UVC Cost Basis definition
UVC Cost Basis means revenue that is recorded when the minimum contract terms of the applicable contract are satisfied and the costs that are triggered solely as a result of such contract being activated are accrued when the revenue is recognized, in each case as reasonably calculated by Hyatt in a manner consistent with the past practice of the Approved Target Entities prior to the Fourth Amendment Effective Date.
UVC Cost Basis means revenue that is recorded when the minimum contract terms of the applicable contract are satisfied and the costs that are triggered solely as a result of such contract being activated are accrued when the revenue is recognized, in each case as reasonably calculated by Hyatt.