Annualized Revenue definition

Annualized Revenue means rental revenue excluding tenant recoveries, recognized in accordance with IFRS, in the month of December 2019 multiplied by twelve months.

Annualized Revenue means contractual base rent for the month subsequent to the quarterly reporting period multiplied by 12 months. Annualized revenue excludes revenue from properties classified as assets held for sale.

Annualized Revenue means four times the sum of (1) total interest, fee, and dividend income, and (2) total non-interest revenues (in the case of (1) and (2), as reflected in the then applicable quarterly financial statements of the Partnership).

Examples of Annualized Revenue in a sentence

• Revenue on an Annual Basis* (i.e. the current fiscal year-to-date Revenue annualized) to Working Capital Greater than Zero and Equal to or Less than 37.0:1.0 * Annualized Revenue from intercompany sales are excluded from this calculation.

• In the event the accounts receivable collected during the Collection Period are less than 90% of the Guaranteed Receivables Amount, then either (i) the Net Annualized Revenue set forth in Section 1.3(b) shall be reduced by an amount equal to the difference between the Guaranteed Receivables Amount and the amount of the accounts receivable actually collected (the "Shortfall") or (ii) Seller and Transcend shall pay to Purchaser the Shortfall amount in cash.

• Failure on the part of Seller or Transcend so to object shall constitute an acceptance of CORE's claim and if the amount to which CORE or Purchaser is entitled is not paid by Seller or Transcend within ten (10) days of such determination, then CORE shall have the right to satisfy all or part of such indemnification obligations by reducing the Net Annualized Revenue (as calculated in Section 1.3(b)) by an amount equal to such indemnification claim.

• If the Section 1.2 Accounting Firm concludes that Annualized Revenue was underreported, or that Annualized Pruco Revenue was overreported, in each case, in such Revenue Statement by more than five percent (5%), the Buyer shall promptly reimburse the Seller for the reasonable out-of-pocket costs of the Section 1.2 Accounting Firm’s inspection and audit.

• If the Annualized Revenue set forth in the Six Month Final Revenue Statement equals (ii) less than 90% of the Target Annual Revenue,Purchaser shall pay to (A) Host Inc.

More Definitions of Annualized Revenue

Annualized Revenue means, as at any day, gross revenues of the Restricted Companies (determined on a combined basis without duplication in accordance with GAAP) for the period of three complete calendar months ending on, or most recently ended prior to, such day multiplied by 4.

Annualized Revenue means the amount determined by multiplying (A) an Acquired Entity’s total revenue for the period beginning on the closing date of a Qualifying Transaction and ending on the last day of the Company’s fiscal year in which the Qualifying Transaction occurred (the “Measurement Period”), as reported in audited financial statements prepared on behalf of the Company, by (B) a fraction, the numerator of which is the number of calendar days in the applicable fiscal year and the denominator of which is the number of calendar days in the Measurement Period.

Annualized Revenue means (i) with respect to the 2011 Revenue Measurement Date, the actual Revenue paid under the Master Professional Services Agreement for the three month period ending on the 2011 Revenue Measurement Date multiplied by four and (ii) with respect to the MSA Termination Date, the actual Revenue paid under the Master Professional Services Agreement for the three month period ending on the MSA Termination Date multiplied by four.

Annualized Revenue means (i) with respect to the 2012 Revenue Measurement Date, the actual Revenue paid under the Master Professional Services Agreement for the three-month period ending on the 2012 Revenue Measurement Date multiplied by four, and (ii) with respect to the MSA Termination Date, the actual Revenue paid under the Master Professional Services Agreement for the three-month period ending on the MSA Termination Date multiplied by four.”

Annualized Revenue means the product of (1) the revenue of AST for the three full calendar months preceding the Closing Date, determined in accordance with GAAP consistent with past practices, and (2) four; provided, however, that (A) for purposes of determining Annualized Revenue, to the extent a Client has been a Client of AST for less than three full calendar months preceding the Closing Date, revenue attributable to that Client for purposes of subpart (1) above shall be the actual revenue from that Client during such period, determined in accordance with GAAP consistent with past practices, multiplied by the quotient obtained by dividing thirteen by the number of complete weeks the Client has been a Client of AST; and (B) there shall be excluded from Annualized Revenue all fees during such three calendar months that are attributable to Clients (x) from which Consents to the Transactions are required but are not obtained as of the close of business on the Business Day immediately preceding the Closing Date, or (y) who have advised AST of their intentions to close their accounts with AST (other than for the reason set forth in subpart (y) of the definition of Material Adverse Effect). For avoidance of doubt, all fees during the three calendar months preceding the Closing Date that are attributable to Clients that are terminated by AST at the request of WT pursuant to Section 8.10 of this Agreement shall be included in subpart (1) above.

Annualized Revenue means, for each Post-Closing Period, (a) the related Acquired Assets Revenue, multiplied by (b) four (4).

Annualized Revenue means, for any Tenant Site Asset as of any date of determination, (a) the Rent expected to be payable by Tenants with respect to such Tenant Site Asset to an Asset Entity pursuant to a Tenant Lease for the following twelve (12) month period (calculated based on the minimum Rent payable by such Tenants during such twelve (12) month period in which such calculation is made and excluding any Rent payable under Non-Performing Tenant Leases, any Shared Rent and Rent attributable to Deferred Additional Tenant Site Assets and any related Tenant Leases thereof plus(b) an amount equal to the average Contingent Rent paid by Tenants during the immediately preceding twelve (12) month period. It is understood and agreed that for the purposes of calculating Annualized Revenue, (x) revenue from Tenant Leases with payments less frequently than monthly will be allocated based on the portion of such revenue allocable to each calendar month and (y) Tenant Site Assets acquired during any calendar month shall be deemed to have been acquired on the first day of such calendar month. Notwithstanding the foregoing, only the disputed portion of the Rent relating to a Non-Performing Tenant Lease under clause (a) of the definition thereof shall be excluded from the determination of Annualized Revenue and all continuing Rent shall be included for such determination.