Net Revenue. As used in this Warrant Agreement, the term "Net Revenue" shall mean the total ticket revenue received by the Company from tickets sold for travel on the Warrant Holder and its Code Share Partners, net of federal excise and segment taxes, passenger facility charges and related fees. The parties acknowledge that credit card processing fees, and any processing fees or similar fees charged by the Company to the consumer in connection with the sale of a ticket shall not be included in the calculation of Net Revenue. Attached hereto as Exhibit D is an example of the calculation of Net Revenue.
Net Revenue. Section 5.11 shall be deleted in its entirety and replaced with the following in lieu thereof:
Net Revenue. Maintain at all times, to be tested as of the last day of each calendar quarter, aggregate Net Revenue, as determined in accordance with GAAP:
Net Revenue gross revenue of Animas Group on a consolidated basis (excluding all revenue from Sub-licensees) from the sale of Debiotech Micro-Needle Products to distributors and end-users minus contractual allowances and discounts, as calculated in accordance with US Generally Accepted Accounting Principles, as such principles are in effect at that time, and as recognized in accordance with Animas’ standard accounting practices in effect for the relevant period, consistently applied ( “GAAP”).
Net Revenue. “Net Revenue” means the total revenue for season passes, gate sales, and all rentals, less applicable sales tax. Net Revenue shall not include concessions sales.
Net Revenue. Borrower will not at any time allow its net revenue (determined in accordance with GAAP) to fall below $2,000,000.00 for any of the quarters ending March 31, 2003, June 30, 2003, September 30, 2003, December 31, 2003, March 31, 2004 and June 30, 2004."
Net Revenue. Net Revenue" means the amount collected by SPRT for ----------- SPRT's sale of licenses to the Product Extension to Referred Customers, [***] (a) [***]% for sales expenses, and (b) any associated freight charges, insurance and other costs of shipping and handling, taxes and duties.
Net Revenue. Net revenue income is defined as gross income from licensing minus direct costs. For this purpose, direct costs may include:
Net Revenue. The term “Net Revenue” shall mean the difference of (i) Gross Revenue, minus (ii) promotional expenses incurred in connection with the operation of the Business.
Net Revenue. AtheroGenics shall pay Emory the following running royalties on Net Revenue:
