GROSS MONTHLY COLLECTIONS Sample Clauses

GROSS MONTHLY COLLECTIONS. The term “Gross Monthly Collections” shall mean the total gross monthly collections received from the Building, including without limitation, base rents, percentage rents and reimbursements or direct payments of taxes, insurance or other charges for which a private tenant is liable under its lease; all payments related to use of parking spaces; and other incidental reimbursements or payments due for use of the Building.
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GROSS MONTHLY COLLECTIONS. The term “
Sample 1
GROSS MONTHLY COLLECTIONS. The term “Gross Monthly Collections” shall mean the total gross monthly collections and revenues received from the Property, including without limitation, base rents, parking revenue, percentage rents and reimbursements or direct payments of taxes, insurance or other charges for which a tenant is liable under its lease; provided, however, that any payment of money by a tenant to Owner or Property Manager in consideration for or in conjunction with a security, rental or other deposit (unless and until actually applied as rent), property insurance loss proceeds, remodeling and above-standard tenant improvement costs (either in the form of an allowance or direct tenant improvement costs) amortized into rent, condemnation proceeds or proceeds received by Owner in connection with the sale of any portion of the Property or the refinancing of any indebtedness secured by a lien on any portion of the Property shall not be included in the Gross Monthly Collections. Any advance rental payments (not to exceed 60 days in advance of their due date, unless otherwise approved in writing by Manager) shall be included in Gross Monthly Collections when received.
Sample 1
GROSS MONTHLY COLLECTIONS. The term "Gross Monthly Collections" shall mean the total gross monthly collections received from the Property, including, without limitation, base rents, percentage rents and reimbursements or direct payments of taxes, insurance or other charges for which a tenant is liable under its lease, payments in connection with the termination, cancellation, expiration, renewal, extension or modification of a tenant's lease, net receipts from the operation or rental of parking facilities and business interruption and rental loss proceeds; provided, however, that any payment of money by a tenant to Owner or Property Manager in consideration for or in conjunction with a security, rental or other deposit (unless and until actually applied as rent), property insurance loss proceeds, remodeling and tenant improvement charge costs, condemnation proceeds or proceeds received by Owner in connection with the sale of any portion of the Property or the refinancing of any indebtedness secured by a lien on any portion of the Property shall not be included in the Gross Monthly Collections. Any advance rental payments (not to exceed 60 days in advance of their due date) shall be included in Gross Monthly Collections when received.
Sample 1
GROSS MONTHLY COLLECTIONS. The term "Gross Monthly Collections" shall mean the total gross monthly collections of rent and tenant reimbursements received from the Property, including only the following: base rents, percentage rents and reimbursements of taxes, insurance or common area maintenance charges for which a tenant is liable under its lease. Gross Monthly Collections shall not include the following: (i) receipts from the operation or rental of parking facilities, (ii) business interruption or rental loss proceeds (but such proceeds shall be included in Gross Monthly Collections during any period of time that more than 50% of the Property is unoccupied as a result of a casualty), (iii) any payment of money by a tenant to Owner or Property Manager in consideration for or in conjunction with a security, rental or other deposit (unless and until actually applied as rent), (iv) payments in connection with the termination, cancellation, expiration, renewal, extension or modification of a tenant's lease, (v) property insurance loss proceeds, (vi) remodeling and tenant improvement charge costs, (vii) condemnation proceeds, (viii) proceeds received by Owner in connection with the sale of any portion of the Property or the refinancing of any indebtedness secured by a lien on any portion of the Property, (ix) direct payments of taxes or insurance by any tenant of the Property, or (x) payments by tenants to a merchant's association or promotional fund. Any advance rental payments (not to exceed 30 days in advance of their due date) shall be included in Gross Monthly Collections when received.
Sample 1
GROSS MONTHLY COLLECTIONS. The term "Gross Monthly Collections" shall mean the total gross monthly collections of rent (including late charges) and tenant reimbursements received from the Property, including only the following: base rents, percentage rents and reimbursements of taxes, insurance or common area maintenance charges for which a tenant is liable under its lease. Gross Monthly Collections shall not include the following: (i) receipts from the operation or rental of parking facilities, (ii) business interruption or rental loss proceeds, (iii) any payment of money by a tenant to Owner or Property Manager in consideration for or in conjunction with a security, rental or other deposit (unless and until actually applied as rent), (iv) payments in connection with the termination, cancellation or expiration of a tenant's lease, and payments in connection with the renewal, extension or modification of a tenant's lease (other than increases in rent associated with such renewal, extension or modification), (v) property insurance loss proceeds, (vi) remodeling and tenant improvement charge costs (except to the extent such costs are included in base rent under any Lease), (vii) condemnation proceeds, (viii) proceeds received by Owner in connection with the sale of any portion of the Property or the refinancing of any indebtedness secured by a lien on any portion of the Property, (ix) direct payments of taxes or insurance by any tenant of the Property to the taxing authority or insurance company, or (x) payments by tenants to a merchant's association or promotional fund. Any advance rental payments (not to exceed 30 days in advance of their due date) shall be included in Gross Monthly Collections when received.
Sample 1

Related to GROSS MONTHLY COLLECTIONS

  • Income Collection Unless otherwise directed by Instruction, the Custodian shall collect any amount due and payable to the Fund with respect to Investments and promptly credit the amount collected to a Principal or Agency Account; provided, however, that the Custodian shall not be responsible for: (a) the collection of amounts due and payable with respect to Investments that are in default or (b) the collection of cash or share entitlements with respect to Investments that are not registered in the name of the Custodian or its Subcustodians. The Custodian is hereby authorized to endorse and deliver any instrument required to be so endorsed and delivered to effect collection of any amount due and payable to the Fund with respect to Investments.

  • Monthly Payments On or before each Transfer Date, the Servicer shall instruct the Trustee in writing (which writing shall be substantially in the form of Exhibit B hereto) to withdraw and the Trustee, acting in accordance with such instructions, shall withdraw on such Transfer Date or the related Distribution Date, as applicable, to the extent of available funds, the amounts required to be withdrawn from the Finance Charge Account, the Principal Account, the Principal Funding Account and the Distribution Account as follows:

  • Data Collection Some downloaded software included in the Materials may generate and collect information about the software and usage and transmit it to Intel to help improve Intel’s products and services. This collected information may include product name, product version, time of event collection, license type, support type, installation status, hardware and software performance, and use. 9.

  • Cost of Collection If default is made in the payment of this Note, Borrower shall pay the Holder hereof reasonable costs of collection, including reasonable attorneys' fees.

  • Master Servicer Collection Account (a) The Master Servicer shall establish and maintain in the name of the Trustee, for the benefit of the Certificateholders, the Master Servicer Collection Account as a segregated trust account or accounts. The Master Servicer Collection Account shall be an Eligible Account. The Master Servicer will deposit in the Master Servicer Collection Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts:

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