Revenue Payment definition

Revenue Payment means a payment in discharge of revenue expenditure and is, therefore, a payment other than a capital payment or an extraordinary payment;

Revenue Payment has the meaning set forth in Section 4.1(a).

Revenue Payment means an amount in cash equal to the product of (a) (i) the number of customers of the Business on the Closing Date determined by reference to the Revenue Statement multiplied by (ii) the average annual revenue per customer of the Business for the System, exclusive of Revenues from the sale or leasing of equipment by Comp-Est, determined by reference to the Revenue Statement and (b) 1.66. The Revenue Payment under this Agreement shall equal the amount of the Revenue Payment calculated under the Option and Acquisition Agreement.

Examples of Revenue Payment in a sentence

• By about the next January 20th, the Department of Revenue processes the tax returns.Due to a period of about 30 to 35 days between receipt of the combined fees and taxes and tabulation of the returns reporting such fees and taxes, the Department of Revenue will transfer to the Trustee on the Revenue Payment Date a base monthly transfer amount, based on prior collections, adjusted upward or downward to reflect the tabulations from the previous month’s returns.

• Pursuant to Wisconsin Statutes § 79.04, the Wisconsin Department of Administration is required to distribute a certain amount of the Annual License Fee to certain counties and municipalities (Utility Shared Revenue Payment).

• The Parties acknowledge that payment of the Annual License Fee is in lieu of all other taxes on all property used and useful in the Project and that the Amery and Clayton School Districts (the Districts) do not directly receive any portion of the Utility Shared Revenue Payment.

• If the Executive’s employment is terminated by the Company for Cause, as provided in Section 3.1.12 above, the Company will pay to the Executive, less standard deductions and withholdings, (i) the Executive’s Base Salary through the date of termination at the rate in effect at the time, (ii) accrued and unused Sick Time / Personal Time Off earned through the date of termination and (iii) the amount of Gross Revenue Payment set forth in Section 2.3 earned through the date of termination.

• As rent for the Premises, Developer shall pay to TxDOT the Revenue Payment Amount, as set forth in Section 5.1 of the Agreement and Part A of Exhibit 7 to the Agreement.

More Definitions of Revenue Payment

Revenue Payment has the meaning set forth in Section 4 hereto.

Revenue Payment has the meaning ascribed to it in Section 10.6(a).

Revenue Payment means any payment prescribed by regulations made under section 77(1) to be a revenue payment for the purposes of section 9B;

Revenue Payment means the percentage payment due to the Company in respect of the Compete Revenues of the Shareholders, calculated in accordance with clauses 26.1(B)(ii) (Covenants), and clauses 26.4(G), (H) and (I) (Scope and exceptions), as relevant;

Revenue Payment means the amount payable by the Company to Vodafone NL such amount being calculated in accordance with paragraph 2 of this Schedule 2;

Revenue Payment means for each Calendar Quarter occurring (in whole or in part) during the Revenue Payment Term, an amount payable to the Buyer equal to the product of (a) Net Sales during such Calendar Quarter (or, for any Calendar Quarter occurring in part during the Revenue Payment Term, Net Sales for the calendar days falling within the Revenue Payment Term during such Calendar Quarter) and (b) the Revenue Percentage.

Revenue Payment and “Revenue Payments,” as used herein, mean the prescribed-herein periodic payments to Seller, calculated as a percentage of Third-Party Revenue and/or as a percentage of Direct Revenue, as the case may be.