Revenue Index definition

Revenue Index means that fraction that is equal to (a) the Revenue Per Available Room for the Hotel divided by (b) the average Revenue Per Available Room for the hotels in the Competitive Set, as set forth in the Revenue Data Publication. Appropriate adjustments to the Revenue Index acceptable to Owner shall be made in the event of a major renovation of the Hotel.
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Revenue Index means the number that is equal to (a) the Revenue Per Available Room for the Hotel divided by (b) the average Revenue Per Available Room for the hotels in the Competitive Set, as set forth in the Revenue Data Publication.
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Revenue Index means that fraction which is equal to (a) the Revenue ------------- Per Room for the Inn, divided by (b) the average September 13, 1993 33 Revenue Per Room for the hotels in the Inn's competitive set (including the Inn), as set forth in the Revenue Data Publication. Appropriate adjustments shall be made in the event of a major renovation of the Inn.
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Examples of Revenue Index in a sentence

  • The Revenue Index of the Hotel during the Performance Termination Period is less than the Revenue Index Threshold for such Performance Termination Period.

  • The incremental adjustment shall be calculated utilizing the following methodology: AI = (75% * Cost Index) plus (25% * Revenue Index).

  • Future wage increases in these Memoranda, unless specifically stated otherwise, shall be based on the previous year’s Balanced Revenue Index (“BRI”).

  • The Revenue Index of the Hotel during the Performance Termination Period is less than 100% of the Revenue Index Threshold for such Performance Termination Period.

  • The Revenue Index of the Hotel during each of two (2) consecutive Accounting Quarters is less than the Revenue Index Threshold for each such Accounting Quarter.

  • The Revenue Index of the Hotel during each of such Fiscal Years (i.e. any two (2) Fiscals Years within three (3) Fiscal Year period) is less than the Revenue Index Threshold.

  • The Revenue Index of the Hotel during any Performance Termination Period is less than the Revenue Index Threshold for such Performance Termination Period.

  • The Revenue Index of the Hotel during the Performance Termination Period is less than the Revenue Index Threshold for such Performance Termination Period (“Test Prong 2”).

  • The incremental adjustment shall be calculated utilizing the following methodology: AI= (75% * Cost Index) plus (25% * Revenue Index).

  • BE IT RESOLVED AND ORDERED that the Santa Cruz County Controller accept funds in the amount of $54.000 as follows: Revenue Index Subobject T / C Number Number Account Name Amount 001 611134 2500 RDA Capital Projects and that such funds be and are hereby appropriated as follows: T / C Number 021 611134 Expenditure Subobject Number 9842 Account Name Amount Project Improvement costs (Rev Page 1 of 2 current fiscal year.