Net Revenues definition

Net Revenues means revenues less related expenses, including

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Net Revenues means the difference between: (A) the sum of revenues from all sources related to operations and net non-operating income; and (B) the sum of all expenses related to operations including administration, adequate maintenance, taxes and payments in lieu of taxes, but excluding provision for depreciation, other non-cash operating charges and interest and other charges on debt.

Net Revenues means revenues less related expenses, including applicable taxes, as determined by the board.

Examples of Net Revenues in a sentence

The Target Award Number for each Tranche will be adjusted upward or downward following the end of the Performance Period on the Determination Date, depending on whether, and the extent to which, the Cumulative EPS Target and the Net Revenues Target, as applicable, have been met.
Performance criteria for Tranche A are based on Cumulative EPS and performance criteria for Tranche B are based on Net Revenues, in each case as set forth in Exhibit A.
If Net Revenues Threshold Performance is achieved, 50% of the Target Number for Tranche B will become vested.
If Net Revenues Maximum Performance (or greater) is achieved, 200% of the Target Number for Tranche B will become vested.
If Net Revenues Threshold Performance is not achieved, 0% of the Target Number for Tranche B will become vested.

More Definitions of Net Revenues

Net Revenues means the revenues of a public improvement remaining after deducting the reasonable expenses of administration, operation, and maintenance of the public improvement.

Net Revenues means gross revenues less operating expenses.

Net Revenues means the difference between: (A) the sum of revenues from all sources related to operations adjusted to take account of the Borrower’s rates in effect at the time of the incurrence of debt even though they were not in effect during the twelve (12) month period to which such revenues relate and net non- operating income; and (B) the sum of all expenses related to operations including administration, adequate maintenance, taxes and payments in lieu of taxes, but excluding provision for depreciation, other non-cash operating charges and interest and other charges on debt.

Net Revenues means Gross Revenues less Operating Expenses.

Net Revenues means the Gross Earnings of the System after deduction of Current Expenses;

Net Revenues means, for any Fiscal Year, all Revenues received by the Recipient less the Operations and Maintenance Costs for such Fiscal Year.

Net Revenues means, for any period, an amount equal to all of the Gross Revenues received during such period minus the amount required to pay all Operation and Maintenance Costs becoming payable during such period.