Target Revenues definition

Target Revenues means that portion of Acquiror’s consolidated revenues for the Earn-Out Period attributable to Target Products, including revenues generated by the licensing of any Target IP Rights contained in the Target Products.

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

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

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).

• Purchaser shall make reasonable efforts to refer potential business opportunities to Company in order to assist the Company’s reaching the Target Revenues for each of the Reviewed Periods.

• 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.

• The Performance Incentive Adjustment will be determined annually based on the PIM Provision transmittal and, after review and subject to explicit approval by the Commission, will become effective on June 1 of the year following the Evaluation Period, concurrent and in conjunction with determination of Target Revenues and the RBA Rate Adjustment in accordance with the RBA Provision.

• 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.

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 the product of the total expected capacity sales and the allowed transmission tariffs and the sum of expected other charges that a transmission system operator functioning under a price cap regime is entitled to charge for the provision of all the regulated services within a given time period under a price cap regime.

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

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

Target Revenues means $13,000,000.

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

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