Turnover definition

Turnover means the aggregate value of the realisation of amount made from the sale, supply or distribution of goods or on account of services rendered, or both, by the company during a financial year;
Turnover means the effort necessary to enable HHSC, or its designee, to effectively close out the Contract and move the Work to another vendor or to perform the Work by itself.
Turnover means

Examples of Turnover in a sentence

  • Company acknowledges and agrees that Contractor’s post-Turnover warranty obligations are not associated with final Turnover as contemplated by Article VIII.2. D.

  • Except as expressly stated otherwise, Contractor shall retain care, custody, and control of the Services, systems, facility, or relevant portion of the Facilities under its responsibility, and all Supplies intended for incorporation into the Facilities until issuance of a Turnover certificate below.

  • If during the following Turnover of an Item, Company notifies and reasonably demonstrates to Contractor in writing that (i) there is a Defect in the Services for the Item, and (ii) the Defect in the Item was identified by Company after Turnover, Contractor shall promptly perform corrective services as may be necessary to bring the Services for the Item into conformance with Agreement requirements to the extent such services are within the original scope of the Services (including any Change Orders).

  • Turnover and transfer of care, custody, and control shall not be deemed, but only upon achieving Turnover and the issuance of a Turnover certificate.

  • Issuance of the Final Turnover Certificate does not relieve Contractor of any surviving obligations under Article IV.


More Definitions of Turnover

Turnover means gross amount of revenue recognised in the profit and loss account from the sale, supply, or distribution of goods or on account of services rendered, or both, by a company during a financial year;]
Turnover. , in relation to a person, means the amounts derived from the provision of goods or services after the deduction of trade discounts, value added tax and any other taxes based on the amounts so derived.
Turnover the money paid or payable to the Insured for goods sold and delivered and for services rendered in course of the business at the premises.
Turnover means, in relation to any period, the aggregate revenue (excluding any applicable Value Added Tax) accruing to the Franchisee from the sale of Fares and the receipt of Franchise Payments during such period;
Turnover means the amount (less discounts allowed) paid or payable to You for goods sold and delivered and for services rendered in the course of the Business at the Premises.
Turnover means the money paid or payable to the Insured for goods sold and delivered, for services rendered, and for “rental income” in course of the business at the “premises”.
Turnover means transfer of association control from developers to non-developer unit owners pursuant to Section 718.301, Florida Statutes.