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: (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).

Adjusted Gross Revenues means Gross Revenues remaining after the deduction therefrom on a continuing basis of the following in the order set forth below:

Examples of Adjusted Gross Revenues in a sentence

• Adjusted Gross Revenues will be subject to a 1% surcharge, which Operator will be permitted to assess as a patron “pass-through” on the sale of tickets, merchandise, concessions, etc.

• Parking/Facility Fees pursuant to the Development Plan shall be included as Adjusted Gross Revenues and expenses related to the parking operations for Events shall be Venue Expenses.

• In the event of an opt-out, Operator shall be entitled to retain all Event Profits and be solely responsible for the Event Losses related to such Music Event, as the case may be, and such revenues and expenses shall not be included in Adjusted Gross Revenues or Venue Expenses.

• The Restaurant Building is not intended to be part of the Venue; provided however that the Terraced Suites shall be part of the Venue for all purposes, including Operator’s exclusivity, operations and ticketing, the Base Fee, Venue Expenses and Adjusted Gross Revenues (each as defined herein).

• Operator shall be responsible for collecting all Adjusted Gross Revenues and paying all Venue Expenses in a in a timely manner so as to ensure that there is no material and adverse impact on the operation of the Premises.

More Definitions of Adjusted Gross Revenues

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

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 all revenues received by Operator including, without limitation, 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/Facility Fees (defined below) 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 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 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 gross revenues of the Company from any Re-run minus the sum of (i) production costs, (ii) marketing costs and (iii) distribution costs; provided that if such Re-run includes programming other than New Programming, the portion of Adjusted Gross Revenues which is attributable to New Programming shall be determined on a fair and equitable basis approved by the Founder.