Xxxxx Revenue. “Gross Revenue” shall be defined as follows:
Xxxxx Revenue. This term means all monies, amounts, sums or funds, paid, payable, owed or accrued to, or billed or received by the Applicant from an Airport Passenger under the Airport Contract for Off-Airport Parking or vehicle storage, including transportation to and from the Airport. The term does not include the amounts of any federal, state, or municipal taxes collected now or hereafter levied or imposed. Not applicable to Transportation Network Companies.
Xxxxx Revenue. The Company has been awarded grants related to the development of its Scottish operations. Grant funds are earned as certain milestones are met, and are being amortized over two to five-year periods based on the dates of the grant.
Xxxxx Revenue. Sales means the total revenue derived from the Facility (including, but not limited to, revenue derived from the sale of food, beverages, merchandise, or advertising; and product placement or promotional fees), less any sales tax thereon.
Xxxxx Revenue. Licensee must be a Person who receives less than, and is not a subsidiary or affiliate of a Person who receives more than, $10 million U.S. Dollars per year in Gross Revenue as of the Effective Date. If you are creating the Work for a third party, that third party also may not make more than $10 million U.S. Dollars per year in Gross Revenue.
Xxxxx Revenue. Contractor agrees to pay the City rent for the kitchen, and gas and electric usage, in the form of commission based on gross revenues. As used herein “Gross Revenues” shall mean the aggregate amount of all food, beverage, alcohol and concession sales and services rendered by the Contractor.
Xxxxx Revenue. All revenues, income and receipts of the Concessionaire, on an accrual basis, owed to or received by the Concessionaire from sales or other business at, from or related to the Airport.
Xxxxx Revenue. All revenue received either directly or indirectly, by the supplier or its affiliated entities, from providing cable services over the communications system and attributable to the operation of the cable system, including but not limited to basic subscriber and additional service, monthly fees, pay cable fees, installation and reconnection fees, leased channel fees, converter or other equipment rentals, studio rentals, production equipment and personnel fees, and advertising revenues and home shopping commissions; provided however, that gross revenue shall not include bad debt, taxes or copyright fees on services furnished by the supplier herein imposed directly upon any subscriber or user by the state, local or other governmental unit and collected by the supplier on behalf of said governmental unit.
Xxxxx Revenue. All revenues and income of any nature derived directly or indirectly from the Courses or from the use or operation thereof, including green fees, gross sales proceeds from the sale of green fees, memberships or annual passes to the Courses, monthly dues from annual pass holders of the Courses, rental fees for golf carts, golf Courses and other rental items, net lesson fees, range balls, merchandise sales, restaurant/concession stand sales, income or interest derived from the Courses bank account, and the proceeds paid for any business interruption, use, occupancy or similar insurance policy claim. Excluded from “Gross Revenue” are any credits or refunds made to customers, guests or patrons; any sums and credits received by Owner for lost or damaged merchandise; any sales taxes, excise taxes, gross receipt taxes, admission taxes, entertainment taxes, amusement taxes, tourist taxes or charges; any proceeds from the sale or other disposition of the Courses, Furniture, Fixtures & Equipment (FF&E), or other capital assets; any property and/or liability insurance proceeds; any proceeds of financing or refinancing of the Courses; and amounts contributed by Owner pursuant to the terms of this Agreement. Gross Revenues shall be determined on an accrual basis and in accordance with generally acceptable accounting principles (“GAAP”).
Xxxxx Revenue. This category of Incentive Fee Measure is assigned a Weighted Incentive Fee Percentage of 40%. As part of City’s annual budgeting process and the approval of the Operating Budget, Operator and City will mutually agree on a target Gross Revenue from the operation of the Facilities. In connection with the process for approving the Operating Budget, and subject to the mutual agreement of the parties, the components of the Sample Income Statement may be modified during the annual budget process, in which event the modified form of Sample Income Statement shall be effective under the Approved Operating Budget for the subsequent fiscal year. The revenue for calculating Gross Revenue will consist of those revenues from operation of the Facilities listed above the “Total Revenue” line of the sample form of income statement included as Schedule 4.8 (b) (the “Sample Income Statement”), and will not include revenue billed by the Operator on behalf of other vendors providing services to clients of the Facilities. Fund transfers from the CVB Budget shall not be included in Total Revenue. Revenues associated with the Convention Center Parking Garage will not be included in the calculation of the Gross Revenue, nor will Transient Occupancy Tax receipts which are deposited in the Convention and Cultural Affairs Fund for the year which is being measured.
