Annualized Gross Revenues definition

Annualized Gross Revenues means (A) the aggregate investment advisory ------------------------- and broker-dealer fees from the Transferred Clients for the calendar quarter ending on the last day of the month immediately preceding the month in which the applicable measurement date occurs as determined on the accrual basis in accordance with GAAP, (B) multiplied by four (4). ---------- "Best Knowledge," "Knowledge" or words to that effect shall mean, as to -------------- --------- any Person, to the best knowledge of such Person after due inquiry and investigation.
Sample 1
Annualized Gross Revenues means an amount determined by multiplying (i) the Monthly Gross Revenues on all contracts for Circuits or Services in effect as of the last day of the applicable Measurement Month, less any revenues from Excluded Circuits for such Measurement Month by (ii) twelve (12).
Sample 1

Examples of Annualized Gross Revenues in a sentence

  • Annualized Gross Revenues shall be determined by dividing (i) the System's actual gross revenues from January 1, 1996 through the earlier to occur of the last day of the month prior to the month in which the Closing Date occurs or December 31, 1996, by (ii) the factor set forth in Exhibit 3.3(a) determined with reference to the last day for which actual revenues are utilized for computation.

  • Annualized Gross Revenues shall mean the gross revenues of the Company less reimbursable expenses charged by the Company as reflected on the Company's unaudited statement of income for the six-month period ending the day preceding the Exercise Price Determination Date, multiplied by two (2).

  • The Exercise Price per Share shall be the greater of (i) $1.00 or (ii) ninety percent (90%) of (a) Annualized Gross Revenues (as defined herein) divided by (b) the number of shares of the Company's voting stock outstanding on the day preceding the Exercise Price Determination Date.

  • By way of example, if the Closing Date were to occur October 31, 1996, Annualized Gross Revenues would be determined by dividing (i) the System's gross revenues from January 31, 1996 through September 30, 1996 by (ii) .7399.

  • Please call your primary care provider if you are ill and need immediate care or the Uf Student Health Care Center at 352-3y2-1151 (or email covid@shcc.ufl.edu) to be evaluated for testing and to receive further instructions about returning to campus.

  • The number of Clients and the Annualized Gross Revenues of Clients -------- for which Confirming Consents have been obtained by the First Closing Date shall be at least 95% of each of the total number of the Sellers' Clients and Annualized Gross Revenues determined in accordance with Section 2.6(a), respectively.

  • The Revenue Adjustment shall be an amount equal to 4.62 multiplied by the amount, if any, by which the System's Annualized Gross Revenues as of the Closing Date are less than $7,800,000 and shall be made in accordance with generally accepted accounting principles applied on a consistent basis.

  • If the aggregate number of Equivalent Basic Subscribers of the System is less than 16,700 as of the Closing Date but the System's Annualized Gross Revenues as of the Closing Date exceed $7,800,000, Seller shall be entitled to offset, dollar for dollar, the Subscriber Adjustment Amount by the amount of the revenue overage based on the same adjustment factors.

  • The System's Annualized Gross Revenues shall be an amount equal to the System's aggregate gross revenues for the three full calendar months prior to the Closing Date (the "Revenue Measurement Period") multiplied by four.

  • The number of ------------------------------------- Clients and the Annualized Gross Revenues of Clients for which Confirming Consents have been obtained by the Closing Date shall be at least 95% of each of the total number of the Company's Clients and Annualized Gross Revenues determined in accordance with Section 2.6(a) respectively.

Related to Annualized Gross Revenues

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Gross Revenue means:

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Annualized Operating Cash Flow means, for any fiscal quarter, the Operating Cash Flow for such fiscal quarter multiplied by four.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Net Revenues means the difference between:

  • Annualized Interest Expense means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share of interest expense, with other adjustments as are necessary to exclude the effect of items classified as extraordinary items, in accordance with generally accepted accounting principles, reduced by amortization of debt issuance costs and adjusted to reflect the assumption that (i) any interest expense related to indebtedness incurred since the first day of such four-quarter period is computed as if such indebtedness had been incurred as of the beginning of such period, and (ii) any interest expense related to indebtedness that was repaid or retired since the first day of such four-quarter period is computed as if such indebtedness had been repaid or retired as of the beginning of such period (except that, in making such computation, the amount of interest expense related to indebtedness under any revolving credit facility shall be computed based upon the average daily balance of such indebtedness during such four-quarter period).

  • Gross Income from Operations means all sustainable income as reported on the financial statements delivered by the Borrower in accordance with this Agreement, computed in accordance with accounting principles reasonably acceptable to Lender, consistently applied, derived from the ownership and operation of the Property from whatever source, INCLUDING, but not limited to, (i) Rents from Tenants that are in occupancy, open for business and paying unabated Rent, (ii) utility charges, (iii) escalations, (iv) intentionally omitted; (v) service fees or charges, (vi) license fees, (vii) parking fees, and (viii) other required pass-throughs but EXCLUDING (i) Rents from Tenants that are subject to any bankruptcy proceeding (unless such Tenant has affirmed its Lease or Inland Western Retail Real Estate Trust, Inc. has master leased such Tenant's premises for full contract rent for a period not less than three years, and the net worth of Inland Western Retail Real Estate Trust, Inc. (as determined by Lender) is not less than such entity's net worth as of September 30, 2003), or are not in occupancy, open for business or paying unabated Rent, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds. Gross income shall not be diminished as a result of the Mortgage or the creation of any intervening estate or interest in the Property or any part thereof.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • System Revenues means all rates, rents, fees, charges,

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Gross Profits means the gross profits calculated under section 4;

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.