Relevant Turnover definition

Relevant Turnover means annual turnover attributable to the provision (including any wholesale provision) of Publicly Available Telephone Services and/or Publicly Available Internet Access Services after the deduction of sales rebates, value added tax and other taxes directly related to turnover;
Relevant Turnover means the gross receipts in money or money's worth of the licensee, or any person in respect of whom an exemption determination has been made under section 32 —

Examples of Relevant Turnover in a sentence

  • Given that the Parties have turnover in both segments, the Relevant Turnover is not affected by whether the relevant market for medium- and large-sized vans is combined or comprises two separate segments.

  • The Expert shall determine the amount of Relevant Turnover and any Deferred Payment, which may include any issue involving the interpretation of any provision of this agreement, his jurisdiction to determine the matters and issues referred to him or his terms of reference.

  • However, a systematic framework to position these methods in relation to one another has been lacking.

  • Under SCMP, Clubs in League One currently operate at a permitted spending threshold of 60% of Relevant Turnover (including Football League distributions, Premier League solidarity payments, match revenue and commercial net income) plus 100% of Football Fortune Income (including prize monies from cup competitions, League parachute income, net transfer income, donations, cash injections, equity injections and accumulated profit).

  • For example, if a Licensee failed to make a Qualifying Investment in a given Year but makes a Qualifying Investment in the next Year, then a successful application by this Licensee in the following Year would result in reduction in its Comms Licence Fee equal to the lower of the Investment or 0.75 percent of the Relevant Turnover in the following Year.


More Definitions of Relevant Turnover

Relevant Turnover means the gross receipts in money or money’s worth of the Licensee, or any Person in respect of whom an exemption determination has been made attributable to:
Relevant Turnover means such gross revenues as each holder of a licence may have generated from activities under that licence in the previous financial year;
Relevant Turnover has the meaning given in Schedule 4.2 XX 0000: the Securities Xxx 0000 as administered by the United States Securities and Exchange Commission. Sale Shares: the 10,000 Ordinary shares of GBP1 each in the Company, all of which have been issued and are fully paid. Sellers’ Solicitors: Xxxxxxx Xxxxx & Xxxxxx LLP of Montague House, Xxxxxxxx Xxxx, Xxxxxxxxx, Xxxxxxxxxxxxxxxx, XX00 0XX. Subsidiary: in relation to a company wherever incorporated (a holding company) means a “subsidiary” as defined in section 1159 of the Companies Xxx 0000 and any other company which is a subsidiary (as so defined) of a company which is itself a subsidiary of such holding company. Unless the context requires otherwise, the application of the definition of Subsidiary to any company at any time will apply to the company as it is at that time. Transaction: the transaction contemplated by this agreement or any part of that transaction. Warranties: the representations and warranties in clause 6.
Relevant Turnover in relation to any 12 month period ending on 30 June, the aggregate turnover of the Company and its Subsidiaries (if any) as shown in the audited management accounts of the Company and its Subsidiaries for that period.
Relevant Turnover means, for the purposes of calculating applicable fees under this Act, the portion of a licence holder’s total turnover minus payments to other COL holders, as specified by the Authority;
Relevant Turnover means, in relation to an applicable undertaking, the gross revenue, excluding value added tax, paid or payable, of the applicable under- taking in respect of the provision of postal services within the scope of universal postal service in its relevant financial year;
Relevant Turnover means in relation to an applicable undertaking the gross revenue excluding value added tax paid or payable to the applicable undertaking in respect of the provision of postal services;