Fare Revenue definition

Fare Revenue means revenue generated from charges paid by the BRT passengers at such fare slabs as are notified by the competent authority from time to time.
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Fare Revenue means the total Train Fare revenue collected in relation to the provision of the Train Service;
Sample 1
Fare Revenue means all revenues charged and/or collected, whether through ticket sales or any other means of collecting fares (including in the form of cash, electronic money transfer, credit card, debit card and check transfers (or similar payments)), by or on behalf of RTD in respect of the use by Passengers of the Commuter Rail Network.
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Examples of Fare Revenue in a sentence

  • The Operator shall be fully responsible for the cash collected until the same is handed over to the Fund Manager and shall indemnify the Employer for any Fare Revenue lost or stolen while the cash collected is with the Operator.

  • In the event collection of Fare Revenue from passengers/customers is: (a) vide an electronic fare collection mechanism (including electronic tap-in cards) the Operator shall collect and charge electronic tap-in cards, credit cards or debit cards for Fare Revenue from customers/passengers directly to the accounts notified by the Employer; and (b) through cash, the cash collected shall be retained by the Operator and handed over to the Fund Manager on the same day prior to closing of the Facilities.

  • If, during the term of the Restated Stations Agreement, Train Fare Revenue is insufficient for the Capped Amount to be paid in full, then upon expiry of the agreement neither RailCorp nor the Crown have any obligation to pay the balance of the Capped Amount to ALC.

  • UPass Partner Reimbursement Due Current Receivable Credit Impact to 2012/13 Revenue Dalhousie $331,397 $331,397 $0.00 NSCAD $2,486 $2,486 $0.00 NSCC $107,030 $107,030 $0.00 MSVU $24 $24 $0.00 SMU $66,035 $66,035 $23,240 The amount of $23,240 will negatively impact 2012/13 Metro Transit Bus Fare Revenue in cost centre R631, G/L 5201.

  • Fare Revenue • Per the AIP, the City and the TTC will receive farebox revenue in order to recover all or a portion of the costs of operating Line 6 Xxxxx West.

  • All earnings from such investments shall be deposited in the Transit Fare Revenue Account.

  • The Contractor is hereby ordered and authorized to establish in the custody (but not dominion or control) of the Contractor the following special trust accounts, to be designated as follows: Transit Fare Revenue Account, the Authority Account and such other accounts as contemplated herein or as the Authority shall designate in writing to the Contractor.

  • The budget for the first year of service is: Operating Expense: $89,925 Operating Revenue: $89,925 FDOT: $42,075 City of Cocoa Beach: $42,075 SCAT: $ 2,675 Fare Revenue: $ 3,100 Capital Expense: SCAT will purchase the transit vehicle to be utilized on the route with SCAT’s Federal Transit Capital Funding.

  • The Operator shall be entitled to retain all Patronage Revenue and Standard Fare Revenue, in each case, to the extent contemplated by this Contract.

  • For each Reporting Period in which the Adjusted Reporting Period Amount is equal to or greater than the aggregate of the amount of Patronage Revenue and Standard Fare Revenue earned by the Operator in that Reporting Period, TII shall pay to the Operator a Revenue Grant calculated and payable in accordance with clause 39.2 (Amount of Revenue Grant) and Schedule 37 (System Charge and Revenue Grant).


More Definitions of Fare Revenue

Fare Revenue means revenue generated from charges paid by the Users either in cash or electronically at such fare slabs as are notified by the competent authority from time to time.
Sample 1

Related to Fare Revenue

  • 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.

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Recurring Revenue means, with respect to any period and any Asset, the meaning of “Recurring Revenue”, “Adjusted Recurring Revenue” or any comparable definition in the Investment Documents or if there is no such term in the Investment Documents all recurring subscription, service, support or maintenance revenue for such period for such Asset.

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

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

  • Gross Profits means the gross profits calculated under section 4;

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

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

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

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Net Revenues means the difference between:

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • New M&O Revenue means the total State and local Maintenance and Operations Revenue that District actually received for such school year.

  • Sublicense Revenue means any payments or other consideration that CTI actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for GTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the odinary course of business.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Gross Revenue means:

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):