Contract Revenue means the advance quarterly net guaranteed Revenue payable to the Employer by the Operator as stated in the Letter of Acceptance (LoA).
Contract Revenue shall have the meaning set forth in Subsection 8.2.
Contract Revenue means all revenues which arise directly from the sale of Licensed Services and all products sold or installed in connection therewith in the Territory (as in effect from time to time) pursuant to this Agreement (reflected by the sales contract amount plus or minus any Contract change orders), less (a) refunds, credits and allowances to customers; (b) financing discounts incurred in connection with the sale of Contracts; (c) sales to employees of Licensee and its Affiliates; (d) sales, excise and other similar taxes; and (e) fees associated with building permits and other similar fees and expenses. Earned Royalties shall accrue on all Contracts completed during the applicable month. Completion shall be deemed to have occurred when Licensee receives cash payment substantially in full in connection with a Contract (i.e., when Licensee is entitled to receive substantially all sums that Licensee reasonably can expect to collect on such Contract), from the customer or from a third party financing source, as the case may be, or receives written customer acceptance with respect to any project financed by Licensee. In connection therewith, Licensee agrees and covenants that it shall use reasonable best efforts to promptly collect all sums due to Licensee from Contracts.
Examples of Contract Revenue in a sentence
The Contract Revenue Report is included with the electronic Board material.
It also includes monies to which the Authority does not have legal title, but for which it is responsible for directing investment such as monies held by the trustee for the State Service Contract Revenue (West Valley) Bonds.
The payment of debt service shall be for the bonds (the Series 2002 Bonds) issued under the "Commonwealth of Virginia Transportation Contract Revenue Bond Act of 1988" (Chapters 653 and 676, Acts of Assembly of 1988 as amended by Chapters 827 and 914 of the Acts of Assembly of 1990).
Contract Revenue is recognised by reference to the stage of completion of the contract activity at the reporting date of the financial statements on the basis of percentage of completion method.
Contract Revenue is recognized on “Percentage of Completion” basis measured by the proportion that the cost incurred up to the reporting date bear to the estimated total cost of the contract.
More Definitions of Contract Revenue
Contract Revenue means (i) with respect to subscription Contracts, the annualized contract value from new incremental business associated with such Contract; and (ii) with respect to license and maintenance Contracts, approximately twenty-five percent (25%) of the perpetual license fee plus first (1st) year annualized maintenance fees.
Contract Revenue means Licensee’s (and any of its sublicensees’) gross revenue recognized in accordance with International Financial Reporting Standards based on each contract between Licensee (and any such sublicensee) and customers who are provided with services and products within the Scope, less any tax directly applicable to the revenue (but not including any tax when assessed on income derived from such revenue), less allowances actually given or actually made by Licensee (or any such sublicensee) on account of return or rejection of the services or products with respect to the Scope, and less any pass-through charges to customers and duties and other governmental charges on the services or products with respect to the Scope, to the extent all of the foregoing are imposed or charged in the ordinary course of business.
Contract Revenue means gross revenue (prior to any deduction for fulfillment costs, signage requirements, ticket costs, or amounts owed to the City or Operator) attributable to the full term (including any extensions or renewals) of each applicable Commercial Rights agreement, and shall include the fair market value of any pre- approved in-kind contributions (i.e. trade) received in exchange for rights granted by the Facility. The Commission shall be (i) ten percent (10%) on Contract Revenue due during the Term from the Santa Xxx Xxxx Naming Rights Agreement, (ii) seventeen and a half percent (17.5%) on Contract Revenue due during the Term from commercial rights contracts that were entered into prior to beginning of the Term (“Pre-Existing Commercial Rights Agreements”), and (iii) twenty percent (20%) on any Contract Revenue due from Commercial Rights Agreement entered into during the Term, and from renewals entered into during the Term of any Pre-Existing Commercial Rights Agreements. The Commission described in subpart (iii) shall be due to Front Row for the entire term of any Commercial Rights Agreements referenced in such subsection, regardless of whether the Term of this Agreement has expired or terminated; upon any expiration or termination of this Agreement all such future-owing Commissions shall immediately become due and owing to Front Row and shall be paid to Front Row at the end of the Term.
Contract Revenue means the sum of:
Contract Revenue means all collections actually recorded each month on a cash basis that is not revenue from retail, including collections from:
Contract Revenue means all revenues which arise directly from the sale of Licensed Products and Licensed Services pursuant to this Agreement (reflected by the sales contract amount plus or minus any Contract change orders), less (a) refunds, credits and allowances to customers; (b) financing discounts incurred in connection with the sale of Contracts; (c) sales to employees of Licensee and its Affiliates; (d) sales, excise and other similar taxes; and (e) fees associated with building permits and other similar fees and expenses. "Sublicensee Royalties" shall mean three percent (3%) of all revenue of Licensee's sublicensees upon which any payments to Licensee by Licensee's sublicensees pursuant to sublicense agreements hereunder are based. Sublicensee Royalties shall be included in Earned Royalties and accounted for on the same basis and pursuant to the same requirements as Earned Royalties. Earned Royalties shall accrue on all Contracts completed during the applicable month. Completion shall be deemed to have occurred when Licensee or an Affiliate of Licensee receives cash payment substantially in full in connection with a Contract or from any of its sublicensees hereunder (i.e., when Licensee has been paid substantially all sums that Licensee reasonably can expect to collect on such Contract), from the customer or from a third party financing source or from a sublicensee, as the case may be, or receives written customer acceptance with respect to any project financed by Licensee. In connection therewith, Licensee agrees and covenants that it shall use commercially reasonable efforts to promptly collect all sums due to Licensee from Contracts or sublicensees hereunder.
Contract Revenue means all revenues which arise directly from the sale of Licensed Services and all products sold or installed in connection therewith pursuant to this Agreement (reflected by the sales contract amount plus or minus any Contract change orders), less (a) refunds, credits and allowances to customers; (b) financing discounts incurred in connection with the sale of Contracts; (c) sales to employees of Licensee and its Affiliates; (d) sales, use, excise and other similar taxes; and (e) fees associated with building permits and other similar fees and expenses. Earned Royalties shall accrue on all Contracts completed during the applicable month. Completion shall be deemed to have occurred when Licensee becomes entitled to receive cash payment substantially in full in connection with a Contract (i.e., when Licensee is entitled to receive substantially all sums that Licensee reasonably can expect to collect on such Contract), from the customer or from a third party financing source, as the case may be, or receives written customer acceptance with respect to any project financed by Licensee. Advance deposits, down payments and other amounts paid in respect of Contracts before completion shall be deemed paid in the month in which the Contract is completed or the deposit is forfeited by the customer.