Commodity Revenue definition

Commodity Revenue means the average revenue, per ton of inbound material, from the sale of commodities produced at the materials recovery facility (“MRF”).
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Commodity Revenue means the amounts due Contractor from the sale of Recyclable Materials (prices based on terms being “freight on board” (FOB) SEC except for glass, in which case Commodity Revenue for glass will be based on the price received by Contractor for delivered material less cost of transport) and shall include monies received by Contractor from the State of California Department of Conservation (DOC) for California Redemption Value (CRV) materials.
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Commodity Revenue means the average revenue, per ton of inbound material, from the sale of commodities produced at the MRF over a six-month period.
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Examples of Commodity Revenue in a sentence

  • DCMRF will share the revenues received from such sales with the Customer (the “Recyclable Revenue Sharing”) in an amount equal to 80% of the Average Commodity Revenue (ACR), as described in Exhibit C, and 20% of the ACR will be retained by DCMRF.

  • Provide payment to the City in return for its Recycling Material net of Residue at a rate of 50% of the Average Commodity Revenue less the cost of disposal for Residue.

  • Average Commodity Revenue (ACR): The table below is an example of the ACR calculation per ton of delivered Recyclable Materials.

  • Average Commodity Revenue or ACR means the monthly net per ton revenue received by ▇▇▇ County from its contracted MRF operator, resulting from the sale of Recycling Materials, minus $10 per ton and expressed in dollars per ton.

  • Contractor shall guarantee an annual Commodity Revenue payment to the Authority of four million, seven hundred thousand dollars ($4,700,000) (“Commodity Revenue Guarantee”).

  • A daily accounting showing the following information for each sales transaction: 1569 • Date of sale; 1570 • Type of material sold and grade, if applicable; 1571 • Quantity of material sold; 1572 • Unit price; 1573 • Total Commodity Revenue due from sale; 1574 • Name and address of buyer/purchaser; and, 1575 • A copy of the sales invoice, sales contract, or other document evidencing 1576 transfer of title.

  • As an incentive to Contractor to maximize both the quantity and quality of materials recovered and successfully marketed for Recycling, Contractor will be entitled to retain ten percent (10%) of the Commodity Revenue each month, subject to the limitation of the Commodity Revenue guarantee in subsection B.

  • Based on the composition results of the material sort from Customers Recyclable Materials, DCMRF may revise the composition percentages used to calculate the Average Commodity Revenue (“ACR”) paid to the Customer.

  • Shortfall of Commodity Revenue Guarantee (Section 7.04.B); and/or, 1438 3.

  • If Commodity Revenue paid to the Authority is less than the Commodity Revenue Guarantee in any year, Contractor shall pay the Authority, the difference between the Commodity Revenue Guarantee and the Commodity Revenue actually earned and paid by Contractor to the Authority over the Rate Year.

Related to Commodity Revenue

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • Commodity option ’ means agreement or transaction subject to regulation under sec- tion 4c(b) of the Act;

  • Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodity customer means a person for which a commodity intermediary carries a commodity contract on its books.

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