Revenue Payment definition

Revenue Payment means a payment in discharge of revenue expenditure and is, therefore, a payment other than a capital payment or an extraordinary payment;

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Revenue Payment means for each Calendar Quarter occurring (in whole or in part) during the Revenue Payment Term, an amount payable to the Buyer equal to the product of (a) Net Sales during such Calendar Quarter (or, for any Calendar Quarter occurring in part during the Revenue Payment Term, Net Sales for the calendar days falling within the Revenue Payment Term during such Calendar Quarter) and (b) the Revenue Percentage.

Revenue Payment has the meaning set forth in Section 4.1(a).

Examples of Revenue Payment in a sentence

• The amount of each Revenue Payment (the “Revenue Payment Amount”) shall be calculated as of December 31 of the year in which the third anniversary of the first Service Commencement Date occurs, as of December 31 of every subsequent year during the Term, and as of the last day of the Term (each such date as of which the Revenue Payment is calculated is referred to in Exhibit 6 as a “calculation date”).

• Each band and its applicable Revenue Payment percentage are shown in Exhibit 6.

• If TxDOT does not agree with the calculation of the Revenue Payment after receipt of such clarification or amendment, or if Developer refuses to amend the final calculation, the Dispute shall be resolved according to the Dispute Resolution Procedures.

• The anticipated Utility Shared Revenue Payment amounts compare favorably to the current property tax revenues generated from the land used for the Project.

• For U.S. federal income tax purposes, the Revenue Payment is allocated between the right to toll the Toll Lanes and rent under the lease for Project Right of Way based on the relative fair market values of such rights as of the Effective Date, which are [●]% and [●]%, respectively.

More Definitions of Revenue Payment

Revenue Payment has the meaning set forth in Section 4.2(a). “Revenue Payment Amount” has the meaning set forth in Section 4.2.1.

Revenue Payment means an amount in cash equal to the product of (a) (i) the number of customers of the Business on the Closing Date determined by reference to the Revenue Statement multiplied by (ii) the average annual revenue per customer of the Business for the System, exclusive of Revenues from the sale or leasing of equipment by Seller, determined by reference to the Revenue Statement and (b) 1.66.

Revenue Payment means any payment prescribed by regulations made under section 77(1) to be a revenue payment for the purposes of section 9B;

Revenue Payment has the meaning ascribed to it in Section 10.6(a).

Revenue Payment means: (a) for each Calendar Quarter, an amount payable to the Buyer equal to the product of [***] (b) for each Calendar Quarter, an amount payable to the Buyer equal to the product of [***] (c) for each Calendar Quarter, an amount payable to the Buyer equal to the product of [***] (d) for each Calendar Quarter, an amount payable to the Buyer equal to the product of [***].

Revenue Payment means for each Calendar Quarter occurring (in whole or in part) during the Revenue Payment Term, an amount payable to the Buyer equal to the product of (a) Net Sales during such Calendar Quarter (or, for any Calendar Quarter occurring in part during the Revenue Payment Term, Net Sales for the calendar days falling within the Revenue Payment Term during such Calendar Quarter) and (b) the applicable Revenue Percentage; provided, for the avoidance of doubt, that if the Revenue Payment Term ends in accordance with clause (a) thereof, the aggregate Revenue Payments payable to the Buyer under this Agreement shall not exceed 1.65 times the Purchase Price and (b) if the Revenue Payment Term ends in accordance with clause (b) thereof, the aggregate Revenue Payments payable to the Buyer under this Agreement shall not exceed 2.0 times the Purchase Price.

Revenue Payment means for each Calendar Quarter occurring (in whole or in part) during the Revenue Payment Term, an amount payable to the Buyer equal to the sum of (a) the product of (i) Net Sales of Udenyca during such Calendar Quarter (or, for any Calendar Quarter occurring in part during the Revenue Payment Term, Net Sales for the calendar days falling within the Revenue Payment Term during such Calendar Quarter) and (ii) the applicable Revenue Percentage, and (b) the product of (i) Net Sales of Loqtorzi during such Calendar Quarter (or, for any Calendar Quarter occurring in part during the Revenue Payment Term, Net Sales for the calendar days falling within the Revenue Payment Term during such Calendar Quarter) and (ii) the applicable Revenue Percentage.