Revenue Guarantee definition
Examples of Revenue Guarantee in a sentence
Should Clients revenues appear to be dropping below the Minimum Revenue Guarantee listed on page 2 of this agreement Client agrees to pay the dollar for dollar difference between this guarantee and the actualized program revenue.
The 29 Revenue Guarantee will be adjusted (up or down) proportional to the actual 30 tonnage of Recyclable Materials delivered to the MRF and Buy Back Center in 31 2011.
Any remaining balance in the Guarantee Revenue Reserve Account at the end of the Revenue Guarantee Term shall be applied by Project Co to redeem Participating Equity Certificates outstanding on the last day of the Revenue Guarantee Term.
The Minimum Revenue Guarantee listed on page 2 does not include service charges, tax, labor charges or other miscellaneous charges, unless otherwise indicated.
Commencing with the month immediately following the month in 19 which Contractor has paid the Authority the Revenue Guarantee, Contractor 20 will be entitled to retain twenty five percent (25%) of Revenue received 21 thereafter in that Rate Year, paying the Authority seventy five percent (75%) 22 of Revenue monthly.
The Revenue Guarantee will be 38 prorated one time, during Rate Year One (2011).
Upon approval of the MRG Contract, the CAO shall forward it to the County Budget and Fiscal Officer who shall, out of the funds deposited in the segregated account referenced in Paragraph 3 above, obligate an amount equal to the amount of the Minimum Revenue Guarantee set forth in the MRG Contract.
As an incentive to Contractor to maximize both the quantity and 8 quality of materials recovered and successfully marketed for recycling, 9 Contractor will be entitled to twenty five percent (25%) of the Revenue from 10 the sale of Recyclable Materials delivered to or recovered at the Shoreway 11 Center in excess of the Revenue Guarantee.
Subject to the adjustment described in subsection B.2 and the 24 proration described in subsection B.3, the Revenue Guarantee for Rate Year 25 One is Six Million Five Hundred Thousand Dollars ($6,500,000).
No subsequent adjustments to the 34 Revenue Guarantee will be made.