Recognized Revenue definition

Recognized Revenue means operating
Recognized Revenue means, with respect to an applicable Earnout Period, determined in accordance with GAAP, the sum of: (i) gross revenue of the Surviving Entity for such Earnout Period; and (ii) gross revenue of Buyer or any of its Subsidiaries for such Earnout Period that is determined by Buyer in its reasonable and good faith discretion to be attributable to (x) the product lines or technologies of the Surviving Entity or (y) introductions to customers made by the Surviving Entity, subject to Buyer’s prior written consent to such introductions (provided, that Buyer may only withhold such consent if Buyer can reasonably establish that, as of the date that the Surviving Entity proposes such introduction, any such customer is (or was) already a customer of, or is being actively pursued as a customer by, Buyer or any of its Subsidiaries) (including, for the avoidance of doubt, any revenue generated from Buyer selling services or products provided by the Surviving Entity and any revenue generated from the Surviving Entity selling services or products provided by Buyer or its Subsidiaries other than the Surviving Entity).
Recognized Revenue means revenues recognized by Entrust in 2009 on account of your Qualified Sales concluded in the 2009 calendar year.

Examples of Recognized Revenue in a sentence

  • The remittance of applicable portion of Recognized Revenue shall be made by Licensee within 30 days after the end of the calendar quarter in which such Recognized Revenue is achieved.

  • Thirty-three percent (33%) of the total Awarded Shares shall vest on the first date after the Grant Date that the Company’s Recognized Revenue (as defined below) equals $50 million, provided the Grantee is employed by (or, if the Grantee is a consultant or an outside director, is providing services to) the Company or a Subsidiary on that date.

  • The Shareholders acknowledge and agree that the Chief Financial Officer of Parent (the "Parent CFO") shall determine the Recognized Revenue for each respective Year Period (as determined in accordance with generally accepted accounting principles).

  • Promptly, but in no event later than forty five (45) business days after each quarterly period, the Parent CFO shall provide to the Shareholders a statement which shall disclose the Recognized Revenue and Margins for the preceding quarterly period (a “Quarterly End Statement”).

  • The remaining thirty-three percent (33%) of the total Awarded Shares shall vest on the first date after the Grant Date that the Company’s Recognized Revenue equals $150 million, provided the Grantee is employed by (or, if the Grantee is a consultant or an outside director, is providing services to) the Company or a Subsidiary on that date.


More Definitions of Recognized Revenue

Recognized Revenue means only the portion of revenue recognized by Licensee after deducting the actual cost of the Revenue Event (i.e., cost of work) from the total amount of revenue received from the Revenue Event (i.e., total receipts) as specified in Section 3(b)(i)(A).
Recognized Revenue means the ***.
Recognized Revenue means, for any given Earnout Period, the sum of (A) an amount equal to the Net Sales recognized during such Earnout Period and (B) an amount equal to the Net Licensing Revenue recognized during such Earnout Period; provided, however, that the first $2,000,000 of the sum of Net Sales and Net Licensing Revenue recognized across all Earnout Periods shall not constitute Recognized Revenue.
Recognized Revenue means revenue that is recognized on the Company's financial statements, materially in accordance with generally accepted accounting practices and Company policies.
Recognized Revenue means the cumulative gross revenue generated by (i) sales of products that have been delivered to customers of the Company or one of its subsidiaries, or (ii) licensing of the technology developed by the Company or one of its subsidiaries, since January 1, 2008, as calculated by the Committee in its sole discretion.
Recognized Revenue means the Revenue recognized under a Current Customer Contract, Replacement Customer Contract or New Customer Contract, as the case may be, in each calendar month or portion thereof on and after (A) the applicable Transfer Effective Time, (B) the date it becomes subject to a Participation Arrangement under the Transaction Agreement or (C) the effective date of such Replacement Customer Contract or New Customer Contract, as the case may be;
Recognized Revenue means the total revenue actually recognized and accrued according to GAAP by Monster, excluding any (a) discounts, rebates and refunds, (b) taxes, duties and levies in any applicable jurisdiction, (c) revenue shares owed to Third Parties, or (d) sales commissions to employees or any Third Parties that are not employees of such Party.