Food and Beverage Revenue definition

Food and Beverage Revenue means revenue generated from the sale of food and/or beverage offerings.
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Food and Beverage Revenue means all revenue received (whether by Tenant or any subtenants, assignees, concessionaires or licensees) from or by reason of the Property (including, without limitation, the Hotel and golf courses) relating to the operation of snack bars, restaurants, bars, catering functions, and banquet operations provided, however, that Food and Beverage Revenue shall not include General Revenue Exceptions.
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Food and Beverage Revenue means and include the total of any and all cash and other consideration received by Tenant and/or any affiliated or related person or any of their officers, partners, employees, agents, or contractors (including, but not limited to, sublesses, licensees and concessionaires), or any persons related to or affiliated with any of the foregoing for any and all food and/or beverages which are sold and/or consumed in or on the Demised Premises and/ or Development Improvements (but not including any such cash or other consideration stolen or otherwise unlawfully converted or appropriated).
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Examples of Food and Beverage Revenue in a sentence

  • If Hotel accommodations are bundled with food and beverage arrangements or other services when charged to the customer, you will make a good faith reasonable allocation of the resulting revenue between Gross Rooms Revenue and Gross Food and Beverage Revenue, consistent with the Uniform System of Accounts for the Lodging Industry, or such other accounting methods specified by us in the Manual.

  • Monthly Food and Beverage Fee: ONLY FOR HFSThree percent (3%) of the Hotel’s Gross Food and Beverage Revenue for the preceding calendar month Monthly Royalty Fee: [ALL BRANDS EXCEPT HGI and HWS] Five percent(5%) of the Hotel’s Gross Rooms Revenue for the preceding calendar month.

  • Monthly Food and Beverage Fee:ONLY FOR CI, HFS, SA, WACThree percent (3%) of the Hotel’s Gross Food and Beverage Revenue for the preceding calendar monthMonthly Royalty Fee: [ALL BRANDS EXCEPT HWS] Five percent (5%) of theHotel’s Gross Rooms Revenue for the preceding calendar month.

  • The conversion of Gross Food and Beverage Revenue into U.S. Dollars shall be daily and be based on WSJ.com rates that are reported by Reuters as blended rates by multiple banks that trade in excess of $1 million daily.

  • Monthly Food and Beverage Fee:ONLY FOR HFSThree percent (3%) of the Hotel’s Gross Food and Beverage Revenue for the preceding calendar month Monthly Royalty Fee: [ALL BRANDS EXCEPT HWS] Five percent (5%) of theHotel’s Gross Rooms Revenue for the preceding calendar month.

  • Monthly Food and Beverage Fee: ONLY FOR HFSThree percent (3%) of the Hotel’s Gross Food and Beverage Revenue for the preceding calendar month Monthly Royalty Fee: [ALL BRANDS EXCEPT HWS] Five percent (5%) of theHotel’s Gross Rooms Revenue for the preceding calendar month.

  • Monthly Food and Beverage Fee: ONLY FOR CI/HFS/WACThree percent (3%) of the Hotel’s Gross Food and Beverage Revenue for the preceding calendar monthMonthly Royalty Fee:Five percent (5%) of the Hotel’s Gross Rooms Revenue for the preceding calendar month.

  • At the time Event Orders are prepared, Hotel will advise Group if the food and beverage selections based on the Event Orders will achieve the Total Anticipated Food and Beverage Revenue (as adjusted, if any, pursuant to this clause).

  • By way of example only, if a group books an event with a Total Anticipated Food and Beverage Revenue commitment of $100,000, and if that group properly reduces the commitment by 10%, that group’s adjusted Total Anticipated Food and Beverage Revenue commitment would be $90,000.

  • Should you fall short of the Total Anticipated Food and Beverage Revenue (as adjusted, if any, pursuant to this clause), whether due to reduction in size of your meeting, drop in attendance, change in food and beverage functions or otherwise, you agree that the Hotel will suffer damages that will be difficult to determine.


More Definitions of Food and Beverage Revenue

Food and Beverage Revenue means all revenue received (whether by Tenant or any subtenants, assignees, concessionaires or licensees) from or by reason of the Property relating to (i) the operation of snack bars, restaurants, bars, catering functions, and banquet operations (except to the extent of any hotel referral or commission fees payable to any hotel or other third party unrelated to Tenant or any affiliate of Tenant pursuant to any written agreements or other arrangements in place prior to the Effective Date with respect to such revenue); PROVIDED, HOWEVER, that Food and Beverage Revenue shall not include:
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Food and Beverage Revenue means all revenues, income and proceeds of any kind from the sale of food and beverages at the Hotel.
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Related to Food and Beverage Revenue

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

  • 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.

  • 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.