Adjusted Net Revenue definition

Adjusted Net Revenue shall have the meaning set forth in Section 5.2 hereof.

Adjusted Net Revenue means Net Revenue, plus withdrawals from the Rate Stabilization Account and less deposits into the Rate Stabilization Account.

Adjusted Net Revenue means the sum of Borrower’s (a) revenue as regularly computed and reported to the Board, minus (b) cost-of-sales associated with Borrower’s Enterprise Managed Services, each determined according to GAAP.

Examples of Adjusted Net Revenue in a sentence

• Payment Services Other Adjusted Net Revenue is principally composed of revenue from fees for inactive accounts and unclaimed payments, interest revenue, revenue from overdrafts provided to agents, rent of space for kiosks, cash and settlement services and advertising related to the Payment Services Segment.

• Adjusted Net Revenue and Adjusted EBITDA are non-GAAP financial measures.

• The three main effects are figures relating to Adjusted Net Revenue (Net Revenue less Infrastructure Revenue, or Capex), Adjusted Operating Costs (same as the Revenue concept), and Adjusted EBITDA Margin (EBITDA divided by Adjusted Net Revenue).

• It differs from Other Adjusted Net Revenue presented earlier as certain items contributing to interest revenues and other revenues were transferred to Consumer Financial Services Segment or Corporate and other Category.

• The Adjusted Net Revenue in each calendar year will be at least equal to the Coverage Requirement.

More Definitions of Adjusted Net Revenue

Adjusted Net Revenue means Adjusted Gross Revenue less Maintenance and

Adjusted Net Revenue means Net Revenue for a period of any 12 consecutive months out of the 18 months (upon the maturity, redemption or defeasance of all of the 2010 Bonds and 2012 Bonds, this period shall be any 12 consecutive months out of the 24 months) immediately preceding the issue date of the proposed Future Parity Bonds for each calendar year after such issue date, for so long as any Parity Bonds, including the Future Parity Bonds proposed to be issued, remain outstanding, which Net Revenue calculation may be adjusted by the Independent Utility Consultant to take into consideration certain changes in Net Revenue estimated to occur under the certain conditions, as follows:

Adjusted Net Revenue means Net Revenue, adjusted by adding (a) any amount on deposit in the Principal and Interest Account of the Senior Bond Fund and the Parity Debt Service Account on the last business day prior to the commencement of that calendar year, or (b) for current year calculations, the amount on deposit in such accounts as of a date not more than 30 days prior to the date of calculation.

Adjusted Net Revenue means for Fiscal Year 2017, the Company’s GAAP revenue, as regularly computed by the Company in its sole discretion and reported to and approved by the Board of Directors, less the absolute value of provider cost associated with the Company’s managed services business, plus the absolute value of freelancer service fees cost-of-sales associated with the Company’s managed services business.

Adjusted Net Revenue has the meaning set forth in Section 2.7(b).

Adjusted Net Revenue means the total aggregate revenue received by Buyer from the Business (including but not limited to commissions, overrides, carrier bonuses, and marketing support payments) minus all corresponding payments to third parties related to the production of such revenue (including but not limited to down-stream commission payments to producers).

Adjusted Net Revenue means Adjusted Gross Revenue less