Gross Rental Revenue shall refer to all income collected by Glenborough from tenants of the Property and payable to or for the benefit of Rancon (including without limitation rental or business interruption insurance collected in lieu of rental income, expense pass-through items such as real property taxes and insurance, and rentals or fees paid for parking), excluding, however: (i) security deposits, until such deposits are applied as rental income upon termination of a lease; (ii) rents paid in advance of the date such rents are due, until the date on which such payments are due as rent; (iii) monies collected for capital items which are paid for by tenants; (iv) interest on bank accounts maintained with respect to the Property; (v) settlements or recoveries in judicial proceedings representing other than compensation for lost rental; and (vi) any income constituting debt service on a tenant improvement loan.
Gross Rental Revenue means, with respect to an eligible rental housing project, the aggregate of all moneys received or receivable in a taxation year by an eligible corporation from or on behalf of tenants for:
Gross Rental Revenue means any Rental Rate income received by any person in connection with or attributable to the rental of the Unit to Rental Tenant.
Examples of Gross Rental Revenue in a sentence
We often confront problems like software performance errors surfacing in the live environment, software failing under peak business pressures, and inconsistencies in software responses across varying business demands.
From the Gross Rental Revenue, we deduct a credit card payment processing charge (3% for Visa/MasterCard/Discover and 4% for Amex).
That in fact the real Gross Rental Revenue had been subjected to deductions not contemplated by the Rental Pool Agreement.
MCT’s top 10 tenants contributed 26.0% of Gross Rental Revenue for the month of March 2013.
Accounting for Revenue, Fees and Expenses Gross Rental Revenue means the rent collected from Guests for reservations of the Unit and does not include any the following items (which are charged to the Guest directly): taxes, cleaning fees, the property damage protection program or property damages, guest booking fee or any other charges incurred by Guest for services rendered by TurnKey.
More Definitions of Gross Rental Revenue
Gross Rental Revenue. Gross Rental Revenue" means all sums paid by renters for rental of Vehicles during the prior month from the Velocity Locations, including time and mileage charges, additional driver fees, but excluding sums paid for insurance, sales, use or other taxes, government imposed fees, deposits, fuel, and amounts collected as a result of damage to, or loss of, rental Vehicles.
Gross Rental Revenue means all rents, charges and fees paid by tenants relating to or in connection with the rental of the Premises, including without limitation all such amounts payable under applicable lease or rental agreements. Owner hereby authorizes Manager to deduct all Management Fees and all Management Expenses from gross rental revenue collected by Manager. The initial administration fee and all Management Fees and Management Expenses are nonrefundable.
Gross Rental Revenue means the total revenue from all real estate activities including rent, base rent, expense passthroughs, settlements, prepaid rent, fees, and other activities related to the rental operation. Gross Rental Revenue does not include fees paid to the management entity for their services.
Gross Rental Revenue means all income collected by Developer (acting as “Manager” under the Management Agreement”) from tenants of the Agency Parcels and payable to or for the benefit of Agency (including without limitation rental or business interruption insurance collected in lieu of rental income, expense pass-through items such as real property taxes and insurance, rentals or fees paid for parking, and common area maintenance charges), excluding, however: (i) security deposits, until such deposits are applied as rental income upon termination of a lease; (ii) rents paid in advance of the date such rents are due, until the date on which such payments are due as rent; and (iii) monies collected for capital items which are paid for by tenants.
Gross Rental Revenue as used herein shall mean the gross amount of payments to Owner or Manager for the benefit of Owner made as rent, fees, charges or otherwise for the use or occupancy of the Property of for any services, equipment or furnishings provided in connection with such use or occupancy, but Gross Rental Revenue shall not include security deposits, prepaid rents (if collected more than one month in advance), money received pursuant to bills separately rendered to tenants for tenant improvements or after hours utility costs.
Gross Rental Revenue shall refer to all income collected by PacWest from tenants of the Property and payable to or for the benefit of the Partnership (including rental or business interruption insurance collected in-lieu of rental income, expense pass-through items such as real property taxes and insurance, and rentals or fees paid for parking), excluding, however:
Gross Rental Revenue means any rental income received for Unit occupancy, excluding Amenity Fees and room service charges. Any “no-show” collections will be included in Gross Rental Revenue.