Minimum Monthly Revenue definition

Minimum Monthly Revenue means the projected minimum monthly revenue: 1.20.1 estimated to be received by the Borrower during the Expected Term as set out in Annexure A to this Agreement; and 1.20.2 determined by the Bank based on our calculations of your historic and projected Revenue;
Minimum Monthly Revenue means $1,800,000.
Minimum Monthly Revenue means (a) with respect to the Initial Financing, (i) for each month from August 1, 1998 through July 30, 2000, $700,000 and (ii) thereafter, an amount equal to 165% of the Scheduled Amount for the Initial Financing for such month and (b) for each Financing following the Initial Financing, (i) for each of the first 24 months following the Closing Date of such Financing, an amount equal to 200% of the Scheduled Amount for such Financing for such month, and (ii) thereafter, an amount equal to 165% of the Scheduled Amount for such Financing for such month.

Examples of Minimum Monthly Revenue in a sentence

  • Minimum Monthly Revenue Commitment (MMRC)The minimum monthly revenue commitment that the customer must commit to in order to receive the volume discount.

  • If on the Closing Date the actual number of aggregated Equivalent Subscribers and the actual Monthly Revenue for (i) each of the transactions comprising the Aggregated Systems, and (ii) the Aggregated Systems as a whole, meet or exceed the minimum stipulated and aggregated levels for Equivalent Subscribers and Minimum Monthly Revenue, as the case may be, then the Purchase Price and the portion thereof payable to Seller under Section 3.1.1 shall not be adjusted.

  • The Park contract manager shall be required to procure and maintain continuously, at its own expense, a general liability insurance policy with a minimum limit of $1,000,000 per occurrence. A Minimum Monthly Revenue Amount.

  • The Park Manager shall be required to procure and maintain continuously, at its own expense, a general liability insurance policy with a minimum limit of $1,000,000 per occurrence. A Minimum Monthly Revenue Amount.

  • The Department hold non-current assets classified as held for sale during the year.

  • Minimum Monthly Revenue Commitment (MMRC) The minimum monthly revenue commitment that the customer must commit to in order to receive the volume discount.

  • Although Seller has consented to the allocation of portions of the Aggregated Systems to Buyer and its affiliates, Seller nevertheless has required that no shortfall adjustments shall be made if the actual aggregate number of Equivalent Subscribers and the actual aggregate Monthly Revenue for the Aggregated Systems are equal to or greater than the aggregated benchmarks of Equivalent Subscribers or the aggregated Minimum Monthly Revenue, as the case may be.

  • Minimum Monthly Revenue Commitment $2,000.00 One Yr.Two Yrs.Three Yrs.Installation (non-recurring)$2,000.00$2,000.00$0.00Channel Mileage Monthly Recurring Charge Per DS0 Mile$.040$.036$.033 4.2.2.1.1 These rates are available to customers who sign up for service on or after December 12, 2001.

  • Customers subscribing to SimpleLink Enhanced Winback receive monthly discounts on eligible services based on the customer’s Minimum Monthly Revenue Commitment (MMRC).

  • Term and Renewal Options: 24 MONTHS Minimum Monthly Revenue Commitment: $240,000.00 Data: Access: In lieu of any other rates and discounts, Customer will be charged fixed monthly recurring per-circuit local loop charges ranging from $147.20 to $2,354.00 for DS1 and DS3 Access circuits at 10 NPA\NXX locations mutually agreed upon by the Customer and the Company.


More Definitions of Minimum Monthly Revenue

Minimum Monthly Revenue contained in Section 1.01 of the Financing Agreement is hereby stricken in its entirety and replaced with the following:
Minimum Monthly Revenue means the amounts listed below during the stated time periods: April 1, 2001 through March 31, 2002 $1,700,000 April 1, 2002 through June 30, 2002 $1,725,000 July 1, 2002 through September 30, 2002 $1,750,000 October 1, 2002 through December 31, 2002 $1,775,000 January 1, 2003 and thereafter $1,800,000
Minimum Monthly Revenue means, in the case of Group A Systems, Seventy Seven Thousand Five Hundred Dollars ($77,500), and in the case of Group B Systems, Twenty Four Thousand Five Hundred Dollars ($24,500).
Minimum Monthly Revenue means Sixty Thousand Dollars ($60,000).

Related to Minimum Monthly Revenue

  • 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;

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

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

  • 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.

  • 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.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • M&O Revenue means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

  • Recurring Revenue With respect to any Recurring Revenue Loan, the meaning of “Recurring Revenue” or any comparable definition in the related Underlying Instruments relating to recurring maintenance or support revenues, subscription revenues, and recurring revenues attributable to software licensed or sold (excluding one-time license revenues) in the Underlying Instruments for such Loan.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

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

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • 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.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • Operating Revenues means, without duplication, all revenues and receipts of the Borrowers from operation of the Properties or otherwise arising in respect of the Properties which are properly allocable to the Properties for the applicable period in accordance with GAAP, including, without limitation, all hotel receipts, revenues and credit card receipts collected from guest rooms, restaurants and bars (including without limitation, service charges for employees and staff), mini-bars, meeting rooms, banquet rooms, apartments, parking and recreational facilities, health club membership fees, food and beverage wholesale and retail sales, service charges, convention services, special events, audio-visual services, boat cruises, travel agency fees, internet booking fees, telephone charges, laundry services, vending machines and otherwise, all rents, revenues and receipts now existing or hereafter arising or created out of the sale, lease, sublease, license, concession or other grant of the right of the possession, use or occupancy of all or any portion of the Properties or personalty located thereon, or rendering of service by any of the Borrowers or any operator or manager of the hotel or commercial space (including, without limitation, from the rental of any office space, retail space, guest rooms or other space, halls, stores and deposits securing reservations of such space (only to the extent such deposits are not required to be returned or refunded to the depositor)), proceeds from rental or business interruption insurance relating to business interruption or loss of income for the period in question and any other items of revenue which would be included in operating revenues under the Uniform System; but excluding proceeds from the sale of FF&E, abatements, reductions or refunds of real estate or personal property taxes relating to the Properties, dividends on insurance policies relating to the Properties, condemnation proceeds arising from a temporary taking of all or a part of any Properties, security and other deposits until they are forfeited by the depositor, advance rentals until they are earned, proceeds from a sale, financing or other disposition of the Properties or any part thereof or interest therein and other non-recurring revenues as determined by Lender, insurance proceeds (other than proceeds from rental or business interruption insurance), other condemnation proceeds, capital contributions or loans to any of the Borrowers, disbursements to any of the Borrowers from the Reserves, sales, use and occupancy taxes collected from customers or patrons of the Properties to be remitted to the applicable taxing authorities, and gratuities or service charges collected on behalf of and remitted to employees or contractors of the Properties.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

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