Project Profits definition

Project Profits are defined as any revenue generated from a specific Project (including but not limited to Ticket Sales, Distribution Deals, DVD and Video Sales, Merchandising, or if the Project is otherwise licensed, marketed, or sold) less costs expended on the Project, or any other debts or obligations which may apply.
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Project Profits means the difference between (a) Gross Revenues, and (b) the sum of (x) the Hebron Expenses, (y) the Option Expenses, and (z) the Project Expenses.
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Project Profits means the aggregate of the Project NPAT and the Net Adjustments.
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Examples of Project Profits in a sentence

  • All Project Profits shall be distributed at the sole discretion of Project Owner except for profit generated by use of Company’s non- exclusive rights to Project as defined herein (Section “3.

  • Project Profits by Category of FarmersBeneficairycategoriesNumberProjected profitfirst year (Ksh)Projected profitlater years (Ksh)5 Sows Farmers27621,06460,03910 Sows Farmers11150,71295,23715 Sows Farmers11160,064222,18620 Sows Farmers55123,271249,771Meat Processor6382,750382,750 Annex Table 8.

  • In the event the DRA is terminated prior to completion of the Project and determination of the Project Profits, the Development Rights Value shall be a sum equivalent to the Minimum Guaranteed Value.

  • Any and all taxes incurred as a result of Budget Dollars or Project Profits are the sole responsibility of the Project Owner.

  • Table 0-6 Projects and associated annual capital expenditure Project Profits and lossTable 0-7 shows the profit & loss situation for the years 2004-05 and 2005-06.

  • Fortress would pay from the Project Profits the interest payable to Investors, the Deferred Lender Fee, sales agents’ fees to BDMC and Fortress Capital, the fees disclosed in Investors’ Form 9d, and any Shortfall Costs.

  • All Project Profits shall be distributed at the sole discretion of Project Owner except for profit generated by use of Company’s non-exclusive rights to Project as defined herein (Section “3.

Related to Project Profits

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Development Project means a project for the development of land within a project area.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Common profits means the balance of all income, rents, profits and revenues from the common areas and facilities remaining after the deduction of the common expenses;

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Project area budget means a multiyear projection of annual or cumulative

  • Research Project means a discrete scientific endeavor to answer a research question or a set of research questions related to medical marijuana and is required for a medical marijuana research license.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Cost Overrun means an obligation exceeding the maxi- mum capital expenditure authorized by an approval.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.