Deferred Revenue Amount definition

Deferred Revenue Amount for any period means the amount of revenue of the Issuer and the Restricted Subsidiaries for such period that is non-refundable, but not recognized for accounting purposes due to the fact that either (i) data selections from the data library relating to such revenue have not yet been made or (ii) the agreement pursuant to which such revenue is earned relates to data that is not yet available.

Deferred Revenue Amount means, at any time of determination, the aggregate amount of the EnLink Group’s deferred revenue (determined in accordance with GAAP and reported on the most recently-delivered Information Package, Weekly Report or Daily Report) from capital projects or other business with Obligors on Pool Receivables or their Affiliates.

Deferred Revenue Amount means an amount equal to five and three-tenths percent (5.3%) of the deferred revenue of the Company and its Subsidiaries as of the opening of business on the Closing Date.

Examples of Deferred Revenue Amount in a sentence

• From the date the Pre-Closing Statement is delivered to Purchaser until the entry of the Sale Order, each of Seller and Purchaser agrees to meet in good faith to resolve by mutual agreement any discrepancy as to the Adjusted Deferred Revenue Amount.

• At least ten (10) Business Days prior to entry of the Sale Order, Seller shall deliver to Purchaser a written statement setting forth a good faith calculation of the Adjusted Deferred Revenue Amount as of the Closing (the “Pre-Closing Statement”), together with copies of all Seller records and work papers based upon which the Adjusted Deferred Revenue Amount was calculated.

• The Dispute Resolution Auditor’s determination will be based solely on the definitions of Company Cash, Indebtedness, the Deferred Revenue Amount, Net Working Capital, and the Net Working Capital Adjustment contained herein and the provisions of this Section 1.5. Caliper and Taconic shall use their commercially reasonable best efforts to cause the Dispute Resolution Auditor to resolve all such disagreements as soon as practicable.

• The Closing Balance Sheet shall be prepared and Company Cash, Indebtedness, the Deferred Revenue Amount, Net Working Capital, and the Net Working Capital Adjustment shall be determined in accordance with GAAP using the same accounting methods, policies, principles, practices and procedures, with consistent classifications, judgments and estimation methodology, as were used in preparation of the Financial Statements.

• To the extent Buyer reasonably requests, Sellers shall provide Buyer with copies of its books and records as they relate to the Sellers’ calculation of the Deferred Revenue Amount under this Section 1.4.

More Definitions of Deferred Revenue Amount

Deferred Revenue Amount means the book value of the Retained Liabilities in respect of the Maintenance and Support Contracts as of the Closing Date, as determined in accordance with the Net Working Capital Principles.

Deferred Revenue Amount means, as of the close of business on the date prior to the Closing Date, the deferred revenue of the Business, determined in accordance with the Accounting Principles and the Allocation Principles, but excluding (i) any such deferred revenue for which Avaya and its subsidiaries have not received cash as of such time and (ii) any excess Inventory reserve.

Deferred Revenue Amount means (a) [***] percent ([***]%) of the stated value of any deferred revenue and customer deposits on the Closing Balance Sheet up to the balance sheet stated value of $[***] and (b) [***] percent (***]%) of the stated value of any deferred revenue and customer deposits on the Closing Balance Sheet above the balance sheet stated value of $[***].

Deferred Revenue Amount means, as of the close of business on the date prior to the Closing Date, the deferred revenue of the Business with respect to which cash has been collected by the Business, determined in accordance with the methodologies and principles used in the preparation of the Financial Statements, to the extent consistent with GAAP.

Deferred Revenue Amount means the aggregate amount of the Sellers’ respective deferred revenue (as such term is defined under GAAP) as of the Closing Date relating to the Assigned Contracts, as well as xxxxxxxx relating to the Assigned Contracts that will become deferred revenue when paid to the Buyer or any of the Sellers.

Deferred Revenue Amount means as of the Closing, the amount, if any, equal to the aggregate Deferred Revenue (as defined below) attributable to the Assigned Contracts that are fully assigned to the Buyer at Closing, which Deferred Revenue is set forth on Schedule 1.3(a), as amended by Seller as of the Closing, and consented to by Buyer. “Deferred Revenue” means cash received by the Seller before the Closing for products or services not provided or rendered prior to the Closing (which for products or services billed as a fixed amount for any period that begins prior to and ends after the Closing shall be determined by reference to the number of days in such period prior to the Closing in proportion to the number of days in such period). “AP Credit” means, as of the Closing, the amount, if any, equal to the aggregate of all deposits held by, and all prepayments attributable to periods on or after the Closing paid to, any counterparty to an Assigned Contract that is assigned to the Buyer at Closing, which AP Credit is set forth on Schedule 1.3(b), as amended by Seller as of the Closing, and consented to by Buyer (which for prepayments with respect to products or services billed as a fixed amount for any period that begins prior to and ends after the Closing shall be determined by reference to the number of days in such period on or after the Closing in proportion to the number of days in such period).

Deferred Revenue Amount means, for any Fiscal Month, the aggregate amount of the Originators’ liabilities for deferred revenue and advance contract payments determined in accordance with GAAP as of the last day of such Fiscal Month.