Parking Revenue definition
Examples of Parking Revenue in a sentence
The study will examine issues including the size of a parking structure or structures on the Zoo property, possible locations, estimated costs, possible ancillary uses, and expected Net Parking Revenue.
After the Net Parking Revenue is deducted from the yearly debt-service payment as required by subsection 8.3.1 above, the remaining debt service payment shall be split between the City and WPZS, with the City paying three-fourths (3/4) of the balance and WPZS paying one-fourth (1/4) of the balance.
Subject to approval by the Mayor and Board of Aldermen, the CITY intends to provide a portion of the future incremental property tax and parking revenue from the PROJECT toward debt service of TIF and Parking Revenue Bonds or similar financial mechanism issued by MEDCO or DHCD.
WPZS shall provide to the City the yearly Net Parking Revenue toward the debt service on the Parking Garage.
Licensee shall receive all of the Net Parking Revenue generated from parking spaces and designated tailgating areas located on the Premises.
Promptly following each UNLV Event, Licensor shall account for all gross revenue collected by Licensor and the Net Parking Revenue, Net Food and Beverage Revenue and any other net revenue amounts (including by reason of Article 12.5) due to Licensee hereunder (collectively, the “Net Revenues”) for such UNLV Event.
Each payment pursuant to Section 4(a) shall be accompanied by an accounting of Gross Parking Revenue and documentation reasonably requested by the City, which documentation shall be sufficient to justify the calculation of amounts paid.
If either Port KC or City dispute all or any portion of the Garage Revenue Payment, City Parking Revenue Payment, Port KC Parking Revenue Payment, Developer Parking Garage Revenue Payment (each, a “Revenue Payment”) or the content set forth in the Garage Revenue Notice (each and together, a “Disputing Party”), the Disputing Party shall notify Developer, in writing, within fifteen (15) days following receipt of the Garage Revenue Notice (the "Dispute Notice").
WPZS shall communicate its actual Net Parking Revenue for six-month periods ending June 30 and December 31 of each year within 45 days after each date.
Parkmobile shall collect parking revenues for each Emerging Payment transaction and pass the Emerging Parking Revenue to the Client in accordance with Parkmobile’s standard settlement procedures.