Gross Rentals. (Definition): The term "Gross Rentals" shall include all rental income received from occupancy of the property covered under this agreement and if applicable insurance payments for lost rent. "Gross Rentals" shall not include tenant screening fees, application fees, or amounts collected as security deposits.
Gross Rentals. For purposes of this Section 10.1, the "Gross Rentals" from the operation of the Property for any month shall include all sums which Owner actually receives under Leases for such month (including Specialty Leasing Income, as hereinafter defined) including without limitation, as fixed minimum rent (as the same may be increased under any Lease by any consumer price index or other escalation), percentage rent, percentage rent in lieu of fixed minimum rent, late rental payment penalties under Leases, payments resulting from tax, common area maintenance, insurance, any other expense escalation or pass-through clause in leases, amounts recovered on claims made against Tenants for defaults under Leases, Termination Fees (as defined below), and miscellaneous income; but specifically excluding: security deposits, the proceeds of property sales, proceeds of insurance claims, cancellation fees, payments for physical installations, tenant improvements or "finish work", interest income and proceeds derived from an extraordinary or non-recurring event (including the proceeds of asset sales, including, without limitation, the sale of out parcels, or any real property, or litigation). Any fees payable by Tenants upon exercise of a "kick-out" option (as those items are provided for in the Lease) and that are payable to Owner in addition to all rentals otherwise due and payable pursuant to the Lease shall be deemed "Termination Fees", provided the fees do not represent unamortized tenant or landlord work or allowances, brokerage fees or other installation costs. If this agreement is terminated pursuant to Article 2, other than on account of Manager's default, then Gross Rentals from the operation of the Property shall include the charges described in the preceding paragraph which have been incurred and are past due and percentage rents which are due for the period prior to the date of termination of this Agreement, as and only to the extent such charges are subsequently collected by Owner within ninety (90) days of being due. In the event there is an adjustment under a Lease of any item of rent which was theretofore included (or, if applicable, excluded) from Gross Rentals from the operation of the Property, provided this Agreement was not terminated on account of Manager's default, Owner and Manager shall make an appropriate recalculation of the fee payable pursuant to Section 10.1(a) and, if there shall have been an overpayment, Manager shall promptly return the amount th...
Gross Rentals. The money paid or payable to the participant by tenants in respect of rentals at the premises and for the services rendered.
Gross Rentals. The cover under this item is limited to loss of Gross Rentals and Increase in Cost of Working and the amount payable as indemnity hereunder shall be:
