Distributable Revenue definition

Distributable Revenue or “DR” means:

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Distributable Revenue has the meaning set forth in Section 2.7(B).

Distributable Revenue means the net revenue generated by (i) the one and one-half percent sales

Examples of Distributable Revenue in a sentence

The formula for calculation of the Distributable Revenue is below: The Distributable Revenue = service revenue - Payable Turnover Tax - costs and expenses in connection with Party A’s provision of services - Profit Retainable by Party A.
The formula for calculation of the Distributable Revenue is below: The Distributable Revenue (exclusive of value added taxes) = The Service revenue (exclusive of value added taxes) - The Payable Turnover Tax (exclusive of value added taxes) - The costs and expenses in connection with Party A’s Party A’s operation of Internet information service and network advertising service - The Profit Retainable by Party A.
The foregoing Distributable Revenue shall be the basis of distribution between Party A, Party B and other Youdao cooperation companies.
The Landlord agrees that StayCae shall retain 20% (twenty percent) of the total collected Distributable Revenue per month ("StayCae’s Fee") for operating the Unit as a short term holiday home and providing the Services set out in Annexure 1 to this Agreement.
Both Party A and Party B agree that the Distributable Revenue shall be all monthly service revenue obtained by Party A from customers with deduction of the payable turnover tax (e.g., all kinds of surcharges; hereinafter, the “Payable Turnover Tax”), the costs and expenses in connection with Party A’s provision of services (exclusive of the amounts distributed to Party B and other Youdao cooperation companies) and the Profit Retainable by Party A.
If the Managers cannot agree to a calculation of Net Revenue and Net Distributable Revenue, the Independent Auditor will prepare the calculation in accordance with the terms of this Agreement, and such calculation will be binding and conclusive upon the parties.
Beginning on the Closing Date and thereafter until paid in full, the unpaid balance of the Purchase Price shall accrue simple interest at the rate of three percent (3%) per annum, payable annually out of Net Distributable Revenue.
Party B agrees that Party A may cooperate with any other Youdao cooperation companies elected by Party B and jointly provide services to the customers and that the Distributable Revenue arising out of the foregoing cooperation shall be distributed between Party A and such Youdao cooperation companies.
StayCae’s Fee shall be deducted from the Distributable Revenue prior to deducting the Landlord’s Fees.
Within 30 days of the receipt of the unaudited financial statements as of end of the second quarter of each year and the audited financial statements as of the last day of each fiscal year, the Managers will review the financial statements and the results of the Company’s operations for the six-month periods ending as of those date and shall, on the basis of that review and by the Required Vote of the Managers, agree to a calculation of Net Revenue and Net Distributable Revenue for such six-month period.

More Definitions of Distributable Revenue

Distributable Revenue shall be annual gross income tax revenue minus the sum of the annual service fee, the annual escrow fee and the Board amount, all as set forth in the preceding paragraph. The distribution of the Distributable Revenues shall be made monthly as set forth in the Tax Agreement and shall be allocated to the Contracting Parties as set forth on Exhibit C attached hereto. The income tax revenues are to be used by the District, and the Contracting Parties to encourage and promote economic development in the District and the Contracting Parties, including, but not limited to, maintaining and improving the infrastructure facilities of the District and the Contracting Parties (including paying debt charges related thereto), providing safety and health services within the District and within the Contracting Parties, providing urban and economic development planning, engineering, counseling, consulting, marketing and financing services for the District and for the Contracting Parties, and generally improving the environment for those working in the District and for those working and residing in the Contracting Parties, and for all other purposes as permitted by law. The District territory shall have primacy over residential status relating to the collection of the income tax derived from individual earnings within the District notwithstanding the provisions of the Farmersville Income Tax Ordinance which may provide to the contrary. The Treasurer of the District shall make a quarterly report to the Board regarding the receipt and distribution of the income tax of the District and the operating income and expenses of the District for the preceding quarter and projections for the next quarter. The Treasurer’s report shall be provided to each of the Contracting Parties.

Distributable Revenue has the meaning set forth in Section 2.7(B). “Dollar,” “Dollars,” “U.S. Dollars” and the symbol “$” means the lawful currency of the United States. “DSCR” means, as of any Payment Date, the ratio of: (i)

Distributable Revenue means the Zone’s annual gross income tax revenue minus the sum of the Reserve Fee, the Service Fee, and the Escrow Fee. Following the collection of tax through December 31 of the first calendar year in which the Zone collects tax, Distributable Revenue from the prior quarter shall be paid to the Contracting Parties as follows: 10% to the Village and 90% to Township. The Board shall determine the frequency with which Distributable Revenue is paid to the Contracting Parties, which shall be not less than quarterly. For the purpose of such periodic payments, the Board shall determine how to account for the application of the annual Reserve Fee, Service Fee, and Escrow Fee.

Distributable Revenue means the Room Charge less: (i) Dubai Municipality charges, (ii) Tourism Dirham charges and any taxes imposed by any governmental authority on the Room Charge, and (iii) any discounts and rebates.