Initial Revenue Target definition

Initial Revenue Target means Revenue attributable to the First Earnout Period of at least Seven Hundred Fifty Thousand and 00/100 Dollars ($750,000.00), determined on a consistent basis in accordance with U.S. GAAP and the past practices of Buyer.
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Initial Revenue Target means the final revenue results as disclosed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015.
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Initial Revenue Target has the meaning referred to in Section 2.2(c)(ii).
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More Definitions of Initial Revenue Target

Initial Revenue Target means the lower of (i) the cumulative Sales Revenue of $7.5 million generated by the 24/7 Media - Asia Network or (ii) the dollar amount represented by the product of (A) 24/7 Media's percentage share of the U.S. Internet advertising market and (B) the total dollar value of the Asian-based Internet advertising market. As used in this definition, the total dollar value of the U.S. Internet advertising market and the total dollar value of the Asian-based Internet advertising market shall be measured by Jupiter Communications (or, if Jupiter Communications is unavailable, a similar third party provider of Internet market statistical information mutually agreed upon by the parties).
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Related to Initial Revenue Target

  • Annual Revenue means the Company’s or a business unit’s net sales for the Fiscal Year, determined in accordance with generally accepted accounting principles; provided, however, that prior to the Fiscal Year, the Committee shall determine whether any significant item(s) shall be excluded or included from the calculation of Annual Revenue with respect to one or more Participants.

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Earnout Period has the meaning set forth in Section 3.6(a).

  • 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;

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • EPS means earnings per share.

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.