Annual Revenues definition

Annual Revenues means annual revenues for the most recently completed fiscal year.

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Annual Revenues means, with respect to each applicable twelve- (12-) month period ended March 31, an amount equal to (without duplication): (i) the sum of (A) all gross revenues in such period from sales of products of Tamarac in existence as of the Closing plus (B) all gross revenues in such period from sales of new products developed by or for Tamarac plus (C) twenty-five percent (25%) of gross revenues in such period from sales by Tamarac of investment products of the Company, its Related Companies (other than Tamarac) or their respective subsidiaries (other than Tamarac’s) minus (ii) the Base Revenue Amount.

Annual Revenues means total revenues as set forth in the Company's annual audited financial statements filed with the Securities and Exchange Commission filed as part of the Company's Annual Report on Form 10-K or 10-KSB (or any successor form), as amended.

Examples of Annual Revenues in a sentence

The Suite Revenue Breakpoint then included in the Annual Revenues Computation pursuant to Subsection 3.1(b) shall be similarly adjusted, effective with any such adjustment in the Base Rent.
Percentage Rent for the applicable Fiscal Year shall be an amount equal to the applicable Annual Revenues Computation (as defined below) less an amount equal to the Base Rent paid with respect to such Fiscal Year.
In no event will the amount of Percentage Rent payable for any Fiscal Year or the result of any Annual Revenues Computation be less than zero, and there shall be no reduction in the Base Rent regardless of the result of any Annual Revenues Computation.
Gross Annual Revenues shall also be adjusted for reductions to cash receipts, such as refunds and bad debt.
Gross Annual Revenues shall not include any fee or tax on services furnished by the Licensee and paid to any governmental entity and collected by the Licensee on behalf of such entity.

More Definitions of Annual Revenues

Annual Revenues means revenues as reflected on a company's audited financial statements for the applicable fiscal year.

Annual Revenues means the sum of (A) the Company’s total revenue for a fiscal year, as reported on the Company’s Annual Report on Form 10-K for that fiscal year, which is filed with the U.S. Securities and Exchange Commission (the “SEC”) and (B) the Annualized Revenue for each Acquired Entity for the fiscal year in which a Qualifying Transaction occurs, in each case excluding any non-recurring items included on the Company’s Annual Income Statement for such fiscal year. By way of example, such non-recurring items may include, but are not limited to, litigation fees; write-offs of bad debt or worthless assets; depreciation; restructuring, merger, acquisition, sale, or other similar corporate transaction costs; interest; taxes; employee-separation costs; amounts recouped by the Company in accordance with its Clawback policy; and other extraordinary expenses.

Annual Revenues means, for any Earnout Year, Revenues for such year after taking into account the provisions of subsections (iii) and (iv) below.

Annual Revenues means consolidated revenue properly recognized under GAAP, applied in a manner consistent with past practice of the Borrower and the Subsidiaries, taken as a whole, for the last four Fiscal Quarters for which consolidated financial statements of the Borrower have been delivered pursuant to Section 7.1.

Annual Revenues means, with respect to each applicable twelve- (12-) month period ended March 31, an amount equal to (without duplication): (i) the sum of (A) all gross revenues in such period from sales of products and services of Tamarac irrespective of who sells them plus (B) (x) with respect to the twelve- (12-) month period ended March 31, 2013, twenty-five percent (25%) of gross revenues in such period from sales to Tamarac clients of investment products of the Company, its Related Companies (other than Tamarac) or their respective subsidiaries (other than Tamarac’s) and (y) with respect to each of the twelve- (12-) month periods ended March 31, 2014 and March 31, 2015, thirty-three percent (33%) of gross revenues in each such period from sales to Tamarac clients of investment products of the Company, its Related Companies (other than Tamarac) or their respective subsidiaries (other than Tamarac’s) minus (ii) the Base Revenue Amount.

Annual Revenues means all product sales revenues of the Company accrued during the relevant fiscal year, as reported on financial statements included in Company's Annual Report on Form 10-KSB for the relevant fiscal year.

Annual Revenues shall have the meaning set forth in Section 6.13(c).