Excluded Receipts definition

Excluded Receipts means cash received by any Loan Party or any of their Subsidiaries directly from any of the events listed on Schedule 1.03 hereto.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Excluded Receipts means cash basis gross receipts that are not to be included in “Professional Practice Gross Receipts” as defined below. Only the following are Excluded Receipts:

Excluded Receipts means (i) receipts from services provided by the Property Manager which are not attributable to the rental of the real property Series Asset nor customarily rendered in connection with occupancy rentals, including but not limited to grocery shopping, dog walking, dry-cleaning, and similar services; and (ii) all cleaning fees. All Excluded Receipts belong to the Property Manager. Expenses and Liabilities has the meaning assigned to such term in Section 5.5(a).

Examples of Excluded Receipts in a sentence

• The amount of such ticket surcharge shall be Excluded Receipts to the extent such funds are applied to capital improvements, but the cost of any capital improvements funded by the ticket surcharge shall be included as Capital Improvement Items for the purposes of determining the Cumulative Calculated Amount.

• Revenues from temporary signage (as defined by applicable ordinances) shall be Excluded Receipts for the purposes of Section 4.3.

• Revenues from temporary signage (as defined by applicable ordinances) shall be Excluded Receipts for the purposes of Section 4.3. Tenant shall not permit any temporary signage to remain on the exterior of the Coliseum for more than two (2) business days after the event with which the signage was affiliated has ended.

• If ANICOM disagrees with the calculation of the TEXCAN Notional Equity, the September Income Statement or the Summary of Excluded Receipts and Disbursements contained in the Statements, ANICOM shall notify TEXCAN CN in writing of such disagreement within thirty (30) days after the date on which ANICOM received the Statements, which written notice shall specify the nature of the dispute and shall provide in reasonable detail the facts or accounting principles upon which such dispute is based.

More Definitions of Excluded Receipts

Excluded Receipts means (i) insurance proceeds other than insurance proceeds that are in amount equal to, and payable for, a loss that has previously been recognized in any prior calculation of the Cumulative Calculated Amount, (ii) proceeds of condemnation, inverse condemnation or other exercise of any power of eminent domain or similar power; (iii) receipts attributable to any breach of this Agreement by Landlord or breach of any other obligation of Landlord to Tenant; (iv) donations of any kind, except as provided in Sections 9.2(c) – (e) (of this Agreement or the Prior Agreement), (v) proceeds of the sale of naming rights that are excluded from Operating Receipts pursuant to Sections 9.2(c) – (e) or 9.3 (of this Agreement or the Prior Agreement); (vi) proceeds from the sale of signage that are excluded from Operating Receipts pursuant to Article 8 (of this Agreement or the Prior Agreement); (vii) proceeds of any ticket surcharge imposed by Tenant that is used to fund Capital Improvement Items, to the extent excluded from Operating Receipts pursuant to Section 4.3(f) (of this Agreement or the Prior Agreement); and (viii) capital improvement funds contributed by an NFL Team to the extent excluded from Operating Receipts as Excluded Receipts pursuant to Section 6.2(b) (of this Agreement or the Prior Agreement).

Excluded Receipts. Has the meaning as follows: a) any gratuities or service charges added to the ▇▇▇▇ of a customer, guest or patron and passed on to employees of the Montreign Project; b) revenues corresponding to any credits or refunds made to customers, guests or patrons c) any sums and credits received by the Montreign Project; for lost or damaged merchandise d) any insurance proceeds other than for business interruption related to casualty or damage and other than proceeds that reimburse the Montreign Project for any cost accounted as an expense under GAAP; e) any receipts from sales taxes, use taxes, excise taxes, gross receipt taxes, admission taxes, entertainment taxes, tourist taxes or charges received from customers, guests or patrons and passed on to a Governmental Authority; f) any condemnation awards other than for temporary condemnation; g) revenue recorded for interest, distributions, or dividends earned on bank accounts and investments; h) complimentaries;

Excluded Receipts means (i) insurance proceeds other than insurance proceeds that are in amount equal to, and payable for, a loss that has previously been recognized in any prior calculation of the Cumulative Calculated Amount, (ii) proceeds of condemnation, inverse condemnation or other exercise of any power of eminent domain or similar power; (iii) receipts attributable to any breach of this Agreement by Landlord or breach of any other obligation of Landlord to Tenant; (iv) donations of any kind, except as provided in Sections 9.2(b) – (d), (v) proceeds of the sale of naming rights that are excluded from Operating Receipts pursuant to Sections 9.2(b) – (d) or 9.3; (vi) proceeds from the sale of signage that are excluded from Operating Receipts pursuant to Article 8; (vii) proceeds of any ticket surcharge imposed by Tenant that is used to fund Capital Improvement Items, to the extent excluded from Operating Receipts pursuant to Section 4.3(f); and (viii) capital improvement funds contributed by an NFL Team to the extent excluded from Operating Receipts as Excluded Receipts pursuant to Section 6.2(b). Exposition Park means the park located within the boundaries of Exposition Boulevard, South ▇▇▇▇▇▇▇▇ Street, South Vermont Avenue and ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇. Boulevard in Los Angeles, California.