Unearned Revenue definition

Unearned Revenue means all unearned revenue, advance payments and deposits associated with Customer credit balances of Seller as of the Closing Date which are listed on Report 17 (Unearned Revenue Report) of the NRTC Central Billing System Reports.

Unearned Revenue means with respect to any Project payments that Borrower has received from a client for services to be rendered by Borrower in the future on such Project.

Unearned Revenue shall be defined as they are by Generally Accepted Accounting Principles. As used herein, "Tangible Net Worth" shall be defined as net worth (less all intangible assets, including, but not limited to, amounts due and/or owing from any officers, stockholders and/or affiliates, and other intangible assets). This ratio will be measured quarterly.

Examples of Unearned Revenue in a sentence

• Unearned Revenue represents cash received in advance of it being earned, whereas Accrued Revenue represents revenue earned prior to cash being received.

• Unearned Revenue On July 1, 2017, the Company entered into a seven year exclusive floor planning arrangement with a finance company.

• If Seller and Buyer are unable to resolve ------------------------------ any disagreements with respect to the Unearned Revenue Schedule within 20 days following Buyer's receipt of the Protest Notice, then the items in dispute will be referred to Xxxxxx Xxxxxxxx L.L.P. (the "Accountants") for final determination within 45 days, which determination shall be final and binding on both Buyer and Seller.

• Form of Monthly Eligible Accounts Receivable Certificate For the Month Ended ______________________________ in 000,000's (Millions) USD Passenger Related A/R Trade A/R Other Total A/R Visa / MC Other CC Domestic Travel Agency (net) Int'l Travel Agency (net) BARTS UATP Trade/ Sourcing/ Charter EPSILON Notes / Interest Gross 0.0 Less ineligibles Past due balances 0.0 Foreign Receivables 0.0 Credit in Prior 0.0 Intercompany 0.0 Owed from other airlines (contra) 0.0 Unapplied Pmts 0.0 Unearned Revenue 0.0 Est.

• The unearned revenue (determined in accordance with AICPA Statement of Position 97-2) relating to Seller's obligation to complete and deliver certain software (either custom or standard product) and perform certain consulting, training and maintenance services for which Seller has billed or has billed and collected revenues on or prior to Closing (the "Unearned Revenue").

More Definitions of Unearned Revenue

Unearned Revenue means (i) all Accounts Receivable billed by Seller for services to be rendered after the Closing Date to the Customer Accounts by Buyer; (ii) all payments and deposits received by Seller prior to the Closing for services to be rendered or work to be performed after the Closing Date for the Customer Accounts by Buyer. Unearned Revenue will be prorated as of the close of business on the Closing Date. The Unearned Revenue is set forth in EXHIBIT 1.12, which will be attached hereto and incorporated herein.

Unearned Revenue means, for any fiscal period and for any Account Debtor, the aggregate amounts paid or payable to any Borrower for services or goods that have yet to be fulfilled.

Unearned Revenue means a liability representing amounts billed in advance of providing services or delivering goods, including any prebilled monthly rental revenue on any Equipment Contract.

Unearned Revenue means solely with respect to the Business Contracts assigned to the Buyer under this Agreement, any continuing or uncompleted obligation to provide goods and/or services to the customers of the Business.

Unearned Revenue means revenue for products and services sold to the Company’s customers that has been accrued but not earned by the Company, determined in accordance with GAAP.

Unearned Revenue shall have the meaning ascribed to it in Section 1.6(a)(x).

Unearned Revenue means all unearned revenues in connection with the Businesses as at 31st December 1996 for the purposes of the Base Period Balance Sheet, 31st July 1997 for the purposes of the Execution Balance Sheet and the Effective Time for the purposes of the Completion Balance Sheet, being sums received by any of the Vendors in connection with the Businesses (including Advance Receipts) in the period up to such respective dates in relation to services -------------------------------------------------------------------------------- 52 or products which in the case of the Base Period Balance Sheet had not been performed or delivered at 31st December 1996, in the case of the Execution Balance Sheet had not been performed or delivered as at 31st July 1997 and in the case of the Completion Balance Sheet will not have been performed or delivered as at the Effective Time as the same have been or will be treated as a liability in calculating the Base RTBV Figure, the Execution RTBV Figure and the Completion RTBV Figure respectively;