Annual Gross Revenue Sample Clauses

Annual Gross Revenue. The amount equal to annual gross rents and other income derived by the Entity in connection with the Project, together with any insurance, operating and maintenance expenses paid by a tenant that are ordinarily paid by a landlord. Annual Gross Revenue shall include fees or income paid or received for parking, laundry room, vending machines, and the like, or as user fees for other services. No deductions will be allowed for operating or maintenance costs, including, but not limited to, gas, electric, water and sewer, other utilities, garbage removal and insurance charges, whether paid for by the Entity, tenant or third party.
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Annual Gross Revenue. Annual gross revenue of the Entity equal to the total rent received by Entity from the Project (excluding rent related to real estate taxes, utilities, insurance and other common area charges).
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Annual Gross Revenue. Annual Gross Revenue shall be calculated as the total annual gross rents and other income of the Entity from the Project.
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Annual Gross Revenue. “Annual Gross Revenue” shall mean all income and receipts from all sources received by or accrued to Contractor from its use and exploitation of the rights herein granted, whether actually collected or not. Uncollected receivables shall not diminish Annual Gross Revenue. Note that “Annual Gross Revenue” shall not include revenue derived from Potential Future Sponsorship Rights in Section 2.07.16, since revenue due to AU is calculated separately under that section.
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Annual Gross Revenue. The annual gross revenue or gross shelter rent or annual gross rents, as appropriate, and other income, for the Entity pursuant to N.J.S.A. 40A:20-3(a).
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Annual Gross Revenue. (also referred to as the “AGR”) – Annual gross revenue for the Project, as determined pursuant to the Exemption Law and the terms of this Financial Agreement. Annual Gross Revenue shall exclude, without limitation, any gain realized by the Entity on the sale of the Project, the proceeds of any condemnation or casualty awards, insurance proceeds, proceeds of any financing or refinancing, any reimbursement by the Entity or any Affiliate of the Entity for site development costs allocable to an Affiliate, and the disposition of a partner or partner’s equity interest in the Entity.
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Annual Gross Revenue. The Gross Revenue during the twelve months immediately before the date of the damage figures thus adjusted shall represent as results which but for the damage would have been obtained during the relative period after the damage STANDARD GROSS REVENUE The Gross Revenue during that Period in the twelve months immediately before the date of damage which corresponds with the Indemnity Period may be necessary to provide for the the trend of the business and for variation in or other special circumstances affecting the business either before or after the damage or whichwould have affected the business had the damage not occurred so that the Alternative Trading Clause. If during the Indemnity Period work shall be done or services shall be rendered elsewhere than at the premises for the benefit of the business either by the Insured or by others on his behalf the money paid or payable in respect of such sales of services shall be brought into account in arriving at the Revenue during the Indemnity Period.
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Annual Gross Revenue. The Annual Gross Revenue shall mean all revenues without limitation or set-off, and shall include, but not be limited to: (a) all rental income that would normally be payable to a landlord in the case where the landlord is responsible to pay all costs of operations and maintenance as well as to pay the full cost of the capital required to undertake the Project; and (b) all other income received by the Entity. To the extent that the actual revenues collected by the Entity are less than such amount, due to any reason including without limitation, the payment of expenses by tenants that would normally be paid by the landlord, such as insurance, taxes and or maintenance or the existence of an intermediate entity between the Entity and any tenant, but specifically excluding reductions in revenue due to vacancies within the Project, the Township shall have the right, at its sole discretion, to recalculate the amount that the revenues would have been, without such issues and to utilize the results of its recalculations in all determinations of Annual Service Charges.
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Related to Annual Gross Revenue

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.

  • Quarterly Sales Reports The Contractor shall submit a completed Quarterly Sales Report electronically, in the required format, to the Department’s Contract Manager within thirty (30) calendar days after close of each quarter. The quarterly sales report can be found here: xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. The Contract Quarterly Sales Report will include all sales and orders associated with this Contract from Customers received during the reporting period. Initiation and submission of the Sales Report is the responsibility of the Contractor without prompting or notification from the DMS Contract Manager. Failure to provide the quarterly sales report will result in the imposition of financial consequences and may result in the Contractor being found in default and the termination of the Contract. Initiation and submission of the quarterly sales report are the responsibility of the Contractor without prompting or notification by the Department. Sales will be reviewed on a quarterly basis. If no sales are recorded during the period, the Contractor must submit a report stating that there was no activity. If no sales are recorded in two consecutive quarters, the Contractor may be placed in probationary status or the Department may terminate the Contract. Quarter 1 – (July-September) – due 30 calendar days after the close of the period Quarter 2 – (October-December) – due 30 calendar days after the close of the period Quarter 3 – (January-March) – due 30 calendar days after the close of the period Quarter 4 – (April-June) due 30 calendar days after the close of the period Exceptions may be made if a delay in submitting reports is attributable to circumstances that are clearly beyond the control of the Contractor. The burden of proof of unavoidable delay shall rest with the Contractor and shall be supplied in a written form and submitted to the Department. The Department reserves the right to request additional sales information as needed.

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