Revenues From Operations means, for any period, the gross revenues of the LLC (except as set forth herein and except as otherwise agreed by the Manager Member and the Management Board in a writing making reference to this definition), determined on an accrual basis in accordance with generally accepted accounting principles consistently applied; provided, however, that Revenues From Operations shall not include (i) proceeds during such period from the sale, exchange or other disposition of all, or a substantial portion of, the assets of the LLC, (ii) revenues from the issuance by the LLC of additional LLC Interests or (iii) payments received pursuant to any insurance policies other than with respect to business interruption insurance; and, provided further, that Revenues From Operations shall be determined net of any positive difference between revenues from the provision of Brokerage Services and commission expenses and clearing charges paid by the LLC during the relevant period ending as of the end of the calendar quarter ending on or immediately prior to the measurement date in connection with the provision of such Brokerage Services (assuming for this purpose that the LLC continues to follow past practices with respect to such revenues and charges).
Revenues From Operations means, for any period, the gross revenues of the Partnership (except as set forth herein), determined on an accrual basis in accordance with generally accepted accounting principles consistently applied; provided, however, that Revenues From Operations shall be determined without regard to (a) proceeds during such period from the sale, exchange or other disposition of all, or a substantial portion of, the assets of the Partnership, (b) revenues from the issuance by the Partnership of additional Partnership Points, other Partnership Interests, or other securities issued by the Partnership, and (c)
Revenues From Operations means, for any period, the gross revenues of the Partnership (except as set forth herein), determined on an accrual basis in accordance with generally accepted accounting principles consistently applied; provided, however, that Revenues From Operations shall be determined without regard to (a) proceeds during such period from the sale, exchange or other disposition of all, or a substantial portion of, the assets of the Partnership or First Quadrant Limited, (b) revenues from the issuance by the Partnership of additional Partnership Points, other Partnership Interests, or other securities issued by the Partnership, and (c) payments received pursuant to any insurance policies other than with respect to business interruption insurance.
Examples of Revenues From Operations in a sentence
The account maintained with the Lender (Account No. 512-96630) in the name of Xxxxxxxxx, or any other account established to replace such account, into which account the Borrower shall deposit monthly the Net Revenues From Operations, as provided herein, such Cash Flow Account to be pledged to the Lender as provided in the Pledge Agreement.
Revenues From Operations other than the portion which constitutes Operating Cash Flow may be used to provide for and pay the business expenses of the LLC only to the extent agreed to in writing by the Manager Member and the Management Board (any such use being referred to herein as a "Free Cash Flow Expenditure").
Modified EBITDA = Revenues From Operations - Cost of Revenues from Operations, excluding D&A - SG&A Expenses, excluding D&A +/- Operating Flow Hedge (Forecasted Transactions & Firm Commitments) +/- Other Non-recurring Items.
More Definitions of Revenues From Operations
Revenues From Operations means, for any period, the gross revenues of the Partnership (except as set forth herein), determined on an accrual basis in accordance with generally accepted accounting principles consistently applied; provided, however, that Revenues From Operations shall be determined without regard to (a) revenues from the sale, exchange or other disposition of all, or a substantial portion of, the assets of the Partnership, (b) revenues from the issuance by the Partnership of additional Partnership Points, other Partnership Interests or other securities, and (c) payments received pursuant to any insurance policies.
Revenues From Operations means, for any period, the gross revenues (without reduction to reflect expenses) of the Company (except as set forth herein and except as otherwise agreed by the Manager and the Management Board in a writing making reference to this definition), determined on an accrual basis in accordance with generally accepted accounting principles consistently applied, but (i) adjusted upward (but only to the extent not duplicative) for the following items; (A) the sum of the increase, if any, during such period in the Company's capital accounts in any partnership (or similar investment entity) on account of such capital and (B) the sum of all cash withdrawals received during such period by the Company with respect to any such partnership (or similar investment entity), and (ii) adjusted downward (but only to the extent not duplicative) for the following items: (A) the sum of the decrease, if any, during such period in the Company's capital account in any partnership (or similar investment entity) on account of such capital, (B) the sum of all Company cash contributed during such period to any such partnership (or similar investment entity) and (C) the sum of all amounts by which any items previously included in Revenues From Operations become partly or entirely uncollectible or are collected at less than the amount previously included. For the foregoing purposes gross revenues allocable to the capital accounts of the Company in any partnership (or similar investment entity) other than on account of capital (i.e. incentive or performance allocations) shall
Revenues From Operations means, for any period, the gross revenues of the LLC (except as set forth herein), determined on an accrual basis in accordance with generally accepted
Revenues From Operations means, for any period, the consolidated gross revenues of Aston and any Controlled Affiliates thereof, determined on an accrual basis in accordance with GAAP consistently applied (but including other income such as interest, dividend income and gains on the sale of assets); provided, however, that Revenues From Operations (A) shall not include (a) proceeds during such period from the sale, exchange or other disposition of all, or substantially all, of the assets of Aston and its Controlled Affiliates, (b) revenues from the issuance by Aston of securities issued by Aston or any of its Controlled Affiliates, and (c) payments received from third parties to the extent constituting direct reimbursements of expenses previously paid from the Operating Allocation (and any such payments shall be added back to the Operating Allocation for the period in which such expenses were originally paid from the Operating Allocation), and (B) shall be reduced by payments made to PFPC, Inc. pursuant to the Sub-Administration and Accounting Services Agreement, dated as of April 1, 2000 by and between PFPC, Inc. and Alleghany Investment Services, as amended.
Revenues From Operations means, for any period, the gross revenues of the LLC (except as set forth herein), determined on an accrual basis in accordance with generally accepted accounting principles consistently applied; provided, however, that Revenues From Operations shall be determined without regard to (a) proceeds during such period from the sale, exchange or other disposition of all, or a substantial portion of, the assets of the LLC, (b) revenues from the issuance by the LLC of additional LLC Points, other LLC Interests, or other securities issued by the LLC, and (c) payments received pursuant to any insurance policies other than with respect to business interruption insurance.
Revenues From Operations means, for any period, the consolidated gross revenues of the LLC and any Controlled Affiliates thereof, determined on an accrual basis in accordance with GAAP consistently applied (but including other income such as interest, dividend income and gains on the sale of assets); provided, however, that Revenues From Operations shall not include (a) proceeds during such period from the sale, exchange or other disposition of all, or substantially all, of the assets of the LLC and its Controlled Affiliates (and any such proceeds shall be allocated in accordance with Sections 4.2(e) and 4.2(f) hereof), (b) revenues from the issuance by the LLC of additional LLC Units, other LLC Interests, or other securities issued by the LLC or any of its Controlled Affiliates (and any such proceeds shall be utilized in accordance with Section 4.5(g) hereof), and (c) payments received from third parties to the extent constituting direct reimbursements of expenses previously paid from the Operating Allocation (and any such payments shall be added back to the Operating Allocation for the period in which such expenses were originally paid from the Operating Allocation).
Revenues From Operations means, for any period, the gross revenues of the LLC (except as set forth herein and except as otherwise agreed by the Manager Member and the Management Board in a writing making reference to this definition), determined on an accrual basis in accordance with generally accepted accounting principles consistently applied; provided, however, that Revenues From Operations shall not include (i) proceeds during such period from the sale, exchange or other disposition of all, or a substantial portion of, the assets of the LLC, (ii) revenues from the issuance by the LLC of additional LLC Interests or (iii) payments received pursuant to any insurance policies other than with respect to business interruption insurance; and, provided further, that Revenues From Operations shall be determined net of any positive difference between revenues from the provision of Brokerage Services and commission expenses and clearing charges paid by the LLC during the twelve (12) month period ending as of the end of the calendar quarter ending immediately prior to the measurement date in connection with the provision of such Brokerage Services (assuming for this purpose that the LLC continues to follow past practices with respect to such revenues and charges).