Distributable Revenue definition

Distributable Revenue means gross licence fees collected plus investment income earned on such fees, less APRA’s administrative expenses and Article 95 deductions (refer to paragraphs 4.1, 4.2 and 4.3 of these Rules).

Distributable Revenue or “DR” means:

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.

Examples of Distributable Revenue in a sentence

• Total Net Distributable Revenue for the determination of Royalty Distributions in accordance with the computation in clause 9 is determined as follows:- Gross Licence Revenueless Administration Expensesplus Revenue Add Backsless Social and Cultural Allocations(in terms of the standard CISAC provision)less Income Taxless or plus Transfers to or from Reserves and Funds.

• Net Distributable Revenue is determined in accordance with amounts reported in the statutory audited Annual Financial Statements.

• All Undocumented Royalty Allocations not claimed within three years from the date of allocation, shall be added to the Net Distributable Revenue to be allocated and paid as part of the next Royalty Distribution Cycle.

• Net Distributable Revenue for similar genres may be combined into a single collective Distribution sub-category or Distribution channel.

• Music from major concerts or similar shows or events, participate to the extent of the Net Distributable Revenue from that licence.

• Such Distributable Revenue shall be included in revenue of stations with similar genres.

• The Net Distributable Revenue is apportioned by analysing the revenue into variousDistribution categories.

• The Net Distributable Revenue for each Distribution channel is divided by the accumulated music seconds per Distribution channel to obtain a Revenue Unit Factor (Rand per music second factor) per Distribution channel and music second.

• Office uses are directed to the town centre through the approach to the location of development set out in policy CS2.

• Excluding Aeronautical revenues, which are based on cost recovery, other operating revenues were $354.2M, $27.1M above budget and $21.3M over 2015 mainly due to higher revenues from Public Parking, Rental Cars, Airport Dining and Retail, Ground Transportation, Employee Parking, Maritime Operations, Cruise, Grain, and NWSA Distributable Revenue.

More Definitions of Distributable Revenue

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

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

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.

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 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) (a) the aggregate Borrower Subsidiary Distributions in respect of the Collection Period ending on the Quarterly Date preceding such Payment Date (excluding the portion of any amounts paid by the related Host Customer that represent the prepayment or buyout of cash flows expected to be received during subsequent Collection Periods and any amounts paid by the related Host Customer in respect of sales, use or property taxes), minus (b) the sum of the Collateral Agent Fee, the Custodial Fee, the Paying Agent Fee, the Transaction Manager Fee, the Transaction Transition Manager Fee and all amounts owed to the Servicers with respect to any Wholly-Owned Subsidiary under the applicable Servicing Agreements, in each case payable on such Payment Date, divided by