Event revenue definition

Event revenue means the revenue generated from collection of state sales and use taxes, pursuant to this chapter, and from the privilege tax imposed on the sale of alcoholic beverages for consumption on the premises pursuant to § 57-4-301(c), from all businesses at an event venue for the event period;
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Event revenue means revenue generated in connection with events.
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Event revenue means revenue generated in connection with events. 1.7 “Gross Revenue” shall mean all consideration received by PBE relating to the manufacture, sale or promotion of Product, less only: (a) returns, refunds, credits and allowances actually made or allowed by or to distributors, subcontractors or other customers for Product; (b) customary trade discounts (including anticipations) afforded to and actually taken by distributors, subcontractors or other customers against payment for the Licensed Product; and (c) taxes or tariff’s assessed on sales or importation (only where applicable and where paid or payable by PBE). Without limitation, “Gross Revenue” shall include cash consideration paid to PBE on account of: (i) Retail Sales; (ii) Wholesale Sales; (iii) Distributor Payments; and (iv) Event Revenue. PBE understands, agrees and acknowledges that in the event that any sale or other disposition or transfer of Product is made by or on behalf of PBE to any person, organization, middleman, distributor, Subcontractor or other entity of any kind related or connected in any manner to PBE, or its officers, directors or major shareholders (individually and/or collectively “a Related Third Party”), the amount used for reporting Gross Revenue of such a sale or transfer shall always be the amount of cash or other consideration booked and/or received by PBE only from the first party that is not an Affiliated third party in the commercial chain for the sale or transfer of the Product leading from PBE to the final consumer. Stated another way, Gross Revenue shall not include revenues received by distributors, subcontractors or other third parties upon their sale or resale of Product. PBE’s receipt of a cash deposit, letter of credit or other security to assure future payment does not constitute Gross Revenue until earned by PBE. 1.8 “Internet Sales” shall mean the advertisement, promotion and sale of Products to individual consumers who submit orders for such Products directly through an E-Commerce Website consistent with the terms of this Agreement. 1.9 “Product” shall mean non-alcoholic energy drinks, non-alcoholic energy shots and any other non-alcoholic energy beverages, all of which may be manufactured, advertised, promoted, distributed and sold by or for PBE pursuant to the License. 1.10 “Person” shall mean any natural person, unincorporated association, partnership or legal or incorporated entity, such as a company or corporation. 1.11 “Reporting Period” shall mean ...
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Examples of Event revenue in a sentence

  • The program specific audit report shall consist of: a statement of actual and budgeted Grant revenues and expenses; notes to the statement of actual and budgeted Grant revenues and expenses; a schedule of findings and questioned costs; a supplementary information schedule of the Event revenue and expense statement in the format set forth on Appendix C (the “Event Revenue and Expense Statement”); and the independent auditor’s reports required by ▇▇▇▇▇.

  • In addition, City shall pay one additional payment of Fifty Thousand Dollars ($50,000) in year 2014, only in the event that the capital reserve fund from Event revenue does not exceed One Hundred Thousand Dollars ($100,000) in year 2013, after being applied pursuant to Exhibit E hereto.

  • RTD shall compensate the Concessionaire for the provision of Special Event revenue service through the Service Hour Price for Incremental Service in accordance with Attachment 11 (Service Payments).

  • During the Term, SLG shall pay _______________ net 30 from (i) the final day of each calendar month for all SLG Event revenue realized by SLG for the prior month at _______________ pursuant to U.S. generally accepted accounting principles (“GAAP”).

  • In addition, City shall pay one additional payment of Fifty Thousand Dollars ($50,000) in year 2014, only in the event that the capital reserve fund from Event revenue is less than One Hundred Thousand Dollars ($100,000) in year 2013, after being applied pursuant to Exhibit E hereto.

  • In the event an Event Owner’s credit card or banking information changes, Event Owner agrees to provide updated information to Company, and to authorize Company to ▇▇▇▇ the Monthly Fee to the updated credit card, or to deposit Event revenue share to new banking account.