Revenue From Operations. Activities other than Telecom Operations/ Activities as well as revenue from activities under a license from Ministry of Information and Broadcasting
Revenue From Operations. With respect to each Property, all revenues from Hotel operations, including, without limitation, guest room rentals, revenue from the minibars (if any), banquet rooms rentals, vending machines, coin telephones, and other income-producing equipment arising through 12:01 a.m. EST on the Closing Date (“Cut-Off Time”) shall be a credit to the RLJ REITs. All revenues from Hotel operations, including, without limitation, guest room rentals, revenue from the minibars (if any), banquet rooms rentals, vending machines, coin telephones, and other income producing equipment arising after the Cut-Off Time shall belong to Parent. Revenue from guest room rentals for the evening before the Closing Date through to the day of the Closing Date shall be credited one-half (1/2) to the RLJ REITs and one-half (1/2) to Parent. All prepaid rentals, room rental deposits, and all other deposits for advance reservations and Bookings for the period after the Cut-Off Time, shall be credited to Parent.
Revenue From Operations. As to the Hotel, all revenues from operations, including, without limitation, guest room rentals, revenue from the minibars (if any), banquet rooms rentals, vending machines, coin telephones, and other income-producing equipment arising through 12:01 a.m. California time on the Close of Escrow (the “Cut-Off Time”) shall belong to Seller. All revenues from operations, including, without limitation, guest room rentals, revenue from the minibars (if any), banquet rooms rentals, vending machines, coin telephones, and other income producing equipment arising after the Cut-Off Time shall belong to Purchaser. Revenue from guest room rentals for the evening before the date of the Close of Escrow through to the day of the Close of Escrow shall be divided equally between Seller and Purchaser. All prepaid rentals, room rental deposits, and all other deposits for advance reservations and Bookings for the period after the Cut-Off Time, shall be credited to Purchaser.
Revenue From Operations. 21 5.5.5 Accounts Payable and Operating Expenses.............. 21 5.5.6 Miscellaneous Permits and Taxes...................... 21 5.5.7 Contracts and Tenant Leases.......................... 21 5.5.8 Other Income......................................... 21
Revenue From Operations. The revenues from the operations of ThemeWare will remain with ThemeWare and be administered by Shanecy pursuant to this Agreement and the attached Term Sheet.
Revenue From Operations. With respect to each Property, all revenues from Facility operations accruing or relating to the period up to and including 11:59 p.m. EST on the day immediately preceding the Closing Date (“Cut-Off Time”) shall belong to Seller. All revenues from Facility operations accruing or relating to the period after the Cut-Off Time shall belong to Purchaser. Without limiting the foregoing, it is the agreement and intent of the parties that all revenues shall be prorated as of the Closing Date.
Revenue From Operations. In the event, for any reason, the Transaction does not close, the revenues, profits and losses from the operations of the Business of the Company will remain with the Company and the Management Services of Purchaser pursuant to this Agreement shall terminate.
Revenue From Operations. All revenues from operations, including, without limitation, guest room rentals, revenue from the mini-bars (if any), banquet rooms rentals, vending machines, coin telephones, and other income-producing equipment arising on the date of Closing shall belong to Seller.
