III. FINANCIAL III. FINANCIAL Gross Revenues in the subsequent Submission when such final revenue amounts  are known.  “Related Party”  means a person or company that has control, joint control or signif - icant influence over the tournament or a tournament entity, either by ownership, by  agreement, or by power to manage, govern or influence the tournament’s finances  and/or operations. Also, a person or company is considered to be a related party to  the tournament if the tournament has control, joint control or significant influence over  the person or company, either by ownership, by agreement, or by power to manage,  govern or influence the person or company’s finances and/or operations. “Barter” means non cash transactions where value is exchanged (for example,  when cars are provided as part of a car sponsor deal the value of the cars provided  must be included in sponsor revenues). A written description of each Barter transac - tion must be included as part of each Submission, whether included in or excluded  from Gross Revenues., Barter transactions for each revenue category are required  to be included in Gross Revenues unless excluded as set forth below in (a), (b) or  (c). Barter valuations should be in accordance with GAAP or IFRS, as applicable to  each tournament. The Committee will work with the Committee Auditor and include  a comprehensive definition of barter transactions and their valuation for Gross Reve - nue purposes and include such comprehensive definition as part of the Submission. The following Barter transactions are excluded from Gross Revenues: (a) Media commitments for promotional time or space that are not for resale and  are used solely (i) to promote the tournament, (ii) to promote ATP or any related  event or activity of the tournament that generates Gross Revenues, (iii) to pro - mote charitable or not for profit organizations or agencies that are unrelated to  the tournament or tournament affiliates, or (iv) for public service announcements.  (b)  Any barter transaction that is both used to satisfy tournament standards and is  for the direct benefit of the players. Such direct player benefits include, but are  not limited to, hotel accommodations, player transportation, player food, player  meals, player beverages, lounge for players, internet access for players, and gift - ing and on-court supplies for players. (c) De Minimus barter transactions defined as individual transactions with valuations  under $10,000 for 250 category tournaments, $20,000 for 500 category tourna - ments and $30,000 for 1000 category tournaments. De Minimus transactions  are not required to be reported individually in the Submission as long as the total  of such individual transactions is 5% or less of Gross Revenues. In the event  such total exceeds 5% of Gross Revenues, tournaments must individually report  the highest valued barter transactions included in the total such that the total  excluding those transactions is 5% or less of Gross Revenues. A summary writ - ten description of each De Minimus transaction is required to be included in the  Submission. Given the potential complexities in valuing barter transactions for inclusion in  Gross Revenues, tournaments who submit barter valuations in Submissions  through the 2019 year will not be assessed any fine amount in accordance with  Section G if those valuations are subsequently changed or amended through the  procedures performed by either the Committee Auditor or Player Auditor. This  one-time fine abatement will not apply if the Committee determines that a tour - nament was not acting in good faith or willfully not complying with this rule when  submitting those barter valuations. “Submission”  means the prescribed, mandatory annual financial information report  required to be submitted to the Committee Auditor by each ATP Tour tournament  member hereunder, which, for the avoidance of doubt, shall include a determination  and calculation of Gross Revenues and any other information required or reasonably  requested by the Committee. The Submission must be completed in full as deter - mined by the Committee Auditor to be considered in compliance with this rule. C.  The Committee will be delegated the authority by the ATP Board of Directors to ad - minister, implement and enforce this rule, including, but not limited to, the authority  to (i) determine procedures for audits for purposes of financial disclosures in accor - dance with the terms of this rule (including regarding the selection of tournament  events to be subject to full on-site audits in accordance with Section E below); (ii)  determine the process of receiving financial information from tournament members  and any audits with respect to such information, including how often an audit may be  performed with respect to an individual tournament; (iii) evaluate and resolve ques - tions and issues that may arise in respect of any audit, Submission or violation of  this rule; (iv) enforce this rule pursuant to Section F below; and (v) implement any  other aspect of this rule. All actions, approvals and determinations of the Committee  shall require a unanimous vote of the Voting Members, unless otherwise expressly  provided in this rule (including as set forth in Sections B, C, E and F below). The ATP  Chairman shall have no right to vote on Committee matters; provided, however, that  in the event that the Voting Members are unable to unanimously agree on the ap - pointment of the Player Auditor, the ATP Chairman acting reasonably shall have the  right to vote on whether approval of the proposed Player Auditor should be granted. If any such vote by the ATP Chairman occurs and the ATP Chairman votes against  the approval of any proposed Player Auditor, then the ATP Chairman will provide  a brief description of his or her reason for such decision to the Committee. The  Committee will meet regularly as deemed necessary by the Committee to properly  administer, implement and enforce this rule. The ATP Board of Directors will make  reasonable and adequate funding available to enable to the Committee to administer,  implement and enforce this rule in accordance with the terms herein. D.  Each ATP Tour tournament member is required to provide a complete and accurate  Submission annually to the Committee Auditor no later than 120 days following the  conclusion of its tournament event for such year. Each Submission must be certified  by the applicable tournament member as complete and accurate and in compliance  with this rule in all material respects. For a period of one (1) calendar year following  the date upon which this rule is formally and duly adopted by the ATP Board of Direc - tors (such date, the “Effective Date”), each Submission must include a determination  and calculation of Gross Revenues for the current year and the prior two (2) years  (i.e., a total of 3 years) and any other required financial information related to such  Gross Revenues. The financial information included in each Submission shall be  construed and prepared in accordance with GAAP or IFRS, unless a different basis  is legally mandated by the country in which the tournament operates. In such case,  differences between any such other basis and GAAP or IFRS, as applicable, must  be identified and resolved by such tournament member as part of its Submission. Upon appointment by the Committee, each of the Committee Auditor and the Player  Auditor will be instructed not to disclose any individual tournament information or  documentation that it receives to the Committee, any of its members, ATP, the ATP  Board of Directors or any other party. The Committee Auditor and Player Auditor will  45 44