Net Rental Revenue means the Adjusted Gross Rental Revenue less Management Fee and any other amounts charged to Owner under this Agreement.
Net Rental Revenue means Gross Rental Revenue after deducting all applicable taxes; and any other costs of doing business that are normal, reasonable and customary.
Net Rental Revenue means the gross rental revenue less any agent commissions, linen rentals, reservation fees or credit card discounts.
Examples of Net Rental Revenue in a sentence
Since NOI, Net Rental Revenue Run-Rate, FFO, NFFO and AFFO are not measures determined under IFRS, they may not be comparable to similarly titled measures reported by other issuers.
If such behavior occurs, Management reserves the right to terminate their parents’ lease agreement and residency in Maple Hill.
An shall earn sick leave credits at the rate of one and a quarter (1%) days calendar month for which he receives pay for at least ten (10) days.
Their presence only reinforces the evaluative function of maai, pushing the interpretation towards the pejorative reading.The only essential elements for the pejorative interpretation of maai are found to be the plural classifier di and the modifying phrase between di and the noun.
Timing analysis can be introduced at the system level as a prediction instrument for the refinement of system functions toward their implementation [4].
More Definitions of Net Rental Revenue
Net Rental Revenue means the Adjusted Gross Revenue less the Management Fee, the Cleaning Costs, any of the Owner’s Property Expenses paid by the Rental Manager;
Net Rental Revenue means as reported on Borrower’s Detailed Income Statement line titled “Rental Revenue, Gross” plus Borrower’s Detailed Income Statement line titled “Credit Memos.” For the avoidance of doubt, the expected Net Rental Revenue attributable to each acquisition shall be calculated based only on the portion of acquired Net Rental Revenue that will be added to the Borrower’s Detailed Income Statement lines noted above, and not the total acquired revenue.”
Net Rental Revenue means the gross revenue less any fees (i.e. web listing, web hosting, agent commission, cleaning and linen, etc.)
Net Rental Revenue means, with respect to any Franchisee Sub-Lease or Refranchised Restaurant Lease for any Monthly Collection Period, the amount equal to (a) all Lease Receipts that are scheduled to be paid to the applicable Restaurant Holder or Predecessor Restaurant Holder by the Franchisee on such Franchisee Sub-Lease or Refranchised Restaurant Lease, as applicable, during such Monthly Collection Period minus (b) all Lease Payments, if any, that are scheduled to be paid to the primary lessor of the related property by the applicable Restaurant Holder or Predecessor Restaurant Holder during such Monthly Collection Period.
Net Rental Revenue means, with respect to any New Franchisee Lease and New Franchisee Sublease and any month the difference between (a) all Franchisee Lease Payments that are reasonably expected to be received from the franchisee on such New Franchisee Lease and New Franchisee Sublease during that month minus (b) all Lease Amounts Payable, if any, that are reasonably expected to be made to the applicable prime lessor during that month.
Net Rental Revenue. Borrower’s “Net Rental Revenue” (as defined below) shall be not less than the amounts set forth on the Minimum Net Rental Revenue “Covenant for Test Period” line set forth on Exhibit A1 attached hereto during the periods set forth on such Exhibit A1, tested as of the last day of each such period; provided, that the Minimum Net Rental Revenue “Covenant for Test Period” amount shall increase by an amount equal to 75% of Net Rental Revenue attributable to each acquisition for each applicable test period, beginning in the calendar quarter after the closing of each acquisition. The Minimum Net Rental Revenue “Covenant for Test Period” amount will be capped at $24,000,000 for any and all applicable test periods. Borrower will provide ORIX with a detailed schedule of expected Net Rental Revenue based on the amount of in-house contract Net Rental Revenue at the time of each acquisition minus expected churn within 45 days of the closing of each acquisition.
Net Rental Revenue means any rental payments or other sums received in connection with the leasing of a Facility, less reasonable and prudent third-party expenses incurred in connection with the leasing of such Facility, including, without limitation, all third-party costs of collection or enforcement of the lease or to preserve or protect the operation of the Facility as a licensed nursing home, reasonable legal fees, insurance costs and real estate taxes, and less the costs of the acquisition of such Facility, including reasonable attorneys fees and transfer or stamp taxes. As used herein, "Net Income" shall mean any sums (other than Net Rental Revenue) received in connection with the ownership or operation of a Facility, less all expenses incurred in connection with and specifically related to the acquisition, ownership or operation of such Facility, including, without limitation, all reasonable and prudent operating costs, collection costs, reasonable legal fees, insurance costs, real estate taxes, and transfer or stamp taxes. As used herein, "Net Sale Proceeds" shall be the gross sale price from a sale of a Facility by Sunshine, or its affiliated successors, to an unrelated third-party, less (i) bona fide commissions payable to third-party brokers not related to or affiliated with Advocat or Omega, and (ii) ordinary and customary closing costs and expenses, including title insurance premiums, transfer or stamp taxes, and property tax prorations.