Excluded Revenue Sample Clauses

Excluded Revenue. At no time shall NBC be entitled to any ---------------- revenue received by LWP in connection with infochats, user add-ons (Chat @ Talk City), market research, custom community programming, or other corporate services which do not relate to the NBC/Talk City Areas.
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Excluded Revenue. Except as otherwise agreed by the parties, ---------------- at no time shall Hearst be entitled to any revenue received by TC in connection with infochats, user add-ons (Chat @ Talk City), market research, custom community programming, or other corporate services which do not relate to the Hearst/Talk City Areas.
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Excluded Revenue. E.2.7 Notwithstanding any other provision of this Schedule, the DGG’s Total Eligible Revenue shall not include:
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Excluded Revenue. Revenue earned from naming rights, advertising (other than any temporary advertising tied to special events), and parking. Excluded Expenses: Real estate taxes, Property Management Fee, Leasing Commission Fees, Tenant Improvement Costs, Construction Management Fees, Incentive Management Fee, Utilities, Insurance, increases associated with union wage increases, and any unbudgeted CapEx projects. Fee: Ten percent (10%) of any revenue surplus achieved compared to Base Year Total Operating Revenue, and five percent (5%) of any Operating Expense savings achieved compared to Base Year Total Operating Expenses. Any Fee shall be calculated upon mutually approved completion of each fiscal year’s final actual results. Penalty: Ten percent (10%) of any revenue shortfall compared to Base Year Total Operating Revenue, and five percent (5%) of any Operating Expense overage compared to Base Year Total Operating Expenses. No penalty shall be incurred for downtime associated with a new lease transaction that either i) LPC and City mutually agree to execute, or ii) City elects to execute against LPC’s recommendation. Any Penalty shall be calculated upon mutually approved completion of each fiscal year’s final actual results, and in no event shall Penalty exceed 65% of that year’s Property Management Fee.
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Excluded Revenue. Revenue that is excluded from this Agreement shall include:
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Related to Excluded Revenue

  • EBITDA The term “EBITDA” shall mean, with respect to any fiscal period, “Consolidated EBITDA” as defined in the Credit Agreement, provided that the following should also be excluded from the calculation of EBITDA to the extent not already excluded from the calculation of Consolidated EBITDA under the Credit Agreement: (i) Non-Cash Charges (as defined in the Credit Agreement) related to any issuances of equity securities; (ii) fees and expenses relating to the Acquisition; (iii) financing fees (both cash and non-cash) relating to the Acquisition; (iv) covenant-not-to-compete payments to certain members of the Company’s senior management and related expenses; (v) expenses (or any portion thereof) incurred outside of the ordinary course of business that are approved by the Board which the Board determines in its good faith discretion are in the best interest of the Company but which will have a disproportionately adverse impact on the Company’s short term financial performance, affecting the Company’s ability to achieve financial targets related to the vesting of the Class C Units under the Incentive Unit Subscription Agreements or the Company’s annual bonus plan; (vi) costs and expenses incurred in connection with evaluating and consummating acquisitions not contemplated by the Company’s annual plan, as such plan is approved by the Board in good faith; (vii) related party expenditures that are subject to the prior written consent of the Majority Executives pursuant to Section 2.3(a) of the Securityholders Agreement but have failed to receive such consent; (viii) advisors’ fees and expenses incurred outside the ordinary course of business related solely to Vestar’s activities that are unrelated to the Company; (ix) costs associated with any put option or call option contemplated by any Rollover Subscription Agreement or Incentive Unit Subscription Agreement; (x) costs associated with any proposed initial Public Offering or Sale of the Company (as such terms are defined in the Securityholders Agreement); (xi) expenses related to any litigation arising from the Acquisition; (x) management fees and costs related to the activities giving rise to such fees that are paid to, paid for or reimbursed to Vestar and its Affiliates; and (xii) material expenditures or incremental expenditures inconsistent with prior practice (to the extent that prior practice is relevant) required by Board (where Management Managers (as defined in the Securityholders Agreement) unanimously dissent) unless such expenditures are reasonably likely to result in any benefit (whether economic or non-economic) to the Company as determined by the Board in its good faith discretion.

  • Excluded Assets Notwithstanding the foregoing, the Purchased Assets shall not include the following assets (collectively, the “Excluded Assets”):

  • Net Operating Income For any Real Estate and for a given period, an amount equal to the sum of (a) the rents, common area reimbursements, and service and other income for such Real Estate for such period received in the ordinary course of business from tenants or licensees in occupancy paying rent (excluding pre-paid rents and revenues and security deposits except to the extent applied in satisfaction of tenants’ or licensees’ obligations for rent and any non-recurring fees, charges or amounts including, without limitation, set-up fees and termination fees) minus (b) all expenses paid or accrued and related to the ownership, operation or maintenance of such Real Estate for such period, including, but not limited to, taxes, assessments and the like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses incurred in connection with such Real Estate, but specifically excluding general overhead expenses of REIT and its Subsidiaries, any property management fees and non recurring charges), minus (c) the greater of (i) actual property management expenses of such Real Estate, or (ii) an amount equal to three percent (3.0%) of the gross revenues from such Real Estate excluding straight line leveling adjustments required under GAAP and amortization of intangibles pursuant to FAS 141R, minus (d) all rents, common area reimbursements and other income for such Real Estate received from tenants or licensees in default of payment or other material obligations under their lease, or with respect to leases as to which the tenant or licensee or any guarantor thereunder is subject to any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, liquidation or similar debtor relief proceeding.

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