Annual Net Revenue definition

Annual Net Revenue means Immunomedics’ total revenue determined for the fiscal year as determined by GAAP less (i) Consideration received upon Disposition of Undeveloped Assets, (ii) Product Royalties on Patented Products (as defined in Section 4.2(a)(ii)) and (iii) amounts recorded as revenue by Immunomedics during such fiscal year that are related to payments previously paid to Xx. Xxxxxxxxxx under Section 4.2(a)(i) in any prior period. Further, Annual Net Revenue shall not include (A) net sales of any Acquired Asset, (B) any amounts received as cost reimbursement payments, and (C) any revenue generated from interest or investment income of the Company.
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Annual Net Revenue means, as determined from the hospitals governing board’s approved audited financial statement for an annual time period, the hospital’s net patient services revenue; net patient services revenue does not include net operating revenue from other sources, such as medical office rental and cafeteria; annual net revenue is determined after deductions for:
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Annual Net Revenue means, at the end of a Fiscal Quarter, the product of ------------------ the most-recently-completed Fiscal Quarter Net Revenue times four. This amount shall be calculated at each Fiscal Quarter to determine the Discounts, MDF and Training required to be provided hereunder. Aprisma List Price shall mean the prices listed on the Aprisma Price List. ------------------ Aprisma Price List shall mean the price list supplied to Riverstone by Aprisma. ------------------ Custom Products shall mean anything developed and/or sold by Aprisma not listed ---------------- on the Aprisma Price List. Discount shall mean the discounts set out in Section 1 of this Exhibit. --------
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Examples of Annual Net Revenue in a sentence

  • Annual Net Revenue: The revenue the Association expects to retain monthly from the payments of a Customer’s bill calculated by subtracting the purchased power cost from the bill and adding the remainder for 12 consecutive months.

  • Within two and one half (2 1/2) months after the last day of each of its fiscal years, Immunomedics will provide Xx. Xxxxxxxxxx with a report that includes computation of Annual Net Revenue, of annual Product Royalties, of annual royalties on Patented Products, and Disposition Payments (if any) for the entire year and all amounts due with respect to that year (based on audited financials), as adjusted for the minimum payment provided to Xx. Xxxxxxxxxx pursuant to Section 4.2(b) above.

  • For any year in which the District has outstanding major and/or minor Capital Expenses and there is a positive Annual Net Revenue, not including a consideration for major and/or minor Capital Expenses, the City shall receive 25% of said Net Revenue, the District 25% of said Net Revenue, and 50% of the said Net Revenue shall be allocated to pay down the outstanding major and/or minor Capital Expenses until paid in full.

  • In the case of sole proprietor reporting formats, the “before tax” refers to owner federal income taxes resulting from Net Profit, rather than federal corporate income taxes.Return on Revenue: Net Profit divided by Annual Net Revenue, indicating the level of profit from each dollar of Revenue.

  • Total royalties payable on total Annual Net Revenues would be US$275,000 calculated as: (Annual Net Revenue in the United States (US$2,500,000) multiplied by the applicable royalty rate (10%)) plus (Annual Net Revenue in Mexico (US$500,000) multiplied by the reduced applicable royalty rate (5%) for such country).

  • The increase in the network rate is the direct result of the changes to the Annual Net Revenue Requirement (Line 148) as described above and an increase in the Zonal Peak Load (Line 149).

  • However, in no event will the Average Annual Net Revenue Schedule A Value be greater than the Maximum Average Annual Net Revenue Value, which equals the maximum Average Annual Net Revenue Incentive Payout Percentage set forth in Schedule A to this Agreement, times the Average Annual Net Revenue Target Value.

  • The aggregate Annual Net Revenue generated from the Tenant Leases transferred to Grantee as of the Closing Date shall be at least $68,375 as scheduled on Exhibit A.

  • Annual Net Revenue: The revenue the Association expects to retain monthly from the payments of a member’s bill calculated by subtracting the purchased power cost from the bill and adding the remainder for 12 consecutive months.

  • If the Annual Net Revenue at Closing is less than $68,375 then the Purchase Price shall be reduced by the amount the Annual Net Revenue at Closing is less than $68,375 multiplied by 11.70.


More Definitions of Annual Net Revenue

Annual Net Revenue means the aggregate Net Revenues for an entire calendar year (except that, with respect to the 2007 calendar year only, Annual Net Revenue shall be deemed to only refer to the portion of the calendar year beginning on the date of the Second Amendment to this Agreement and ending on December 31, 2007). Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Exchange Act; [*] denotes omissions.
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Annual Net Revenue means the aggregate Net Revenues for an entire calendar year (except that, with respect to the 2007 calendar year only, Annual Net Revenue shall be deemed to only refer to the portion of the calendar year beginning on the date of the Second Amendment to this Agreement and ending on December 31, 2007).
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Annual Net Revenue means all income actually received by Tenant in connection with the sale of advertising space on the Billboard (net of any commissions paid by Tenant to advertising agencies, not to exceed 16-2/3%). For the purposes hereof, any income described in this definition will not include the value of any in-kind usage of the Billboard by the City pursuant to Section 5.2.2.
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Annual Net Revenue means, for any given year, the total managed revenue net of interest expense of the Company or of a segment or other part of the Company, as the case may be, for such year, as reported by the Company.
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Annual Net Revenue has the meaning given in clause 5.4(a)(ii)(A).
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Related to Annual Net Revenue

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.