Average Daily Revenue definition

Average Daily Revenue means the total gross revenue that Supplier receives or is owed in connection with the applicable Order or this Agreement as a whole (as the case may be) for the three full calendar months immediately prior to the calendar month in which Supplier receives Embarq’s notice of termination under this Section 6.3 divided by the number of days in such period.
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Average Daily Revenue. As of any Determination Date or Purchase Date during the Non-Amortization Period and with respect to any Government Contract or Government Subcontract (including any Qualified Joint Venture Contract), (a) the aggregate amount of revenue recognized by the Company in its unaudited financial statements and reports under such Government Contract or Government Subcontract during the three immediately preceding Determination Periods divided by (b) the number of Calendar Days in such three preceding Determination Periods; provided that if the related Seller has performed under such Government Contract or Government Subcontract for a period of less than three months as of such Determination Date or Purchase Date, the Average Daily Revenue will be calculated on the basis of such lesser period; provided, further, that the Average Daily Revenue shall not be calculated on the basis of a period of less than 28 Calendar Days. With respect to any Government Contract or Government Subcontract if the amount of Average Daily Revenue is expected to permanently decrease by more than 10% from the Average Daily Revenue for such Government Contract or Government Subcontract as of the preceding Determination Date or Purchase Date for which Average Daily Revenue was calculated, then the Average Daily Revenue will be adjusted immediately to an amount equal to such decreased level to the same extent as if such decrease had been in effect since the first day of the period over which the Average Daily Revenue is being calculated.
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Average Daily Revenue. As of any Determination Date or Purchase Date during the Non-Amortization Period and with respect to any Government Contract or Government Subcontract, (a) the aggregate amount of revenue recognized by the Company in its unaudited financial statements and reports under such Government Contract or Government Subcontract during the three immediately preceding Determination Periods divided by (b) the number of Calendar Days in such three preceding Determination Periods; provided, that if the related Seller has performed under such Government Contract or Government Subcontract for a period of less than three months as of such Determination Date or Purchase Date, Average Daily Revenue will be calculated on the basis of such lesser period; provided, further, that Average Daily Revenue shall not be calculated on the basis of a period of less than 28 Calendar Days. With respect to any Government Contract or Government Subcontract if the amount of average daily revenue is expected to permanently decrease by more than 10% from the Average Daily Revenue for such Government Contract or Government Subcontract as of the preceding Determination Date or Purchase Date for which Average Daily Revenue was calculated, then Average Daily Revenue will be adjusted immediately to an amount equal to such decreased level to the same extent as if such decrease had been in effect since the first day of the period over which Average Daily Revenue is being calculated.
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Examples of Average Daily Revenue in a sentence

  • The financial year 2020-21 witnessed toll revenue sharply decling by 25.85% as the Average Daily Revenue slipped from Rs. 8.69 Lakhs in FY 2019-20 to Rs 7.11 lakhs in FY 2020-21.

  • Although these events adversely affected the traffic growth across our project stretches, the Average Daily Revenue (ADR) across all the operational projects increased by 12% to ₹185.68 Lakhs in Financial Year 2019- 20 from ₹165.84 Lakhs in Financial Year 2018-19.

  • The Average Daily Revenue (ADR) significantly improved to Rs. 51.51 Lakhs in FY 2020-21 as compared to Rs. 48.47 Lakhs in FY 2019-20.

  • Although there have been significant recovery in traffic from October 2020 onwards, the Average Daily Revenue decreased by 6.83% to Rs. 31.48 lakhs in FY 2020-21 as against Rs. 33.27 Lakhs in FY 2019-20.

  • The Average Daily Revenue of Rs. 58.13 lakhs in FY 2019-20 increased marginally to Rs.58.29 lakhs in FY 2020-21.

  • The toll revenue is expected to improve further as soon as the 4 laning of Aligarh Kanpur section is completed.o Mahakaleshwar Tollways Private Limited: Post installation of new upgraded Toll Management System (TMS), the project has been able to register toll revenue growth of 1% as the Average Daily Revenue increased from ₹8.61 Lakhs in FY 2018–19 to ₹8.69 lacs in FY 2019-20 inspite of economic slowdown & COVID 19 impact.

  • The company also won an Arbitration Award of ₹47 Crores and an extension of 58 days in the concession period which has been challenged by NHAI at the Delhi High Court.o Guruvayoor Infrastructure Private Limited: During the year under review, the Company has shown a modest growth of 5.08% in Average Daily Revenue to ₹ 33.27 lakhs in FY 2019-20 as against ₹ 31.66 Lakhs in FY 2018-19.

  • The Average Daily Revenue dropped to Rs 17.01 lakhs in FY 2020-21 from Rs.20.81 Lakhs in FY-2019-20.

  • The Average Daily Revenue slightly increased to ₹20.81 lakhs in FY 2019-20 from ₹ 19.62 Lakhs in FY-2018-19.

  • The Average Daily Revenue (ADR) across all the operational projects ended up at Rs.182.55 Lakhs in financial year 2020-21 with total revenue of Rs. 626.85 Crores from Rs. 185.28 Lakhs in financial year 2019-20 with total revenue of Rs.620.50 Crores.


More Definitions of Average Daily Revenue

Average Daily Revenue means, for any period, the Gross Revenues for such period divided by the number of Business Days in such period.
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Average Daily Revenue means the sum of the Owner’s Adjusted Room Revenue for the month, divided by the number of days in the month.
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Average Daily Revenue means, for any period, the amount of net revenue of the Company during such period divided by the number of days in such period. "DSO" means (i) the sum of the Company's net accounts receivable and net work-in-process at the end of any period divided by (ii) Average Daily Revenue for such period. "Base DSO" means the average amount of DSO determined for the Professional Services Firms with respect to the period in which any Deficiency is being determined or, for all periods ending prior to the fourth anniversary hereof, the amount of DSO for the Company determined for the 1998 calendar year, if greater. Except as specifically provided to the contrary, all amounts shall be determined in accordance with generally accepted accounting principles set forth in the opinions and pronouncements of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board and Securities and Exchange Commission or their respective successors, consistently applied and maintained throughout the periods indicated.
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Average Daily Revenue means with respect to any month (x) the sum of revenues generated in such month by gaming software connected to the Cage Software, in each case less the Service Fees divided by (y) the number of days in the applicable month. Notwithstanding the foregoing, in no event shall the Service Credit in any month be greater than the Service Fees for such month. GET21 shall document each Downtime occurrence and provide such documentation to GP within ten (10) days of the occurrence, and must include a description of the Downtime with the time of the event, duration, and any diagnostic information substantiating the Downtime.
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Average Daily Revenue means Revenue as defined in Article 15.1 during a Month divided by the number of days in that Month.
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Average Daily Revenue means with respect to any month (x) the sum of revenues generated in such month by the Software, in each case less the Royalty payable to XXXX divided by (y) the number of days in the applicable month. Notwithstanding the foregoing, in no event shall the Service Credit in any month be greater than the Royalty payable to XXXX under Section 2 above for such month. Licensee shall document each Downtime occurrence and provide such documentation to XXXX within ten (10) days of the occurrence, and must include a description of the Downtime with the time of the event, duration, and any diagnostic information substantiating the Downtime.
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Related to Average Daily Revenue

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • average daily net assets of the Fund shall mean the average of the values placed on the Fund's net assets as of 4:00 p.m. (New York time) on each day on which the net asset value of the Fund is determined consistent with the provisions of Rule 22c-1 under the 1940 Act or, if the Fund lawfully determines the value of its net assets as of some other time on each business day, as of such time. The value of the net assets of the Fund shall always be determined pursuant to the applicable provisions of the Declaration and the Registration Statement. If the determination of net asset value does not take place for any particular day, then for the purposes of this section 6, the value of the net assets of the Fund as last determined shall be deemed to be the value of its net assets as of 4:00 p.m. (New York time), or as of such other time as the value of the net assets of the Fund's portfolio may be lawfully determined on that day. If the Fund determines the value of the net assets of its portfolio more than once on any day, then the last such determination thereof on that day shall be deemed to be the sole determination thereof on that day for the purposes of this section 6. You may waive all or a portion of your fees provided for hereunder and such waiver shall be treated as a reduction in purchase price of your services. You shall be contractually bound hereunder by the terms of any publicly announced waiver of your fee, or any limitation of the Fund's expenses, as if such waiver or limitation were fully set forth herein.

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Weighted Average Coupon means, with respect to Fixed Rate Obligations (excluding Defaulted Loans), as of any date, the number obtained by:

  • Average Daily Availability means the average daily Availability for the immediately preceding Fiscal Quarter.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated by dividing by three the total measured consumption of that service by that customer over the preceding three months;

  • Average Daily Balance means the balance sum computed by dividing the sum of the balance outstanding on each day from the first day of the next Billing Period by the number of days in that Billing Period. For the purpose of computation, each day’s balance is determined by adjusting the Total New Balance with payments, credit, cash withdrawal, purchases of goods and/or services obtained on the Sales Drafts and/or Cash Withdrawal Drafts received by Maybank before the Closing Date of each Billing Period;

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Average VWAP means the average of the VWAP for each Trading Day in the relevant period.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Portfolio Investment included in the Borrowing Base, on an annualized basis, the Spread of such Floating Rate Portfolio Investments, by the outstanding principal balance of such Floating Rate Portfolio Investments as of such date and dividing such sum by the aggregate outstanding principal balance of all such Floating Rate Portfolio Investments and rounding the result up to the nearest 0.01%.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Weighted Average Spread means, with respect to Floating Rate Obligations (in each case excluding Defaulted Loans), as of any date, the number obtained by:

  • Average Delinquency Ratio on any Payment Date means the average of the Delinquency Ratios for the preceding three calendar months.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported on the Pink Open Market. If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 12 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;