Included Revenue definition

Included Revenue means the combined gross revenue (excluding revenue related to postage or any other similar costs that are pass-throughs) of the Company and its subsidiaries (as determined under generally accepted accounting principles consistently applied) derived from services provided by the Company to its customers as a result of the Commercial Agreement during the applicable Measurement Period, without any reduction in such gross revenue for rebates or other revenue sharing payments paid or payable to First Data Corporation or any of its Affiliates or to any third party. For the avoidance of doubt, Included Revenue in a given Measurement Period shall be calculated on a non-cumulative basis and shall not include any revenue recognized in any other Measurement Period.
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Included Revenue means all revenue generated by or arising from (1) the Revenue Generating Assigned Contracts, including all revenue generated or arising from staffing contracts executed or procured after the Effective Time by existing franchisees and (2) the prospective franchisees scheduled on Schedule 1.02 (Included Revenue) of the Disclosure Schedules under Revenue Generating Assigned Contracts.
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Included Revenue means aggregate revenue of the Company and its Subsidiaries (as determined under generally accepted accounting principles consistently applied) received from each of the Founders during the Measurement Period, regardless of the source of revenue, excluding only revenue received from Blue Cross clearinghouses owned by Anthem Insurance Companies, Inc. or WellPoint Health Networks Inc. If the Company or any of its Subsidiaries commits to a production date for a new transaction type and fails to release a production version of the transaction by that date, then Included Revenue shall be deemed to include daily average revenue for that transaction type for each of the days between the missed production date and the actual production date. The daily average revenue shall be determined based upon the actual Included Revenue generated during the days in production during that applicable Measurement Period, divided by the number of days in production that occurred during such period. If it can be reasonably demonstrated that the Company and its Subsidiaries lost any Included Revenue from a customer for whom the Company and its Subsidiaries process not less than 5,000 transactions per year due to failure of the Company or any of its Subsidiary to meet service level agreements with such customer or for poor quality service provided to such customer if such customer's agreement is terminable at such customer's convenience, then Included Revenue for the Measurement Period in which the loss occurred and any subsequent Measurement Period shall be deemed to include the annual revenue that was lost based upon average monthly revenue from such customer during the three months preceding the loss of that customer.
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Examples of Included Revenue in a sentence

  • As promptly as practicable, and in any event not later than the fifteenth day after each Measurement Period, the Company's Chief Financial Officer ("CFO") shall deliver to the Warrantholder a certificate (the "Annual Certification") setting forth in reasonable detail the calculation of the amount of Included Revenue for the applicable Measurement Period and a certification by the CFO that such calculations are true and correct.

  • If the Company and the Warrantholder shall fail to agree on the amount of Included Revenue for a particular Measurement Period within such five (5) day period, the amount of Included Revenue for such Measurement Period shall be determined by a certified public accountant ("CPA") independent of the Company and the Warrantholder, chosen by the Board of Directors and reasonably acceptable to the Warrantholder.

  • The cost of the CPA's certification shall be borne by the Warrantholder unless the Included Revenue certified by the Company's CFO is understated by more than five (5) percent, as compared to the Included Revenue certified by the CPA, in which case the Company shall bear or reimburse the Warrantholder for the cost of the CPA's certification of Included Revenue.

  • The amount of Included Revenue determined by the CPA shall be final and binding on each of the Company and the Warrantholder.

  • The Annual Certification shall be conclusive evidence of such Included Revenue, unless Warrantholder in good faith objects in writing to the calculation of Included Revenue set forth in the Annual Certification no later than five (5) Business Days after its receipt.

  • The Company and the Warrantholder shall cooperate to promptly provide the CPA with such information as the CPA may reasonably request, and shall use their best efforts to cause the CPA to complete its certification of Included Revenue within twenty (20) days after engagement of the CPA.

  • The Triggering Event for the third Measurement Period shall be met if the Company and its Subsidiaries recognizes $21,000,000 in Included Revenue in excess of the Baseline Revenue for such third Measurement Period.

  • The functional committee will consider in good faith any resulting adjustments to the Base Period of the relevant Included Revenue or Cost items.

  • Any dispute between the parties as to the amount of any benefit, income, expense, cost or liability which is to be treated as Included Revenue or Excluded Cost under this paragraph 1 shall be determined on a reference by either the Buyer or the Seller by the Valuer and the provisions of paragraph 3.3 shall apply to such determination.

  • In the event that at the Closing there is any Sublicensing Revenue under a Cell Site Contract that would be Included Revenue but for the failure of the applicable Carrier to pay such Sublicensing Revenue within 180 days after the date of the applicable invoice (the “Aged Revenue”), Utility may, at its option, deliver an invoice to the Carrier for the amount of such Aged Revenue.


More Definitions of Included Revenue

Included Revenue means an amount equal to the product of twelve (12) times the sum of (a) the rent payments paid or payable by Tenants under an Included Lease for the month of June, 2012, and (b) for Included Leases for which rent payments paid or payable by Tenants begin after June 1, 2012, the amount that would have been paid or payable for the month of June 2012 had such rent commenced on June 1, 2012, less any amount included in (a) related to such Included Lease and less any reductions in revenue from other Tenants or increases in ground rent as a result of assuming such rent had commenced on June 1, 2012 (but only to the extent such increases in ground rent are not otherwise taken into account in the calculation of Included Expenses); provided, however, such amount shall not include any one time or non-recurring payments, security deposits, prepaid rents, refunds to tenants, sales, property, excise or similar taxes imposed by Governmental Authorities and collected from subtenants, pass through expenses collected from any Tenants and amounts recorded to recognize known lease escalation amounts on a straight-line basis over the life of the related leases. To the extent that rent is paid or payable on an other-than-monthly basis, rent for the month shall include an apportioned amount of such rent attributable to such month.
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Included Revenue has the meaning assigned to such term in Appendix 2.
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Included Revenue of a Party shall mean [***] Included Costs
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Included Revenue shall have the meaning set forth on Section 1.1(c) of the Disclosure Schedule.
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Related to Included Revenue

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

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

  • Estimated revenue means the amount of revenue estimated to be received from all sources during the budget year in each fund for which a budget is being prepared.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

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

  • Consolidated Revenues means, for any period, the consolidated net revenue of the Company and the Restricted Entities for such period determined in accordance with GAAP.

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Gross Revenue means:

  • Net Revenues means the difference between:

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • Eligible revenue means the property tax increment and any

  • Pledged revenue means money pledged to the payment of or as security for:

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Combined EBITDA means, for any period, Combined Net Income for such period plus, (a) without duplication and to the extent reflected as a charge in the statement of such Combined Net Income for such period, the sum of (i) income tax expense, (ii) Combined Interest Expense, (iii) amortization or write-off of debt discount and debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness (including the Notes), (iv) depreciation and amortization expense, (v) amortization of intangibles (including, but not limited to, goodwill) and organization costs, (vi) any extraordinary, unusual or non-recurring expenses or losses (including, whether or not otherwise includable as a separate item in the statement of such Combined Net Income for such period, losses on sales of assets outside of the ordinary course of business) and (vii) any non-cash charges, including non-cash charges resulting from the vesting or issuance of equity to employees, principals or others, and minus, (b) without duplication and to the extent included as income or gain in the statement of such Combined Net Income for such period, the sum of (i) any extraordinary, unusual or non-recurring non-cash income or gains (including, whether or not otherwise includable as a separate item in the statement of such Combined Net Income for such period, non-cash gains on the sales of assets outside of the ordinary course of business) and (ii) any other non-cash income, all as determined on a combined basis, and plus or minus, as appropriate, (c) without duplication of the items set forth in clauses (a) and (b) above, the adjustments equivalent to those that OCG made to arrive at its “Adjusted Net Income” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (as filed with the SEC), to the extent relevant to the Obligors, and (d) without duplication of the items set forth in clauses (a), (b) and (c) above, the adjustments replacing investment income (loss) with receipts of investment income from funds and companies equivalent to those that OCG made to arrive at its “Distributable Earnings” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (as filed with the SEC), to the extent relevant to the Obligors; provided that the contribution to Combined EBITDA of a subsidiary that is not a wholly owned subsidiary shall be calculated in proportion to the Obligors’ aggregate direct or indirect economic interests in such subsidiary.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Annualized Operating Cash Flow means, for any fiscal quarter, the Operating Cash Flow for such fiscal quarter multiplied by four.

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Disposed EBITDA means, with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or such Converted Unrestricted Subsidiary, all as determined on a consolidated basis for such Sold Entity or Business or such Converted Unrestricted Subsidiary.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • 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;