Total Net Revenues means total gross revenues less any discounts, rebates, shipping costs, handling costs, transportation insurance costs, importation fees, and duties on any and all Products sold by the Licensee in the Territory and which are sold in reliance upon and specifically used in accordance with or subject to any of the valid claims of the Patent.
Total Net Revenues means total gross revenues less any discounts, rebates, shipping costs, handling costs, transportation insurance costs, importation fees, and duties on any and all Products sold by the Licensee in the Territory which are sold in reliance upon and which are specifically used for extracorporeal therapies for the treatment of ophthalmic diseases in accordance with or subject to any of the valid claims of the Patent. In the case of sales of filters for ophthalmic treatment within the meaning of the Patent, either directly by Licensee or through Licensee's subsidiaries or a company affiliated with Licensee, such total gross revenues shall be deemed to be the cost of the filters to Licensee; or in case of Products having components in addition to said filters, the allocated cost of the filters to Licensee relative to the total costs of said Products. For other Products the Total Net Revenues shall be the actual sales price to purchasers of the Products, less any of the discounts etc. as mentioned above.
Total Net Revenues means Gross Operating Revenue plus the earnings on amounts deposited into the Available Revenue Fund not otherwise included in the definition of Gross Operating Revenue, less Operating Expenses, and less amounts added to the Renewal and Replacement Fund for the same period representing the regularly scheduled 4% of Gross Operating Revenue required to be deposited pursuant to the definition of “Renewal and Replacement Set Aside Amount”.
Examples of Total Net Revenues in a sentence
As security for the Senior Series 2020A Bonds, the Corporation will pledge to the Trustee the Total Net Revenues, together with other funds and accounts held by the Trustee under the 2020 Bond Indenture, substantially consistent with the liens and security interests securing the 2002 Bonds.
The Senior Subordinate Series 2020B Bonds will be secured by a pledge of the Total Net Revenues subordinated only to the payment of principal and interest on the Senior Series 2020A Bonds.
More Definitions of Total Net Revenues
Total Net Revenues means revenues of the Acquired Business that constitute the ongoing major or central operations less all related sales returns, allowances, discounts and the like. Total Net Revenues shall be set forth as a separate line item in the Audited Financial Statements.
Total Net Revenues means and be determined for each Covered Period as the sum of the Product Net Revenues plus the JC Event Net Revenues, in each case as generated, received and retained by the Company during such applicable Covered Period.
Total Net Revenues means Gross Operating Revenues less any discounts returned.
Total Net Revenues means the operating, financial and extraordinary revenues reflected in the annual income statements of the Company (excluding interest income on cash held in cash on treasury accounts), minus the amount of any value-added tax included in such revenues; provided, however, that Revenues attributable to any joint venture in which the Company participates or to any consolidated subsidiary of the Company that is not wholly owned (except for directors' qualifying shares pursuant to the law or by-laws of the relevant Company) shall be included in "Total Net Revenues" only up to the proportion that the equity interest of the Company bears to the total equity of the subsidiary. For the purpose of calculating "Total Net Revenues", "Revenues" includes the gross revenues from all activities of the Company, including, without limitation, revenues from any present or future theme park or other gated attraction, participant fees and revenues from any other sponsorship arrangements, revenues from hotels, restaurants and other service establishments, revenues from sales of merchandise, revenues from the sale or lease of real property (whether developed or undeveloped), and all other revenues of the Company from whatever source.
Total Net Revenues means the amounts billed by Buyer from the operation of the Business by Buyer after the Closing less the following items: normal and customary cash and trade discounts, credits for returns and allowances, bad debt, insurance costs and transportation charges or allowances, if any, any sales or other excise taxes or duties imposed with respect to such sales, and selling commissions by resellers or trading agents, if any.
Total Net Revenues means the revenues of Purchaser from the ------------------ sale of the Hardware Products after the Closing as set forth on the financial statements of Purchaser and determined in accordance with GAAP (i.e., after returns and allowances).
Total Net Revenues for each calendar month shall mean the sum of the AAP Net Revenues for such month and the Bundled Product Net Revenues for such month for each Bundled Product.