Quarterly Revenue definition

Quarterly Revenue means the Quarterly Turnover less:

Quarterly Revenue. Total Charge Coverage Ratio", "Total Charges" and "Type".

Quarterly Revenue for any fiscal quarter of the Borrower, the aggregate amount of revenues recorded by the Borrower and its Subsidiaries on a consolidated basis during such quarter, determined in accordance with GAAP, excluding the aggregate amount of reciprocal compensation receivable with respect to calls terminated to Internet service providers and accrued by the Borrower and its Subsidiaries during such quarter (except to the extent actually received by the Borrower and its Subsidiaries during such quarter in cash).

Examples of Quarterly Revenue in a sentence

• Simultaneously with the submission of Leju Quarterly Revenue Notice to SINA, Leju shall, and shall cause each SINA Agent to, pay the charge calculated on the following method to the bank account designated by SINA (“Leju Quarterly Payment”): Leju Quarterly Payment shall be an amount equal to the product of total List Price of Offsite Advertising Inventory actually sold by SINA Agents in such quarter multiplied by twenty five percent (25%) and further multiplied by fifteen percent (15%).

• In order to verify the accuracy of any written notice or report (including but not limited to Leju Quarterly Revenue Notice and Leju Annual Revenue Notice, but excluding any written notice issued by any Party pursuant to Section 9.02 of this Agreement) issued by the other Party, each Party may, within six months upon its receipt of such notice or report, retain an external auditor (which auditor shall be qualified under U.S. GAAP) to audit the books and records of the other Party.

• The IB provides reward for successful performance and is based upon your performance to your assigned annual company revenue target (“CRT”), Corporate Quarterly Revenue Target (“CQRT”) and Strategic Accounts (“SA”) deals.

• Each such Quarterly Revenue Report shall be an unaudited statement produced by PathNet.

• In certifying compliance with this requirement, the Lender shall be permitted to rely on (i) financial records delivered by the Borrower to the Lender regarding the Borrower and its affiliates; (ii) the calculation of the Borrower’s and the Borrower’s affiliates’ average 2019 quarterly revenue certified to the Lender by the Borrower; and (iii) the Borrower’s identification of its affiliates.2.J. Average 2019 Quarterly Revenue Requirement for Holding Company.

More Definitions of Quarterly Revenue

Quarterly Revenue means the Company’s net sales for the applicable Fiscal Quarter, determined in accordance with generally accepted accounting principles.

Quarterly Revenue means the Quarterly Turnover less: Allowable Expenses (if any of these payments are made to an Affiliate, they shall be excluded from Quarterly Revenue only to the extent that those payments are made at open market value on an arm’s-length basis); and non-recurring extra-ordinary items of receipt (including real estate) not made in the ordinary course of business.

Quarterly Revenue means the total revenue represented by invoices issued by the Design Services Business during a quarter in accordance with GateField's current revenue recognition policy for the Design Services Business, which the parties agree is the following: (1) revenue is recognized on cost plus fixed fee and time and materials contracts upon the issuance of invoices to customers on a monthly basis, based upon hours of services performed under the contract; and (2) revenue is recognized on fixed price contracts upon the issuance of invoices to customers on a monthly basis, based upon certain milestones.

Quarterly Revenue means with respect to any fiscal quarter, the total revenue earned by Informix and its consolidated Subsidiaries during such fiscal quarter minus the Restated Revenue.

Quarterly Revenue means, for any period as at any date of determination, the sum of the aggregate value of all (a) billed Accounts of Borrower for such period taken as a single accounting period under GAAP, plus (b) quarterly services performed by the Borrower on all service contracts for billed Accounts, as reported by Borrower in its Quarterly Financial Statements delivered to the Bank pursuant to Section 6.2(e), minus (c) one-time credits applied to any of Borrower’s Accounts.

Quarterly Revenue means, with respect to any Quarter, the sum of Direct Quarterly Revenue plus Indirect Quarterly Revenue for such Quarter. Quarterly Revenue shall be calculated and reported with respect to each Quarter in an Eligible Year in accordance with Section 3.1. The number of "Net Warrant Shares" is calculated as follows: NWS = A – PW Where: NWS = the number of "Net Warrant Shares" A =the lesser of the number of Gross Warrant Shares for such Quarter (determined in accordance with the formula below) or the Cumulative Quarterly Warrant Cap for such Quarter PW =the aggregate total Warrant Shares under Warrants issued with respect to prior Quarters in the same Eligible Year; provided, however, that if PW is greater than A, the number of Net Warrant Shares shall be deemed to be zero.

Quarterly Revenue total revenue less professional services revenues of the Borrower and its Subsidiaries for the most recent fiscal quarter.