Minimum Revenue Threshold definition

Minimum Revenue Threshold means (i) for the period beginning October 1, 2005 through and including the first (1st) Fiscal Quarter of 2006, $3,000,000 and (ii) for each Fiscal Quarter thereafter, $2,000,000.
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Minimum Revenue Threshold means (a) with respect to the First Earnout Period, $72,000,000, (b) with respect to the Second Earnout Period, an amount equal to (i) $72,000,000 plus (ii) the amount by which the Adjusted GAAP Revenue recognized by the Company and its Subsidiaries with respect to the First Earnout Period is less than $72,000,000, and (c) with respect to the Third Earnout Period, an amount equal to (i) $72,000,000 plus (ii) the amount by which the Adjusted GAAP Revenue recognized by the Company and its Subsidiaries with respect to the First Earnout Period and Second Earnout Period is less than $144,000,000 in the aggregate.
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Minimum Revenue Threshold means payments by Customer to Service Provider for Service under this Agreement, other than payments relating to the ERP Upgrade Project, totaling $191 million.
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Examples of Minimum Revenue Threshold in a sentence

  • So long as this Note is outstanding, the Company shall achieve, as of the end of each Fiscal Quarter, Revenue equal to or exceeding the Minimum Revenue Threshold (the “Minimum Revenue Test”).

  • Medical and Dental Plan is an ERISA plan and is a proper defendant pursuant to ERISA § 502(d), 29 U.S.C. § 1132(d).

  • In the event that Delta notifies the IEDC of a Material Cost Circumstance, Delta may request a renegotiation of the amount of the Enplanement Fees (and the corresponding caps set forth in Sections 3.1.1 and 3.1.2) and/or the Year One Winter Minimum Revenue Threshold.

  • Upon reasonable notice, the IEDC, at its expense, shall have the right to audit and inspect, at Delta’s offices during normal business hours, Delta’s books and records as such books and records relate to the determination of Revenue, Year One Winter Minimum Revenue Threshold, Material Cost Circumstance and the Enplanement Fees invoiced hereunder for the sole purpose of ensuring the accuracy of such amounts.

  • If Delta cancels any such flight, that flight will not be counted for purposes of calculating the Year One Winter Minimum Revenue Threshold.

  • Notwithstanding the foregoing, the Company Performance Level shall equal zero (0), if the Company Performance Level as measured by the immediately preceding sentences is less than the average of the sum of (i) the Minimum Revenue Threshold divided by the Revenue Goal and (ii) the Minimum Net Income Threshold divided by the Net Income Goal.


More Definitions of Minimum Revenue Threshold

Minimum Revenue Threshold has the meaning defined in Section 5.2.
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Minimum Revenue Threshold means audited Revenue of at least AUD$100,000;
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Minimum Revenue Threshold up to 31 December 2003 means five hundred thousand ringgit. With effect from 1 January 2004, “minimum revenue threshold” shall mean two million ringgit’;
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Minimum Revenue Threshold has the meaning set forth in Section 3.1.
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Minimum Revenue Threshold means achievement by the Target of [***] of the Revenue Forecast; “Revenue” means global sales income generated resulting from; (i) sale of products; (ii) rental/lease of equipment; (iii) consultancy; (iv) data services; (v) engineering services; (vi) freight; (vi) any other services provided by the company For the avoidance of doubt Revenue should be calculated in line with the same practices and methodologies as the historic management accounts; “Revenue Forecast” means the Revenue forecast for Financial Year 2024 totaling [***]; “Target Companies” means the Target and each of the Subsidiaries, and a reference to a “Target Company” is a reference to any one of them; and “UK GAAP” means generally accepted accounting principles in the United Kingdom. 26
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Minimum Revenue Threshold means achievement by the Target of [***] of the Revenue Forecast; “Profit and Revenue Statement” means the statement of the Earn Out Consideration in the form set out in Part C of this Schedule; "Resolution Period" has the meaning given to it in paragraph 5 of Part A of this Schedule; “Revenue” means global sales income generated resulting from; (i) sale of products; (ii) rental/lease of equipment; (iii) consultancy; (iv) data services; (v) engineering services; (vi) freight; (vi) any other services provided by the company For the avoidance of doubt Revenue should be calculated in line with the same practices and methodologies as the historic management accounts. “Revenue Forecast” means the Revenue forecast for Financial Year 2024 totalling [***]; "Review Period" has the meaning given to it in paragraph 3 of Part A of this Schedule; and “UK GAAP” means generally accepted accounting principles in the United Kingdom.
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Related to Minimum Revenue Threshold

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • 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.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • 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.”

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • 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.

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • 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 EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Expenditure minimum means:

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

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

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Quarterly Excess Available Funds Percentage means, with respect to the March 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • 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.