Vending machine income definition

Vending machine income means receipts (other than those of a licensed vendor) from vending machine operations on federal property, after deducting the cost of goods sold (including reasonable service and maintenance costs in accordance with customary business practices of commercial vending concerns) where the machines are operated, serviced or maintained by, or with the approval of, a department, agency or instrumentality of the United States, or commissions paid (other than to a licensed vendor) by a commercial vending concern which operates, services or maintains vending machines on federal property for, or with the approval of, a department, agency or instrumentality of the United States.

Vending machine income. ’ means re- ceipts (other than those of a blind licensee) from vending machine operations on Federal property, after cost of goods sold (including reasonable service and maintenance costs), where the machines are operated, serviced, or maintained by, or with the approval of, a de- partment, agency, or instrumentality of the United States, or commissions paid (other than to a blind licensee) by a commercial vending concern which operates, services, and maintains vending machines on Federal prop- erty for, or with the approval of, a depart- ment, agency, or instrumentality of the United States.

Vending machine income means the commissions or fees paid

Examples of Vending machine income in a sentence

• Vending machine income is recognised on a straight-line basis over the accounting periods covered by the terms and conditions as stipulated in the agreement.

• Vending machine income also includes commissions that a commercial vending com- pany pays to the nominee on proceeds from vending machines that the commercial vend- ing company operates, services, and main- tains on federal, state, or other property for, or with the approval of, a department, agen- cy, or instrumentality of the United States, the state of Missouri, or other public or pri- vate entity.

• Vending machine income also includes commissions that a commercial vending com- pany pays to the nominee on proceeds from vending machines that the commercial vend- ing company operates, services and maintains on federal, state or other property for, or with the approval of, a department, agency, or instrumentality of the United States, the state of Missouri or other public or private entity.

• Vending machine income in excess of the amount eligible to the facilitymanagers (unassigned income) is retained by the SLA.The SLA may use the unassigned vending machine income to establish and maintain retirement or pension plans, for health insurance contributions, and for sick leave and vacation time for state facility managers, if a majority of licensed facility managers so determine after the SLA has provided appropriate information to the managers.

• Unaudited)Six months ended 31 December2018 2017¥million ¥million RevenueGross pay-ins 17,714 18,993Less: gross pay-outs (13,740) (14,718)Revenue from pachinko and pachislot hall business 3,974 4,275 Vending machine income 65 71Property rental 137 168 4,176 4,514 Except for pachinko and pachislot hall business, all of the Group’s revenue is recognised over-time as the services are performed.

More Definitions of Vending machine income

Vending machine income means either of the following:

Vending machine income means proceeds from vending machine operations on federal, state, or other property where the machines are operated, serviced, or main- tained by, or with the approval of, a depart- ment, agency, or instrumentality of the Unit- ed States, Missouri, or other public or private entity. Vending machine income also includes commissions that a commercial vending com- pany pays to the nominee on proceeds from vending machines that the commercial vend- ing company operates, services, and main- tains on federal, state, or other property for, or with the approval of, a department, agen- cy, or instrumentality of the United States, the state of Missouri, or other public or pri- vate entity.

Vending machine income means re- ceipts (other than those of a blind ven- dor) from vending machine operations on Federal property, after deducting the cost of goods sold (including rea- sonable service and maintenance costs in accordance with customary business practices of commercial vending con- cerns, where the machines are oper- ated, serviced, or maintained by, or with the approval of, a department, agency, or instrumentality of the34 CFR Ch. III (7–1–09 Edition)United States, or commissions paid (other than to a blind vendor) by a commercial vending concern which op- erates, services, and maintains vending machines on Federal property for, or with the approval of, a department, agency, or instrumentality of the United States.

Vending machine income. ’ means re-

Vending machine income means receipts (other than those of a Blind Licensed Vendor) from vending machine operations, after deducting the cost of goods sold (including reasonable service and maintenance costs in accordance with customary business practices of commercial vending concerns).

Vending machine income means the commissions or fees paid to the State from vending machine operations on State property where the machines are operated, serviced, or maintained by, or with the approval of, a State agency by a commercial or not-for-profit vending concern that operates, services, and maintains vending machines.

Vending machine income means “vending machine income” as defined in 34 CFR 395.1(z).