Deferred Revenue Adjustment definition

Deferred Revenue Adjustment means, as to any applicable period, an aggregate net amount determined by the Borrower in good faith equal to the difference between the amount of revenue recognized with respect to all contractual performance obligations and the amount of consideration received with respect to all contractual performance obligations. Upon the reasonable request of the Administrative Agent, the Borrower shall provide the Administrative Agent with supporting documentation for its calculation of the Deferred Revenue Adjustment.

Deferred Revenue Adjustment means the reduction in the amount of deferred revenue and customer deposits reflected on the Effective Date Balance Sheet resulting from fair valuing such deferred revenue and customer deposits under the purchase method of accounting for the Acquisition and (ii) "Deferred Directory Cost Adjustment" means the reduction in deferred directory costs reflected on the Effective Date Balance Sheet resulting from fair valuing such deferred directory costs under the purchase method of accounting for the Acquisition.

Deferred Revenue Adjustment means, for any period, the amount (which may be a negative number) by which the current and long-term portions of deferred revenue of the Borrower and its Restricted Subsidiaries as of the end of such period exceeds (or is less than) such deferred revenue of the Borrower and its Restricted Subsidiaries as of the beginning of such period, in each case as reflected on the consolidated cash flow statement of the Borrower; provided that the Deferred Revenue Adjustment for the fiscal quarter ended September 30, 2011 shall be such amount as reflected on the consolidated cash flow statement of the Borrower increased by $33,000,000.

Examples of Deferred Revenue Adjustment in a sentence

• Net Sales ($B)23.0 - 23.3*22.7 - 23.2RW Deferred Revenue Adjustment ($M)21Reflects a $12 million or $0.03 per share reduction in FAS/CAS Adjustment due to the annual update in Q3 2015 of our actuarial estimates for pension and other postretirement benefit plans.

• If Buyer gives notice of its objection to the Closing Date Balance Sheet or if Stockholder Agent gives notice of its objection to the computation of the Net Book Value Adjustment or Deferred Revenue Adjustment, and the Parties do not resolve their differences within 10 days after the notice is given, the issues in dispute will be immediately submitted to a big 5 accounting firm (other than PriceWaterhouseCoopers LLP or KPMG Peat Marwick) acceptable to Buyer and Company (the "ACCOUNTANTS") for resolution.

• Within 60 days after the Closing, Buyer will deliver to Stockholder Agent a computation of the Net Book Value Adjustment as of the Closing Date and the Deferred Revenue Adjustment.

• The aggregate consideration for the Acquired Assets (the “Purchase Price”) shall be (A) $6,780,062 (Six Million Seven Hundred Eighty Thousand Sixty-Two Dollars) (the “Cash Purchase Price”), plus (B) the Additional Cash Purchase Price, if applicable, plus (C) Buyer’s assumption of the Assumed Liabilities, minus (D) the Deferred Revenue Adjustment Amount.

• The Working Capital Adjustment Amount and the Deferred Revenue Adjustment Amount shall be determined as set forth in Section 1.4 below.

More Definitions of Deferred Revenue Adjustment

Deferred Revenue Adjustment means, with respect to the Merger or any Permitted Acquisition, the reduction in the deferred revenue reflected on the most recent balance sheet of, with respect to the Merger, Seller or, with respect to any Permitted Acquisition, the Person acquired resulting from fair valuing such deferred revenue under the purchase method of accounting for the Merger or such Permitted Acquisition.

Deferred Revenue Adjustment means an amount equal to 35% of the average Xxxxxx University month-end deferred revenue balance for the 12 month period ending on the most recent month-end prior to the Effective Date.

Deferred Revenue Adjustment means the reduction in the amount of $83,000,000 in deferred revenue and customer deposits reflected on the June 30, 2002, balance sheet of the Acquired Business referred to in Section 3.04(a) resulting from fair valuing such deferred revenue and customer deposits under the purchase method of accounting for the Acquisition and (ii) `Deferred Directory Cost Adjustment' means the reduction in the amount of $22,000,000 in deferred directory costs reflected on such June 30, 2002, balance sheet resulting from fair valuing such deferred directory costs under the purchase method of accounting for the Acquisition.

Deferred Revenue Adjustment shall have the meaning set forth in Section 2.7(d).

Deferred Revenue Adjustment is defined in Section 1.6.

Deferred Revenue Adjustment means, as to any applicable period, an aggregate net amount determined by the Borrower in good faith equal to the difference between the amount of revenue recognized with respect to

Deferred Revenue Adjustment means, for any period, the amount (which may be negative number) by which the current and long-term portions of deferred revenue of the Borrower and its Restricted Subsidiaries as of the end of such period exceeds (or is less than) such deferred revenue of the Borrower and its Restricted Subsidiaries as of the beginning of such period, in each case as reflected on the consolidated cash flow statement of the Borrower.