Minimum Revenue Threshold definition

Minimum Revenue Threshold means (i) for the period beginning October 1, 2005 through and including the first (1st) Fiscal Quarter of 2006, $3,000,000 and (ii) for each Fiscal Quarter thereafter, $2,000,000.
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Minimum Revenue Threshold means payments by Customer to Service Provider for Service under this Agreement, other than payments relating to the ERP Upgrade Project, totaling $191 million.
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Minimum Revenue Threshold means (a) with respect to the First Earnout Period, $72,000,000, (b) with respect to the Second Earnout Period, an amount equal to (i) $72,000,000 plus (ii) the amount by which the Adjusted GAAP Revenue recognized by the Company and its Subsidiaries with respect to the First Earnout Period is less than $72,000,000, and (c) with respect to the Third Earnout Period, an amount equal to (i) $72,000,000 plus (ii) the amount by which the Adjusted GAAP Revenue recognized by the Company and its Subsidiaries with respect to the First Earnout Period and Second Earnout Period is less than $144,000,000 in the aggregate.
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Examples of Minimum Revenue Threshold in a sentence

  • If Delta cancels any such flight, that flight will not be counted for purposes of calculating the Year One Winter Minimum Revenue Threshold.

  • If, within ten (10) business days of such request, negotiations do not result in the establishment of revised Enplanement Fees (and the corresponding caps set forth in Sections 3.1.1 and 3.1.2) and/or Year One Winter Minimum Revenue Threshold amount acceptable to Delta, Delta may terminate this Agreement upon no less than ten (10) business days’ written notice to the IEDC.

  • Upon reasonable notice, the IEDC, at its expense, shall have the right to audit and inspect, at Delta’s offices during normal business hours, Delta’s books and records as such books and records relate to the determination of Revenue, Year One Winter Minimum Revenue Threshold, Material Cost Circumstance and the Enplanement Fees invoiced hereunder for the sole purpose of ensuring the accuracy of such amounts.

  • In the event that Delta notifies the IEDC of a Material Cost Circumstance, Delta may request a renegotiation of the amount of the Enplanement Fees (and the corresponding caps set forth in Sections 3.1.1 and 3.1.2) and/or the Year One Winter Minimum Revenue Threshold.


More Definitions of Minimum Revenue Threshold

Minimum Revenue Threshold has the meaning defined in Section 5.2.
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Minimum Revenue Threshold up to 31 December 2003 means five hundred thousand ringgit. With effect from 1 January 2004, “minimum revenue threshold” shall mean two million ringgit’;
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Minimum Revenue Threshold means achievement by the Target of [***] of the Revenue Forecast; “Revenue” means global sales income generated resulting from; (i) sale of products; (ii) rental/lease of equipment; (iii) consultancy; (iv) data services; (v) engineering services; (vi) freight; (vi) any other services provided by the company For the avoidance of doubt Revenue should be calculated in line with the same practices and methodologies as the historic management accounts; “Revenue Forecast” means the Revenue forecast for Financial Year 2024 totaling [***]; “Target Companies” means the Target and each of the Subsidiaries, and a reference to a “Target Company” is a reference to any one of them; and “UK GAAP” means generally accepted accounting principles in the United Kingdom. 26
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Minimum Revenue Threshold means achievement by the Target of [***] of the Revenue Forecast; “Profit and Revenue Statement” means the statement of the Earn Out Consideration in the form set out in Part C of this Schedule; "Resolution Period" has the meaning given to it in paragraph 5 of Part A of this Schedule; “Revenue” means global sales income generated resulting from; (i) sale of products; (ii) rental/lease of equipment; (iii) consultancy; (iv) data services; (v) engineering services; (vi) freight; (vi) any other services provided by the company For the avoidance of doubt Revenue should be calculated in line with the same practices and methodologies as the historic management accounts. “Revenue Forecast” means the Revenue forecast for Financial Year 2024 totalling [***]; "Review Period" has the meaning given to it in paragraph 3 of Part A of this Schedule; and “UK GAAP” means generally accepted accounting principles in the United Kingdom.
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Minimum Revenue Threshold has the meaning set forth in Section 3.1.
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Related to Minimum Revenue Threshold

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and