Annual Turnover definition

Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.
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Annual Turnover means the Turnover during the twelve months immediately before the date of the Damage.*
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Annual Turnover means the Turnover during the twelve months immediately before the day of commencement of the Period of Insurance.
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Examples of Annual Turnover in a sentence

  • The Tenant must ensure that the Annual Turnover Certificate states as accurately as the Tenant is reasonably able to do so the amount of the Turnover during the relevant Turnover Period.

  • Upon receipt of an Annual Turnover Certificate, the Landlord must calculate the Turnover Rent for the Turnover Period and serve on the Tenant a demand for any balance due taking into account all On-Account Payments made in respect of the relevant Turnover Period.

  • The Annual Turnover Certificate must contain such details as to the method of calculation as the Landlord may reasonably require.

  • The Bidder shall have a minimum Average Annual Turnover (updated to the price level of the year based on factors indicated in the table below) of [15% of the Estimated Project Cost] for the last 5 (five) financial years.


More Definitions of Annual Turnover

Annual Turnover means the Turnover during the twelve (12) months immediately before the date of the loss, destruction or damage by a peril insured against.
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Annual Turnover means the Turnover during the twelve months immediately before the date of the Accident
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Annual Turnover the “turnover” during the 12 months immediately before the date of the destruction or damage by ▇▇▇▇▇▇ insured against
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Annual Turnover means the total amount of money or money's worth earned by the Licensee from all sources arising out of or in connection with the Licensee's business in or from the Cayman Islands (which includes any fees derived from the use by the Licensee or a third party to advertise, whether directly or indirectly, on the channels broadcasted by the Licensee) in any Licensee Financial Year of the Licence (money or money’s worth earned from transactions with Affiliates are to be included as if those transactions are made at a minimum of open market value on an arm's length basis).
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Annual Turnover means turnover of the Company as reflected in the Audited Financial Statements of the preceding Financial Year on standalone basis;
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Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of
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Annual Turnover means such turnover in Million Units of Electricity (MU) which is calculated considering the total number of units cleared in all types of transactions on a Power Exchange in a financial year.
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