Net turnover definition

Net turnover means the amounts derived from the sale of products and the provision of services after deducting sales rebates and value added tax and other taxes directly linked to turnover;

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Net turnover means the amount received by the hotel after deduction of taxes and compliances in lieu of the business development activities undertaken by the Travel Agency for the Hotel.

Net turnover means the amount received by the hotel after deduction of taxes and compliances in lieu of the business development activities undertaken by the Travel Agency for the Hotel. RELATIONSHIP OF THE PARTIES- INDEPENDENT PARTNERS The Parties agree that the Parties shall be considered independent partners and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. DUTIES AND OBLIGATIONS OF THE COMPANY use its best efforts to make available to the Travel Agency the lowest fares available for all arrangements requested by the Travel Agency employees and comply with the Travel Agency’s travel policies in effect from time to time; use its best efforts to ensure that third party providers of hotel services or vehicle services or other third party goods or services suppliers, selected or used by the Company in the provision of Services to the Travel Agency hereunder, are solvent and provide high quality services; and monitor compliance & report supplier compliance with the Travel Agency’s travel policies as communicated to the Company from time to time.

Examples of Net turnover in a sentence

• Financials Net turnover figures: 2017 £474,554 2018 £492,545 2019 £518,106 Due to retirement, the pub is now trading on limited hours - open daily from 4pm.

• Net turnover is recognised in the profit-and-loss account provided that delivery and transfer of risk for purchases have occurred before the end of the financial year, and provided that the income can be reliably calculated and is expected to be received.

• Net turnover is recognised exclusive of VAT and fees, and with deductions for discounts at the time of sale.

• The calculation method of the Client’s DSO is the following: DSO = 365 * (account 411 client accounts + account 413 unexpired items) at the end of the month (Net turnover in the preceding month + the month’s turnover) *6 For information purposes, the reference rates as of 31st May 2014 are the following: Euribor 3 months = 0.325%, plus 0.80%, that is on the Effective Date of this Agreement: 1.125%.

• Large undertakings meeting two of the following size requirements on a proportional basis: ☐ (a) Balance sheet total at least 20,000,000 EUR ☐ (b) Net turnover at least 40,000,000 EUR ☐ (c) Own funds at least 2,000,000 EUR 3.

More Definitions of Net turnover

Net turnover means the amounts derived from the sale of products and the provision of services after deducting sales rebates and value added tax and other taxes directly linked to turnover; however, for insurance undertakings referred to in point (a) of the first subparagraph of Article 1(3) of this Directive, “net turnover” shall be defined in accordance with Article 35 and point 2 of Article 66 of Council Directive 91/674/EEC*; for credit institutions referred to in point (b) of the first subparagraph of Article 1(3) of this Directive, “net turnover” shall be defined in accordance with point (c) of Article 43(2) of Council Directive 86/635/EEC**; and for undertakings falling under the scope of Article 40a(1) of this Directive, “net turnover” means the revenue as defined by or within the meaning of the financial reporting framework on the basis of which the financial statements of the undertaking are prepared;

Net turnover means the income from the supply of goods and services from the business of the legal entity after deduction of discounts and the like and of taxes levied on turnover. Revenue is income from the ordinary business activities of an undertaking.

Net turnover means … the revenue as defined by or within the meaning of the financial reporting framework on the basis of which the financial statements of the undertaking are prepared.

Net turnover means the amount derived from the sale of products and the provision of services falling within an undertaking’s ordinary activities after deduction of sales rebates and any taxes directly linked to turnover;

Net turnover means the amounts derived from the sale of products and the

Net turnover means the amounts derived from the sale of products and the provision of services after deducting sales rebates and value added tax and other taxes directly linked to turnover; however, for insurance undertakings referred to in point (a) of the first subparagraph of Article 1(3) of this Directive, ‘net turnover’ shall be defined in accordance with Article 35 and

Net turnover means the amounts derived from the sale of products and the provision of services after deducting sales rebates and value added tax and other taxes directly linked to turnover; for credit institutions referred to in point (b) of Article 1(3) of this Directive ‘net turnover’ shall be defined according to point (c) of Article 43(2) of Directive 1986/635 of the Council; for insurance undertakings referred to in point (a) of Article 1(3) of this Directive,