Revenue Benchmark definition

Revenue Benchmark shall have the meaning set forth in Section 2.02(c).
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Revenue Benchmark means the performance benchmark assigned to a certain District and based on that District's revenue.
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Revenue Benchmark means a calculated amount of intrastate revenues per access line. A separate revenue benchmark shall be established for residential service and for business service for each geographic area according to the following formulae:
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Examples of Revenue Benchmark in a sentence

  • The Advertising Revenue Benchmark is defined as the average annual percentage change in NAA newspaper advertising revenue minus employment revenue from year to year during the three years included in the measurement period.

  • Grow newspaper advertising revenue minus employment revenue during the measurement period** at a rate equal to or in excess of the growth rate of the Advertising Revenue Benchmark (as hereinafter defined).

  • At the end of the Earn-Out Period, Seller shall also be entitled to receive an additional Earn-Out Payment in the amount of Six Hundred Twenty Five Thousand Dollars ($625,000) for each previous Earn-Out Quarter for which no Earn-Out Payment was previously paid if the aggregate amount of Gross Revenue for the Earn-Out Period equals or exceeds the Revenue Benchmark.

  • For each fiscal year following the 2001 fiscal year, the Revenue Benchmark for each District shall be calculated by adding that District's Revenue Benchmark for the immediately preceding fiscal year to the amount of revenue credited to such District during such fiscal year and dividing the sum of those two numbers by two; provided, however, in no event shall the Revenue Benchmark for a fiscal year ever be less than the Revenue Benchmark for the immediately preceding fiscal year.

  • Each fiscal year, each District will be assigned a Revenue Benchmark and an EBIT Benchmark.

  • The Revenue Benchmark and the EBIT Benchmark for each District for the 2001 fiscal year shall be as set forth on Schedule I attached to this Plan.

  • As soon as practical following the end of each fiscal year, a Pool shall be established for each District in an amount equal to $0.02 for each $1.00 of revenue generated during such fiscal year by such District that is over and above that District's Revenue Benchmark for such fiscal year, plus $0.22 for each $1.00 of such District's EBIT for such fiscal year that is over and above that District's EBIT Benchmark for such fiscal year.

  • In the event the Effective Date of this Agreement is a date other than May 1, 2000, the Parties shall adjust the monthly Revenue Benchmark for the initial calendar month(s) of this Agreement to and including the month during which the Effective Date occurs, as agreed to by CPS and Orion.

  • Notwithstanding anything in this Agreement to the contrary, any such request for purchase of Shortfall Energy by Orion shall not result in an adjustment to the Revenue Benchmark as set forth in Section 6.2(b) hereof.

  • If during the Tier Two Term, Gross Revenue is less than the Tier Two Revenue Benchmark, a percentage of the Tier Two Revenue Clawback Shares shall be released to the Beneficiaries, equal to the percentage by which the Gross Revenue during the Tier Two Term bears to the Tier Two Revenue Benchmark.

Related to Revenue Benchmark

  • Term Benchmark when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted Term SOFR Rate.

  • Benchmark means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.12(d)(iii)(A).

  • Moderate income housing means housing occupied or reserved for occupancy by households with a gross household income equal to or less than 80% of the median gross income for households of the same size in the county in which the city is located.

  • Plan for moderate income housing means a written document adopted by

  • Benchmarks mean the performance milestones that are set forth in Appendix D.

  • Seasonal high water table means the highest zone of soil or rock that is seasonally or permanently saturated by a perched or shallow water table. A planar surface, below which all pores in rock or soil (whether primary or secondary) that is seasonally or permanently saturated.

  • Relevant Benchmark means the Index, the Reference Interest Rate and any other index, benchmark or price source by reference to which principal or other amounts payable under the Securities is calculated.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.

  • Revenue means the price for iron ore from the mineral lease the subject of any shipment or sale and payable by the purchaser thereof to the Company or an associated company less all export duties and export taxes payable to the Commonwealth on the export of the iron ore and all costs and charges properly incurred and payable by the Company from the time the ore shall be placed on ship at the Company’s wharf to the time the same is delivered and accepted by the purchaser including —

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • mean high water springs or “MHWS” means the highest level which spring tides reach on average over a period of time;

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

  • ROIC means the Company’s return on Invested Capital calculated as a percentage for the twelve month period ending on the last day of the Performance Period by dividing net operating profit after tax by Invested Capital. For the purposes of calculating ROIC under this Agreement, “net operating profit” shall be adjusted to exclude the impact of all restructuring, foreign exchange, impairments, legal settlements, employee separation costs, product liability charges, pension plan and SERP terminations and retroactive tax law changes to the extent such items were not contemplated and included in the Company’s 2013-2018 Strategic Plan, upon which the ROIC goals were based.

  • Distribution Reinvestment Plan means the distribution reinvestment plan of the Company approved by the Board and as set forth in the Prospectus.

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Moderate Income means more than 50 percent but less than 80

  • EPS means earnings per share.

  • Business Unit means the assets constituting the business or a division or operating unit thereof of any Person.

  • Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.

  • Net Economic Return shall have the meaning ascribed to such term in paragraph 2 of Exhibit E to the Lease.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;