Target Revenues definition

Target Revenues means that portion of Acquiror’s consolidated revenues for the applicable Target Earn-Out Period attributable to Target Products.

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Target Revenues means for any period the amount set forth for such period in EXHIBIT F attached hereto.

Target Revenues means $13,000,000.

Examples of Target Revenues in a sentence

• Any party may terminate this Agreement on sixty (60) days prior written notice if SSG’s gross revenues from the sale or other distribution of MacGregor-branded Products for any Royalty Year beginning with the Royalty Year ending July 31, 2005 are less than the Target Revenues (as defined below).

• By way of example but not limitation, if Audio Conferencing Business Revenues earned by Purchaser are 10% percent less than the Target Revenues, then Purchaser shall be entitled to receive back 50% of the Escrow Shares.

• However, if the Audio Conferencing Business Revenues earned by Purchaser during the Measurement Year as certified by Purchaser's auditors are less than the Target Revenues, then Purchaser shall be entitled to a return of five percentage points (5%) of the Escrow Shares for each one percentage point (1%) that actual revenues earned by Purchaser are less than the Target Revenues.

• If the Audio Conferencing Business Revenues determined to have been earned by Purchaser during the twelve (12) month period beginning with the first day of the first full month after Closing Date (the "Measurement Year") equals or exceeds the audited Audio Conferencing Revenues of Seller during the Valuation Period (the "Target Revenues") (i.e., estimated to be $4.8 Million), then all of the Escrow Shares then being held in Escrow shall be released to Seller without further claim by Purchaser.

• For the Royalty Year ended July 31, 2005, "Target Revenues" shall be $8,250,000.

More Definitions of Target Revenues

Target Revenues for any fiscal year means the amount identified as Total Revenue (or similar term) in the Business Plan for such fiscal year.

Target Revenues means, collectively, the Initial Target Revenue, the Second Target Revenue and the Final Target Revenue.

Target Revenues shall have the meaning provided in Section 3.7(b) of this Agreement.

Target Revenues means the 2020 Target Revenue, the 2021 Target Revenue and the 2022 Target Revenue; Tax means any direct or indirect taxes and social security charges, in each case, including applicable interest and penalties, which any of the Group Companies is required to pay, withhold or collect, including any income taxes, capital gains taxes, real property taxes, stamp duties, V.A.T., excise taxes, employee withholding taxes and social security; Tax Return means all tax returns, declarations, statements, reports, schedules, tax slips, forms and information returns and any amended tax return related to Taxes filed or required to be filed in any jurisdiction; Tax Savings has the meaning set out in Clause 9.8.3; Tax Warranties means the Sellers’ Representations and Warranties set out in title 11 of Schedule 2;

Target Revenues means collectively the Year One Target Revenues and the Year Two Target Revenues.

Target Revenues shall have the meaning set forth in Section 1.6(b).

Target Revenues has the meaning set forth in Section 1.3(b).