Monthly Gross Receipts definition

Monthly Gross Receipts shall include the entire amount of all Rental Income and additional revenues derived from the Project other than the Excluded Items, including all receipts, determined on a cash basis, from:
Monthly Gross Receipts in respect of a month shall mean:
Monthly Gross Receipts means in respect of each month of each Contract Year, the gross proceeds as received or receivable by the Contractor from its operation of the Business plus all other incomes (except proceeds arising from the sale of capital assets belonging to the Contractor) deriving from or in respect of the operation of the Business and shall be free and clear of any deduction of whatsoever nature.“Museum Visitor Parking Period”means from 9:30 a.m. to 7:30 p.m. of the same day or a period as notified by the Government Representative.“Museum Visitor”means a member of the public who produces the Leisure and Cultural Services Department Museum Pass or any other forms of admission for and issued by the Venue covering the day on which he is authorized to be admitted to an exhibition and/or activity held in the Venue.“Original Tender Closing Date”means the date specified in the Lodging of Tender at the Tender Form as the date for submission of tender regardless of any extension.“Overnight Parking Period”means after 8:00 p.m. of a day until before 8:00 a.m. of the following day.“Parking Charges”(upper or lower case)means the amounts chargeable by the Contractor for car parking at the Licence Area during the Contract Period at the rates specified in the Fourth Schedule.“Permit”means a “Disabled Person’s Parking Permit” issued by the Transport Department of the Government.“Permitted Vehicles”means the types of vehicles as specified in the fourth column of the Third Schedule.“person”means any individual, corporation, partnership and firm.“Price Proposal”means the proposal known as “Price Proposal” to be submitted under Clause 4.1(a) of the Terms of Tender.“Reserved Car Parking Spaces”means the car parking spaces as designated in the Sixth Schedule and as delineated in Annex C for the exclusive use of the Government and its approved users free of any parking charges.“Schedules” or “Contract Schedule”means any of the First to Eleventh Schedules.

Examples of Monthly Gross Receipts in a sentence

  • Please complete the table of Actual Monthly Gross Receipts as per Appendix I.

  • Percentage Rent (as shown in the Basic Lease Information) shall be calculated for such calendar month based on the Monthly Gross Receipts Statement and, if the amount so calculated exceeds the monthly Base Rent, such Percentage Rent shall be payable in accordance with Section 5.1 above.

  • Without prejudice to the generality of the foregoing, in case the Monthly Guaranteed Amount and/or the Percentage of the Monthly Gross Receipts offered by the Tenderer with the highest overall combined price and quality score is unreasonably low with reference to the advice of the Commissioner for Rating and Valuation, the Government may refrain from awarding the Contract to the relevant Tenderer.

  • From and after the expiration of the Initial Period, (a) the Monthly Gross Receipts Statement shall include a calculation of the Percentage Rent payable under this Lease; and (b) on or before the day the Gross Receipts payment is required to be delivered to the Department, Lessee shall pay to County the amount by which the Percentage Rent for such previous month exceeds the Monthly Minimum Rent paid by Lessee for such previous month.

  • The statement of accounts shall show the Monthly Gross Receipts, including the amount of Monthly Licence Fee that should be payable to the Government for such month or months as stipulated in the notice.

  • The Monthly Gross Receipts Statement shall be in such form as may be reasonably approved by Director.

  • Document request No. 5 - All Bled Monthly Gross Receipts, Use, and Occupancy 14 Tax Returns since January 2015 15 d) Document request No. 6.- A11 bank statements 16 e) Document request No. 9 - A11 Financial statements of total assets, liabilities, 17 equity, revenues, income, expenses, dividends, distributions, or withdrawals since 18 January 2015.

  • MGR x PMGR) - MBLF where MGR is Monthly Gross Receipts PMGR is Percentage of Monthly Gross Receipts MBLF is Monthly Basic Licence Fee PROVIDED THAT no Percentage Licence Fee shall be payable if the Percentage Licence Fee so calculated is a negative amount.

  • The statement of accounts shall show the Monthly Licence Fee, the Monthly Gross Receipts, the Monthly Percentage Fee and the Monthly Guaranteed Amount in respect of any one (1) or more month(s) requested in that written request.

  • Tenderers should note the Percentage of the Monthly Gross Receipts and the Monthly Guaranteed Amount quoted by the Contractor and accepted by the Government shall remain valid and binding throughout the Contract Period.


More Definitions of Monthly Gross Receipts

Monthly Gross Receipts in respect of a month shall mean the gross proceeds or revenue received or receivable by the Contractor in respect of the Business in respect of that month without any deduction whatsoever (except as expressly allowed under(a) below) and which include:
Monthly Gross Receipts means in respect of each month of each Contract Year, the gross proceeds as received or receivable by the Contractor from its operation of the Business plus all other incomes (except proceeds arising from the sale of capital assets belonging to the Contractor) deriving from or in respect of the operation of the Business and shall be free and clear of any deduction of whatsoever nature.“Original Tender Closing Date”means the date specified in Clause 4.2 of the Terms of Tender as the date for submission of tender regardless of any extension.“Parking Charges” (upper or lower case)means in relation to a Licence Area, the amounts chargeable by the Contractor for car parking at that Licence Area during the Applicable Licence Period at the rates specified in the Fourth Schedule.“Percentage Licence Fee”means in relation to a Licence Area, the fee to be paid by the Contractor to the Government within fourteen (14) days after the end of each month during the Applicable Licence Period for that Licence Area which is calculated by applying the Percentage of Monthly Gross Receipts to the Monthly Gross Receipts of that month less the Monthly Basic Licence Fee payable for that month. If a negative amount is shown, no Percentage Licence Fee is required to be paid for that month.“Percentage of Monthly Gross Receipts”means the percentage of Monthly Gross Receipts as quoted in the Third Schedule.“Permitted Vehicles”means the types of vehicles as specified in the fourth column of the Third Schedule.“person”means any individual, corporation, partnership and firm.“Price Proposal”means the proposal known as “Price Proposal” to be submitted under Clause 4.1(a) of the Terms of Tender.“Reserved Car Parking Spaces”means the car parking spaces as designated in the Sixth Schedule and as delineated in Annexes C1a, C1b, C2 and C3 for the exclusive use of the Government and its approved users free of any parking charges.“Schedules” or “Contract Schedule”means any of the First to Twelfth Schedules.“Security Deposit”means the deposit which the Contractor deposits with the Government Representative in accordance with Clause 24 of the Terms of Tender and Clause 7 of the Conditions of Contract for the due and proper performance of the Contract.“Technical Proposal”means the proposal known as “Technical Proposal” to be submitted under Clause 4.1(b) of the Terms of Tender.
Monthly Gross Receipts means the total monthly revenues received by Tenant from its operation and use of the Premises including, without limitation, (a) sums for the parking or storage of motor vehicles, whether on an hourly, daily, weekly, monthly or other basis, (b) any late fees for delinquent parking charges, (c) business interruption insurance proceeds, and (d) any shortfall payment received from Landlord as provided in Section 3.02(e). If any revenues for the use of the Premises are mistakenly remitted by the user directly to Landlord, Lxxxxxxx agrees to promptly remit all such revenues to Tenant. Notwithstanding the foregoing, however, there shall be excluded from Monthly Gross Receipts those (i) amounts payable by Tenant to any governmental authority on account of parking taxes, sales or use taxes, service taxes or similar taxes or charges imposed or assessed relative to the use and operation of the Premises, including without limitation any amounts payable by Tenant pursuant to Section 4.04 above; (ii) credit card, debit card, electronic funds transfer or other payment processing fees; and (iii) fees for use of customer-facing technology solutions including, without limitation, Sphere Commerce™ or Pxxxxxx.xxx (if applicable).
Monthly Gross Receipts means, with respect to any calendar month, the aggregate gross amount of all payments received by the Company and its Subsidiaries in respect of their respective Debit Accounts Receivable during such calendar month.
Monthly Gross Receipts means, with respect to any calendar month, the aggregate gross amount of all payments received by Holdco and its Subsidiaries in respect of their respective Debit Accounts Receivable during such calendar month.

Related to Monthly Gross Receipts

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Gross Revenue means:

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Net Revenues means the difference between:

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Net Sales Proceeds means, in the case of a transaction described in clause (i)(A) of the definition of Sale, the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including all real estate commissions, closing costs and legal fees and expenses. In the case of a transaction described in clause (i)(B) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including any legal fees and expenses and other selling expenses incurred in connection with such transaction. In the case of a transaction described in clause (i)(C) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction actually distributed to the Company or the Operating Partnership from the Joint Venture less the amount of any selling expenses, including legal fees and expenses incurred by or on behalf of the Company (other than those paid by the Joint Venture). In the case of a transaction or series of transactions described in clause (i)(D) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction (including the aggregate of all payments under a Mortgage on or in satisfaction thereof other than regularly scheduled interest payments) less the amount of selling expenses incurred by or on behalf of the Company, including all commissions, closing costs and legal fees and expenses. In the case of a transaction described in clause (i)(E) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including any legal fees and expenses and other selling expenses incurred in connection with such transaction. In the case of a transaction described in clause (ii) of the definition of Sale, Net Sales Proceeds means the proceeds of such transaction or series of transactions less all amounts generated thereby which are reinvested in one (1) or more Assets within one hundred eighty (180) days thereafter and less the amount of any real estate commissions, closing costs, and legal fees and expenses and other selling expenses incurred by or allocated to the Company or the Operating Partnership in connection with such transaction or series of transactions. Net Sales Proceeds shall also include Refinancing Proceeds and any other amounts that the Company determines, in its discretion, to be economically equivalent to proceeds of a Sale. Net Sales Proceeds shall not include any reserves established by the Company, which shall be determined by the Board in its sole discretion.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Monthly Period means the period from and including the first day of a calendar month to and including the last day of such calendar month.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • System Revenues means all rates, rents, fees, charges,