Uniform System definition

Uniform System means the Uniform System of Accounts for the Lodging Industry, Tenth Revised Edition 2006, as published by the Education Institute of the American Hotel & Motel Association, as revised from time to time to the extent such revision has been or is in the process of being generally implemented within such Uniform System of Accounts.

Uniform System. The Uniform System of Accounts for Hotels (9th Revised Edition, 1996) as published by the American Hotel and Lodging Association, with such later revisions as may be agreed to by both Lessor and Lessee.

Uniform System means the Uniform System of Accounts for Hotels, 9th Edition, International Association of Hospitality Accountants (1996), as from time to time amended.

Examples of Uniform System in a sentence

• In accordance with the National Association of Regulatory Utility Commissioners (NARUC) 1973 Uniform System of Accounts, as revised July 1976, Accounting Instruction No. 3 Subpart (17), the Company shall accrue allowance for funds used during construction (AFUDC) on the related CWIP balances at the Company’s monthly calculated AFUDC rate.

• In the event either Party experiences a new type of cost not anticipated by this Exhibit V, the cost shall be allocated as a Demand Cost or Energy Cost in a manner consistent with the FERC Uniform System Accounts in effect from time to time.

• The accounting requirements of FERC are set forth in its applicable Uniform System of Accounts and published accounting releases, which is a comprehensive basis of accounting other than GAAP (the “FERC Basis of Accounting”).

• The Company shall transfer the CWIP balances to Utility Plant in Service when in-service in accordance with the NARUC Uniform System of Accounts and, beginning in the month immediately following transfer, shall record depreciation thereon at the appropriate Commission approved depreciation rate.

More Definitions of Uniform System

Uniform System means the Uniform System of Accounts for Hotels, “Tenth Revised Edition”, as revised and adopted by the Hotel Association of New York City, Inc. from time to time.

Uniform System. The Uniform System of Accounts for Hotels (9th Revised Edition, 1996) as published by the Hotel Association of New York City, Inc., with such later revisions as may be agreed to by both Lessor and Lessee. Unsuitable for its Primary Intended Use: A state or condition of the Hotel such that, in the good faith judgment of Lessee, reasonably exercised and evidenced by the resolution of the board of directors or other governing body of Lessee, due to casualty damage or loss through Condemnation, the Hotel cannot function as an integrated hotel facility consistent with standards applicable to a well maintained and operated hotel.

Uniform System means the Uniform System of Accounts for the Lodging Industry promulgated by the American Hotel and Motel Association, as in effect from time to time.

Uniform System means the Uniform System of Accounts for the Lodging Industry, “Tenth Revised Edition”, 2006, as revised and adopted by the Hotel Association of New York City, Inc., from time to time and as modified by applicable provisions of this Agreement. Other terms are defined in the Recitations and the further provisions of this Agreement, and shall have the respective meanings there ascribed to them.

Uniform System means the "Uniform System of Accounts for Hotels" (9th Revised Edition, 1996) as published by the American Hotel and Motel Association, as it may be amended from time to time with such exceptions as may be required by the provision of this Lease.

Uniform System shall have the meaning set forth in the Loan Agreement (Mortgage).

Uniform System means the Uniform System of Accounts for Hotels (8th -------------- Revised Edition, 1986) as published by the Hotel Association of New York City, Inc., as the same may hereafter be revised, and as the same is interpreted and applied by the Lessor's independent certified public accountants in connection with any Lessor's Audit.