Adjusted Net Revenues definition

Adjusted Net Revenues means for any operating year the excess of revenues over expenses for the System determined in accordance with generally accepted accounting principles, to which shall be added depreciation, amortization, interest expense on Bonds and payments to the City in lieu of taxes, to which may be made the following adjustments.

Adjusted Net Revenues means the Net Revenues, adjusted for purposes of Section 7.1.C(ii) as provided in Section 7.3.

Adjusted Net Revenues means for any operating year the Net Revenues to which may be made the following adjustments:

Examples of Adjusted Net Revenues in a sentence

• Concluding that the amount of Adjusted Net Revenues in the fifth Fiscal Year described in Section 7.1.C(ii)(a) is at least equal to one hundred twenty-five percent (125%) of the Maximum Annual Bond Debt Service, calculated for the period beginning with that fifth Fiscal Year on all then Outstanding Bonds, with the proposed Parity Bonds treated as Outstanding.

• Coverage Test 1 is the ratio of Adjusted Net Revenues divided by Adjusted Debt Service for a minimum ratio of 1 time.

• Concluding that the amount of Adjusted Net Revenues in the fifth fiscal year described in Section B.3.C.(ii)(a) is at least equal to one hundred twenty percent (120%) of the maximum annual debt service on the Loan, all outstanding senior lien obligations, and all outstanding Parity Obligations, with the proposed Parity Obligations treated as outstanding.

• Adjusted Net Revenues means net revenues less raw material purchase costs plus (minus) derivative financial instrument gain (loss) (“Net Revenues”) excluding change in fair value of embedded derivatives and after the change in the inventory margin.

• Bonds for such purposes shall not be issued pursuant to this subparagraph (b) unless the Adjusted Net Revenues of the System for the preceding twelve-month operating year shall be at least equal to one hundred percent (100%) of the maximum amount of principal and interest thereafter maturing in any operating year on the then outstanding bonds and on the additional bonds then being issued.

More Definitions of Adjusted Net Revenues

Adjusted Net Revenues means Net Revenues plus, in the case of the acquisition by Housecall or its Subsidiaries of any Receivables in connection with any Permitted Acquisition during any calculation period, the gross revenues of the Person or business segment acquired relating to such Receivables (less contractual adjustments) from the first day of such calculation period through the date such Receivables are acquired.

Adjusted Net Revenues for any Fiscal Year means Net Revenues in such Fiscal Year (as adjusted for any deferred revenues), plus withdrawals, if any, from the Rate Stabilization Fund that have been allocated to such Fiscal Year pursuant to the Master Resolution (other than withdrawals constituting deferred revenues), less deposits, if any, into the Rate Stabilization Fund that have been allocated to such Fiscal Year pursuant to the Master Resolution (other than deposits constituting deferred revenues).

Adjusted Net Revenues means, with respect to a District, for any period (a) the Adjusted Revenues of such District for such period, less (b) the Operation and Maintenance Costs of such District for such period.

Adjusted Net Revenues for any Fiscal Year means Net Revenues in such Fiscal Year (as adjusted for any deferred revenues), plus withdrawals, if any, from the Rate Stabilization Fund that have been allocated to such Fiscal Year pursuant to the Master Resolution, less deposits, if any, into the Rate Stabilization Fund that have been allocated to such Fiscal Year pursuant to the Master Resolution. On such date none of the 2008 Bonds are outstanding, “Adjusted Net Revenues” for any Fiscal Year means Net Revenues in such Fiscal Year (as adjusted for any deferred revenues), plus withdrawals, if any, from

Adjusted Net Revenues for purposes of this Agreement, shall mean the aggregate of all monies paid to Carnival in connection with passengers' use of the revenue-generating and pay-per-view entertainment Services described on Exhibit B hereto and charged to such passengers' respective on-board accounts by Carnival (monies paid or payable in respect of [Redacted - confidential treatment requested], less (i) the cost to SeaVision of goods sold in the case of products and services sold on the System, (ii) the cost to SeaVision of pay-per-view programming provided on the System, (iii) the commissions paid by SeaVision for advertising sold on the System, (iv) if the aggregate of all of the Adjusted Net Revenues generated by all of the Systems then or theretofore installed on-board the Ships, from the commencement of this Agreement, [Redacted - confidential treatment requested], all costs of the [Redacted - confidential treatment requested] and any other costs incurred by SeaVision [Redacted - confidential treatment requested] which are approved by Carnival in writing, [Redacted - confidential treatment requested] and (vi) credits paid by Carnival to passengers in the case of gaming on the System. Any costs and expenses set forth in the foregoing clauses (i), (ii) and (iii) [Redacted - confidential treatment requested] unless approved in writing by Carnival, which approval shall not unreasonably be withheld, delayed or conditioned. The aggregate amount of any costs and expenses set forth in the foregoing clauses (i) through (iv), inclusive, shall be [Redacted - confidential treatment requested] the aggregate amount of any costs and expenses set forth in the foregoing clauses (v) and (vi), [Redacted -confidential treatment requested] in connection with passengers' use of the revenue-generating and pay-per- view entertainment Services described on Exhibit B hereto and charged to such passengers' respective on-board accounts [Redacted - confidential treatment requested].

Adjusted Net Revenues has the meaning set forth in Section 2.10(a).

Adjusted Net Revenues means Net Revenues as calculated pursuant to subsection I of Section 4.2.