Aggregate Net Revenue definition
Aggregate Net Revenue means aggregate gross revenue actually received by FS or any of its affiliates in each calendar quarter (or any portion thereof) from the sale of products on the Sites, less the amount of sales, use or similar taxes, duties, net shipping, net handling and net insurance charges, and amounts related to credit card fraud, bad debt, credits for returned goods and rebates; provided and to the extent such items are actually incurred and documented and do not exceed reasonable and customary amounts. Notwithstanding the foregoing, FS shall pay directly to Onvia, guaranteed, non-refundable, non-creditable Revenue Share Fees equal to (a) [*] within fifteen (15) days following the later of (i) the launch of the Onvia Site and (ii) Onvia's funding of the convertible promissory note pursuant to Section 1.1(b), and (b) [*] on April 15, 2001 in lieu of the Revenue Share Fees for the calendar quarters ending March 31, 2001 and June 30, 2001, respectively.
Aggregate Net Revenue shall have the meaning set forth in the CAI Agreement and, in any event, shall include (i) any amounts payable by CAI to the Purchaser during any deferral period in accordance with the provisions of Section 2.03 of the CAI Agreement and (ii) any reversal of reserves for bad debts made by CAI to the extent that any charge for bad debt expense was included in the determination of "Operating Expenses Allocable to Owner's Container" (as defined in the CAI Agreement) in a prior Collection Period.
Aggregate Net Revenue means the aggregate of the Net Revenue for the Company and the Irish Company; “Control” means (1) the ownership of or the ability to direct (a) in the case of a corporation or body corporate (i) a majority of the issued shares entitled to vote for election of directors (or analogous persons) of such body corporate, (ii) the appointment or removal of directors having a majority of the voting rights exercisable at meetings of the board of directors (or analogous body or bodies, including, without limiting the generality of the foregoing, management boards and supervisory boards) of such body corporate on all or substantially all matters, or (iii) a majority of the voting rights exercisable at general meetings of the members of such body corporate on all, or substantially all, matters, or (b) in the case of any other person, a majority of the voting rights in such person; or (2) in the case of a corporation or body corporate or any other person, the direct or indirect possession of the power to direct or cause the direction of the management and policies of the same (whether through the ownership of voting securities, by contract or howsoever otherwise) and “Controlled” shall be construed accordingly; “Deferred Consideration Accounts” means the 2008 Accounts, the 2009 Accounts and the 2010 Accounts; “Exit Event” means any of the following events:
Examples of Aggregate Net Revenue in a sentence
Whilst services continue to be provided under the Transitional Service Agreement, the Seller shall (and shall procure that the Seller’s Group shall) take all steps to provide the necessary financial information to the Company so as to enable the Company to prepare and deliver the Deferred Consideration Accounts together with a determination from the Company of the amount of the Aggregate Net Revenue in accordance with this clause.
FS shall pay to Onvia, within twenty (20) days following ------------- the last day of each quarter, a quarterly fee ("Revenue Share Fees") in an amount equal to [*] multiplied by the Aggregate Net Revenue.
More Definitions of Aggregate Net Revenue
Aggregate Net Revenue means for any period of time, the sum of (i) Net Revenue,
Aggregate Net Revenue means the total revenue received by FAIRPOINT from its Customers or End Users pursuant to this Agreement less (a) all Unit Royalties paid or payable to ARTERA; (b) all Support Fees paid or payable to, or retained by, FAIRPOINT Customers; and (c) all taxes paid or payable by FAIRPOINT under Article 18 and not recovered by FAIRPOINT from the Customer or End User.