Total Revenue. Not permit Total Revenue as of the of last day of each Fiscal Quarter to be less than the amount set forth below for the period ending on such date: Year to Date Period Ending Minimum Total Revenue June 30, 2017 $18,319,002 September 30, 2017 $28,168,987 Trailing Twelve-Month Period Ending Minimum Total Revenue December 31, 2017 $39,542,625 March 31, 2018 $41,811,956 June 30, 2018 $44,332,178 September 30, 2018 $47,349,202 December 31, 2018 $50,830,431
Total Revenue. The sum of net interest income and total non-interest income (as reflected in year-end financial statements), disregarding, however, extraordinary items, as determined under GAAP, recognized in a period after the quarter ending December 31, 2007.
Total Revenue. 1. Total revenue of Borrower (including recurring and non-recurring revenue) (Total Revenue): $ __________
Total Revenue. Sussex shall calculate the Total Revenue portion of the Incentive Award as follows:
Total Revenue. 9.5% ----- 100.0% ===== 12.7% ----- 100.0% ===== 10.8% ----- 100.0% ===== The Company's business is seasonal with peak Loan originations occurring during February and March. However, this seasonality does not have a material impact on the Company's interim results. The Company is organized into four primary business segments: United States, United Kingdom, Automobile Leasing and Other. In early 2002, the Company stopped originating automobile leases and effective June 30, 2003 stopped originating Loans in the United Kingdom and Canada. The Company is in the process of liquidating these portfolios. For information regarding the Company's reportable segments, see Note 12 to the consolidated financial statements, which is incorporated herein by reference. OPERATIONS UNITED STATES Sales and Marketing. The Company's target market is a select group of the more than 75,000 independent and franchised automobile dealers in the United States. The Company's market development process identifies high quality dealers in each geographic market and limits the number of automobile dealers in each geographic market that can participate in the Company's program. The selective marketing of the Company's program is intended to: (i) result in a network consisting of the highest quality dealer-partners who share the Company's commitment to changing lives; and (ii) increase the value of the Company's program to the Company's dealer-partners. Dealer-partners pay a one-time enrollment fee of $9,850 to join the Company's program. In return, the Company provides the dealer-partner with sales promotion kits, signs, training and the first month's access to CAPS.
Total Revenue. Costs and expenses: 47 --- 100 --- 59 --- 100 --- 59 --- 100 --- Cost of license revenue.......................................................... 1 2 2 Cost of service revenue.......................................................... 18 25 25 Sales and marketing.............................................................. 39 45 41 Research and development......................................................... 12 15 16 General and administrative....................................................... 6 8 8 Amortization of goodwill and other intangible assets............................. 2 4 4 Acquisition and nonrecurring charges............................................. Total costs and expenses..................................................... Operating income (loss) 5 --- 83 --- 17 2 --- 101 --- (1) 4 --- 100 --- -- Interest income.................................................................. 1 1 1 Other expense, net............................................................... (1) -- (1) Write-down of investments........................................................ Income (loss) before income taxes................................................... -- --- 17 -- --- -- (1) --- (1) Provision (benefit) for income taxes............................................. Net income (loss)................................................................... Pro forma, excluding amortization of goodwill and intangible assets, acquisition and 6 --- 11% === -- --- --% === -- --- (1)% === nonrecurring charges and write-down of investments: Operating income.................................................................... 24% 6% 8% Net income.......................................................................... 17% 4% 6% Revenue Total Revenue Our revenue consists of software license revenue and service revenue. Overall, our total revenue increased 1% in 2001 compared to 2000 after a decrease of 12% in 2000 compared to 1999. Total revenue in 2001 and 2000 reflects an increase in our total Windchill-based solutions revenue and a decrease in our total design solutions revenue. Total revenue was adversely affected by increased weakness in the global manufacturing economy and the impact of the strong dollar overseas. We derived 56%, 59% and 56% of our total revenue from sales to international customers in 1999, 2000 and 2001, respectively. The decrease in international revenue as a percentage of overall revenue in 2001 is a result of increased revenue in t...
Total Revenue. This covenant shall only apply until Annualised Consolidated EBITDA (calculated by reference to the Quarterly Period ending on such Quarter Days) was not less than zero on two most recent previous consecutive Quarter Days in relation to which Quarterly Management Accounts have been delivered to the Agent under this Agreement.
Total Revenue. (b) For a 90% Operating Ratio, take Total Revenue times 0.1%.
Total Revenue. $75,909.00 (Note: TOTAL EXPENSES must equal TOTAL REVENUE)
Total Revenue. 26.3 ----- 100.0% ===== 24.0 ----- 100.0% ===== 24.3 ----- 100.0% ===== The Company's business is seasonal with peak Loan originations occurring during February and March. However, this seasonality does not have a material impact on the Company's interim results. OPERATIONS NORTH AMERICA AND UNITED KINGDOM Sales and Marketing. The Company's target market is a select group of the more than 90,000 independent and franchised automobile dealers in the United States, Canada, and the United Kingdom. The Company's market development process identifies high quality dealers in each geographic market and limits the number of automobile dealers in each geographic market that can participate in the Company's program. The selective marketing of the Company's program is intended to: (i) result in a network consisting of the highest quality dealer-partners who share the Company's commitment to changing lives; and (ii) increase the value of the Company's program to the Company's dealer-partners. Dealer-partners pay a one time enrollment fee to join the Company's program. A new dealer-partner is required to execute a Servicing Agreement, which defines the legal relationship between the Company and the dealer-partner. Under the typical Servicing Agreement, a dealer-partner represents that it will only submit Loans to Credit Acceptance which satisfy criteria established by the Company, meet certain conditions with respect to the binding nature and the status of the security interest in the purchased vehicle, and comply with applicable state, federal and foreign laws and regulations. Dealer-partners receive a monthly statement from the Company, summarizing all transactions on Loans originated by such dealer-partner. The typical Servicing Agreement may be terminated by the Company or by the dealer-partner upon written notice. The Company may terminate the Servicing Agreement immediately in the case of an event of default by the dealer-partner. Events of default include, among other things:
