Operating Revenue. The fee to be paid to the TRC under Article 2.2 of the License Agreement shall be net of service tax and calculated based on the operating revenues of the Licensee. The operating revenues are calculated after the deduction of the balance of amounts due to other interconnected licensees and international carriers, in respect of interconnecting capacity and/or traffic between the Licensee and these operators and in accordance with the following formula: Operating Revenue = A + (B - C), where
A: Total annual sales of the Licensed Activities to the Licensee’s Customers net of service tax.
B: The annual aggregate receivables from international carriers and interconnected licensees for the interconnection capacity or traffic originating from their customers and destined to Customers on the Licensee’s network.
C: The annual aggregate payables by the Licensee to international carriers and interconnected licensees for interconnection capacity or the traffic originating from the Licensee’s network and destined to the customers of the international carriers or licensees.
Operating Revenue. “Operating Revenue” means all income or revenues generated by, derived from, attributable to, or related to the operation of transit services under this Agreement, regardless of the date of collection, including, without limitation, passenger fares, passenger donations, and revenue from any other sources made available to Contractor from the transit services provided by Contractor. Operating Revenue does not include payments from the City under this agreement.
Operating Revenue. Section 3.11 of FrontierVision's Disclosure Schedule sets forth the approximate "Operating Revenue" of the Systems on a consolidated basis as of the date indicated therein, as "Operating Revenue" is defined therein.
Operating Revenue. During the term of this agreement, all revenue and cash collections from patients, third-party payers, including, but not limited to, Medicaid and Medicare, and all other sources billed and collected by CPGH, Inc., and arising out of or related to services rendered during the term of this agreement, or any renewal or extensions thereto, shall first be used by Lessee/Operator to pay the usual and customary expenses of operating the Medical Facilities leased and programs operated by CPGH, Inc. for the Service Area pursuant to this agreement, and the expenses of compliance with the terms and conditions of this agreement. CPGH, Inc. shall maintain an operating reserve of not more than ninety (90) days cash on hand (“the operating reserve amount”). For purposes of the operating reserve amount, “cash on hand” is calculated based on the “days cash on hand ratio” used in the health care industry. On a quarterly basis, CPGH, Inc. shall transfer all accumulated revenues in excess of the operating reserve amount to the paragraph 13(b)
Operating Revenue. Cubs will have the exclusive right to sell and retain all revenue from tickets, suites and all other admissions charges, concessions, retail sales, merchandise, sponsorships, advertising, signage, parking and any other revenue of any sort generated from the Stadium and the Ancillary Stadium Facilities and, to the extent related to Cubs, the Other Facilities, subject to current sales taxes.
Operating Revenue. Xxxxxxxxx County shall serve as fiscal agent for the Commission. The Commission shall prepare an annual budget and submit same, along with any funding requests, to the governing board of each participating unit on or before February 1 of each year for consideration in the upcoming fiscal year's budget. Funding of the Commission requests shall be at the discretion of each participating unit from year to year. It is specifically noted that it is the preference of the participating governmental units that all funding requests be made in accordance with this Section VIII.
Operating Revenue. 563,502 285 ---------- 599,553 955 ---------- 539,105 263 ---------- 534,390 50,162 ---------- 565,010
Operating Revenue with respect to any period of time following the Opening Date, all receipts, revenue and income of any kind derived directly from the operation of the Venues, and properly attributable to such period determined in accordance with GAAP and the Uniform System, expressly including, without limitation, all revenue from private or special events at the Managed Facilities or in connection with the Venues (including, without limitation, in connection with the Catering Service and the Delivery Service, whether or not off-site), revenues from merchandise sales and revenues from special events that are supported by the Venues, including music or entertainment revenues not payable to unrelated third parties (including revenues derived from food and beverage sales at special events booked directly by Hotel Operator and/or Owner but solely in the event that Manager provides support and services for such special events); all Room Charges in accordance with Section 5.5.1; and room rental fees derived from the rental of specific rooms of the Managed Facilities or Venues for private or special events, but in all events expressly excluding the following (without duplication as to any of the following): (i) any interest earned on Operating Revenue deposited in bank accounts; (ii) gratuities, service charges, and tips added to customers’ bills, checks, invoices, or statements which are paid or payable to employees of the Venues; (iii) the amount of any local, regional, national, excise, luxury, sales, hospitality, “bed tax”, value added, use or other similar taxes imposed by a Governmental Authority and collected from customers or invitees, or as part of the sales price of any goods, services or displays, including gross receipts, cabaret and similar taxes; (iv) any funds furnished by Owner to pay Operating Expenses or other costs necessary to operate the Venues (as opposed to Operating Revenues); (v) monies received from any sale, financing or mortgage of the Hotel, FF&E, or OS&E; (vi) amounts representing the discounted (or complimentary) portion of the cost of meals provided as compensation to Venues Personnel; (vii) the attributed value of all Manager Complimentaries; (viii) the attributed value of Owner Complimentaries not to exceed Two Thousand Five Hundred Dollars ($2,500.00) per month; provided, however, that the (A) retail value of all Owner Complimentaries below $2,500.00 per month shall be offset by the cost of goods sold corresponding to such Owner Complimentaries...
Operating Revenue. 2.1.1 As used herein, the term Operating Revenue shall mean and refer to all revenue received by City of Raleigh during the term of this Contract as a direct result of the operation of the Wake Forest Circulator Transit Service and any revenue received by the City of Raleigh in the form of guaranteed passes and passenger fares specifically designated for the operation of the Wake Forest Circulator Transit Service.
2.1.2 Operating revenues shall be generated from farebox revenues or from GoPass Contracts between the Town and the City.
2.1.3 The City shall retain all fares received as operating revenue in support of the service. In the event additional fares are collected beyond the total cost of the service, a proportional refund (percentage based on the Town’s individual financial commitment compared to the total financial participation) will be provided to the Town.
Operating Revenue. The DRCS shall be operationally funded pursuant to Section 228.053, Florida Statutes, and other applicable sections. The basis of the operational funding shall be the sum of the DRS operating funds from the Florida Education Finance Program (FEFP) as provided in Section 236.081, Florida Statutes, and the General Appropriations Act and all applicable categorical funds, grants and other funds. The DRCS through the FSUS, Inc. shall be responsible for collecting and reporting data necessary to project, receive and account for state and other funds. The FSUS, Inc. shall develop and administer whatever policies and procedures are necessary to ensure compliance with applicable state financing statutes, 228.053 (9), rules or requirements and generally accepted accounting practices.
