Shared Revenue Sample Clauses

Shared Revenue. 85/15 Split)
Sample 1Sample 2Sample 3
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Shared Revenue. 1. To be Utilized for Continuous Costs (85/15 split):  85% of continuous unrestricted state apportionment revenue allocated to the employee groups, 15% allocated to District operations.
Sample 1
Shared Revenue. When possible, Applicant shall enter into agreements with customer host-sites to provide demand charge savings and/or provide distribution services to applicable markets to maximize current and future revenue streams. Applicant will share revenue streams from wholesale market participation (i.e., NYISO) as a credit towards Con Edison’s Reservation Payment. The Shared Revenue split is 75% to Con Edison, 25% to the Applicant. Any Shared Revenue credit carried over after the conclusion of this Agreement is released to Applicant and should be shared with Customer. Revenues associated with Customer’s account (e.g., customer demand xxxx savings and ‘Value Stack” compensation) and any funds secured from NYSERDA’s (New York State Research and Development Authority) Energy Storage Market Acceleration Bridge Incentive are not subject to revenue sharing with Con Edison. At Con Edison’s request, Applicant shall provide all supporting information and data necessary to confirm participation of the Project in all available markets and revenue streams. Documentation may include written authorization from Applicant allowing NYISO to share data directly with Con Edison. At least annually, Applicant will provide to Con Edison a written plan for market participation and opportunities to maximize mutually beneficial revenue streams available to the Project.
Sample 1
Shared Revenue. LACMTA and City shall each receive its portion of the Shared Revenue from the TCN Program pursuant to the terms of this Agreement. The Net Revenue shall be collected by LACMTA in accordance with the terms of this Agreement, and LACMTA shall audit the Net Revenue received. LACMTA shall pay City’s portion of the Shared Revenue within sixty (60) days following verification of the accuracy of such funds by LACMTA, which shall not be unreasonably withheld, conditioned or delayed, as well as provide the City with supporting documentation of the paid Shared Revenue, to be used by City in accordance with the terms of this Agreement.
Sample 1
Shared Revenue. In addition to the Purchase Payment of Section 2.1, Assignee shall pay Assignor Shared Revenue of * percent (*%) (“Net Revenue Percentage”) of Net Revenue. Beginning with the first calendar quarter following the Effective Date of this Agreement, and continuing each quarter thereafter, Assignee shall provide Assignor with a statement, accompanied with reasonable sufficient supporting documentation for the defined revenue and expense calculations of Section 1.12, of the amount of Net Revenue received during the immediately preceding calendar quarter along with the Shared Revenue payment due, if any. Such statement and Shared Revenue payments shall be due within thirty (30) calendar days following the last day of each quarter. If Huawei * any of its * as set forth in Section *, then for each such *, the * will be reduced for * (or earlier if that particular * ends earlier (pursuant to particular provisions of Section *)) in the following fashion: if only * is currently in effect during any period, the * will be * at Year *, another * at Year *, and yet another * at Year *, the * will be reduced to *% from the beginning of year * to the beginning of year *; to *% between the start of Year * to Year *; *% between Year * and the start of Year *; back up to *% between the start of Year * and the start of Year * (because the next * is then the primary existing * after the previous * ends and therefore reduces the * by *% rather than the previous *%); increases to *% between the start of Year * and Year * (the final * now being primary), and thereafter back * to the *%.
Sample 1
Shared Revenue. Shared Revenue with respect to a calendar month that is calculated in accordance with this Supplemental Agreement shall equal the sum of:
Sample 1
Shared Revenue. (i) [**] Connetics shall determine and provide a detailed calculation of Net Product Revenues for the period January 1, 2006 through [**] no later than fifty (50) days after [**]. Connetics shall remit any amounts owed to Ventiv hereunder within ten (10) days of such determination.
Sample 1
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Shared Revenue. In any month during the term of this Agreement that IMX's Net Closed Loan Revenue exceeds ***, IMX will pay to LION 50% of all Net Closed Loan Revenue ("LION's Revenue Share" (subject to adjustment as provided in Section C. below)). "Net Closed Loan Revenue" means the transaction fees that IMX collects from Lender Subscribers in connection with the closing of loans by Lender Subscribers, less all portions of such fees that IMX is obligated to pay to third parties. LION shall not be entitled to collect LION's Revenue Share in any month for which IMX collects less than *** in Net Closed Loan Revenue. The collection by IMX of *** per month shall be deemed to be the "IMX Revenue Baseline".
Sample 1

Related to Shared Revenue

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

  • 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.

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

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Net Operating Income For any Real Estate and for a given period, an amount equal to the sum of (a) the rents, common area reimbursements, and service and other income for such Real Estate for such period received in the ordinary course of business from tenants or licensees in occupancy paying rent (excluding pre-paid rents and revenues and security deposits except to the extent applied in satisfaction of tenants’ or licensees’ obligations for rent and any non-recurring fees, charges or amounts including, without limitation, set-up fees and termination fees) minus (b) all expenses paid or accrued and related to the ownership, operation or maintenance of such Real Estate for such period, including, but not limited to, taxes, assessments and the like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses incurred in connection with such Real Estate, but specifically excluding general overhead expenses of REIT and its Subsidiaries, any property management fees and non recurring charges), minus (c) the greater of (i) actual property management expenses of such Real Estate, or (ii) an amount equal to three percent (3.0%) of the gross revenues from such Real Estate excluding straight line leveling adjustments required under GAAP and amortization of intangibles pursuant to FAS 141R, minus (d) all rents, common area reimbursements and other income for such Real Estate received from tenants or licensees in default of payment or other material obligations under their lease, or with respect to leases as to which the tenant or licensee or any guarantor thereunder is subject to any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, liquidation or similar debtor relief proceeding.

  • XXXXX CASH 25 CONTRACTOR is authorized to establish a xxxxx cash fund in an amount not 26 to exceed one thousand dollars ($1,000).

  • Approved Budget 3.1.2. Written detailed description of the Project;

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Net Cash Flow The term “Net Cash Flow” shall mean all cash and cash equivalents from all sources on hand as of the last day of the measurement period prior to any distributions to the Partners, and after the payment of all then due expenses of operating and managing the Restaurants, and after payment of all debts and liabilities and after any prepayments of any debts and liabilities that the General Partner, in its reasonable and good faith discretion, elects to cause to be made, and after the establishment of any reserves reasonably deemed necessary by the General Partner for (i) the repayment of any due debts or liabilities, including debts owed to the General Partner; (ii) the working capital requirements; (iii) capital improvements and replacement of furniture, fixtures or equipment; and (iv) any contingent or unforeseen liabilities. In determining Net Cash Flow of each Restaurant there shall be deducted the Supervision Fee and the Accounting Fee as provided in Section 4.7, the Advertising Payment and the Insurance Payment as provided in Section 4.8, and the OSRS Charges as provided in Section 4.2.

  • Gross Receipts The entire amount of all receipts, determined on a cash basis, from (a) tenant rentals collected pursuant to tenant leases of apartment units, for each month during the term hereof; provided that there shall be excluded from tenant rentals any tenant security deposits (except as provided below); (b) cleaning, tenant security and damage deposits forfeited by tenants in such period; (c) laundry and vending machines income; (d) any and all other receipts from the operation of the Project received and relating to the period in question; (e) proceeds from rental interruption insurance, but not any other insurance proceeds or proceeds from third-party damage claims, and (f) any other sums and charges collected in connection with termination of the tenant leases. Gross Receipts do not include the proceeds of (i) any sale, exchange, refinancing, condemnation, or other disposition of all or any part of the Project, (ii) any loans to Owner whether or not secured by all or any part of the Project, (iii) any capital expenditures or funds deposited to cover costs of operations made by Owner, and (iv) any insurance policy (other than rental interruption insurance or proceeds from third-party damage claims).

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