Adjusted Operating Revenues definition
Adjusted Operating Revenues means Operating Revenues as determined and adjusted by the Administrative Agent in accordance with its then current audit policies and procedures.
Adjusted Operating Revenues means Operating Revenues after giving effect to any adjustments applicable pursuant to Section 11.1(d) at the time Business Criteria and Performance Target(s) are established for any Year or Years.
Adjusted Operating Revenues means Operating Revenues as determined and adjusted by Lender in accordance with its current audit policies and procedures.
More Definitions of Adjusted Operating Revenues
Adjusted Operating Revenues for any period means the Company’s consolidated operating revenues for such period, adjusted to reflect the value of the Company’s commodities inventory on a marked to market basis and changes in estimated values of forward commitments to purchase and sell commodities.
Adjusted Operating Revenues shall have the meaning assigned to it in Section 6.01 of the Management Agreement.
Adjusted Operating Revenues for any period means the Company's consolidated operating revenues for such period, adjusted to reflect the value of the Company's commodities inventory on a marked to market basis and changes in estimated values of forward commitments to purchase and sell commodities.
Adjusted Operating Revenues means the Operating Revenues, adjusted by (i) adjustment to include any periodic or seasonal changes in Operating Revenues occurring outside the Stabilization Period, (ii) adjustments to Operating Revenues to exclude amounts attributable to occupancy in excess of 10% and (iii) the underwriting assumptions used by Bondowner Representative as of the date hereof. Rents used in calculating Adjusted Operating Revenues will include only actual rents collected pursuant to Acceptable Leases and may not include premiums (excess rent above typical rent for a standard unit with a standard term lease) derived from corporate units (units rented to business entities), furnished units, short term leases or similar factors. 'AHAP" means that certain Agreement To Enter Into Housing Assistant Payments Contract dated by and between Borrower and Contract Administrator, pursuant to which Contract Administrator agrees to enter into a Section 8 Housing Assistance Payments Contract upon completion of construction of the Project, providing for housing assistance payments for thirty- nine (39) of the forty (40) units in the Project with a term of at least 15 years, and otherwise in a form and substance approved by Bondowner Representative in connection with the closing of the Loan.
Adjusted Operating Revenues means Underwritten Revenues, as determined and adjusted by Administrative Agent in accordance with its then current audit policies and procedures.
Adjusted Operating Revenues means the Adjusted Operating Revenues calculated in accordance with the same methodology used to calculate such named Non-GAAP metric as reported in the Company’s Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission; provided that such Adjusted Operating Revenues shall be further adjusted for the non-cash items. identified in the Adjusted net income table set forth therein in the subsection titled “Reconciliation of Non-GAAP Measures,” but only to the extent of the amount of such non-cash items included in Adjusted Operating Revenues prior to such further adjustment.
Adjusted Operating Revenues means the Operating Revenues, adjusted by (i) adjustment to include any periodic or seasonal changes in Operating Revenues occurring outside the Stabilization Period, (ii) adjustments to Operating Revenues to exclude amounts attributable to occupancy in excess of 10% and (iii) the underwriting assumptions used by Bondowner Representative as of the date hereof. Rents used in calculating Adjusted Operating Revenues will include only actual rents collected pursuant to Acceptable Leases and may not include premiums (excess rent above typical rent for a standard unit with a standard term lease) derived from corporate units (units rented to business entities), furnished units, short term leases or similar factors.