Adjusted Gross Revenues definition

Adjusted Gross Revenues means all gross revenues received from the operations of the Properties, not including any non-recurring items (including without limitation refinancing proceeds, sale proceeds, lease buy-outs or similar payments).

Adjusted Gross Revenues shall be defined as Gross Revenues less the following revenues actually received by the Hotel and included in Gross Revenues:

Adjusted Gross Revenues shall be defined as Gross Revenues less the following revenues actually received by the Hotel and included in Gross Revenues: (i) any gratuities or service charges added to a customer's xxxx; (ii) any credits or refunds made to customers, guests or patrons; (iii) any sums and credits received by Owner for lost or damaged merchandise; (iv) any sales taxes, excise taxes, gross receipt taxes, admission taxes, entertainment taxes, tourist taxes or charges; (v) any proceeds from the sale or other disposition of the Hotel, furnishings and equipment or other capital assets; (vi) any fire and extended coverage insurance proceeds; (vii) any condemnation awards; (viii) any proceeds of financing or refinancing of the Hotel; and (ix) any interest on the Bank Account(s).

Examples of Adjusted Gross Revenues in a sentence

• If such accruals do not exceed the actual amounts due in respect of real estate taxes and insurance premiums but Owner and Manager agree in writing, the tax and insurance accruals on deposit may be used from time to time to pay operating costs if Adjusted Gross Revenues are not otherwise sufficient to pay such operating costs.

• For purposes of this section, the term "Gross Operating Profit" shall mean the amount, if any, by which Adjusted Gross Revenues for any calendar year exceed operating costs for such calendar year.

• The Base Management Fee for any period less than a full 12-month Fiscal Year shall be paid on the basis of Adjusted Gross Revenues in that period.

• Professional Business Manager shall be the owner and beneficiary of any such insurance, although the Parties hereby agree that the proceeds of any such insurance shall be paid to the Account as Adjusted Gross Revenues unless the Parties agree to a specific split of the proceeds.

• The charges levied from service providers are usually referred to as Spectrum charges and are calculated either as a percentage of their Adjusted Gross Revenues depending up on at the quantum of spectrum assigned for their network (Commercial VSAT licence) or at flat rates or on the basis of formulae.

More Definitions of Adjusted Gross Revenues

Adjusted Gross Revenues means Gross Revenues remaining after the deduction therefrom on a continuing basis of the following in the order set forth below: (a) Producer's "Distribution Fees" as set forth below;

Adjusted Gross Revenues means Employer's Gross Revenues from sales of the products, less all of the following:

Adjusted Gross Revenues means all revenues received by Operator at the Venue, including all ticket sales receipts, ticket rebates, facility fees, VIP services, net food and beverage sales, promoter profit, net venue commission from Artist merchandise sales, parking, event rental fees, Parking Fees and sponsorship fees, net of any and all applicable sales taxes and/or commissions. Adjusted Gross Revenues shall not include monies collected for the benefit of and paid to third parties – e.g., co-promoters or gratuities for Operator’s personnel.

Adjusted Gross Revenues means in respect of any particular Fiscal Year, the revenues of the Limited Partnership for that year determined in accordance with GAAP, including revenues received or receivable pursuant to the PPA, which revenues, for greater certainty, will already have been reduced by all charges under the PPA, but for the purpose of this definition only, transmission charges pursuant to section 3.2 of the PPA will be added back, less:

Adjusted Gross Revenues shall be defined as gross revenues in accordance with GAAP, as disclosed in Tenant’s Audited Financial Statement, however, deferred revenues and backlog assumed in acquisitions at fair value which would otherwise be excluded from gross revenues in accordance with GAAP, shall be included in Adjusted Gross Revenues.

Adjusted Gross Revenues means Bovie’s gross sales (the gross amount billed Bovie customers inclusive of distributors) of the Products on account of the sale or delivery for use of the Products and any other device that substantially embodies the Inventions and work performed by Consultants hereunder less (i) shipping costs and (ii) commissions payable to third parties (not including employees, consultants or contractors of Bovie) (iii) returns, and (iv) royalty payable on demo models supplied.

Adjusted Gross Revenues means an amount equal to all xxxxxxxx for medical services, ancillary charges, facility charges, and supplies, less discounts and bad debt allowance.