Pre-Closing Revenue definition

Pre-Closing Revenue has the meaning set forth in Section 2(d) below.
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Pre-Closing Revenue means the aggregate dollar amount of revenues (net of credits, discounts, refunds, rebates and returns) recognized by the Company, calculated in accordance with GAAP and the Company’s accounting principles. Within ten (10) Business Days following the Closing, the Company shall deliver to the Buyer a certificate certified by the President of the Company setting forth the calculation of the Maximum Contingent Payment Amount. If the Buyer objects to the calculation of the Maximum Contingent Payment Amount, the Buyer shall deliver to the Company within ten (10) Business Days following the Buyer’s receipt of the Company’s calculation of the Maximum Contingent Payment Amount a written notice setting forth in reasonable detail such objections (a “Maximum Contingent Payment Amount Objection Notice”), together with all supporting documentation.
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Pre-Closing Revenue means the US GAAP revenue generated by Legacy Xxxxx Xxxxx Products under the Capital One Services contract dated November 29, 2001, in the three month period beginning June 1, 2003, and ending August 31, 2003. For purposes of this Agreement, Pre-Closing Revenue is defined as $585,000.
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Examples of Pre-Closing Revenue in a sentence

  • As partial security against (i) termination of this Agreement by Buyer pursuant to Section 9.5 below, (ii) any indemnification claims by the Buyer pursuant to Section 6.7 of this Agreement, (iii) any Pre-Closing Revenue Deficiency, and/or (iv) any Post-Closing Revenue Deficiency, upon full execution hereof, Buyer shall deposit the Deposit Shares in an escrow account (the “Escrow Account”) to be established with Globex Transfer LLC (the “Escrow Agent”).

  • The Company has provided to Parent a good faith estimate of the aggregate amount of Company Pre-Closing Revenue as at the date of this Agreement and on or prior to the Closing Date the Company shall provide to Parent an updated good faith estimate of the aggregate amount of the Company Pre-Closing Revenue as at the Closing Date.

  • NMI shall prepare, in a manner consistent with GAAP, and deliver to Parent, at Closing, the First Earnout Period Pre-Closing Revenue Statement, which shall set forth a true and correct schedule setting forth, in reasonable detail, by product, the First Earnout Period Pre-Closing IoT Revenue and the First Earnout Period Pre-Closing Broadcast Revenue.

  • Within ninety (90) days following the Closing Date, Sellers shall prepare and deliver to Purchaser a statement setting forth Sellers’ calculation of Pre-Closing Revenue, together with such supporting evidence as is reasonably necessary to calculate such amount (the “ Pre-Closing Revenue Statement ”).

  • Xxxxxx Xxxx cannot be held liable for any portion of a determined Pre-Closing Revenue Deficiency or Post-Closing Revenue Deficiency.


More Definitions of Pre-Closing Revenue

Pre-Closing Revenue means that Gross Revenue of the Company arising from the boarding of Xxxxxx Xxx loans during the period commencing June 1, 2013, and ending as of the Effective Time; provided, however, that any Gross Revenue recognized but for which payment is not actually received by the Company, whether before or after the Effective Time, shall not be included in Pre-Closing Revenue.
Sample 1
Pre-Closing Revenue means the net revenue collected by Sellers (net of refunds, rebates and similar items) as determined in accordance with GAAP, whether collected by Sellers prior to Closing or within one hundred twenty (120) days following Closing, from any quality verification program services provided, or analytical chemistry and microbiology testing conducted, by Sellers during the period commencing January 1, 2017 and ending on the day immediately preceding the Closing Date, the orders for which originated through the Business’ Great Plains intake system.
Sample 1
Pre-Closing Revenue means £5,414,465
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Related to Pre-Closing Revenue

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • Recurring Revenue With respect to any Recurring Revenue Loan, the meaning of “Recurring Revenue” or any comparable definition in the related Underlying Instruments relating to recurring maintenance or support revenues, subscription revenues, and recurring revenues attributable to software licensed or sold (excluding one-time license revenues) in the Underlying Instruments for such Loan.

  • New M&O Revenue means, with respect to any school year, the total State and local Maintenance and Operations Revenue that the District received, after all adjustments have been made to such Maintenance and Operations Revenue in accordance with the provisions of the Applicable School Finance Law for such school year.

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Closing Cash means the amount of Cash determined as of the close of business on the Closing Date.

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Advertising Revenues means revenues derived from sales of advertising that are made available to Grantee’s Cable System subscribers within the Town and shall be allocated on a pro rata basis using total Cable Service subscribers reached by the advertising. Additionally, Grantee agrees that Gross Revenues subject to franchise fees shall include all commissions, rep fees, Affiliated Entity fees, or rebates paid to National Cable Communications (“NCC”) and Comcast Spotlight (“Spotlight”) or their successors associated with sales of advertising on the Cable System within the Town allocated according to this paragraph using total Cable Service subscribers reached by the advertising.

  • Pre-Closing Tax Periods means any and all Tax periods that end on or before the Closing Date and the portion of any Straddle Period ending at the end of day on which the Closing occurs.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Pre-Closing Taxes means Taxes of the Company for any Pre-Closing Tax Period.

  • Pre-Closing Periods means all Tax periods ending at or before the Closing Date and, with respect to any Tax period that includes but does not end at the Closing Date, the portion of such period that ends at and includes the Closing Date.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Closing Payment has the meaning set forth in Section 2.2(a).