Revenue Benchmark definition

Revenue Benchmark shall have the meaning set forth in Section 2.02(c).
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Revenue Benchmark means the performance benchmark assigned to a certain District and based on that District's revenue.
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Revenue Benchmark means a calculated amount of intrastate revenues per access line. A separate revenue benchmark shall be established for residential service and for business service for each geographic area according to the following formulae:
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Examples of Revenue Benchmark in a sentence

  • The Revenue Benchmark will be $4,800,000 in Revenues from the Facilities for the Operating Year.

  • In any Operating Year, starting with the Operating Year commencing January 1, 2012, in which the Revenue Benchmark, as defined below, has been achieved, the Operator will be entitled to an Incentive Fee based on the achievement of certain qualitative targets, as described below.

  • The Revenue Benchmark figure will be established annually by the City as a part of the budget process for the applicable Operating Year.

  • The Revenue Benchmark will be ninety- five percent (95%) of the budgeted Revenues from the Facility for the Operating Year.

  • In any Operating Year in which the Revenue Benchmark, as defined below, has been achieved, the Operator will be entitled to an Incentive Fee based on the achievement of certain qualitative targets, as described below (the “Incentive Fee”).

  • At the end of the Earn-Out Period, Seller shall also be entitled to receive an additional Earn-Out Payment in the amount of Six Hundred Twenty Five Thousand Dollars ($625,000) for each previous Earn-Out Quarter for which no Earn-Out Payment was previously paid if the aggregate amount of Gross Revenue for the Earn-Out Period equals or exceeds the Revenue Benchmark.

  • In any Operating Year, starting with the Operating Year commencing January 1, 20122015, in which the Revenue Benchmark, as defined below, has been achieved, the Operator will be entitled to an Incentive Fee based on the achievement of certain qualitative targets, as described below.

  • If during the Tier Three Term, Gross Revenue is less than the Tier Three Revenue Benchmark, a percentage of the Tier Three Revenue Clawback Shares shall be released to the Beneficiaries, equal to the percentage by which the Gross Revenue during the Tier Three Term bears to the Tier Three Revenue Benchmark.

  • By way of example only, if the Closing occurs on January 31, 2018, then the factor described in clause (A) above shall be equal to 335/365 = 0.9178 and the Revenue Benchmark Amount threshold of $22,500,000 in Section 3.2(a) will instead be $20,650,500 (i.e., $22,500,000 x 0.9178).

  • In the event Operating Revenues do not exceed the Operating Revenue Benchmark, SMG will be eligible for up to 15% of the Maximum Incentive Fee based upon Operating Expense Savings for such fiscal year as follows: For every percentage point that Operating Expense Savings exceed the Operating Expense Benchmark, SMG will be eligible for a percentage point of Maximum Incentive Fee, up to and no greater than 15% of the Maximum Incentive Fee.