Excess Net Patient Revenues definition

Excess Net Patient Revenues means, with respect to any Property, with respect to any Lease Year, or portion thereof, the amount of Net Patient Revenues for such Property for such Lease Year, or portion thereof, in excess of Base Net Patient Revenues for such Property for the equivalent period during the Base Year.
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Excess Net Patient Revenues means, for the applicable Leased Property for any Fiscal Year or quarter thereof, the amount of Net Patient Revenues for such Leased Property for such Fiscal Year (or applicable quarter thereof) in excess of the Base Net Patient Revenues for such Leased Property (or, with respect to any quarter in any Fiscal Year, twenty-five percent (25%) of the total Base Net Patient Revenues for such Leased Property); provided that such term shall mean, (i) with respect to any partial Fiscal Year (other than as to any complete quarter thereof), the amount by which the Net Patient Revenues for such Leased Property for such partial Fiscal Year, prorated to reflect the number of days in such partial Fiscal Year, exceeds the product of (x) a fraction of which the numerator is the number of days in such partial Fiscal Year, and the denominator is 360, multiplied by (y) the total Base Net Patient Revenues for such Leased Property; and (ii) with respect to any partial quarter, the amount by which the Net Patient Revenues for such Leased Property for such partial quarter, prorated to reflect the number of days in such partial quarter, exceeds the product of (x) a fraction of which the numerator is the number of days in such partial quarter, and the denominator is 360, multiplied by (y) the total Base Net Patient Revenues for such Leased Property.
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Excess Net Patient Revenues. “Existing Leases”.
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Examples of Excess Net Patient Revenues in a sentence

  • Tenant shall pay additional rent (“Additional Rent”) with respect to each Lease Year during the Term subsequent to the Base Year in an amount, not less than zero, equal to four percent (4%) of Excess Net Patient Revenues at the Leased Property.

  • Commencing June 1, 2000, for each Fiscal Year during the Term, Tenant shall pay to Landlord, as additional rent, percentage rent ("Percentage Rent") in an amount equal to three percent (3%) of Excess Net Patient Revenues for such Fiscal Year.

  • Tenant shall pay additional rent (“Additional Rent”) with respect to each Lease Year during the Term subsequent to the Base Year, with respect to the Senior Housing Properties, in an amount, not less than zero, equal to four percent (4%) of Excess Net Patient Revenues with respect to such Properties.

  • Percentage Rent shall be calculated and paid quarterly in arrears on the basis of cumulative Excess Net Patient Revenues as the last day of each quarter occurring during the applicable Fiscal Year, less the Percentage Rent, if any, previously paid to Landlord for such Fiscal Year.

  • Commencing on January 1, 2005, Tenant shall pay additional rent ("Additional Rent") with respect to each Lease Year during the Term subsequent to the Base Year, with respect to each Property, in an amount, not less than zero, equal to four percent (4%) of Excess Net Patient Revenues with respect to such Property.

  • Tenant shall pay additional rent ("Additional Rent") with respect to each Lease Year during the Term, with respect to each Property, in an amount, not less than zero, equal to five percent (5%) of Excess Net Patient Revenues with respect to such Property.

  • Tenant shall pay additional rent ("ADDITIONAL RENT") with respect to each Lease Year during the Term subsequent to the Base Year, with respect to each Property, in an amount, not less than zero, equal to three percent (3%) of Excess Net Patient Revenues with respect to such Property.

  • Tenant shall pay additional rent ("ADDITIONAL RENT") with respect to each Lease Year during the Term, with respect to each Property, in an amount, not less than zero, equal to five percent (5%) of Excess Net Patient Revenues with respect to such Property.

  • Tenant shall pay additional rent ("Additional Rent") with respect to each Lease Year during the Term subsequent to the Base Year, with respect to each Property, in an amount, not less than zero, equal to three percent (3%) of Excess Net Patient Revenues with respect to such Property.

Related to Excess Net Patient Revenues

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • System Revenues means all rates, rents, fees, charges,

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Sublicense Revenues means [***].

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Net Revenues means revenues less related expenses, including

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.

  • Advertising Revenues means revenues derived from sales of advertising that are made available to Grantee’s Cable System subscribers within the Town and shall be allocated on a pro rata basis using total Cable Service subscribers reached by the advertising. Additionally, Grantee agrees that Gross Revenues subject to franchise fees shall include all commissions, rep fees, Affiliated Entity fees, or rebates paid to National Cable Communications (“NCC”) and Comcast Spotlight (“Spotlight”) or their successors associated with sales of advertising on the Cable System within the Town allocated according to this paragraph using total Cable Service subscribers reached by the advertising.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Operating Revenues means, without duplication, all revenues and receipts of the Borrowers from operation of the Properties or otherwise arising in respect of the Properties which are properly allocable to the Properties for the applicable period in accordance with GAAP, including, without limitation, all hotel receipts, revenues and credit card receipts collected from guest rooms, restaurants and bars (including without limitation, service charges for employees and staff), mini-bars, meeting rooms, banquet rooms, apartments, parking and recreational facilities, health club membership fees, food and beverage wholesale and retail sales, service charges, convention services, special events, audio-visual services, boat cruises, travel agency fees, internet booking fees, telephone charges, laundry services, vending machines and otherwise, all rents, revenues and receipts now existing or hereafter arising or created out of the sale, lease, sublease, license, concession or other grant of the right of the possession, use or occupancy of all or any portion of the Properties or personalty located thereon, or rendering of service by any of the Borrowers or any operator or manager of the hotel or commercial space (including, without limitation, from the rental of any office space, retail space, guest rooms or other space, halls, stores and deposits securing reservations of such space (only to the extent such deposits are not required to be returned or refunded to the depositor)), proceeds from rental or business interruption insurance relating to business interruption or loss of income for the period in question and any other items of revenue which would be included in operating revenues under the Uniform System; but excluding proceeds from the sale of FF&E, abatements, reductions or refunds of real estate or personal property taxes relating to the Properties, dividends on insurance policies relating to the Properties, condemnation proceeds arising from a temporary taking of all or a part of any Properties, security and other deposits until they are forfeited by the depositor, advance rentals until they are earned, proceeds from a sale, financing or other disposition of the Properties or any part thereof or interest therein and other non-recurring revenues as determined by Lender, insurance proceeds (other than proceeds from rental or business interruption insurance), other condemnation proceeds, capital contributions or loans to any of the Borrowers, disbursements to any of the Borrowers from the Reserves, sales, use and occupancy taxes collected from customers or patrons of the Properties to be remitted to the applicable taxing authorities, and gratuities or service charges collected on behalf of and remitted to employees or contractors of the Properties.

  • Sublicense Revenue means [***].

  • Net Sales means [***].

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • Licensed service area means the geographic area in which

  • Project Revenue means all rents, fees, sales, and payments

  • InterMTA Traffic means traffic to or from WSP’s network that originates in one MTA and terminates in another MTA (as determined by the geographic location of the cell site to which the mobile End User is connected).

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Switched Access Detail Usage Data means a category 1101xx record as defined in the EMI Telecordia Practice BR 000-000-000.