Gross annual revenue definition

Gross annual revenue means a facility's gross revenue from performing repairs, including parts and goods sold in conjunction with repairs, in its most recently completed federal income tax year, or, if the facility has not been in business for a complete federal income tax year, the facility's reasonably anticipated gross revenue for its first full federal income tax year of operation.
Gross annual revenue means the total revenue, receipts, and sales for a consecutive 12-month period as filed with the Internal Revenue Service, or its equivalent in another country.
Gross annual revenue means the total revenue, receipts, and sales reported to the Internal Revenue Service for a consecutive 12 month period.

Examples of Gross annual revenue in a sentence

  • Gross annual revenue shall be computed in accordance with Generally Accepted Accounting Principles.

  • FEE SCHEDULE - Gross annual revenue is the total amount of money you expect to receive in payment for services or repairs provided before expenses of any kind are subtracted.

  • There is no guarantee by Argentex that an order under an Instruction can or will be filled (even if a previous, similar order was filled) or that Instructions provided can or will be acted upon.

  • Gross annual revenue from non-property/casualty business, including but not limited to employee benefit business, shall not be included in the determination of gross annual revenue for an agency (if any).

  • Gross annual revenue of the organizations represented among participants indicated nearly all were between $1 billion - $10 billion (89%), with the rest greater than $10 billion.


More Definitions of Gross annual revenue

Gross annual revenue or “GAR” means Customer's (and Customer Group's, if applicable) income and revenue from all sources, before expenses or taxes, calculated on an annual basis according to generally accepted accounting principles and as reported in company financial statements. The various equivalent definitions may be used interchangeably.
Gross annual revenue means the aggregate total revenue in money and the value of any other consideration actually received by Lessee or a sub-lessee during a calendar year from the following: the sale, to any purchaser or Affiliated Party, of electrical energy generated by Wind Energy Facilities on the Leased Premises; the sale of credits of any kind to any purchaser, including green tags, renewable energy credits or certificates, tradable renewable certificates, greenhouse gas reduction credits, and renewable energy credits; revenues resulting from Lessee’s installation of low voltage ride through equipment; payments received from any purchaser that are based on curtailed energy rather than sold energy; the gross proceeds or other cash benefits received in connection with or under or derived from any legal agreement, compromise, settlement, judgment or arrangement for or relating to the sale, use or other disposition of electricity generated or capable of being generated from the Leased Premises; proceeds from Lessee’s business interruption insurance required under the terms of this Lease, where such proceeds represent lost income from the production or conversion of electrical energy on the Leased Premises. Gross Annual Revenue shall not include: any proceeds received from the sale, lease, financing, or other disposition of any Wind Energy Facilities or Improvements; production tax credits, investment tax credits and any other tax credits arising from this Lease. If Lessee provides or sells electrical energy generated by Wind Energy Facilities on the Leased Premises to Lessee for internal uses (recognizing that electrical energy used to operate the wind power devices is not an internal use) or to a subsidiary or affiliate of Lessee, the revenue for the purposes of calculating Gross Annual Revenue shall be calculated to include a sale price that is not less than the then prevailing commercial rates during the year immediately preceding the anniversary of the Commencement Date on which Rent under this Lease is due.
Gross annual revenue means Gross Annual Revenue received by the operation of the diffusion service from subscribers to such service and persons or companies whose advertisements are carried in the diffusion service. Subject to a minimum fee per receiving apparatus.
Gross annual revenue or “GAR” means Customer's (and Customer Group's, if applicable) income and revenue from all sources, before expenses or taxes, calculated on an annual basis according to generally accepted accounting principles and as reported in company financial statements.
Gross annual revenue means the aggregate total revenue in money and the value of any other consideration actually received by Lessee, a sub-lessee, or Affiliated Party during a calendar year from any of the following: i) the sale, to any purchaser or Affiliated Party, of electrical energy generated by Wind Energy Facilities on the Leased Premises; ii) the sale of credits of any kind to any purchaser or Affiliated Party, including green tags, renewable energy credits or certificates, tradable renewable certificates, greenhouse gas reduction credits, and renewable energy credits; iii) revenues resulting from Lessee’s installation of low voltage ride through equipment; iv) payments received from any purchaser that are based on curtailed energy rather than sold energy; v) the gross proceeds or other cash benefits received in connection with, under, or derived from any legal agreement, contract, compromise, settlement, judgment, or arrangement for or relating to the sale, use, or other disposition of electricity generated or capable of being generated from the Leased Premises; and vi) proceeds from Lessee’s business interruption insurance required under Section 9.1 of this Lease, where such proceeds represent lost income from the production or conversion of electrical energy on the Leased Premises. Gross Annual Revenue shall not include the following: i) any proceeds received from the sale, lease, financing, or other disposition of any Wind Energy Facilities or Improvements; or ii) production tax credits, investment tax credits, and any other tax credits arising from this Lease. If Lessee provides or sells electrical energy generated by Wind Energy Facilities on the Leased Premises to Lessee for internal uses (recognizing that electrical energy used to operate the Wind Energy Facilities is not an internal use), or to a subsidiary, or Affiliated Party, the revenue, for the purposes of calculating Gross Annual Revenue, shall be calculated to include the greater of the actual sale price; or the published rate applicable to the Project, as approved and published by the Idaho Public Utilities Commission, or other governing public utilities commission, during the relevant Lease Year in which such Phase 3 Rent is due. All costs of any type must be borne by Lessee, and no cost, including integration charges, imbalance charges, or transmission tariffs will reduce the Gross Annual Revenue or any Rents due to Lessor, directly or indirectly.
Gross annual revenue means the total invoiced revenue of the Licensee derived from the provision of Network Services but shall not include capital expenditure recovery charges or revenue from the sale or rental of assets including terminal equipment;
Gross annual revenue means the total revenue, receipts, and sales for a consecutive 12-month period as filed with the Internal Revenue Service.