Revenue Growth Rate definition

Revenue Growth Rate means a percentage equal to (i) the Company’s aggregate revenue for a Measurement Period divided by (ii) the Company’s aggregate revenue for the Comparative Period .

Revenue Growth Rate for a given year will equal the percentage equivalent of the quotient determined by dividing (A) total Revenues for such year minus total Revenues for the immediately prior year by (B) total Revenues for such immediately prior year. For this purpose, the Revenue Growth Rate for 2004 is determined by subtracting 2003 Revenues from 2004 Revenues and dividing such amount by 2003 Revenues; the Revenue Growth Rate for 2005 is determined by subtracting 2004 Revenues from 2005 Revenues and dividing such amount by 2004 Revenues; and the Revenue Growth Rate for 2006 is determined by subtracting 2005 Revenues from 2006 Revenues and dividing such amount by 2005 Revenues. For purposes of this Agreement, the Average Revenue Growth Rate will be rounded up or down, as the case may be, to the nearest one-tenth of one percent.

Revenue Growth Rate the amount (expressed as a percentage) of (a) (i) the Borrower’s consolidated total revenues determined in accordance with GAAP for any trailing 4 fiscal quarter period (the “Test Period”) minus (ii) the Borrower’s consolidated total revenues determined in accordance with GAAP for the same trailing 4 fiscal quarter period of the immediately preceding year divided by (b) the Borrower’s consolidated total revenues determined in accordance with GAAP for the same trailing 4 fiscal quarter period of the immediately preceding year (the “Prior Period”); provided that if the Borrower has consummated a Permitted Acquisition, other merger or acquisition permitted hereunder, or any disposition of any business, including any division or line of business, or assets permitted hereunder (each, a “Specified Transaction”) during the Test Period, the Borrower’s consolidated total revenues for the Prior Period shall be recalculated, adjusted and determined on a pro forma basis as if such transaction occurred on the first day of the Prior Period.

Examples of Revenue Growth Rate in a sentence

• The annual cash bonus due under this Section 4(e) shall be calculated as follows: Annual $Bonus = Annual $ Base Salary x [.75 x (Annual Revenue Growth Rate - 30%) + 1.25 x (Annual Net Earnings Growth Rate - 30%)] Attached hereto as Exhibit B is a matrix of examples to illustrate the application of the above formula.

• For purposes of determining such deficiency, monthly percentage rent shall be included by taking the average percentage rent during the 12 months preceding the default or breach by Tenant.

• Subject to Sections 1(b) and (c) below, such number of PSUs shall vest on each Annual Determination Date (as defined below) based on the Company’s Annual Revenue Growth Rate (as defined below) during the applicable Annual Performance Period (as defined below) as is determined by multiplying (i) the number of PSUs set forth in the Grant Notice, by (ii) 25%, by (iii) the Revenue Growth Achievement Percentage (as determined in the chart below).

• Annual Revenue Growth Rate for Annual Performance PeriodRevenue Growth Achievement Percentage If the Company’s Annual Revenue Growth Rate for the applicable Annual Performance Period is between two achievement levels, the Revenue Growth Achievement Percentage for such fiscal year shall be determined by linear interpolation between the applicable achievement levels.

• Revenue Growth Rate Percentage: Net sales as calculated Performance Period over Performance Period and divided by the net sales from the earlier of the Performance Periods.

More Definitions of Revenue Growth Rate

Revenue Growth Rate for a specified year shall mean a percentage obtained by dividing (i) the Company's total revenues for such specified year, as publicly reported by the Company minus the Company's total revenues for the year immediately preceding such specified year, as publicly reported by the Company, by (ii) the Company's total revenues for the year immediately preceding such specified year, as publicly reported by the Company. For example, the Revenue Growth Rate for 1999 would be equal to (i) the Company's total revenues for 1999 minus the Company's total revenues for 1998 divided by (ii) the Company's total revenues for 1998.

Revenue Growth Rate shall generally mean the three-year compound annual growth rate for Adjusted Revenues (as defined in Section 2.3 above) and shall be calculated by dividing the Company’s Adjusted Revenues for the Performance Period by $ which was the Company’s Adjusted Revenues for the year ended , then determining the cube root of the resulting number, subtracting one from such cube root and then expressing the resulting amount as a percentage. For this purpose, the Company’s operating expenses for the Performance Period shall be that amount as set forth in the audited consolidated financial statements of the Company and its subsidiaries for the year.

Revenue Growth Rate means the percentage increase in the Company’s Gross Revenue from the prior year to the year of grant, determined as (A-B) ÷ B, where A equals the Company’s Gross Revenue the year of grant and B equals $[•](the Company’s Gross Revenue for the prior year). If a Change in Control occurs during the year, the “Revenue Growth Rate” will be calculated in accordance with the same formula except that A will be an amount equal to the Company’s Gross Revenue for the period beginning on January 1 of the year of grant and ending on the last day of the calendar quarter that ends prior to the date of the Change in Control (the “Short Year”), and B will be an amount equal to the Company's Gross Revenue for the corresponding period in the prior year.

Revenue Growth Rate means for each fiscal year of the Performance Period, the Revenue for such fiscal year minus the Revenue for the preceding fiscal year with such result divided by the Revenue for such preceding fiscal year. For example, if Revenue for Year 1 is $750,000,000 and Revenue for Year 2 is $900,000,000, then the Year 2 Revenue Growth Rate would equal 20% (equal to (($900,000,000 - $750,000,000)/$750,000,000)).

Revenue Growth Rate means the percentage change determined by dividing the Company’s 2014 Annual Revenue by its “2013 Annual Revenue.” For purposes of this Agreement, the Company’s and any other Comparator Group member’s “2013 Annual Revenue” is the Company’s or other member’s publicly reported total revenue (which, for the avoidance of doubt, shall include any revenue attributable to any merger and acquisition activity) for its four most recently completed fiscal quarters, determined as of February 12, 2014. If the Committee determines that an alternative method of calculating its Revenue Growth Rate would be more appropriate to achieve the objectives of this Award then such method shall be applied to determine Revenue Growth Rate for the Performance Measurement Period; provided, however, if the Grantee is a Covered Employee, the Committee’s determination must be made before the date that is 90 days after the commencement of the Performance Measurement Period.

Revenue Growth Rate means a percentage equal to (i) the Company’s aggregate revenue for a Measurement Period divided by (ii) the Company’s aggregate revenue for the Comparative Period.

Revenue Growth Rate has the meaning specified in Section 8.6(n).