RER Revenue definition

RER Revenue shall have the meaning as given in Section 3.2(a).
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Examples of RER Revenue in a sentence

  • In the event that the Shareholders' Representatives provide Itron with a timely RER Revenue Dispute Notice, then the Shareholders' Representatives and Itron shall work together in good faith to reach an agreement on the appropriate Earnout Payments.

  • The RER Revenue shall be determined by Itron using the same information used in compiling the audited financial statements of Itron and related work papers and will be in accordance with GAAP consistently applied.

  • In the event that the Shareholders' Representatives allege in the RER Revenue Dispute Notice an entitlement to greater Earnout Payments because of a breach of Itron's covenants in Section 6.11 hereof, and the parties are unable to resolve the dispute within the twenty (20) Business Day resolution period referenced in Section 3.2(b), then the dispute shall be resolved in accordance with Section 10.3(b) (including, but not limited to, the payment of interest).

  • The Company will advise employees of an overtime requirement within a reasonable period of time of the overtime need arising.

  • The amount of Itron Common Shares to be paid to the respective Earnout Payee as the Earnout Stock Portion, if any, on each occasion shall be that number determined by dividing (A) the Earnout Stock Portion, by (B) the average Closing Price on the twenty (20) trading days prior to the fifth (5th) trading day preceding the day that Itron delivers to the Shareholders' Representatives the written calculation of the RER Revenue and the Earnout Payments, if any, pursuant to Section 3.2(a).

  • If within twenty (20) Business Days after Itron's receipt of the RER Revenue Dispute Notice, Itron and the Shareholders' Representatives have not reached an agreement and the Shareholders' Representatives have not retracted the RER Revenue Dispute Notice, the parties shall engage the Accounting Arbitrator to calculate the amounts of the Earnout Payments.

  • Upon receipt of such written calculation of the annual RER Revenue and Earnout Payments, if any, from Itron pursuant to Section 3.2(a), the Shareholders' Representatives shall have thirty (30) Business Days in which to object in writing to Itron with respect to Itron's written calculation of the annual RER Revenue and the amount of the Earnout Payments, if any (the "RER Revenue Dispute Notice").

  • In the event that the Shareholders' Representatives fail to object to Itron's written calculation of the annual RER Revenue and the amount of the Earnout Payments, if any, within the foregoing period, the aggregate amount of such Earnout Payments shall be deemed conclusive and binding on all parties.

  • Itron shall also cause Deloitte & Touche, LLP or such other nationally recognized accounting firm designated at Itron's sole discretion (the "Itron Accountants") to confirm that the calculations of the annual RER Revenue are in accordance with the provisions of Section 3.2(a)(ii) and that the procedures performed for calculating the annual RER Revenue are in accordance with GAAP consistently applied.