Calculation of Gross Revenue. The purchase of any Launching Game (including without limitation any Launching Game Updates, Localized Versions, DLCs, and demo versions) by an End User through STOVE using ‘Platform Cash’ or another method of payment available on Stove such as credit card or PayPal shall be included in Gross Revenue; provided, however, that any purchase of DLC by an End User within the Launching Game using In-game Virtual Currency shall not be included in Gross Revenue. For clarification purpose, if any discount event for any Launching Game (including without limitation any Launching Game Updates, Localized Versions, DLCs, and demo versions) is held within STOVE, the amount actually paid to SGS by the End Users (that is, the discounted price after applying the discount rate of the applicable discount event) shall be included in Gross Revenue.
Calculation of Gross Revenue. The purchase of any Launching Content (including without limitation any Launching Content Updates, Localized Versions, DLCs, and demo versions) by an End User through STOVE using STOVE Cash or another method of payment available on Stove shall be included in Gross Revenue. To clarify, if any discount event for any Launching Content (including without limitation any Launching Content Updates, Localized Versions, DLCs, and demo versions) is held within STOVE, the amount actually paid to SGS by the End Users (that is, the discounted price after applying the discount rate of the applicable discount event) shall be included in Gross Revenue.
Calculation of Gross Revenue. All royalty fees will be calculated as a percentage of total gross revenue actually received by Foretold, LLC generated by fees, the sale of products, and subscriptions. Excluded from the gross revenue calculation are taxes collected by the Company, revenue from interest, dividends, sale of investments, crowdfunding income, loan income from other royalty fee agreements and angel investors, and items of revenue that are commonly recognized as not resulting from operations according to the principles of accounting generally accepted in the State of Pennsylvania. For example - revenue calculation - Xxxxxx.xxx sell/distributes the Foretold QuickShare e- book for $10.00 retail. Xxxxxx.xxx retains a 30% sale & distribution fee resulting in a 70% distribution to Foretold, LLC. Foretold, LLC receives $7.00 from Xxxxxx.xxx for each e- book sold by Xxxxxx.xxx. The Loan Investors’ royalty fee is calculated to be 35% of the $7.00 distribution, or that is $2.45 per e-book sale.
Calculation of Gross Revenue. “Gross Revenue” of the Hotel for any Financial Year shall mean the total amount of revenue and receipts of every kind (from both cash and credit transactions) derived by the Operator from the operation of the Hotel and its facilities, as certified by the statutory auditors of the Operator, including receipts from room occupancy charges, room service charges, telephone, telefax and telex charges, laundry, sale of food, beverages, liquor, recreational amenities (outdoor pool, health club, spa, sauna, fitness facility etc.), outdoor catering, receipts from vending machines; parking, restaurants, banquet, convention/exhibition/ meeting halls, commercial or other spaces on account of rent and / or License fee from the sub-Licensees of every description and kind, and the recovery in respect of any other service or facility provided by the Concessioner to the users / guests of the said Property, which are availed/ realized by the Concessioner from an outside party(s) at a consideration BUT shall exclude and be arrived at after deducting the following:-
Calculation of Gross Revenue. (1) From Food sales: Contractor will pay the City Fifteen percent (15%) of all gross food sales including all services and fees and gratuity, but not including liquor sales or off-site sales. There will be an accounting of these sales by PCC, and the City will pay the contractor for all sales less 15% commission .
Calculation of Gross Revenue. “Gross Revenue” shall mean the Gross Revenue of the Business for any Earnout Period, as determined in accordance with GAAP.
Calculation of Gross Revenue. In determining the amount of Gross Revenue in any circumstances, the following rules and principals shall apply:
Calculation of Gross Revenue. The components of Gross Revenue for the Earn Out Period shall be determined in accordance with GAAP and shall be calculated as set forth on Exhibit A.
Calculation of Gross Revenue. Within 75 days following the twelve month period in respect of which the Earnout Portion of the Purchase Price is payable, the Purchaser shall cause its accountants, Ernst & Young, to determine the Gross Revenue received by the Corporation and its Affiliates in respect of such 12 month period and to deliver a written notice (the "Gross Revenue Notice") to the Vendors setting forth such determination including a breakdown of Gross Revenue by product. The Vendors may dispute any aspect of the Gross Revenue Notice by notice in writing given to the Purchaser within 14 days following delivery of the Gross Revenue Notice to the Vendors. During such time, the Vendors shall, if they so request, have access to Ernst & Young's working papers. If the Purchaser has not received a notice of a dispute within the 14-day period referred to in this Section 2.7, the Purchaser shall pay the Earnout Portion of the Purchase Price in accordance with Section 2.2(3). If the Vendors and the Purchaser cannot resolve a dispute relating to the Gross Revenue Notice promptly by agreement, the Vendors and the Purchaser may request the Independent Accountant to arbitrate the dispute in accordance with the provisions of Section 2.5. On agreement with respect to all matters in dispute or upon a decision of the Arbitrator with respect to all matters in dispute, the Purchaser shall forthwith pay the amount of the Earnout Portion of the Purchase Price, if any, to the Vendors.
Calculation of Gross Revenue
