FIG Revenue definition
FIG Revenue means any revenue received by Company from subscribers or customers serviced under agreements with financial institution clients; provided that such subscribers or customers, and the relevant agreements, existed on the date of the letter agreement that this Put/Call Term Sheet is attached to. By way of example, the FIG Revenue during the period January through September 2018 is set forth on Appendix A hereto.
FIG Revenue means any revenue received by Company from subscribers or customers serviced under agreements with financial institution clients; provided that such subscribers or customers, and the relevant agreements, existed on the date of the letter agreement that this Put/Call Term Sheet is attached to. By way of example, the FIG Revenue during the period January through September 2018 is set forth on Appendix A hereto. “Revenue Growth” shall mean a percentage equal to (i) Revenue for the prior calendar year minus Revenue for the calendar year preceding the prior calendar year divided by (ii) Revenue for the calendar year preceding the prior calendar year. “Revenue Multiple” shall mean a multiple based on Revenue Growth as depicted in Table 1 below for all calculations with respect to the Put Value for Put Notices or Call Notices, as applicable, delivered in 2022 and 2023, and thereafter as depicted in Table 2 below. For purposes of illustration, if Revenue Growth is 15%, then the Revenue Multiple shall be 2.5x. Revenue Growth less than 10% 2.0x 9.0x Revenue Growth equal to or greater than 10% but less than 20% 2.5x 10.0x Revenue Growth equal to or greater than 20% 3.0x 11.0x Revenue Growth less than 10% 2.0x 9.0x Revenue Growth equal to or greater than 10% but less than 18% 2.5x 10.0x Revenue Growth equal to or greater than 18% 3.0x 11.0x
FIG Revenue means any revenue received by Company from subscribers or customers serviced under agreements with financial institution clients; provided that such subscribers or customers, and the relevant agreements, existed on the date of the letter agreement that this Put/Call Term Sheet is attached to. By way of example, the FIG Revenue during the period January through September 2018 is set forth on Appendix A hereto
Examples of FIG Revenue in a sentence
By way of example, the FIG Revenue during the period January through September 2018 is set forth on Appendix A hereto.
By way of example, the FIG Revenue during the period January through September 2018 is set forth on Appendix A hereto .