Revenue Event definition

Revenue Event means income, revenue, reimbursements, proceeds or other payment of any kind or nature under or pursuant to, or in connection with, any Reimbursement Contract.

Revenue Event occurs when Borrower achieves two consecutive quarters of profitability and positive cash flow as determined under GAAP.”

Revenue Event occurs when Borrower achieves seventy-five percent (75.0%) of its revenue plan for the fiscal year 2005.

Examples of Revenue Event in a sentence

• The program may be prepared in the form of Bar charts (CPM / PERT charts or any latest technique) which can be updated with the help of available computer packages.

• City Ball Diamond and Sport Field Revenue in 2016$20,000$10,000$12,700$20,000$15,000$10,000$5,000$-2016 Revenue Sources Rental Agreements Booking Revenue Event Bookings The City’s ball diamond and sport field facilities are delivered through three (3) very different operational models as follows:• Exclusive Use Rental Agreements: A total of ten (10) rental user groups have signed an agreement with the City where they have ‘exclusive use’ of a facility.

• For clarity, only payments or other considerations to be made or provided that (i) are calculated solely on the basis of sales made or transactions completed during a City Revenue Event directly relating to such City Revenue Event or (ii) are payable solely because a given City Revenue Event is held shall be “directly attributable” to such City Revenue Event.

• As provided for in ¶ 4.1(a) of the Funding Agreement, Hosie Rice was only entitled to redraw one-half of the amount of the principal repaid: [T]he Original Committed Amount [$1 million] available to Firm on the basis that if a Claim (other than the Space Data Case) results in a Revenue Event before the twenty-four (24) month anniversary of the Closing Date, then Firm may redraw fifty percent (50%) of the Original Committed Amount repaid to Funder pursuant to Section 13.

• RevenueBID Assessments83,974City Match0Membership Dues22,026Interest Income30Program Revenue (Event Revenue, Sponsorship and other Grants)123,970Total Revenue$230,000 ExpensesWages and Benefits148,900Office Rent2,000Business Meeting Costs3,600Insurance3,000Misc.

More Definitions of Revenue Event

Revenue Event means Borrower’s achievement of revenues on a trailing six (6) month basis as of the most recent completed month ended prior to the Funding Date of the Term B Loan of at least seventy five percent (75%) of Borrower’s board approved plan attached hereto as Annex I.

Revenue Event is the achievement by Borrower after the Effective Date of trailing twelve (12) months’ revenue of at least Eight Million Dollars ($8,000,000), determined by Collateral Agent, based upon written evidence satisfactory to Collateral Agent, at the end of any fiscal month of Borrower.

Revenue Event means the sale, lease or other rental of any products or services of the Borrower or any of its subsidiaries, and (b) "Revenue" shall mean all sums received by the Borrower in connection with a Revenue Event other than sales or similar taxes.

Revenue Event is the achievement by Borrower of consolidated annual revenues for the 2017 calendar year of at least Forty-Nine Million Six Hundred Thousand Dollars ($49,600,000.00), reasonably determined by Collateral Agent based upon written evidence satisfactory to Collateral Agent.

Revenue Event means delivery by Borrower to Bank, on or prior to the Draw Period End Date, of evidence satisfactory to Bank in Bank’s sole discretion, that Borrower (calculated on a consolidated basis with respect to Borrower and its Subsidiaries) has achieved net revenues determined in accordance with GAAP, calculated on a trailing twelve (12) month basis, of at least Seventy Million Dollars ($70,000,000), as of the last day of any month calculated during the period commencing on December 31, 2014 through and including the Draw Period End Date.

Revenue Event is the first achievement by Borrower after the Effective Date of consolidated product revenues, measured on a trailing six (6) month basis, of at least Seven Million Five Hundred Thousand Dollars ($7,500,000.00), as determined in accordance with GAAP by Collateral Agent based upon written evidence satisfactory to Collateral Agent.

Revenue Event is Borrower’s achievement of consolidated product revenues, measured on a trailing twelve (12) month basis as of November 30, 2017, of at least Twenty Million Dollars ($20,000,000.00), as determined in accordance with GAAP by Lenders based upon written evidence satisfactory to the Lenders.