Examples of NRR in a sentence
Within 30 days after the close of each quarter, the Contractor may submit to the City invoices based on the accounting of the quarterly activity, including a comparison of Net Revenues Retained (NRR) and Retained Revenues Estimate (RRE) as defined in Exhibit B, Fees and Payment – and an invoice for the payment, if applicable.
Contractor shall pay to the City at the end of each Contract year 100% of the excess revenues (NRR minus the RRE).
No payment shall be made for any year in which the RRE is equal to or is less than the NRR within 60 days of the end of each Contract year.
GTT shall invoice Client via electronic delivery, and Client shall pay in advance on a monthly basis for all Services, the charges at the monthly recurring rate (“MRRs”) set forth in the SOF, any unpaid NRR charge, and all applicable excise, sales, use, VAT, customs and import taxes or other taxes, fees, surcharges, and/or recovery charges, however designated, imposed upon or authorized as a result of GTT’s sale of the Services (collectively, “Taxes”).
Provide NMAC with National Ready Reserve (NRR) resources as required.