Common use of Gross Income Clause in Contracts

Gross Income. All cash receipts derived from the operation of any Property, excluding (i) tenant security deposits unless and until such deposits are forfeited upon a tenant default and (ii) proceeds from insurance claims, condemnation proceedings, sales or refinancings.

Appears in 22 contracts

Samples: Advisory Agreement (Griffin-American Healthcare REIT III, Inc.), Advisory Agreement (Griffin-American Healthcare REIT III, Inc.), Advisory Agreement (Griffin-American Healthcare REIT III, Inc.)

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Gross Income. All cash receipts derived from the operation rental of any Property, excluding (i) tenant security deposits unless and until such deposits are forfeited upon a tenant default and (ii) proceeds from insurance claims, condemnation proceedings, sales or refinancings.

Appears in 6 contracts

Samples: Advisory Agreement (Griffin-American Healthcare REIT IV, Inc.), Advisory Agreement (Griffin-American Healthcare REIT IV, Inc.), Advisory Agreement (Griffin-American Healthcare REIT IV, Inc.)

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