Performance Revenues definition

Performance Revenues means the cumulative revenues of Company and its Subsidiaries, on a consolidated basis, determined in accordance with GAAP, relating to IT Services performed for any GE Equity Companies, plus 37.5% ---- of any such revenues of Company and its Subsidiaries which are generated by the Joint Venture relating to IT Services performed for any GE Equity Companies, in each case, within the three year period commencing on July 1, 1999 and ending on the date such Performance Revenues are to be measured in accordance with this Agreement.

Examples of Performance Revenues in a sentence

  • By way of further example, revenues generated in connection with the Additional Matched Results and Ad Text Units shall count towards Transaction Revenues and Performance Revenues (and payments shall be made accordingly) on the terms set forth in the Agreement.

Related to Performance Revenues

  • Operating Revenue means in any single fiscal year during the effective term of this Agreement, the total revenue generated by Party B in its daily operation of business of that year as recorded under the “Revenue of Principal Business” in the audited balance sheet prepared in accordance with the PRC accounting standards.

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel: