Other Revenues Sample Clauses
Other Revenues. Revenues from Property operations (other than Rents (which shall be prorated as provided in Subsection 6.1.1), security deposits (which will be apportioned as provided in Section 6.6), and pre-paid installments or other payments under Contracts (which shall be the sole property of Seller)) that are actually collected shall be prorated between Buyer and Seller as of 12:01 a.m. on the Closing Date. Seller shall be entitled to all such revenues attributable to any period to but not including the Closing Date and Buyer shall be entitled to all such revenues attributable to any period on and after the Closing Date.
Other Revenues. Subject to ss.5.01(b)(4)(a), the Managing General Partner and the Participants shall share in all other Partnership revenues in the same percentage as their respective Capital Contribution bears to the total Partnership Capital Contributions, except that the Managing General Partner shall receive an additional 7% of Partnership revenues. However, the Managing General Partner's total revenue share may not exceed 35% of Partnership revenues. For example, if the Managing General Partner contributes 25% of the total Partnership Capital Contributions and the Participants contribute 75% of the total Partnership Capital Contributions, then the Managing General Partner shall receive 32% of the Partnership revenues and the Participants shall receive 68% of the Partnership revenues. On the other hand, if the Managing General Partner contributes 30% of the total Partnership Capital Contributions and the Participants contribute 70% of the total Partnership Capital Contributions, then the Managing General Partner shall receive 35% of the Partnership revenues, not 37%, because its revenue share cannot exceed 35% of Partnership revenues, and the Participants shall receive 65% of Partnership revenues.
Other Revenues. Subject to §5.01(b)(4)(a), the Managing General Partner and the Participants shall share in all other Partnership revenues in the same percentage as their respective Capital Contribution bears to the Partnership’s total Capital Contributions, except that the Managing General Partner shall receive an additional 10% of Partnership revenues. For example, if the Managing General Partner contributes 15% of the Partnership’s total Capital Contributions and the Participants contribute 85% of the Partnership’s total Capital Contributions, then the Managing General Partner would receive 25% of the Partnership revenues and the Participants would receive 75% of the Partnership revenues.
Other Revenues. All revenues earned by Sellers from the operation of the Hotels other than Room Revenues, including, without limitation, revenues from the sale of food, the sale of alcoholic and nonalcoholic beverages, rental of meeting and banquet rooms, telephone sales, pay television sales, valet and parking services, and other similar revenues, together with any sales tax or other taxes thereon.
Other Revenues. Revenues from Property operations (other than Rents (which shall be prorated as provided in Subsection 6.1.1), including, but not limited to, pet rents, garage rentals and laundry rentals (if any) that are actually collected shall be prorated between Buyer and Seller as of 12:01 a.m. on the Closing Date. Seller shall be entitled to all such revenues attributable to any period up to, but not including the Closing Date, and Buyer shall be entitled to all such revenues attributable to any period on and after the Closing Date. After Closing, Buyer shall make a good faith effort for a period not less than six (6) months to collect any such revenues not collected as of the Closing Date on Seller’s behalf and to tender the same to Seller upon receipt (which obligation of Buyer shall survive the Closing and not be merged therein); provided, however, that all such other revenues collected by Buyer on or after the Closing Date shall first be applied to all amounts that may be due from such payor to Buyer at the time of collection with the balance (if any) payable to Seller, but only to the extent of amounts delinquent and actually due to Seller. Seller agrees that the invoicing of delinquent payors on a monthly basis shall constitute a good faith effort and Buyer shall not be obligated to enforce its rights under the agreements pursuant to which such revenues are due, or threaten such enforcement, or to bring any proceedings in a court of law or in equity. Buyer shall not have an exclusive right to collect such revenues, and Seller hereby retains its rights to pursue any parties for sums due Seller for periods attributable to Seller’s ownership of the Property; provided, however, that Seller (i) shall be required to notify Buyer in writing of its intention to commence or pursue such legal proceedings; (ii) shall only be permitted to commence or pursue any legal proceedings after the date which is three (3) months after Closing and shall commence such proceeding, if at all, prior to the 1st anniversary of the Closing Date; and (iii) to the extent any such delinquent payor is a tenant at the Property, shall not be permitted to commence or pursue any legal proceedings against such tenant seeking eviction of such tenant or the termination of the underlying lease. The terms of the immediately preceding sentence shall survive the Closing and not be merged therein.
Other Revenues. The Contractor certifies that work to be performed under this Contract will not duplicate any work to be charged against any other contract, subcontract or other source. Revenues generated by the Contractor from other funding sources (e.g., donations, fund-raising) under this program, including fees collected from low income patients, shall be separately identified and recorded as project income. These funds shall be used exclusively to provide increased levels of service.
Other Revenues. 19 ARTICLE 7.
Other Revenues. (a) The name designated for the System is the “Allentown Water and Sewer System”.
(b) The City retains the exclusive naming rights with respect to the System and the exclusive right to register and own the naming rights as the “Allentown Water and Sewer System,” including the right to sell or lease any naming rights for the System, or any portion of the System, to any third party; provided that, during the Term, without the prior consent of the Concessionaire (which shall not be unreasonably withheld), the City shall not grant any third party the right to change the name of the System. Any action taken by the City pursuant to this Section 3.15(b) is not a Compensation Event or an Adverse Action. The City shall not use or permit to be used any name or xxxx in connection with the System that may reasonably be odious or offensive to the Concessionaire or otherwise be reasonably likely to result in negative association by the general public.
(c) The City grants to the Concessionaire a non-exclusive, non-transferable, royalty-free license during the Term to use the name “Allentown Water and Sewer System”, together with all existing and future developed logos and marks (not including the City seal) used in connection with the System Operations, solely in connection with the performance of the Concessionaire’s rights and obligations under this Agreement. The Concessionaire may sub-grant the same right to the Operator and vendors with operations within the boundaries of the System.
(d) The City shall retain the right to solicit for advertisements at the System properties and to retain as Other Revenues any moneys derived from the sale of advertisements. The City shall not permit any such advertisement that may reasonably be odious or offensive to the Concessionaire or otherwise be reasonably likely to result in negative association by the general public.
(e) The City shall retain the right to solicit and enter into agreements related to, and retain as Other Revenues any moneys derived from, attachments to the System properties that are not required for System Operations, including all such agreements existing on the Closing Date. After the Bid Date, the City shall not permit any new attachment to the System properties that may interfere with the operation of the System, and all costs related to the installation and maintenance of attachments shall be at the sole cost and expense of the City.
Other Revenues. In the event that Allelix or an Allelix Affiliate receives an up front payment from a Third Party for any rights (including intellectual property or marketing rights) for Product(s) or Agreement Compound(s), Aurora may elect one of the following payment schedules:
(i) Aurora will receive the milestone payments, as those milestones are satisfied according to Section 6.1; or
(ii) Aurora will receive *** of any up front payment (including cash, payment in kind, equity in such Third Party, premium on equity purchased by such Third Party or any other form) by a Third Party to Allelix or an Allelix Affiliate for any rights (including intellectual property or marketing rights) for Product(s) or Agreement Compound(s). Provided, however, Allelix shall not be obligated to pay Aurora any portion of any up front payment paid to Allelix or an Allelix Affiliate by a Third Party specifically allocated to the future research and development of such Product(s) or Agreement Compound(s); provided, further, that Allelix shall not be obligated to pay Aurora any milestone payment under Section 6.1 that is due after the date Aurora receives such up front payment under this Section 6.2.5 (ii) and that any milestone payments paid by Allelix to Aurora for such Product(s) or Agreement Compound(s) under Section 6.1 prior to Aurora receiving such up front payment under this Section 6.2.5 (ii) shall be deducted from such up front payment to be paid by Allelix to Aurora. Allelix will report in writing to Aurora the amount of any such up front payment within fifteen (15) days of receiving such payment. After receipt of such report, Aurora will notify Allelix in writing of its election under this Section 6.2.5 within fifteen (15) days.
Other Revenues. Revenues from Property operations [other than Rents (which shall be prorated as provided in Subsection 6.1.1), security deposits (which will be apportioned as provided in Section 6.6), and pre-paid installments or other payments under Contracts (which shall be the sole property of Seller)] that are actually collected shall be prorated between Buyer and Seller as of 12:01 a.m. on the Closing Date. Seller shall be entitled to all such revenues attributable to any period to but not including the Closing Date and Buyer shall be entitled to all such revenues attributable to any period on and after the Closing Date. After Closing, Buyer shall make a good faith effort to collect any such revenues not collected as of the Closing Date on Seller’s behalf and to tender the same to Seller upon receipt (which obligation of Buyer shall survive the Closing and not be merged therein). Buyer shall not have an exclusive right to collect such revenues and Seller hereby retains its rights to pursue claims against any parties for sums due with respect to periods prior to the Closing Date.