Company Revenue definition

Company Revenue means the gross cash receipts from Company operations (including sales and dispositions of Company Assets (including Contracted RECs), insurance payments, warranty payments, cash previously reserved).

Company Revenue means revenues (net of any and all sales adjustments, including but not limited to, customer credits for markdowns, promotions, returns, damages, cooperative advertising, rebates, discounts, or other promotional activities, other reductions of customer revenues, and any other amounts paid to customers) of the Company as determined in accordance with GAAP, and as set forth on the face of the audited financial statements for the Baseline Period and for the Earn-out Period.

Company Revenue means amounts received by the Company through the direct sales efforts of Executive, including advisory fees, consulting fees, management fees and the gain or loss resulting from the purchasing and selling (or selling and then purchasing) of securities, loans or other financial derivatives from one client to another. Such purchases and sales will be required to occur substantially simultaneously unless otherwise approved by the Company and shall be recorded on the trading journals and accounting systems of the Company. Amounts due to Executive as Company Base Commission shall accrue but not be paid until the earlier of (i) six months after the execution of this Agreement or (ii) upon Manhattan Bancorp raising at least $25 million in new equity capital after the date hereof.

Examples of Company Revenue in a sentence

• If the Company achieves total revenue for Fiscal 2012 greater than 90% of the 2012 Revenue Target, then the percentage of the Company Revenue Bonus for 2012 earned will equal approximately (i) 10, times (ii) a percentage equal to (a) the actual amount of total revenue for Fiscal 2012 divided by the 2012 Revenue Target, minus (b) 0.9.

• Total revenue of $[XXXXXXXXXX] (the “2012 Revenue Target”) – The Company Revenue Bonus for 2012 will be earned if the Company achieves a minimum total revenue for Fiscal 2012 equal to the 2012 Revenue Target, in accordance with and subject to the following.

• None of the Company Revenue Bonus for 2012 will be earned if the Company achieves total revenue for Fiscal 2012 equal to or less than 90% of the 2012 Revenue Target.

• The Company will pay to Executive a commission equal to 12.5% of the Company Revenue (as defined below) collected by the Company from each transaction for which Executive is identified as the account executive of record pursuant to the account maintenance policies of the Company as approved by the Board of the Company and as in effect from time to time (“Company Base Commission”).

• Total revenue of $[XXXXXXXX] (the “2011 Revenue Target”) – The Company Revenue Bonus for 2011 will be earned if the Company achieves a minimum total revenue for Fiscal 2011 equal to the 2011 Revenue Target, in accordance with and subject to the following.

More Definitions of Company Revenue

Company Revenue means revenue of the Company for a Calculation Period, as determined on an accrual basis in accordance with GAAP, consistently applied for the Calculation Period. For purposes of this definition, Company Revenue shall exclude revenue derived from the reimbursement of out-of-pocket expenses by clients or customers of the Company.

Company Revenue means: (i) 100% of the revenue of the Company Group during the Earn-Out Period from sales of Company Products; and (ii) 100% of the revenue of the Company Group or Buyer European Subsidiary during the Earn-Out Period from sales of Buyer Products, in each of (i) and (ii), determined in accordance with GAAP applied using the Buyer’s revenue recognition policies. For the avoidance of doubt, Company Revenue shall not include any revenue from outsourced product development, maintenance, services, or support.

Company Revenue is defined in Section 8.1.1 (Company Revenue).

Company Revenue means the revenue of the Companies calculated in accordance with Accounting Principles Consistently Applied, which shall exclude any revenue attributable to Buyer’s current facilities and existing contracts; provided, however, that revenue from Buyer’s current facilities and existing contracts shall be included to the extent such revenue was increased as a result of the acquisition of the Companies by the Buyer, including revenue derived from any current customer of the Companies.

Company Revenue means the percentage of Net Revenue set out in item 3 or the Content Schedule payable to the Company under this Agreement.

Company Revenue means the Company’s consolidated revenue as reported in the Company’s Annual Report on Form 10-K for the year ending December 31, 20[  ].

Company Revenue means amounts received by the Company from the purchasing and selling (or selling and then purchasing) of securities, loans or other financial derivatives from one client to another, but shall exclude advisory fees, management fees and other revenues. Purchases and sales by the Company will be required to occur substantially simultaneously unless otherwise approved by the Company and shall be recorded on the trading journals and accounting systems of the Company. “Mortgage Broker Revenue” shall mean amounts received by Company or Mortgage Broker for the origination, placement, marketing and/or sale of mortgage loans (including net gain on the sale of assets in excess of their cost basis) by Company or Mortgage Broker, less any adjustment for loan loss provisions (including reserves and actual losses) adopted by the Board of Directors of Company or Mortgage Broker and reflected in the Company’s or Mortgage Broker’s financial statements. Amounts due to Executive as Company Base Commission or Mortgage Broker Base Commission shall accrue but not be paid until the earlier of (i) six months after the execution of this Agreement or (ii) upon Manhattan Bancorp raising at least $25 million in new equity capital after the date hereof.