Accrued Revenues definition

Accrued Revenues means the Revenues accrued by Purchaser or any of its Affiliates in consideration for Services provided from and after the Closing pursuant to (1) all Independent Facility Contracts and (2) all Independent Facility Arrangements for the Line(s) of Business any Seller historically provided to each such Independent Facility; provided, however, that for the purposes of this Section 2.2(b), all Revenues accrued by Purchaser or any of its Affiliates in respect of all products and services sold or provided from and after the Closing by the retail pharmacies identified at Schedule 2.2(b)(i)(B) shall be deemed Accrued Revenues.
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Accrued Revenues shall have the meaning set forth in Section 2.2(b)(i)B hereof.
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Accrued Revenues means all net revenues to the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP, except, with respect to equipment sales, which are net of cost of goods sold.
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Examples of Accrued Revenues in a sentence

  • If the Company Accrued Revenues are more than $9 million, then the Purchase Price shall be $40,650,000 plus an amount equal to $4.065 for each $1 in Company Accrued Revenues above $9 million.

  • Each such Earnout Payment Statement shall set forth in reasonable detail the information and data used in the calculation of the Earnout Payment (or the absence thereof) in question, including a listing of all Independent Facilities used in such calculation of the amount of Accrued Revenues and the amount of Accrued Revenues attributable to each such Independent Facility.

  • The amount of the Company's Accrued Revenues as set forth in the Audited Financial Statements shall be final and non-appealable by the parties hereunder for purposes of calculating the Purchase Price in the manner set forth above.

  • The aggregate purchase price (the "Purchase -------------- Price") to be paid by Parent in the Merger for all outstanding Units of the Company and rights therefor will be equal to $40,650,000, provided that the Company's accrued but not deferred revenues for calendar year 1999, determined in accordance with generally accepted accounting principles (the "Company Accrued Revenues") equal $9 million.

  • The Accounting Firm shall subsequently release on a quarterly basis, the Accrued Revenues to the W2E Debenture Holders and the W2E Note Holders on a first-in and first-out schedule, such schedule to be ratified by all parties.

  • Seller does not have any Accrued Revenues or amounts otherwise due from any Person which is an Affiliate (as defined in Section 11.19) of Seller.

  • If the Company Accrued Revenues are less than $9 million, then the Purchase Price shall be $40,650,000 minus an amount equal to $4.065 for each$1 in Company Accrued Revenues below $9 million.

  • If the Company Accrued Revenues are less than $9 million, then the Purchase Price shall be $40,650,000 minus an amount equal to $4.065 for each $1 in Company Accrued Revenues below $9 million.


More Definitions of Accrued Revenues

Accrued Revenues has the meaning ascribed thereto in Section 6.2(a);
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Accrued Revenues means revenues attributable, as of any date of determination, to an open Vehicle rental contract which have been earned but not billed as of such date.
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Related to Accrued Revenues

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Accrued Amounts means any unpaid annual base salary accrued through the date of a Participant’s Qualifying Termination and any accrued but unpaid vacation pay.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.