Gross Annual Revenues means the annual gross receipts derived from the conduct of bingo described in division (O)(1) of this section plus the annual net profit derived from the conduct of bingo described in division (O)(2) of this section.
Gross Annual Revenues means the Cable Service revenue actually received by the Grantee from the operation of the Cable System in the Franchise Area to provide Cable Services, calculated in accordance with generally accepted accounting principles (“GAAP”). Cable Service revenue includes monthly basic, premium and pay-per-view video fees, leased access fees, advertising and home shopping revenue, installation fees and equipment rental fees. Gross Revenue shall not include refundable deposits, bad debt, late fees, investment income, programming launch support payments, advertising sales commissions, nor any taxes, fees or assessments imposed or assessed by any governmental authority.
Gross Annual Revenues means all money generated by Contractor’s operation in the Franchise Area in a particular year, before deduction for expenses.
Examples of Gross Annual Revenues in a sentence
Gross Annual Revenues shall not include actual bad debt that is written off, consistent with GAAP; provided, however, that all or any part of any such actual bad debt that is written off, but subsequently collected, shall be included in Gross Annual Revenues in the period so collected.
It is the intention of the parties hereto that Gross Annual Revenues shall only include such consideration of Affiliates and/or Persons relating to Signal carriage over the Cable System and not the gross revenues of any such Affiliate(s) and/or Person(s) itself, where unrelated to such Signal carriage.
Gross Annual Revenues shall also be adjusted for reductions to cash receipts, such as refunds and bad debt.
Gross Annual Revenues shall not include actual bad debt that is written off, consistent with Generally Accepted Accounting principles; provided, however, that all or any part of any such actual bad debt that is written off, but subsequently collected, shall be included in Gross Annual Revenues in the period so collected.
In accordance with Section 622(b) of the Cable Act, the Licensee shall not be liable for a total Franchise Fee pursuant to this Renewal License and applicable law in excess of five percent (5%) of Gross Annual Revenues.
More Definitions of Gross Annual Revenues
Gross Annual Revenues means consideration of any form or kind derived by the Licensee and/or its Affiliates from the operation of the Cable System for the carriage of Signals over the Cable System including, without limitation, the distribution of any Cable Service over the Cable System; Basic Service monthly fees; all other Service fees; installation, reconnection, downgrade, upgrade and any similar fees; interest collected on Subscriber fees and/or charges; fees paid on all Subscriber fees; revenues received from all Internet and/or modem Services provided by the Licensee over the Norfolk Cable System to Residential Subscribers (unless such Services are deemed not to be Cable Services by the FCC in a final order or by a court of competent jurisdiction); all Commercial Subscriber revenues; fees paid for channels designated for commercial use; Converter and remote control rentals and other equipment leases or sales; home shopping revenues; advertising revenues; and all other revenues derived by the Licensee or any Affiliate from the sale of products or services in any way advertised, promoted, distributed or made available on or by means of the Cable Television System. Gross Annual Revenues shall also include the gross annual revenue of any other Person which is derived directly or indirectly from or in connection with the operation of the Cable System to the extent that said revenue is derived through a means which has the effect of avoiding payment of Franchise Fees to the Town that would otherwise be paid herein. It is the intention of the parties hereto that Gross Annual Revenues shall only include such consideration of Affiliates and/or Persons relating to Signal carriage over the Cable System and not the gross revenues of any such Affiliate and/or Person itself, where such revenue is unrelated to such Signal carriage. Annual payments made to the State, the FCC, the Town and/or the Access Corporation pursuant to Sections 6.3(a) and 7.1(a) and collected from Subscribers through charges to Subscribers shall constitute Gross Annual Revenues unless otherwise provided by applicable law. Gross Annual Revenues shall not include (i) the revenue of any Person, including, without limitation, a supplier of programming to the Licensee, to the extent that said revenue is also included in the Gross Annual Revenue of the Licensee, (ii) actual bad debt that is written off, consistent with GAAP; provided, however, that all or any part of any such actual bad debt that is written off, but su...
Gross Annual Revenues means any and all compensation in whatever form, grant, subsidy, exchange, or otherwise, directly or indirectly received by Grantee for services provided to subscribers within the franchise territory but excludes the following: taxes Grantee is required to separately state and collect from subscribers; commissions paid on advertising sales revenues; amounts received from programmers as reimbursement of marketing expenses and launch fees,
Gross Annual Revenues. All revenue received by Franchisee from operation of the Cable System to provide Cable Service within the Town of Cape Xxxxxxxxx, including but not limited to subscriber cable service charges, installation revenues (including, among other things, reconnection and second set), equipment charges, advertising revenues as prorated to include those attributable to home shopping revenues and any other revenues from the operation of the cable television system to provide Cable Service in the Town of Cape Xxxxxxxxx; provided, however, that gross annual revenues shall not include franchise fees, and to the extent consistent with Generally Accepted Accounting Principles, adjustments to cash receipts and non-operating cash receipts for bad debts, refunds, credit adjustments, returned checks and asset sales when such sales do not occur in the ordinary course of business.
Gross Annual Revenues means any and all compensation in whatever form, grant, subsidy, exchange, or otherwise, directly or indirectly received by Grantee for services provided to subscribers within the franchise territory but excludes the following: taxes Grantee is required to separately state and collect from subscribers; commissions paid on advertising sales revenues; amounts received from programmers as reimbursement of marketing expenses and launch fees, and PEG access capital support collected by the Grantee from subscribers if permitted by federal or state law. Except as expressly set forth in this definition, Gross Revenues shall be calculated in accordance with generally accepted accounting principles.
Gross Annual Revenues means revenues of the Partnership from all sources during any given year, including, without limitation, the proceeds of the sale of Production Interests.
Gross Annual Revenues means all revenue derived directly or indirectly by the company, its affiliates, subsidiaries, parent, and any person in which the company has a financial interest, from or in connection with the operation of the cable communications system governed by this ordinance; provided, however, all revenues shall include, but not be limited to, basic subscriber service, monthly fees, pay cable fees, installation and reconnection fees, leased channel fees, converter rentals, income earned from deposits (but not deposits themselves), studio rental, production equipment, personnel fees, and advertising revenues; however, this shall not include any taxes on services furnished by the company herein imposed directly upon any subscriber or user by the state, city or other governmental unit and collected by the company on behalf of said governmental unit. A reasonable amount may be deducted by company from gross annual revenues to reflect uncollectible accounts. Uncollectible accounts shall be determined by the company's independent auditors, applying generally accepted accounting principles. The city shall have the right to conduct an independent audit of all transactions resulting in deductions from company's gross revenues, to determine whether or not said deductions are consistent with the terms and conditions of this provision. Said audit will be conducted in accordance with the provisions of Article II, section 13. Company shall fully cooperate with city and shall provide city with all information, books, data and other records required by city to perform an audit.
Gross Annual Revenues means all revenues, net of Franchise Fees, actually received by and paid to the Company by Subscribers in the Municipality for Cable Television Service purchased by Subscribers on a regular, recurring monthly basis. Gross Annual Revenues shall include the following: