Revenue Multiple definition

Revenue Multiple means a multiple based on Revenue Growth as depicted in Table 1 below for all calculations with respect to the Put Value for Put Notices or Call Notices, as applicable, delivered in 2022 and 2023, and thereafter as depicted in Table 2 below. For purposes of illustration, if Revenue Growth is 15%, then the Revenue Multiple shall be 2.5x. Revenue Growth less than 10% 2.0x 9.0x Revenue Growth equal to or greater than 10% but less than 20% 2.5x 10.0x Revenue Growth equal to or greater than 20% 3.0x 11.0x Revenue Growth less than 10% 2.0x 9.0x Revenue Growth equal to or greater than 10% but less than 18% 2.5x 10.0x Revenue Growth equal to or greater than 18% 3.0x 11.0x

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Revenue Multiple means a multiple based on Revenue Growth as depicted in Table 1 below for all calculations with respect to the Put Value for Put Notices or Call Notices, as applicable, delivered in 2022 and 2023, and thereafter as depicted in Table 2 below. For purposes of illustration, if Revenue Growth is 15%, then the Revenue Multiple shall be 2.5x.

Revenue Multiple means as of any date of determination, (a) from the Closing Date to the date on which a Qualified Equity Issuance first occurs after the Closing Date, 1.84 and (b) following a Qualified Equity Issuance, the quotient (expressed as a ratio) of (i)(A) the implied total equity value of Parent calculated as the average price per share for the most recent Qualified Equity Issuance multiplied by the total number of shares of Parent then outstanding, plus (B) Funded Indebtedness then outstanding, less (C) unrestricted cash and Cash Equivalents of Parent and its Subsidiaries, less (D) minority interest in Parent's Subsidiaries, divided by (ii) Pro Forma Consolidated Revenues for the most-recently ended twelve-month period for which financial statements have been delivered pursuant to Section 8.8. ​ ​ ​

Examples of Revenue Multiple in a sentence

• The “Put Value” shall mean, as of the Put Notice Date, the greatest of (a) the Revenue Multiple multiplied by Revenue for the prior calendar year, (b) the EBITDA Multiple multiplied by EBITDA, and (c) the Recent Financing Equity Value.

• If the LLL IPO has not occurred six months after the Effective Date, the LLL Shares that PPP may purchase pursuant to this Section 3.3(b) shall be reduced by the percentage decline in annualized revenues described in the previous sentence or, if PPP elects not to purchase shares of LLL common stock pursuant to this Section 3.3(b), the LLL Capital Contribution shall be reduced by the amount of such decline in annualized revenues multiplied by the Customer Revenue Multiple and then multiplied by 51%.

• The Revenue Multiple in the first month of the second 12-month period shall be equal to [*] ([*]) and shall be increased each month by [*] until it reaches [*] ([*]).

• If the TI IPO has not occurred six months after the Effective Date, the TI Shares that IDT may purchase pursuant to this Section 3.3(b) shall be reduced by the percentage decline in annualized revenues described in the previous sentence or, if IDT elects not to purchase shares of TI common stock pursuant to this Section 3.3(b), the TI Capital Contribution shall be reduced by the amount of such decline in annualized revenues multiplied by the Customer Revenue Multiple and then multiplied by 51%.

• Advanced reports include those for:  Call Statistics (and Revenue): Multiple reports that provide statistical (count) and revenue information related to all or specified types of inmate calls.

More Definitions of Revenue Multiple

Revenue Multiple shall equal [*] ([*]), if the Buyout Date is on or after [*] and before [*]; or [*] ([*]), if the Buyout Date is on or after [*] and before [*]; or [*] ([*]), if the Buyout Date is on or after [*] and before [*]; or [*] ([*]), if the Buyout Date is on or after [*].

Revenue Multiple means, for each such contract, the amount set forth with respect to such contract in Schedule 2.03(a) multiplied by 3.6; provided, however, that if the 1999 revenue of the Business set forth in the audited financial statements of the Business is less than $214,000,000, the Revenue Multiple shall be equal to the amount set forth on Schedule 2.03(a) multiplied by the quotient of 775,000,000 divided by the 1999 revenue of the Business set forth in the audited financial statements, rounded to the nearest tenth (such multiplier being referred to as the "ADJUSTED MULTIPLIER"). The Purchase Price shall be subject to adjustment after the Closing as set forth in Section 2.06 hereof. The Purchase Price shall also be adjusted downward at Closing in an amount equal to the Retention Bonus Amount determined pursuant to Section 6.08 hereof.

Revenue Multiple means a multiple based on Revenue Growth as depicted in Table 1 below for all calculations with respect to the Put Value for Put Notices or Call Notices, as applicable, delivered in 2022 and 2023, and thereafter as depicted in Table 2 below. For purposes of illustration, if Revenue Growth is 15%, then the Revenue Multiple shall be 2.5x. Revenue Multiple EBITDA Multiple Revenue Growth less than 10% 2.0x 9.0x Revenue Growth equal to or greater than 10% but less than 20% 2.5x 10.0x Revenue Growth equal to or greater than 20% 3.0x 11.0x Revenue Multiple EBITDA Multiple Revenue Growth less than 10% 2.0x 9.0x Revenue Growth equal to or greater than 10% but less than 18% 2.5x 10.0x Revenue Growth equal to or greater than 18% 3.0x 11.0x

Revenue Multiple means the number set forth under the column entitled Multiple for the applicable Revenue Margin set forth in the left column below: REVENUE MARGIN MULTIPLE -------------- -------- Less than 110% 0 Greater than or equal to 110% and less 1 than 120% Greater than or equal to 120% and less 2 than 130% Greater than or equal to 130% and less 3 than 140% Greater than or equal to 140% and less 4 than 150% Greater than or equal to 150% 5 For example, if the Revenue Margin equals 147%, then the Revenue Multiple is 4.

Revenue Multiple means 2.0.

Revenue Multiple means, for each such Contract, the amount set forth with respect to such Contract in Schedule 6.03(a) multiplied by 3.6; provided, however, that if the 1999 revenue of the Business set forth in the audited financial statements of the Business is less than $214,000,000, the Revenue Multiple shall be equal to the amount set forth on Schedule 6.03(a) multiplied by the quotient of 775,000,000 divided by the 1999 revenue of the Business set forth in the audited financial statements, rounded to the nearest tenth.

Revenue Multiple means a multiplier equal to 1.0.