Distribution of Revenues. Transmission revenues received from network or firm point-to-point transmission service to load within the PJM Region will be distributed to the Transmission Owners on a revenue requirements basis to the Parties with transmission revenue requirements for the PJM Zone in which the load is located; transmission revenues from other network or firm point-to-point transmission service will be distributed to all Parties to this Agreement on a transmission revenue requirements ratio share basis; and transmission revenues from non-firm point-to-point transmission service will be distributed in accordance with the PJM Tariff. Any other revenues owed to the Transmission Owners shall be distributed on a transmission revenue requirements ratio share basis unless otherwise specified in the PJM Tariff. The above notwithstanding, no revenues shall be distributed to any Party that is a Zero Revenue Requirement Party.
Distribution of Revenues. The CAISO will calculate the total daily excess revenues received from under-scheduling and over-scheduling charges and allocate them to load at the Load Aggregation Points that was not subject to under-scheduling or over-scheduling charges according to metered demand.
Distribution of Revenues. (a) Following the Opening Date and continuing thereafter for the remainder of the term of this Agreement, Manager (and not the Enterprise) shall be responsible to distribute all Lottery Gaming Facility Revenues daily from the Lottery Facility Account to the Executive Director as provided by applicable regulation and in accordance with Paragraphs 23 and 24 of the Lottery Facility Management Contract (time being of the essence).
(b) Following the Opening Date and continuing thereafter for the remainder of the term of this Agreement, all amounts on deposit in the General Operating Account, net of amounts for the Costs of Operations in accordance with the Approved Budget, shall be disbursed on a monthly basis as set forth below, paid on or about the twentieth (20th) day of each calendar month for the preceding month. Such amounts shall be disbursed from the General Operating Account in the following order of priority (subject to adjustment as determined by the Enterprise):
(i) Current (and past due, if any) principal, interest and any other payments due on any obligations to repay funding provided by the Lender in connection the Facility Loan, any other loan to the Enterprise and/or equipping of the Gaming Facility;
(ii) Management Fees due the Manager under Section 6.3(c) below and payment due Och-Ziff under Section 6.3(c) below (provided that if the distribution under this subsection in any month is insufficient to fund such payment in full, the unpaid amount shall be deferred and paid under subsection (iii) below);
(iii) Payment of amounts previously payable under subsection (ii) above, but payment of which was previously deferred (including, with respect to any deferred Management Fees and payments due to Och-Ziff under Section 6.3, interest accrued thereon at the Applicable Rate from the date on which such Management Fees and payments otherwise would have been due and payable);
(iv) Any monthly capital replacement or other reserve contributions which have been created with the written approval of the Enterprise; and
(v) All remaining of such amounts deposited in the General Operating Account shall be disbursed to the Enterprise at the same time the Management Fees are paid to the Manager and the payments to Och-Ziff, subject to the terms of any Control Agreement.
(c) For so long as this Agreement shall remain in effect during the term hereof and as provided for in this Agreement:
(i) As compensation for the Manager’s management services hereunder (such co...
Distribution of Revenues. (1) The distribution to the entitled party shall be made on the basis of the distribution plans of Corint Media GmbH. The distribution shall be made no later than nine months after the end of the business year in which Corint Media GmbH received the respective amounts. This does not apply in the event that Corint Media GmbH is prevented from carrying out the distribution for factual reasons.
(2) Upon receipt of the payout amount, the entitled party waives its own claims and entitlements against Corint Media GmbH and indemnifies Corint Media GmbH against any third-party claims within the scope of the rights granted under the rights management contract provided that the calculation of the payout amount has been correctly made on the basis of the distribution plan. The waiver and the indemnification shall only apply to claims and entitlements based on a grant of rights which is invalid, encumbered with third-party rights or otherwise defective. At the same time, the entitled party affirms that it has not granted the rights pertaining to this payout in any other form, particularly not one preceding in time, and is not going to assert the rights pertaining to this payout. Corint Media GmbH reserves the right to offset amounts paid contrary to the distribution plan against future payout credit balances.
(3) In order to ensure fairness in the distribution process, Corint Media GmbH may, in individual cases, share the costs of managing and enforcing the rights proportionately with the entitled party in advance. This requires that the rights to be managed are novel rights of use and/or remuneration entitlements which can only be enforced for the first time with considerable effort. The allocation of the costs to be proportionally borne by the entitled party shall be made based on the corresponding application of the distribution plan. Amounts that have been overpaid shall be reimbursed by Corint Media GmbH within a month, after the respective annual financial statement has been issued and without the need to be prompted.
Distribution of Revenues. In the event that, under the terms of a ------------------------ Multi-Territory Contract, an Assigned Person collects recurring revenues from a Multi-Territory Account that are then payable by the Assigned Person to one or more of the Affiliates, the Assigned Person shall, within 30 days after receipt of each payment of such revenues, provide such Affiliates with a report showing the date and amount of such payment and pay to such Affiliates such Affiliates' share of the revenues, without credit, offset or deduction of any kind or nature whatsoever other than sales or similar taxes required to be collected in connection with the provision of Services under the Multi-Territory Contract and such other deductions as have been agreed to by such Affiliates.
Distribution of Revenues a. Proceeds of land sales – The net proceeds of any sale of land in the Park will be distributed in accordance with the share investment of the towns. Net proceeds are calculated after proceeds totaling 20% of land sales are paid to Wheelabrator Putnam, Inc., and minus any real estate agent commissions, if an agent is used for land sale transactions.
b. Park Tax Revenues – Putnam will distribute, within 30 days of receipt, all Park Tax Revenues in accordance with the share investment of the towns.
Distribution of Revenues. Transmission revenues received from network or firm point-to-point transmission service to load within the PJM South Region will be distributed to Dominion Virginia Power consistent with the Rate Design and Section 7.1.8 of this Agreement. Issued By: Xxxxx Xxxxxx Effective: May 1, 2005 Vice President, Government Policy Issued On: November 4, 2004 Filed to comply with order of the Federal Energy Regulatory Commission, Docket No. ER04-829, et al., issued October 5, 2004, 109 FERC 61,012. PJM Interconnection, L.L.C. Original Sheet No. 13 Rate Schedule FERC No. 39
Distribution of Revenues. Entry fees paid by Indy Lights Series competitors and all associated licensing and registration fees shall be paid to CART. The following costs directly related to the Indy Lights Series shall be paid from such gross receipts: 1. Direct insurance costs for liability, driver life, participant accident, catastrophic medical;
Distribution of Revenues. All power revenues received by the Lessee from the Facility shall be applied in the following priority:
(1) To lease payments to the United States.
(2) To Reclamation expenses as outlined in Article 7.
(3) To the annual operation and maintenance cost of the Facility.
(4) To the recovery of costs and/or the payment of debts associated with construction of the Facility.
(5) To the reserve fund (Article 23 herein).
(6) All additional power revenues received by the Association and Percheron shall be available for their use.
Distribution of Revenues. The Parties hereby agree that net revenues generated from any JV Transaction shall be distributed thirty-five (35%) percent to the Company and sixty-five (65%) percent to Zenetek, as they shall determine.
