Revenue accruals definition

Revenue accruals means those revenues which are (a) anticipated to be received in cash after the close of the fiscal period and (b) represent reimbursement for expendi- tures incurred by the end of the fiscal period. In order for rev- enue to be included in revenue accruals, it must meet the above tests.
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Revenue accruals means those revenues anticipated to be received in cash after the close of the fiscal period that represents reimbursement for expenditures incurred by the end of the fiscal period.
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Revenue accruals means revenue accruals of any Obligor, in each case in the ordinary course of business and as reflected on the balance sheet of such Obligor prepared in accordance with GAAP, consistently applied, and for which the Agent for the benefit of the banks has an Acceptable Security Interest on all related contract rights of such Obligor. Revenue Accruals shall not include any revenue accrual that arises out of an Excluded Contract.
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Examples of Revenue accruals in a sentence

  • Revenue accruals were deferred in the current fiscal year due to the unavailability of the funds.

  • Revenue accruals are recorded in general ledger account 5200 (see FMM 2013-10: Inter-Bureau Accounting for Travel, Training, and Cash Awards, which can be foundat: http://www.doi.gov/pfm/fmm.

  • This consist of: • Deferred expenses / Revenue accruals - written off/reversed upon termination of VDE : - During the year, the contract with Hansar Holdbull, LLC relating to Veteran Disability Examination (VDE) services has been terminated (as the original contract between Hanar Holdbull, LLC and the Government of United States was not extended).

  • Revenue for accrual basis expenditure funds is limited to amounts received in cash or noncash dona- tions, plus or minus adjustments for revenue accruals.(2) "Cash basis revenue" shall mean the actual receipt of revenue not adjusted for revenue accruals.(3) "Revenue accruals" shall mean those revenues which are (a) anticipated to be received in cash after the close of the fiscal period and (b) represent reimbursement for expendi- tures incurred by the end of the fiscal period.

  • Verification of Business Performance, which includes: - Revenue accruals, client billings, client rebate calculations, transfer pricing calculations and confirmations; - Preparation of bank reconciliations; and - Payment processing and accruals.

  • Net Change in Fund Balance General Permanent Improvements GAAP basis $ 902,901$ (164,645)Increase (decrease) due to: Revenue accruals 185,795 4,330,654Expenditure accruals (218,019)(4,232,216)Outstanding encumbrances (470,671) (93,011)Budget basis $ 400,006$ (159,218) Note 6: Deposits and Investments State statutes classify monies held by the City into three categories.

  • Douglas Powell Chair ELHWATA_BOD_Min_20170323_Closed_Session$7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0• Expenses over Revenues recorded: $171,033• Does not include March fuel and maintenance payables (approximately $100,000)• Revenue accruals from YTD expenses approximately $400,000WATA EXPENSES VS.

  • Revenue accruals are assessed by project management by reference to work performed on the ground and not invoiced.

  • Revenue accruals reported on the Report of Accruals to Controller’s Accounts (Report 1) and/or adjustments reported on the Adjustments to Controller’s Accounts (Report 3) will be the reconciling factors.The revenues per the agency’s/department’s records should agree with the revenues reported to DOF on schedule 10R for inclusion in the Governor’s Budget.SCO will refer to Report 4 to obtain additional information that may help resolve any Report 1 and/or 3 discrepancies.

  • Revenue accruals for facility linked incentive contracts within accounts receivable, net were $3.1 million as of December 31, 2018.


More Definitions of Revenue accruals

Revenue accruals means revenue ---------------- accruals of WGI and the WGI Ownership Percentage of revenue accruals of the Operating Subsidiaries and the Material Joint Ventures, in each case in the ordinary course of business and as reflected on the balance sheet of the respective WGI Entity, each such balance sheet shall be prepared in accordance with GAAP, consistently applied. Revenue Accruals shall not include any revenue accrual that arises out of a contract or order that, specifically by its terms, forbids or makes void or unenforceable any assignment by the payee to the Agent for the benefit of the Lenders of the account receivable arising with respect thereto.
Sample 1
Revenue accruals means the portion of the Organic Payout, the Final Organic Payout and the Synergistic Payout related to revenue of the Organic Business and the Synergistic Business properly recorded under the Accounting Principles prior to the time payment for such revenue is collected.
Sample 1

Related to Revenue accruals

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Interest Accrual Date means with respect to any Security, the date the Company accepts funds for the purchase of the Security if such funds are received by 3:00 p.m. (EDT) on a Business Day, or if such funds are not so received, on the next Business Day.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

  • Current Accrual Rate means, with respect to each Payment Date and any Reference Obligation, the current mortgage rate, less the greater of (i) the related servicing fee rate and (ii) 35 basis points.

  • Interest Accrual Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii) the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (b) the Class A Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (ii) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates with respect to such Distribution Date pursuant to Section 4.02(e) and (iii) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates on or after the Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no Interest Accrual Amount. As to any Distribution Date and any Class of Class B Certificates, an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (ii) the Class B Interest Percentage of such Class of (x) any Non-Supported Interest Shortfall allocated to the Class B Certificates with respect to such Distribution Date and (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class B Certificates with respect to such Distribution Date pursuant to Section 4.02(e).

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Cash Reserve means (i) at any time after the occurrence and during the continuation of a Level One Trigger, [*] of the aggregate Investment at such time and (ii) at any other time, an amount equal to 1% of the aggregate Investment at such time.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Debt Service Reserve Fund means the fund by that name established pursuant to the Second Resolution.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Special Payments Account Means, with respect to the Class A Certificates, the account or accounts created and maintained for such series pursuant to Section 4.01(b) of the Basic Agreement (as modified by Section 7.01(c) of this Trust Supplement) and this Trust Supplement.

  • Debt Service Reserve means the reserve for payment of principal and interest on the Bonds, created and established by Sections 502 and 506 of the General Trust Indenture.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Production Payments and Reserve Sales means the grant or transfer by the Company or any of its Restricted Subsidiaries to any Person of a royalty, overriding royalty, net profits interest, Production Payment, partnership or other interest in Oil and Gas Properties, reserves or the right to receive all or a portion of the production or the proceeds from the sale of production attributable to such properties where the holder of such interest has recourse solely to such production or proceeds of production, subject to the obligation of the grantor or transferor to operate and maintain, or cause the subject interests to be operated and maintained, in a reasonably prudent manner or other customary standard or subject to the obligation of the grantor or transferor to indemnify for environmental, title or other matters customary in the Oil and Gas Business, including any such grants or transfers pursuant to incentive compensation programs on terms that are reasonably customary in the Oil and Gas Business for geologists, geophysicists or other providers of technical services to the Company or any of its Restricted Subsidiaries.