Quarterly Revenues definition

Quarterly Revenues means the Revenues of the Company and its Subsidiaries for each Calendar Quarter.

Quarterly Revenues for any Fiscal Quarter, revenues for such quarter (other than revenues derived from sources which are disputing amounts payable to any Loan Party with respect to reciprocal compensation related to internet service providers and related facility charges) that are received from any third party entity which is not an Affiliate of any Loan Party or the principal shareholders of such Loan Party.

Quarterly Revenues for any period, revenues of the Borrower and its Subsidiaries for the previous Fiscal Quarter that are (a) received from any third party entity which is not an Affiliate of Holdings or any of its principal equity owners and (b) not in dispute.

Examples of Quarterly Revenues in a sentence

• There shall be no reduction in the Base Rent regardless of the result of the Quarterly Revenues Computations.

• The Suite Revenue Breakpoint then included in the Quarterly Revenues Computation pursuant to Subsection 3.1(b) shall be similarly adjusted, effective with any such adjustment in the Base Rent.

• Within 30 days after the last day of each quarter of each Fiscal Year (or part thereof) in the Term, Lessee shall deliver to Lessor an Officer's Certificate reasonably acceptable to Lessor, together with the applicable quarterly Percentage Rent payment, setting forth the calculation of Percentage Rent accrued and paid for such quarter including the Quarterly Revenues Computation.

• In no event will the amount of Percentage Rent payable for any calendar quarter or the result of any Quarterly Revenues Computation be less than zero, and there shall be no reduction in the Base Rent regardless of the result of any Quarterly Revenues Computation.

• It is required that such Page 1 of 7 March 2004 supervisor(s) will always be on-site while Work is being performed in the event of an emergency.

More Definitions of Quarterly Revenues

Quarterly Revenues shall have the following meaning: “Quarterly Revenues” shall mean the Grantee’s gross sales or service revenues for each quarter excluding revenues which, in the sole determination of Grantor, are from activities related to sponsored research or development not resulting in the sale or delivery of a product or service in what would be Grantee’s commercial business activities. Examples of such exclusions include, but are not limited to, MIPS investments, SBIR grants, CRADA agreements, research and development grants from public or private agencies or foundations, or fees for services rendered directly in connection with corporate sponsored research and development contracts covering specific activities. “Quarterly Revenues” shall further exclude income which, in the sole determination of Grantor, is deemed to constitute the proceeds of grants or investments.

Quarterly Revenues for any Fiscal Quarter, revenues for such quarter (excluding, to the extent included therein, any revenues and related losses from reciprocal compensation and losses resulting from resolution of disputed access revenues, which are reflected in Borrowers' Financial Statements for the Fiscal Quarter ended September 30, 2000) that are received from any third party entity which is not an Affiliate of any Loan Party or the principal shareholders of such Loan Party."

Quarterly Revenues means those revenues described in Section 4.2(a) hereof.

Quarterly Revenues means the Grantee’s gross sales or service revenues for each quarter excluding revenues which, in the sole determination of Grantor, are from activities related to sponsored research or development not resulting in the sale or delivery of a product or service in what would be Grantee’s commercial business activities. Examples of such exclusions include, but are not limited to, MIPS investments, SBIR grants, CRADA agreements, research and development grants from public or private agencies or foundations, or fees for services rendered directly in connection with corporate sponsored research and development contracts covering specific activities. “Quarterly Revenues” shall further exclude income which, in the sole determination of Grantor, is deemed to constitute the proceeds of grants or investments.

Quarterly Revenues shall further exclude income which, in the sole determination of Grantor, is deemed to constitute the proceeds of grants or investments.

Quarterly Revenues means for each Calendar Quarter, the greater of the Actual Revenues achieved with respect to the Air Service, or the Minimum Revenues for such Calendar Quarter.

Quarterly Revenues means the Grantee’s gross sales or service revenues for each quarter excluding revenues which, in the sole determination of Grantor, are from activities related to sponsored research or development not resulting in the sale or delivery of a product or service in what would be Grantee’s commercial business activities. Examples of such exclusions include, but are not limited to, MIPS investments, SBIR grants, CRADA agreements, research and development grants from public or private agencies or foundations, or fees for services rendered directly in connection with corporate sponsored research and development contracts covering specific activities.