Common use of Allocation of Revenues Clause in Contracts

Allocation of Revenues. In the event that individuals or groups purchase for a single price items which are both included and excluded from Gross Golf Revenue (e.g., green fees and dinner), then Tenant agrees that revenues shall be allocated to Gross Golf Revenue in a reasonable manner consistent with the historical allocation of such revenues.

Appears in 9 contracts

Samples: Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc), Contribution and Leaseback Agreement (Golf Trust of America Inc)

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Allocation of Revenues. In the event that individuals or groups purchase for a single price items which are both included and excluded from Gross Golf Revenue (e.g.E.G., green fees and dinner), then Tenant agrees that revenues shall be allocated to Gross Golf Revenue in a reasonable manner consistent with the historical allocation of such revenues.

Appears in 4 contracts

Samples: Pledge Agreement (Golf Trust of America Inc), Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc)

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