Deemed Revenue definition

Deemed Revenue means the following:
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Deemed Revenue means, for a given Quarter, the value of Net Production in BOE; in determining Deemed Revenue the price of Crude Oil and NGL shall be the Provisional Export Oil Price in US Dollars per Barrel, and the price of Dry Gas in US Dollars per BOE shall be fifty percent (50%) of the Provisional Export Oil Price.
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Deemed Revenue means, for a given Quarter, the Net Production multiplied by the Provisional Export Oil Price for that Quarter.
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Examples of Deemed Revenue in a sentence

  • Deemed F&B Revenue – one hundred percent (100%) of the amount that would have been charged by Manager in the ordinary course of business for food and beverage or other services and amenities not discounted; provided, however, in calculating Deemed Revenue for the purposes of this Agreement, Manager shall not include any amount of Deemed F&B Revenue which exceeds the Deemed F&B Cap.

  • The oil price used for the calculation of the Deemed Revenue is related to the Oil Sales Prices published by the State Oil Marketing Organization of Iraq (SOMO).GCA has employed the standard SEC method for oil price scenario used in this evaluation (Table 7.3).

  • Deemed Revenue – collectively, Deemed F&B Revenue (in an amount not to exceed the Deemed F&B Cap), Deemed Suite Revenue and Deemed Standard Room Revenue.


More Definitions of Deemed Revenue

Deemed Revenue means the value of any valuable non-cash consideration provided by a third party pursuant to a Transaction, but solely if such non-cash consideration and the value thereof has been mutually agreed to in writing between VIRNETX and IPVALUE prior to entering into such Transaction.
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Deemed Revenue means that sum of money equal to Deemed Gold Production for the month for which the Royalty is being calculated multiplied by the average of the London final daily quotation per ounce of gold for each trading day in the same month and converted from U. S. dollars into Canadian dollars at a rate of exchange equal to the average of the daily Bank of Canada noon rates of exchange between U. S. and Canadian dollars for each business day in such month. No adjustment shall be made to Deemed Revenue on account of silver.
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Deemed Revenue means the actual and imputed revenue derived by the Post-Acquisition Business after the Closing Date from any and all of the following sources: (i) all revenue properly recognizable by Parent or its Affiliates in accordance with generally accepted accounting principles consistently applied, from the development, licensing or provision of Legal Case Management Products and Services to, or for the benefit of third parties, (ii) all revenue properly recognizable by Parent or its Affiliates in accordance with generally accepted accounting principles consistently applied, from the licensing or provision of run-time versions of the Notebook Designer Tool software to, or for the benefit of third parties, (iii) all revenue properly recognizable by Parent or its Affiliates in accordance with generally accepted accounting principles consistently applied, and all revenues imputed to Parent or its Affiliates, as specified below, from or in connection with the licensing or provision of Legal Case Management Products and Services to, or for the benefit of third parties by means of any Online Application Service Business; and (iv) an amount equal to the aggregate imputed fees for all time expended during any given period by any of the employees or consultants of Company listed in Section 3.13 of the Sellers' Disclosure Letter, calculated at their regular hourly rates as of the date hereof, for each hour expended, in connection with any and all services provided to, or on behalf of, and at the request of, Parent or any of its Affiliates involving the customization, development, installation, integration, licensing, marketing, upgrading, provision or support of any existing or future software products or services of Parent or its Affiliates other than Legal Case Management Products and Services, including, but not limited to, time and billing applications. For purposes of determining the revenues to be imputed to Parent or its Affiliates for purposes of determining gross annual revenues of the Post-Acquisition Business, when Legal Case Management Products or Services are bundled with time and billing or other software applications of Parent or its Affiliates, whether in any conventional software delivery format or in connection with any Online Application Service Business, revenues shall be imputed to the Post-Acquisition Business in an amount to be determined in a reasonable manner by Parent and any Sellers who are not Departing Employees at the time of such determination...
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Deemed Revenue means, for the purposes of Article 19.5 (c), for a given Quarter, the value of (a) in the case of an Oil Field, the Net Crude Oil Production in Barrels and Gas Processing Plant Products in BOE or (b) in the case of a Gas Field, the Net Dry Gas Production (except as modified pursuant to Article 10.8) and Net NGL Production, both in BOE and, if approved for production, Net Crude Oil Production in Barrels; in determining Deemed Revenue, whether for an Oil Field or a Gas Field, the price of Crude Oil and NGL shall be the Provisional Export Oil Price in US Dollars per Barrel, and the price of Dry Gas in US Dollars per BOE shall be fifty percent (50%) of the Provisional Export Oil Price.
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Related to Deemed Revenue

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

  • Eligible revenue means the property tax increment and any

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • 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;

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

  • Gross Income from Operations means, during any period, all sustainable income as reported on the financial statements delivered by Borrower in accordance with this Agreement, computed in accordance with GAAP, derived from the ownership and operation of the Property from whatever source during such period, including (i) Rents from Tenants that are in occupancy, open for business and paying full contractual rent without right of offset or credit, (ii) utility charges, (iii) escalations, (iv) forfeited security deposits, (v) interest on credit accounts, (vi) service fees or charges, (vii) license fees, (viii) parking fees, (ix) rent concessions or credits, (x) income from vending machines, (xi) business interruption or other loss of income or rental insurance proceeds, (xii) other required pass-throughs and (xiii) interest on Reserve Funds, if any, but excluding (i) Rents from month-to-month Tenants, Tenants during a free-rent period, or Tenants that are included in any Bankruptcy Action, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income or rental insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds, if any. Gross income shall not be diminished as a result of the Security Instrument or the creation of any intervening estate or interest in the Property or any part thereof.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.