Revenue Distributions. Seller shall be entitled to all Net Revenues earned (on an accrual basis) as called for under the Prior Management Agreements for all periods prior to the Closing Date. Seller has not directly or indirectly received any prepayment or distribution of Net Revenues or other distributions (including casualty payments) for any period on or after the Closing Date. As of the Closing Date, Seller has paid or satisfied all prior operating deficit balances relating to periods of allocated expenses in excess of allocated revenues, and there are no accrued deficits which could be offset against Net Revenues allocable to Buyer hereunder.
Revenue Distributions. Seller shall be entitled to all Net Revenues earned (on an accrual basis) as called for under the Lease Agreements for all periods prior to October 1, 2006. Seller has not directly or indirectly received any prepayment or distribution of Net Revenues or other distributions (including casualty payments) for any period on or after October 1, 2006. Seller has no liability under the Lease Agreements for any operating deficit balances relating to periods prior to the Effective Date, and there are no accrued deficits which could be offset against Net Revenues allocable to Buyer hereunder.
Revenue Distributions. (1) Seller shall retain the responsibility for distribution of revenues attributable to production prior to Closing. Such distribution shall be conducted by Seller through Seller's sales cutoff during the second month following the month of Closing.
Revenue Distributions. Transferor has timely received all regularly scheduled distributions of Net Revenues called for under the Prior Management Agreements for all periods on or prior to September 30, 2000 (and shall be entitled to all distributions of Net Revenues, in accordance with the Prior Management Agreements, for the period from September 30, 2000 to November 30, 2000). Transferor has delivered to Transferee complete copies of all reports from Cronos U.K. regarding performance of the Containers for the nine months ended September 30, 2000. Transferor has not directly or indirectly received any prepayment or distribution of Net Revenues or other distributions (including casualty payments) for any period subsequent to November 30, 2000. As of the Closing Date, Transferor has paid or satisfied all prior operating deficit balances relating to periods of allocated expenses in excess of allocated revenues, and there are no accrued deficits which could be offset against Net Revenues allocable to Transferee hereunder.
Revenue Distributions. Transferor has timely received all regularly scheduled distributions of Net Revenues called for under the Prior Management Agreements for all periods on or prior to September 30, 2000 (and shall be entitled to all distributions of Net Revenues, in accordance with the Prior Management Agreements, for the period from September 30, 2000 to November 30, 2000). Transferor has delivered to Transferee complete copies of all reports from Cronos U.K. regarding performance of the Containers for the nine months ended
Revenue Distributions. 4 5.10 REMARKETING ARRANGEMENTS; BARGAIN-PURCHASE OPTIONS...............5 5.11 NOTICES..........................................................5 6.
Revenue Distributions. Transferor has timely received all regularly scheduled distributions of Net Revenues called for under the Prior Management Agreements for all periods on or prior to September 30, 2000 (and shall be entitled to all distributions of Net Revenues, in accordance with the Prior Management Agreements, for the period from September 30, 2000 to November 30, 2000). Transferor has delivered to Transferee complete copies of all reports from Cronos U.K. regarding performance of the Containers for the nine months ended 4 <PAGE> 9 September 30, 2000. Transferor has not directly or indirectly received any prepayment or distribution of Net Revenues or other distributions (including casualty payments) for any period subsequent to November 30, 2000. As of the Closing Date, Transferor has paid or satisfied all prior operating deficit balances relating to periods of allocated expenses in excess of allocated revenues, and there are no accrued deficits which could be offset against Net Revenues allocable to Transferee hereunder. 5.10
Revenue Distributions. 6.1 Revenue shall mean all payments received by the Hotel or Nex for use of the System in a given period, after providing for any necessary refunds. The parties shall share the Revenue as follows – 85% to Nex and 15% to the Hotel.
Revenue Distributions. (1) Assignor shall transfer, assign and deliver to Assignee all suspense funds (with the reason why such funds are held in suspense) associated with the KMG Purchase Properties and the UXP Purchase Properties, as applicable, as an adjustment under the Final Settlement Statement.
Revenue Distributions. Seller shall be entitled to all Net Revenues earned (on an accrual basis) as called for under the Prior Management Agreements for all periods prior to the Effective Date. Seller has not directly or indirectly received any prepayment or distribution of Net Revenues or other distributions (including casualty payments) for any period on or after the Effective Date. As of the Closing Date, Seller will have paid or satisfied all prior operating deficit balances relating to allocated expenses in excess of allocated revenues for periods prior to the Effective Date, and, as of the Closing Date, there shall be no accrued deficits which will offset the Net Revenues allocable to Buyer hereunder.
