Net Revenues definition

Net Revenues means revenues less related expenses, including

Net Revenues means the difference between: (A) the sum of revenues from all sources related to operations and net non-operating income; and (B) the sum of all expenses related to operations including administration, adequate maintenance, taxes and payments in lieu of taxes, but excluding provision for depreciation, other non-cash operating charges and interest and other charges on debt.

Net Revenues means gross revenues less operating expenses.

Examples of Net Revenues in a sentence

• If the balance in the Loan Reserve Account falls below the Loan reserve requirement, the Borrower shall promptly deposit from the first Net Revenues available after payment of the amounts due hereunder (unless the Borrower has previously made such deposit from other money of the Borrower) an amount sufficient to restore the balance up to the Loan reserve requirement.

• The Borrower hereby grants to DEQ a security interest in and irrevocably pledges its Net Revenues to secure payment of and to pay the amounts due under this Loan Agreement.

• The Borrower represents and warrants that the pledge of Net Revenues hereby made by the Borrower complies with, and shall be valid and binding from the date of this Agreement pursuant to, ORS 287A.310.

• If the audit report described in ARTICLE 5(F) identifies the Net Revenues and contains a calculation demonstrating the Borrower’s satisfaction of the requirements of this ARTICLE 5(B), that audit will satisfy the requirements of this ARTICLE 5(B)(3).

• The Borrower’s failure to adjust rates shall not, at the discretion of DEQ, constitute a default if the Borrower transfers to the fund that holds the Net Revenues unencumbered resources in an amount equal to the revenue deficiency to the Facility that produces the Net Revenues.

More Definitions of Net Revenues

Net Revenues means the revenues of a public improvement remaining after deducting the reasonable expenses of administration, operation, and maintenance of the public improvement.

Net Revenues means revenues less related expenses, including applicable taxes, as determined by the board.

Net Revenues means the difference between: (A) the sum of revenues from all sources related to operations adjusted to take account of the Borrower’s rates in effect at the time of the incurrence of debt even though they were not in effect during the twelve (12) month period to which such revenues relate and net non- operating income; and (B) the sum of all expenses related to operations including administration, adequate maintenance, taxes and payments in lieu of taxes, but excluding provision for depreciation, other non-cash operating charges and interest and other charges on debt.

Net Revenues means the Gross Earnings of the System after deduction of Current Expenses;

Net Revenues means, for any Fiscal Year, all Revenues received by the Recipient less the Operations and Maintenance Costs for such Fiscal Year.

Net Revenues means the total amount of money wagered less pay out of all prizes and New Mexico Gaming Taxes. If State law and regulations do not permit fees to be paid to Kachina as described above, Kachina shall have the option of withdrawing from the agreement, or eliminating some or all services that are not specifically detailed in 1.A. above. Proprietor shall not be required to make a per machine payment to terminate the lease; lease termination shall be governed by Section 15. There are no other fees payable to Kachina other than the percentage payment set out in this Section.

Net Revenues means, for any period, an amount equal to all of the Gross Revenues received during such period minus the amount required to pay all Operation and Maintenance Costs becoming payable during such period.