Gross Food and Beverage Revenue definition

Gross Food and Beverage Revenue means all revenues (including credit transactions whether or not collected) derived from food and beverage-related operations of the hotel and associated facilities, and all banquet, reception and meeting room rentals, including all restaurants (unless leased from third party operators), dining, bar, lounge and retail food and beverage services, at the actual rates charged, less allowances for any rebates and overcharges, and will not include any sales, hotel, entertainment or similar taxes collected from patrons or guests. “Gross Spa Revenue” means all revenue from services and retail sales of products from the eforea spa, less allowances for spa rebates and overcharges, but does not include any sales or other taxes collected directly from spa customers or any revenues from food and beverage sales of the spa.
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Gross Food and Beverage Revenue means all revenues (including credit transactions whether or not collected) derived from food and beverage-related operations of the hotel and associated facilities, and all banquet, reception and meeting room rentals, including all restaurants (unless leased from third-party operators), dining, bar, lounge, spa, and retail food and beverage services, at the actual rates charged, less allowances for any rebates and overcharges, and excluding any sales, hotel, entertainment or similar taxes collected from patrons or guests.
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Gross Food and Beverage Revenue means all revenues (including credit transactions whether or not collected) derived from food and beverage-related operations of the hotel and associated facilities, and all banquet, reception and meeting room rentals, including all restaurants (unless leased from third party operators), dining, bar, lounge, spa and retail food and beverage services, at the actual rates charged, less allowances for any rebates and overcharges, and excluding any sales, hotel, entertainment or similar taxes collected from patrons or guests. If there is a fire or other insured casualty at your hotel that results in a reduction of Gross Rooms Revenue and Gross Food and Beverage Revenue, the Monthly Program, Monthly Royalty Fees and Monthly Food and Beverage Fees will be equal to the Monthly Program, Monthly Royalty and Monthly Food and Beverage Fees forecasted on the basis of the Gross Rooms Revenue
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Examples of Gross 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 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.

  • 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 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 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.

  • Dr Borre had no direct involvement with McGeorge in the earlier periods.

  • 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 month Monthly Royalty Fee: [ALL BRANDS EXCEPT HWS] Five percent (5%) of theHotel’s Gross Rooms Revenue for the preceding calendar month.

  • Food & Beverage 20% of the amount that actual Gross Food and Beverage Revenue for the completed Operating Year exceeds the prior Operating Year’s actual Gross Food and Beverage Revenue.


More Definitions of Gross Food and Beverage Revenue

Gross Food and Beverage Revenue means all revenues (including credit transactions whether or not collected) derived from food and beverage-related operations of the hotel and associated facilities, and all banquet, reception and meeting room rentals, including all restaurant, dining, bar, lounge, and retail food and beverage services (unless leased from third party suppliers), at
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Gross Food and Beverage Revenue means shall mean the total of all amounts received by Convention Center Manager from the operation of the food and beverage service at or from the Convention Center, including any service charges and gratuities that are not paid out to employees, whether such amounts are evidenced by cash, check, credit, charge account, exchange or otherwise, less only retail sales taxes and other direct taxes imposed upon receipts collected from the consumer.
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Gross Food and Beverage Revenue means all of the revenue resulting from the operation of all of the restaurants, snack bars, lounges, bars, vending machines and any other areas or facilities which serve food or beverages at the Riverboat. "Gross Gaming Revenue" shall mean all of the revenue from the operation of the Casino. "Governmental Authorities" shall mean the United States, the state of Missouri, county of St. Louis, city of Lemay, any other political subdivision in which the Riverboat is located or does business, and any court or political subdivision agency, commission, board or instrumentality or officer thereof, whether federal, state or local, having or exercising jurisdiction over Owner, Manager or the Riverboat, including the Casino. "Gross Revenue" shall mean Gross Gaming Revenue plus all other revenue resulting from the operation of Riverboat. "Hazardous Material" is defined in Section 21.04. "Impositions" is defined in Section 7.01. "Incentive Management Fee" shall mean 20% of Earnings in excess of $30,000,000, before any interest expense, income taxes, capital lease rent, depreciation and amortization. The Incentive Management Fee shall be reduced to ten percent (10%) of Earnings in excess of $35,000,000, before any interest expense, income taxes, capital lease rent, depreciation and amortization. "Initial Inventory" shall mean the list of operating supplies required for the operation of the Riverboat for the initial 30-day period following the Commencement Date. "Initial Inventory Price" shall mean the cost of purchasing the Initial Inventory. "Institution" is defined in Section 13.01. "Institutional Mortgage" is defined in Section 13.01.
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Related to Gross Food and Beverage Revenue

  • 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.

  • Gross Revenue means:

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

  • Net Revenues means the difference between:

  • net non-operating income means the difference between:

  • 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 Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

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

  • Operating Revenues means, for any period, the gross revenues of the Company arising from the conduct of the business of the Company from what ever source, including, without limitation, ownership of the Property and operation of the Project during such period, including proceeds of any business interruption insurance and amounts funded from Company reserves, but specifically excluding Capital Proceeds and Capital Contributions.

  • 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.

  • 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.

  • Recurring Revenue With respect to any Recurring Revenue Loan, the meaning of “Recurring Revenue” or any comparable definition in the related Underlying Instruments relating to recurring maintenance or support revenues, subscription revenues, and recurring revenues attributable to software licensed or sold (excluding one-time license revenues) in the Underlying Instruments for such Loan.

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.