Total Net Revenues means Gross Operating Revenue plus the earnings on amounts deposited into the Available Revenue Fund not otherwise included in the definition of Gross Operating Revenue, less Operating Expenses, and less amounts added to the Renewal and Replacement Fund for the same period representing the regularly scheduled 4% of Gross Operating Revenue required to be deposited pursuant to the definition of “Renewal and Replacement Set Aside Amount”.

Total Net Revenues means total gross revenues less any discounts, rebates, shipping costs, handling costs, transportation insurance costs, importation fees, and duties on any and all Products sold by the Licensee in the Territory which are sold in reliance upon and which are specifically used for extracorporeal therapies for the treatment of ophthalmic diseases in accordance with or subject to any of the valid claims of the Patent. In the case of sales of filters for ophthalmic treatment within the meaning of the Patent, either directly by Licensee or through Licensee's subsidiaries or a company affiliated with Licensee, such total gross revenues shall be deemed to be the cost of the filters to Licensee; or in case of Products having components in addition to said filters, the allocated cost of the filters to Licensee relative to the total costs of said Products. For other Products the Total Net Revenues shall be the actual sales price to purchasers of the Products, less any of the discounts etc. as mentioned above.

Examples of Total Net Revenues in a sentence

Operating Revenues (Personal Metrics Agency Operations) Operating Revenues is Line 20 Total Revenues from the Profit Center Statement (STG portion) and Line 20 Total Net Revenues from the Schedule A (STC portion).
Royalty Payments shall be made by wire transfer and shall be computed on Total Net Revenues received by the Licensee by the reporting close of each calendar quarter and distributed and paid to Stock and on a quarterly basis, on or before the expiration of Forty-five (45) days after the reporting close of each prior calendar quarter.
Operating Revenues Operating Revenues is line 20 Total Revenues from the Profit Center Statement (STG portion) and line 20 Total Net Revenues from the Schedule A (STC portion).
Results of Operations Year Ended December 31, 2016 Compared to Year Ended December 31, 2015 Total Net Revenues: Total net revenues increased $996,303, or 211%, to $1,468,462 in 2016 from $472,159 in 2015.
Royalty Payments shall be calculated and paid based upon Total Net Revenues that Licensee receives from the bona fide commercial sales of its Products sold in reliance and dependence upon the validity of the Patent's claims and of the Patent Rights in the Territory.

More Definitions of Total Net Revenues

Total Net Revenues means revenues of the Acquired Business that constitute the ongoing major or central operations less all related sales returns, allowances, discounts and the like. Total Net Revenues shall be set forth as a separate line item in the Audited Financial

Total Net Revenues means Gross Operating Revenues less any discounts returned.

Total Net Revenues means and be determined for each Covered Period as the sum of the Product Net Revenues plus the JC Event Net Revenues, in each case as generated, received and retained by the Company during such applicable Covered Period.

Total Net Revenues means the revenues of Purchaser from the ------------------ sale of the Hardware Products after the Closing as set forth on the financial statements of Purchaser and determined in accordance with GAAP (i.e., after returns and allowances).

Total Net Revenues means the total revenues less returns, credits, refunds and all taxes (other than income taxes), received by Licensee from sales of merchandise by Licensee at the Stores.

Total Net Revenues means the operating, financial and extraordinary revenues reflected in the annual income statements of the Company (excluding interest income on cash held in cash on treasury accounts), minus the amount of any value-added tax included in such revenues; provided, however, that Revenues attributable to any joint venture in which the Company participates or to any consolidated subsidiary of the Company that is not wholly owned (except for directors' qualifying shares pursuant to the law or by-laws of the relevant Company) shall be included in "Total Net Revenues" only up to the proportion that the equity interest of the Company bears to the total equity of the subsidiary. For the purpose of calculating "Total Net Revenues", "Revenues" includes the gross revenues from all activities of the Company, including, without limitation, revenues from any present or future theme park or other gated attraction, participant fees and revenues from any other sponsorship arrangements, revenues from hotels, restaurants and other service establishments, revenues from sales of merchandise, revenues from the sale or lease of real property (whether developed or undeveloped), and all other revenues of the Company from whatever source.

Total Net Revenues means the amounts billed by Buyer from the operation of the Business by Buyer after the Closing less the following items: normal and customary cash and trade discounts, credits for returns and allowances, bad debt, insurance costs and transportation charges or allowances, if any, any sales or other excise taxes or duties imposed with respect to such sales, and selling commissions by resellers or trading agents, if any.