PERCENTAGE OF REVENUE Sample Clauses

PERCENTAGE OF REVENUE. The achievement of Free Cash Flow as a percentage of Revenue (the “FCF %”) over the Performance Period will be given a 50% weighting in the determination of Actual Performance. The FCF % will be calculated on a cumulative basis over the Performance Period, by dividing Company’s total Free Cash Flow over the Performance Period by the Company’s total revenue over the Performance Period. The percentage of Restricted Stock that will vest based on FCF as % of Revenue is as follows: Threshold Target Maximum FCF % 7.0% 7.75% 9.0% Percentage of Restricted Stock that will vest 25% 100% 200% If the calculated FCF % falls between two percentage levels, the Actual Award will be interpolated accordingly, using the “percentrank” function within Excel. For example, if the calculated percentage is 8.375%, the associated award will be halfway between the target award and the maximum award for this performance goal. If the calculated FCF as % of Revenue falls below 7.0%, no percentage of the Restricted Stock will vest for this Performance Measure.
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PERCENTAGE OF REVENUE. The achievement of Free Cash Flow as a percentage of Revenue (the “FCF %”) over the Performance Period will be given a 50% weighting in the determination of Actual Performance. The FCF % will be calculated on a cumulative basis over the Performance Period, by dividing Company’s total Free Cash Flow over the Performance Period by the Company’s total revenue over the Performance Period. The percentage of Restricted Stock that will vest based on FCF as % of Revenue is as follows: Threshold Target Maximum FCF % Percentage of Restricted Stock that will vest 25% 100% 200%
Sample 1
PERCENTAGE OF REVENUE. Eliminate the percentage of the LESSE226; â € ™ the revenue that should be paid to the lesser. Þ~ This value must be written and therefore presented numerically together with the type of revenue (ie gross sales, etc.) which will be used for this calculation. (22) Expiration percentage for rent. Of course, it is expected that the percentage of profits from the on-site company that must be paid to be presented regularly. Select the box corresponding to the presentation period of this additional amount. For example, it can be presented à ¢   month ~, ~ ~ Ô Â Â Â Quarterly ~, ~ à ¢      or Annually. à ¢ â €  €. TARDE FEE (23) Penalty for late renting payment. There may be moments when the is not able to pay rent on the two-digit calendar day of the month that is due. If the rent remains unpaid for the number of days recorded in Article VII226; 128;s, a late tax may be levied. Indicate the maximum number of days days can go unpaid before a late fee is charged to the space available in the seventh article.
Sample 1
PERCENTAGE OF REVENUE. Buyer shall pay Seller the sum of 15% of any and all Third-Party Revenue actually received on or before December 31, 2027 by Buyer or its Affiliates and 1% of any and all Direct Revenue actually received on or before December 31, 2027 by Buyer or its Affiliates, up to a maximum combined cumulative aggregate earnout payment of $25,000,000. Seller shall have no entitlement to receive any earnout payments (a) other than as a percentage of Revenue, or (b) in respect of any Revenue to the extent any earnout payment in excess of a cumulative aggregate earnout payment of $25,000,000 would be indicated, or (c) in respect of any Revenue to the extent any Revenue actually received by Buyer or its Affiliates on or after January 1, 2028 would be indicated. Neither Buyer nor any of its Affiliates shall structure the consideration or compensation that it receives or is entitled to receive, in such a way as to avoid, reduce, or delay in an unreasonably contrived way any payment that would otherwise be due to Seller under the Asset Purchase Agreement.
Sample 1

Related to PERCENTAGE OF REVENUE

  • PERCENTAGE GOAL The goal for Historically Underutilized Business (HUB) participation in the work to be performed under this contract is 23.7 % of the contract amount.

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Gross Revenue 16.1.1 For the purposes of this PPP Agreement and its Schedules, Gross Revenue shall be defined as:

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Calendar Quarter January through March, April through June, July through September, or October through December.

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

  • Aggregate Net Assets For each Lifecycle Portfolio, Aggregate Net Assets include the net assets of all the JHF II Lifecycle Portfolios and the net assets of all the JHT Lifecycle Trusts. The JHT Lifecycle Trusts are: the Lifecycle 2010 Trust, Lifecycle 2015 Trust, Lifecycle 2020 Trust, Lifecycle 2025 Trust, Lifecycle 2030 Trust, Lifecycle 2035 Trust, Lifecycle 2040 Trust, Lifecycle 2045 Trust and Lifecycle 2050 Trust. Lifestyle Portfolios Rates Applied to Aggregate Net Assets of the Fund of Funds (1) Fund of Funds Affiliated Fund Assets Other Assets First $7.5 billion Excess Over $7.5 billion First $7.5 billion Excess Over $7.5 billion Each Lifestyle Portfolio 0.050% 0.040% 0.500% 0.490%

  • Gross Revenues All revenues, receipts, and income of any kind derived directly or indirectly by Lessee from or in connection with the Hotel (including rentals or other payments from tenants, lessees, licensees or concessionaires but not including their gross receipts) whether on a cash basis or credit, paid or collected, determined in accordance with generally accepted accounting principles, excluding, however: (i) funds furnished by Lessor, (ii) federal, state and municipal excise, sales, and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes and paid over to federal, state or municipal governments, (iii) the amount of all credits, rebates or refunds to customers, guests or patrons, and all service charges, finance charges, interest and discounts attributable to charge accounts and credit cards, to the extent the same are paid to Lessee by its customers, guests or patrons, or to the extent the same are paid for by Lessee to, or charged to Lessee by, credit card companies, (iv) gratuities or service charges actually paid to employees, (v) proceeds of insurance and condemnation, (vi) proceeds from sales other than sales in the ordinary course of business, (vii) all loan proceeds from financing or refinancings of the Hotel or interests therein or components thereof, (viii) judgments and awards, except any portion thereof arising from normal business operations of the Hotel, and (ix) items constituting “allowances” under the Uniform System.

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

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