Revenue Factor definition

Revenue Factor means a gross-up for the associated revenue taxes, uncollectibles, BPU assessment, and Division of Rate Counsel assessment, adjusted to properly reflect the revenue required to generate the agreed upon rate of return.

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Revenue Factor shall be equal to 50% of the difference between New Fund Revenue and Current Fund Revenue Basis Points, calculated as hereinafter set out.

Examples of Revenue Factor in a sentence

The applicable Revenue Factor for these interim calculations shall be based on the difference between Fund Revenue effective on the applicable 12/31-calendar year-end and the Fund Revenue effective on the preceding 12/31 -calendar year-end.
The Revenue Factor can be negative if New Fund Revenue is less than Current Fund Revenue.
In addition to the five-year re-determinations required by this Schedule 3.2, for tracking and budgetary purposes of the Selling Companies, the respective Revenue Factor for each of TLAC and the Substitute Company will be calculated on an annual year-end basis.
Each Scheduled Airline shall receive a credit against its rental payments for the Terminal Building, Concourses and any Airline Constructed Space equal to its Terminal and Concourse Revenue Factor.
TLAC and the Substitute Company shall, upon reasonable notice, allow Distributor the opportunity to review all relevant documentation used by TLAC or the Substitute Company to allow the Selling Companies to authenticate the basis for any calculation (including any interim calculation) of any Revenue Factor, including the component parts of the formula.
Upon recalculation of the Revenue Factor, the New Fund Revenue shall become the Current Fund Revenue for purposes of the next re-determination.
The re-determined MetLife Unadjusted Applicable Rate is equal to sum of the current MetLife Unadjusted Applicable Rate plus the MetLife Revenue Factor for the Substitute Product of the Substitute Company and any Affiliates as of the re-determination date.
The re-determined TLAC Unadjusted Applicable Rate is equal to sum of the current TLAC Unadjusted Applicable Rate plus the Revenue Factor.
The following table shows examples of the Revenue Factor and the Margin Factor for various values of Annual Revenue Growth and Operating Margin (all numbers are percentages): Annual Growth Rate Revenue Factor Operating Margin Margin Factor 25 100 15 100 20 85 12 88 15 70 9 76 10 55 6 64 5 40 3 40 0 25 0 10 -5 10 -1 0 -8 1/3 0 For example, if the Annual Growth Rate is 12%, the percentage is 13 points below 25, so the Revenue Factor is 100% minus (3% times 13), or 61%.
Local Revenue SFF 1 Local Revenue Tipping Point % Change 2.95 2 Local Revenue Actual % Change 4.00 3 Local Revenue Factor Multiplier -0.20 4 Local Revenue Raw SFF 0.21 5 Local Revenue SFF Increase Cap (%) 0.30 6 Local Revenue SFF Decrease Cap (%) -0.30 7 Local Revenue SFF 0.21 The local revenue is the sum of the following revenues.

More Definitions of Revenue Factor

Revenue Factor is 100% minus 3% for each point the Annual Growth Rate is below 25%. (vi) "Operating Margin " means Revenues minus cost of revenues and operating expenses as defined by GAAP and determined using the accounting principles and practices of Buyer in accordance with GAAP. (vii) "Margin Factor" is 100% minus 4% for each of the first 10 points the Operating Margin is below 15%, and minus 10% for each point the Operating Margin is below 5% (that is, 4% for each point between 15% and 5%, and 8% for each point below 5%).

Revenue Factor means the percentage for a Fiscal Year determined as follows: (i) Revenue for such Fiscal Year equal to Target Performance for such Fiscal Year results in a Revenue Factor of 100%; (ii) Revenue for such Fiscal Year equal to or less than Minimum Performance for such Fiscal Year results in a Revenue Factor of 0%; (iii) Revenue for such Fiscal Year greater than Minimum Performance for such Fiscal Year and less than Target Performance for such Fiscal Year results in a Revenue Factor between 0% and 100% based on straight line interpolation between Minimum and Target Performance; (iv) Revenue for such Fiscal Year equal to or greater than Maximum Performance for such Fiscal Year results in a Revenue Factor of 200%; and (v) Revenue for such Fiscal Year greater than Target Performance for such Fiscal Year and less than Maximum Performance for such Fiscal Year results in a Revenue Factor between 100% and 200%, based on straight line interpolation between Target and Maximum Performance. The Earned Percentage is the product of Average Revenue/EBITDA Performance and the Relative TSR Factor. The Relative TSR Factor will be 75% if Relative TSR is at or below the 20th percentile. The Relative TSR Factor will be 125% if the Relative TSR is at or above the 80th percentile. Relative TSR between the 20th and 80th percentiles results in a Relative TSR Factor between 75% and 125%, based on straight line interpolation between the 20th and 80th percentiles.

Revenue Factor shall be equal to 50% of the difference between New Fund Revenue and Current Fund Revenue Basis Points, calculated as hereinafter set out. ** Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions.

Revenue Factor as of the applicable "Establishment Date" by (2) the number of shares of Capital Stock issued and outstanding on a fully diluted basis (including outstanding rights, options and warrants to purchase and other securities convertible or exchangeable into Capital Stock) as of such Establishment Date (as such amount may be adjusted from time to time thereafter as provided herein, the "Exercise Price"). For purposes of establishing the Exercise Price, (i) the applicable "Revenue Factor" will be an amount 10 times Company's monthly revenue for the month ending as of the applicable Establishment Date, and (ii) the applicable "Establishment Date" will be the last Business Day of the month in which a particular Warrant becomes Vested (except that, with respect to the Warrants that Vest immediately as of the effective date hereof, the applicable Establishment Date will be the last Business Day of April, 1997). With respect to the Warrants that Vest as of the effective date hereof, the Exercise Price is $8.46 per share (subject to adjustment). Notwithstanding the foregoing, if the price per share received by Company in any Public Offering is less than the Exercise Price then in effect with respect to any Warrant, then the Exercise Price for each such Warrant will be automatically adjusted to be the per share price received by Company in connection with such Public Offering.