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

  • As a consequence, if no Turnover Objection Notice is served within such term, then the Target Turnover shall be deemed to have been definitively achieved, and the Investor shall proceed with the subscription and full payment of the Second Tranche of the Capital Increase within the following 10 (ten) Business Days.

  • If the clarifications and/or additional documentation requested under Paragraph 6.2(c) are not provided within the required timeframe, the Turnover Objection Notice shall be deemed duly submitted.

  • It remains understood that, for the purpose of this Paragraph 6.3 and the following Paragraphs 6.4 and 6.5, the scope of the mandate given by the Parties to the Independent Auditor shall exclusively consist in quantifying the Turnover generated by the Company in the Turnover Period (to be determined by applying the definition of “Turnover” provided by this Agreement), for the purpose to ascertain whether such Turnover is at least equal to the Target Turnover.


More Definitions of Turnover

Turnover means the 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, and
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.