Annual Gross Revenue definition

Annual Gross Revenue means the Gross Revenue earned during the twelve months immediately before the date of the Damage.
Annual Gross Revenue means the gross revenue earned in the provision of an electronic communications service for the reporting year, received by, or due to a licensee and its affiliates, from whatever source derived before a deduction for an expense, discount, return or offset of any kind except domestic access and interconnection payments and taxes and charges collected for or on behalf of the Government of [ECTEL Contracting State];
Annual Gross Revenue means all revenue such as tuition, fees, and other charges derived by an institution, during its last fiscal year ending before the due date of an annual fee payment, from any source for any education, instruction, training, or any services incident thereto. “Annual gross revenue” does not include unearned tuition and refunds. An institution shall account for “annual gross revenue” in accordance with generally accepted accounting principles.

Examples of Annual Gross Revenue in a sentence

  • Annual Gross Revenue or Gross Revenue – shall have the meaning applied to such term in, and shall be construed in accordance with, the Exemption Law, specifically N.J.S.A. 40A:20- 3(a) and Section 6.07 hereof.

  • There is expressly excluded from calculation of Annual Gross Revenue and from Net Profit as set forth in N.J.S.A. 40A:20-3 for the purpose of determining compliance with N.J.S.A. 40A:20-15 or N.J.S.A. 40A:20-16, any gain realized by the Entity on the sale of all or a portion of the Project, whether or not taxable under Applicable Law.

  • In consideration of the Borough granting the Entity the exemption set forth in Section 4.1 hereof, during the Exemption Term, the Entity shall pay an Annual Service Charge equal to 10.5% of Annual Gross Revenue.

  • The Entity shall calculate the Annual Gross Revenue in accordance with the Exemption Law and this Agreement and the computation of Annual Gross Revenue shall be shown on the Entity's Annual Audit Statement.

  • A complete financial statement outlining the financial status of the Project, which shall also include a computation of Net Profit, Allowable Net Profit, and Annual Gross Revenue, prepared annually by the Entity’s certified public accountant.


More Definitions of Annual Gross Revenue

Annual Gross Revenue means the audited annual gross revenue of the preceding year earned by an operator, before any deduction for costs, taxation, accounting or other purposes;
Annual Gross Revenue means income or revenue from all sources, before any expenses or taxes, computed according to generally accepted accounting principles for the preceding fiscal year.
Annual Gross Revenue means the total annual gross rental and other income of a community urban redevelopment corporation from the project. If in any leasing, any real estate taxes or assessments on property included in the project, any premiums for fire or other insurance on or concerning property included in the project, or any operating or maintenance expenses ordinarily paid by a landlord are to be paid by the tenant, such payments shall be computed and deemed to be part of the rent and shall be included in the annual gross revenue. The financial agreement provided for in section 1728.07 of the Revised Code shall establish the method of computing such additional revenue, and may establish a method of arbitration where either the landlord or the tenant disputes the amount of such payments so included in the annual gross revenue.
Annual Gross Revenue means the total revenue derived by a Licensee from the services provided under its License during a License Year, excluding sales of customer premise equipment (CPEs), GST, and any other tax collected by the Licensee on behalf of the GOL as well as any fees collected by the Licensee on behalf of LTA..
Annual Gross Revenue means the gross revenue earned in the provision of electronic communication services for the reporting year, received by, or due to the licensee and its affiliates, from whatever source derived before any deductions for expenses, discounts, returns or offsets of any kind except domestic access and interconnection payments and taxes and charges collected for or on behalf of the Government of [ECTEL Contracting State];
Annual Gross Revenue means, for any accounting period, the total gross amounts, including cash or noncash contributions received by or on behalf of a charitable organi- zation from all sources, without subtracting any costs or expenses.
Annual Gross Revenue means the Gross Revenue during the twelve months immediately before the date of the Damage to which such adjustments shall be made as may be necessary to provide for the trend of the Business and for variations in or other circumstances affecting the Business either before or after the Damage or which would have affected the Business had the Damage not occurred, so that the figures thus adjusted shall represent as nearly as may be reasonably practicable the results which but for the Damage would have been obtained during the relative period after the Damage.