with respect to such period. Notwithstanding the foregoing, calculations of the Total Leverage Ratio for purposes of the definition of “Applicable Rate” and Section 2.05(b)(i) and 2.05(b)(ii) shall not include any cost savings, operating expense reductions or synergies that have not been actually realized.

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Interest Rates Payments and Calculations (a) Interest Rate. Except as set forth in Section 2.3(b), or as ------------- specified to the contrary in any Loan Document, any Advances under this Exim Agreement shall bear interest, on the average daily balance, at a rate equal to the Prime Rate per annum.

  • Fiscal Year and Accounting Method The fiscal year of the Company shall be as designated by the Board of Directors. The Board of Directors shall also determine the accounting method to be used by the Company.

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!