Use of Revenues Sample Clauses

Use of Revenues. Unless otherwise applied by Lender pursuant to any Loan Document, the Borrower shall, and shall cause each Portfolio Entity to, apply any Revenues in the order and manner provided for in Article IX.
AutoNDA by SimpleDocs
Use of Revenues. A. CITY shall account for revenues received in connection with third-party use of Play Fields. Those revenues shall be used in the following priority:
Use of Revenues. Revenues from activities en- gaged in by the Corporation shall be used for the oper- ation and administration of the Center.
Use of Revenues. CCAEF shall use such revenues to pay the expenses of operating the Center in accordance with this Agreement. For purposes of this paragraph, “expenses” shall include employee salaries and benefits and all other expenses of operating/programming the Center. CCAEF agrees that on an annual basis it will provide a report to the City detailing all such revenues and expenses of the Center. Any revenues in excess of those needed to operate the Center shall be used to purchase needed items for the facility or placed in a reserve account to offset future operating expenses. CCAEF shall have the right to conduct special fundraising and seek to thereby obtain revenues over and above revenues derived from the operation of the Center for the purpose of creating and maintaining endowment funds, which shall be and remain the property of CCAEF or the CCAEF Charitable Trust.
Use of Revenues. Each Relevant Obligor shall (and the Company shall ensure that each member of the Group will) ensure that all of its funds, Revenues and all other amounts received by it are utilised, and all of its accounts are established and funded (and any other accounts maintained by it are closed), in accordance with the provisions of Schedule 10 (Accounts) and as otherwise provided by this Agreement and that it otherwise complies with Schedule 10 (Accounts).
Use of Revenues. CONTRACTOR shall use such revenues to pay the expenses of operating the Center in accordance with this Agreement. For purposes of this paragraph, “expenses" shall include employee salaries and benefits and all other expenses of operating/programming the Center. CONTRACTOR agrees that on an annual basis it will provide a report to the City detailing all such revenues and expenses of the Center. Any revenues in excess of those needed to operate the Center shall be used to purchase needed items for the facility or placed in a reserve account to offset future operating expenses. CONTRACTOR shall have the right to conduct special fundraising and seek to thereby obtain revenues over and above revenues derived from the operation of the Center for the purpose of creating and maintaining endowment funds, which shall be and remain the property of CONTRACTOR or the CONTRACTOR Charitable Trust.
Use of Revenues. All revenues due to each Party shall be as provided by Paragraph 6.4 of the Service Area Agreement.
AutoNDA by SimpleDocs
Use of Revenues. Revenues (other than additional rent described in ¶ 2(b) above) are to be applied in the following order until exhausted:

Related to Use of Revenues

  • Allocation of Revenues All revenues relating to the Designated Property shall be allocated as follows: (i) 100% to CWEI before Payout and (ii) 1% to CWEI and 99% to the Participants after Payout, apportioned among the Participants in proportion to the percentages listed on Exhibit A attached hereto.

  • Revenue All revenue from the event activities may be retained by Permittee.

Time is Money Join Law Insider Premium to draft better contracts faster.