Examples of Net Revenue in a sentence
The participant will be eligible for vesting as indicated in the table below on achieving the financial threshold or target as set above and also meeting the specific performance conditions of Net Revenue and Market Capitalization as defined above.
For example ◾ 80% of the RSUs/ADSs granted herein is deemed vested on meeting the Market Capitalization threshold of $9 Bn and Net Revenue target of $1.9 Bn. The remaining 20% of the RSUs/ADSs granted herein shall remain unvested and be available for future vesting as against target achievement.
In addition, upon termination or expiration of this Agreement for any reason, City shall (i) deliver to AEG within sixty (60) days of the termination date, a final accounting setting forth all Event Gross Revenues, Event Expenses, Event Net Revenue and other revenues used in calculating AEG’s Share of Incremental Net Revenue as set forth in Section 4.1.; (ii) deliver or otherwise make available any funds held by City necessary to make payments to AEG of AEG’s Share of Incremental Net Revenue.
WNS (Holdings) Limited Vesting % Revenue @ Threshold Achievement Revenue @ Target Achievement Market Cap @ Threshold Achievement 80% 90% Market Cap @ Target Achievement 90% 100% ◾ Vesting% is deemed to be achieved only if both the Market Capitalization and Net Revenue threshold or target have been met; For example, 80% vesting is deemed achieved only if the Market Capitalization threshold of $9 Bn and Net Revenue threshold of $1.9 Bn have been achieved.
Within sixty (60) days following the end of each Contract Year, City shall submit to AEG a year-end report that includes an accounting of all Event Gross Revenues, Event Expenses as well as AEG Operational Costs, Sponsorship & Premium Seating Gross Revenues, Sponsorship & Premium Seating Expenses, and Incremental Surcharge Revenue, Incremental Net Revenue, used in calculating the compensation set forth in Article IV and City shall pay to AEG amounts due and owing under Article IV.