Deferred Revenue definition

Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

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Deferred Revenue is all amounts received in advance of performance under contracts and not yet recognized as revenue.

Deferred Revenue means, at any date, the amount set forth opposite the caption “deferred revenue” (or any like caption or included in any other caption, including current and non-current designations) on a consolidated balance sheet at such date; provided that such balance should be determined excluding the effects of acquisition method accounting.

Examples of Deferred Revenue in a sentence

• Each Deferred Revenue Accrual is as reflected in the Books and Records and has been accrued in accordance with GAAP, consistently applied, and each arose in the Ordinary Course of Business.

• As of the date of this Agreement and the Closing Date, the Deferred Revenue Liability amount reflects the full amount of all deferred revenues allocated to each Seller’s Franchise Agreements.

• A ratio of Quick Assets to Current Liabilities minus Deferred Revenue of at least 1.0 to 1.0.

• At Closing, Seller will provide Buyer with a true and correct listing of the Deferred Revenue and the Customers to which the deferred revenue relates as of the Closing Date.

• Maintain at all times, tested as of the last day of each month, a ratio of (a) Quick Assets to (b) the sum of (i) Current Liabilities minus (ii) the current portion of Deferred Revenue, of at least 1.15 to 1.0.

More Definitions of Deferred Revenue

Deferred Revenue means the amount of long or short term deferred revenue of Holdings and its Restricted Subsidiaries, on a consolidated basis, determined in accordance with GAAP.

Deferred Revenue means, at any date, the amount of cash and Cash Equivalents received in advance of revenue recognition that would, in conformity with GAAP, be set forth opposite the caption “deferred revenue” (or any like caption, including current and non-current designations) on a consolidated balance sheet at such date; provided that such balance should be determined excluding the effects of acquisition method accounting.

Deferred Revenue all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue on the Group Members’ consolidated financial statements in accordance with GAAP.

Deferred Revenue means, deferred revenue determined in accordance with GAAP.

Deferred Revenue means, at any date for any Person, amounts appearing as a liability on the financial statements of such Person and its Subsidiaries as prepared according to GAAP classified as deferred revenue to the extent of cash received in connection therewith.

Deferred Revenue means, as of any time of determination, an amount equal to (i) the aggregate amount of deferred revenue (as determined in accordance with GAAP) of the Business, less (ii) any deferred costs and applicable expenses paid by Seller prior to the time of determination in respect of such deferred revenue.

Deferred Revenue means all subscription revenue billed to Subscribers with respect to billing periods in excess of one month in the Ordinary Course of Business and consistent with Seller’s past practices of determining deferred revenue for its audited financial statements, whether collected in cash or still remaining as an Accounts Receivable, for which Seller remains obligated to provide service.