Excluded Revenues Sample Clauses
The Excluded Revenues clause defines specific types of income or revenue streams that are not counted or included for certain contractual purposes, such as calculating payments, royalties, or performance metrics. In practice, this clause might specify that revenues from unrelated business activities, refunds, or certain taxes are excluded from the total revenue considered under the agreement. Its core function is to ensure that only relevant and intended revenues are used in financial calculations, thereby preventing disputes and ensuring fairness in the application of the contract.
Excluded Revenues. IDX/Signet JOA.
Excluded Revenues. All Off-Reserve Impact Payments 14a Provision D.27(i) All Claims Settlement Amounts 14b Provision D.27(ii) All Loss or Damage Payments 14c Provision D.27(iii) All Program Transfers from Canada or Another Government 14d Provision D.27(iv) All Provincial/Territorial Transfers 14e Provision D.27(v) All Proceeds from the Sale or Expropriation of Lands 14f Provision D.27(vi) All Portfolio Investment Income 14g Provision D.27(vii) All Receipted Gifts and Donations 14h Provision D.27(viii)
Excluded Revenues. (a) amounts received from sales or other dispositions of Borrower Property in accordance with Section 14(L) of this Agreement, (b) WPT Royalties, (c) proceeds resulting from the WPT Licensing Agreement, and (d) proceeds resulting from litigation against Deloitte & Touche, all of which shall be excluded from Adjusted Cash EBTDA, but only so long as no Revolving Credit Expiration Date has occurred.
Excluded Revenues. With respect to concessions (including for this purpose licenses), Gross Revenues shall include only the net amount received or retained by the limited partnership from or in respect of the concessionaire (or licensee). For 1997, Gross Revenues shall mean, without duplication, Gross Revenues of the Limited Partner for the period January 1, 1997 to the Effective Date and of the limited partnership from and including the Effective Date through December 31, 1997.
Excluded Revenues. Collectively, to the extent otherwise included, as the case may be, in Gross Food and Beverage Revenues or Gross Hotel Revenues;(1) any rents or other revenues arising from or received by Tenant on account of Restaurant Leases; (2) any expense passthroughs or reimbursements received by Tenant under Subleases; (3) revenues from parking, unless Tenant makes more than fifteen (15) parking spaces available to Hotel guests and/or the general public, or Tenant receives a net profit in any Quarter from off-site parking, in which case net revenues from such on-site parking or such net profits from off-site parking, shall be included in Gross Hotel Revenues for such Quarter, (4) federal, state, district and municipal excise, sales, use, luxury or similar tax, bed taxes, taxes collected directly from patrons or guests as a part of or added to the sales price of any food, beverages, goods, services, rooms or displays, such as gross receipts, room admission, cabaret or equivalent taxes and actually paid by Tenant; (5) cash or credit refunds to customers upon transactions included in Gross Revenues or for cancellations of room reservations;(6) proceeds of any insurance, judgments, settlements or condemnation awards that do not compensate Tenant for loss of income or revenue of any kind from the sale of food and beverage items, the operation of the banquet, public meeting rooms and similar facilities, the rental of hotel rooms, Subleases, restaurants, parking (but such insurance proceeds shall be included in Gross Revenues to the extent compensating for such loss of income or revenue); (7) proceeds from the sale or other disposition (other than food and beverage inventory in the ordinary course of business)of the Hotel or any of the assets used in connection with or forming part of the Hotel; (8) any penalty or fee charged by Tenant for a returned check; (9) amounts written off by Tenant as a bad debt; (10) reimbursement of the amount paid for postage, express or delivery expense (such as room service) provided that such charge is at all times properly segregated from the regular cash price and so identified on Tenant’s records; (12) fees and expenses paid to Affiliates to the extent that the inclusion of such fees and expenses would result in double counting because they have been included as received by Tenant; (13) proceeds from any debt or equity financing or Refinancing; (14) the amount of gratuities actually paid to employees, whether mandatory or otherwise; (15) ...
Excluded Revenues. To the extent received by Buyer or its Affiliates, Buyer shall use its Best Efforts to arrange for the transfer to Seller of all remittances of revenues derived from (i) Accounts Receivable (including accrued revenues) existing as of the Closing Date and (ii) the Discontinued Businesses (“Excluded Revenues”), in each case, by wire transfer or other acceptable means to a Seller designated account as soon as reasonably practicable (and in any event no later than the 15th day of the month following the month in which such revenues were received) after Buyer or its Affiliates receive all information necessary to reconcile all Excluded Revenues received. Buyer shall also provide to Seller copies of explanations of benefits (“EOB”), reports on bank deposits and cash receipts and related billing correspondence on or prior to the 30th day of the month following the month in which such information is received by Buyer or its Affiliates.
Excluded Revenues. With respect to concessions (including for this purpose licenses), Gross Revenues shall include only the net amount received or retained by the limited partnership from or in respect of the concessionaire (or licensee).