Target Revenue definition
Target Revenue means the sum of expected transmission services revenue calculated in accordance with the principles set out in Article 15(1) and expected non-transmission services revenue for the provision of services by the transmission system operator for a specific time period within a given regulatory period under a price cap regime;
Target Revenue means $475 million; provided that, in the event that, after June 19, 2018, any member of the Newmark Group shall invest in or acquire the business of any Person (other than any member of the Newmark Group), including, without limitation, by merger, consolidation, business combination, share exchange or other similar transaction, then the Target Revenue shall be increased by an amount equal to the aggregate consolidated revenue of such Person and its Subsidiaries for the most recent three-month complete fiscal period ending prior to the date of such investment or acquisition (it being understood that such adjustment shall be also made for any subsequent investments or acquisitions by members of the Newmark Group, including, without limitation, by merger, consolidation, business combination, share exchange or other similar transaction).
Target Revenue means the sum of expected transmission services revenue calculated in accordance with the principles set out in Article 13(1) of Regulation (EC) No 715/2009 and expected non-transmis- sion services revenue for the provision of services by the transmission system operator for a specific time period within a given regulatory period under a price cap regime;
Examples of Target Revenue in a sentence
If the Target Revenue for either of the Third Milestone or the Fourth Milestone is not achieved by the applicable Milestone Expiration Date, then Parent shall conduct a one-time lookback no later than ninety (90) days after December 31, 2030 to determine if any Target Revenue Excess Amount exists.
To the extent that there is any Target Revenue Excess Amount, the Target Revenue Excess Amount shall be added retroactively to the Gross Revenues calculated for the calendar year 2029.
If after adding any Target Revenue Excess Amount to the previously calculated Gross Revenue for the calendar year 2029 the adjusted Gross Revenue entitles the Holders to an incremental Milestone Payment Amount in accordance with Schedule A, then such incremental Milestone Payment Amount shall be paid concurrently with the Fifth Milestone Payment.
More Definitions of Target Revenue
Target Revenue means the sum of expected transmission services revenue calculated in accordance with the principles set out in Article 13(1) of Regulation (EC) No 715/2009 and expected dedicated services revenue for services that a transmission system operator provides within a given time period under a price cap regime;
Target Revenue means the sum of expected transmission service revenue calculated in accordance with the principles set out in Article 17(1) and expected
Target Revenue means the revenue to be generated from the sales (or forecast sales) of the Transportation Services over the Access Arrangement Period.
Target Revenue means an amount of Annual Revenue with respect to the 2021 calendar year to be mutually agreed upon by the Parties in good faith before the first to occur of (a) thirty (30) calendar days following the Deferred Capex Letter Agreement or (b) the Closing Date. The 2021 Target Revenue will be comparable to the target revenue for the 2021 calendar year set forth in the MTP (as agreed by the Parties) in schedule 1 to the Deferred Capex Letter Agreement;
Target Revenue means an amount equal to (i) $60,000,000 with respect to the Fiscal Year ending December 31, 1998, (ii) $110,000,000 with respect to the Fiscal Year ending December 31, 1999, (iii) $215,000,000 with respect to Fiscal Year ending December 31, 2000 and (iv) $300,000,000 with respect to Fiscal Year ending December 31, 2001.
Target Revenue means, for each Measurement Period, $25,000,000; provided that, in the event that Purchaser or any of its consolidated Subsidiaries sells or disposes of, whether in one or more transactions, directly or indirectly (whether as a result of a sale, offering, spin-off, split-off or otherwise), any assets that produce Business Revenue, then the Target Revenue shall be reduced by an amount equal to the product of (A) the lesser of (x) two (2) times the Target Revenue Fraction or (y) ninety-nine percent (99%) multiplied by (B) the Target Revenue in effect prior to such sale or disposition.
Target Revenue means the annual revenue stream, required to achieve the Target IRR by the end of the Recovery Period, as may be recalculated upon an Expansion pursuant to Clause 3.3.3.