Net Service Revenue definition

Net Service Revenue means the total revenue and fees received by Company and its AFFILIATED COMPANIES and sublicensees for providing services that utilize a LICENSED SERVICE(S) as part of the overall service provided.
Sample 1Sample 2Sample 3
Net Service Revenue for any period, gross service revenue minus airtime taxes and fraud allowance, with each such term having the meaning ascribed thereto in the consolidated statement of income of the Borrower and its consolidated Subsidiaries.
Sample 1Sample 2Sample 3
Net Service Revenue means the revenue of the Business during the Revenue Period actually collected from the customers listed on Annex A on or before the 90th day after the end of the Revenue Period, after all costs of disposable supplies associated directly with the performance of the Business [**] - Confidential or proprietary information redacted. during the Revenue Period have been deducted. Should the Net Service Revenue of the Business fall below the Threshold during the Revenue Period, the Stock Consideration and the Non-Compete Consideration shall be reduced by a percentage equal to the amount of such difference in Net Service Revenue for the Revenue Period from the Threshold divided by the Threshold, as described below.
Sample 1Sample 2

Examples of Net Service Revenue in a sentence

  • Should the Net Service Revenue of the Business fall below the Threshold during the Revenue Period, the Stock Consideration and the Non-Compete Consideration shall be reduced by a percentage equal to the amount of such difference in Net Service Revenue for the Revenue Period from the Threshold divided by the Threshold, as described below.

  • The Purchaser shall issue the Stock Consideration on December 15, 2005 to be held by the Purchaser who will deliver the Stock Consideration to the Principals after the Final Net Service Revenue is determined after the conclusion of the Revenue Period.

  • For purposes of this Agreement, "Net Service Revenue" shall mean the revenue of the Business during the Revenue Period actually collected from the customers listed on Annex A on or before the 90th day after the end of the Revenue Period, after all costs of disposable supplies associated directly with the performance of the Business [**] - Confidential or proprietary information redacted.

  • Within sixty (60) days of [****] RainDance shall deliver to MRC a royalty report setting forth for the preceding year the amount of Net Sales, Net Service Revenue and Non-Royalty Sublicense Income and the amount of royalty and other license fees accordingly due to MRC.

  • The Minimum Net Service Revenue as of , 200 (the “Fiscal Quarter End Date”) is $ .

  • The Transferred Assets other than the Other Midwest Transmitter Sites (a) constitute all of the properties, assets, and rights that have been used in the conduct of the Transferred Business and which are necessary to the operation of the Transferred Business; (b) generate all of Sellers' Net Service Revenue (as defined in Section 1.6(d)(i) of this Agreement); and (c) are in compliance with FCC regulations.

  • Moreover, notwithstanding anything herein contained, the Stock Consideration and the Non-Compete Consideration shall be reduced if the Net Service Revenue of the Business during the 12 month period following the month including the Closing Date (the "Revenue Period") does not equal or exceed [**] (the "Threshold").

  • If the Management Agreement is terminated and the Purchase Closing has not occurred, then Aquis will return to SourceOne accounts receivable for Other Subscribers whose value (after adjustment by the Discount Factors) is not less than the discounted value of the Take-Over Other Receivables less the "Net Service Revenue Adjustment" amount ("Returned Other Receivables Amount") subject to the first priority lien thereon in favor of Foothill Capital Corporation, as agent.

  • Compared to the previous quarter, Services Costs increased by 1.9%, a lower increase than the growth in Net Service Revenue of 11.2% QoQ, mainly impacted by the extraordinary cost of layoffs in the period.

  • The Midwest System Assets other than the Other Midwest Transmitter Sites: (i) constitute all of the properties, assets, and rights that have been used in the conduct of the Midwest Business and which are necessary to the operation of the Midwest Business; and (ii) together with the Other Subscriber Assets, generate all of SourceOne's Net Service Revenue (as defined in Section 1.6(d)(i) of the Purchase Agreement).


More Definitions of Net Service Revenue

Net Service Revenue means revenue received by FAB as consideration for FAB’s providing a third party with Licensed Services. For purposes of clarity, it is understood that Net Service Revenue shall not include funding received for the research and/or development of Licensed Products themselves.
Sample 1Sample 2
Net Service Revenue means revenue received from a third party pursuant to a service agreement for services performed using the licensed products.
Sample 1Sample 2
Net Service Revenue means, with respect to the South Central Region, an amount equal to the difference which results when gross revenues arising out of services performed under contracts originating in the South Central Region, have deducted from them all other direct costs paid or payable to third parties incurred with respect to such contracts, including, without limitation, all fees, costs and expenses paid to subconsultants.
Sample 1
Net Service Revenue means: (a) with respect to a Straight Sale of a Licensed Assay performed as a service for a third party, the gross invoice price charged for the Assay, less the following deductions where they are factually applicable and not already reflected in the gross invoice price: (i) discounts and rebates allowed and taken, in amounts customary in the trade; and (ii) sales and/or use taxes and/or duties imposed upon, and with specific reference to, particular sales; or (b) with respect to performance of a Licensed Assay as a service for a third party that is not a Straight Sale for any reason, the amount that would have resulted under subsection (a) had the transaction been a Straight Sale.
Sample 1
Net Service Revenue means (a) all Sellers' revenues from paging service, rentals, maintenance, and related charges, but excluding revenues from sale of pagers, parts, and accessories; tax refunds, insurance claims, or other similar refunds or recoveries; and late charges, minus (b) payments to third party service providers and resellers, including expenses incurred to xxxx and collect amounts owed by users of "calling party pays" services, and payments for any dispatch services. A form of the calculation of Net Service Revenues is attached as Schedule 1.6.(d).
Sample 1
Net Service Revenue means the total revenue and fees received by Company and its AFFILIATED COMPANIES and sublicensees for providing services that utilize a LICENSED SERVICE(S) as part of the overall service provided. 64 of 124 ***Confidential Treatment Requested
Sample 1

Related to Net Service Revenue

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

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

  • Sublicense Revenue means [***].

  • Sublicense Revenues means [***].

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

  • Gross Profits means the gross profits calculated under section 4;

  • 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.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • 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.

  • 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 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.

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • 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

  • Net Revenues means revenues less related expenses, including

  • 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.

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • Net Sales means [***].

  • Eligible revenue means the property tax increment and any

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • 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.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

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

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • 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.

  • EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.