Definition of Gross Revenues. The term "
Definition of Gross Revenues x. Xxxxx Revenues shall mean, for all purposes in this Agreement, all monies paid to LESSEE or considerations of determinable value received from customers and clients by LESSEE, and any affiliate or subsidiary companies, concessionaires, licensees, permitees or sub-lessees conducting any business from or upon the Premises, after discounts and coupons deducted at the time of sale, for:
Definition of Gross Revenues. “Gross Revenues” is defined as all sales generated through the Franchised Business, including fees for any products or services sold by the Franchisee, whether for cash or credit (regardless of ability to collect), and income of every kind or nature related to the Franchised Business, including origination and destination fees and finders’ fees; provided, however, that “Gross Revenues” shall not include any sales tax or other taxes collected from the Franchisee’s customers for transmittal to the appropriate taxing authority.
Definition of Gross Revenues. For purposes of this Agreement, "
Definition of Gross Revenues. For purposes of this Agreement, the term "Gross Revenues" shall mean all gross income, rents, issues, profits, revenues and consideration, of whatever form or nature, received by or paid to or for the account or benefit of Trustor, its officers, agents, employees, or shareholders or any Affiliate of Trustor, from any and all sources, resulting from or attributable to the ownership, operation, leasing, occupancy or use of the Property arising during the period from the date of this Agreement, determined on the basis of sound cash basis accounting practices applied on a consistent basis.
Definition of Gross Revenues. “Gross Revenues” means the aggregate amount of (i) all fees and other revenue that Purchaser actually receives from any source following the Closing Date, (ii) the then-current fair market value of (x) the Purchased Assets, or (y) the Business (as a going concern) or portion thereof sold or otherwise transferred to an Affiliate of Purchaser and/or Xxxx Xxxxxxxx, and (iii) the proceeds from the sale or other disposition by Purchaser to any other third party of all or any portion of (x) the Purchased Assets and/or (y) the Business as a going concern following the Closing Date
Definition of Gross Revenues. The term "Gross Revenues" shall mean all revenues of the Companies during the term of this Agreement, from whatever source derived, calculated on an accrual basis, beginning on the date of this Agreement, in accordance with generally accepted accounting principles consistently applied ("GAAP"), reduced by any writeoffs of uncollectible receivables which are earned after the closing under the Acquisition Agreement. This Agreement relates solely to operating revenues of the Companies and nothing in this Agreement is intended to deal, directly or indirectly, with all or any portion of any proceeds of a sale of all or any part of the Companies or of any sale of the Companies' assets effected in connection with the sale of all or part of the Companies' business hereunder or the gain arising from the sale of assets of the Company in the ordinary course, all of which proceeds or gain shall be distributed to Xxxx Xxxxx.
Definition of Gross Revenues. The definition of “Gross Revenues” in Article II of the Franchise Agreement is hereby deleted in its entirety and replaced with the following: Gross Revenues means all money or things of value, calculated at their market value in United States currency, received or receivable (earned but not yet received), by Franchisee, directly or indirectly, in connection with the Franchised Business (earned in compliance with all laws) including transactions and services that require a real estate license and/or in which Franchisee uses the Service Marks or the System in any manner. “Gross Revenue” shall be accounted and booked in accordance with United States Generally Accepted Accounting Principles. “Gross Revenue” will include all such revenue before the deduction of any fees, costs or expenses Franchisee incur (including, without limitation, commissions, referral fees or other things of value, without deducting Franchisee’s costs or expenses, multiple listing fees, commissions, salaries, overrides or bonuses payable to its salespersons or employees), except that “Gross Revenues” shall specifically exclude: (a) commissions from Residential Property Management Activities, subject to the terms of Section 18.10, (b) “Agent Fees” paid directly by Franchisee’s own independent contractor sales agents to Franchisee (that do not decrease or otherwise affect the amount of any commission Franchisee receives from closed transactions), and (c) referral fees Franchisee pays to: (I) other licensed brokers operating under a Berkshire Hathaway HomeServices brand or Prudential Real Estate brand franchise agreement; (II) any referral networks owned or operated by BHH Affiliates, LLC ; or (III) brokers or referral networks not related to BHH Affiliates, LLC (“Out-of-Network Referral Fees”).
Definition of Gross Revenues. “Gross Revenue” or “Gross Revenues” shall mean any and all revenues or receipts derived from the Cable System or the operation thereof to provide Cable Services within the Franchise Area, including cash, credits, property or other consideration of any kind or nature, and collected by Grantee. Gross Revenues shall be recognized according to GAAP, to include, without limitation, recurring monthly charges for Cable Services; event-based charges for video services including, but not limited to, Pay-Per-View Event(s), Pay-Per-View Movie(s), Premium Channels and video-on-demand charges; charges for the rental or sale of set top boxes and other Cable Services or video service related equipment; service charges related to the provision of Cable Services, including, but not limited to, service order, installation, connection and service termination charges; and advertising revenue. Gross Revenue shall include any such revenue or receipts received by any Affiliate of the Grantee where such revenue or receipts in the ordinary course of business should have, according to existing practices, been paid to Grantee in connection with the operation of its Cable System within Grantor’s Franchise Area. Gross Revenues shall not include the following:
Definition of Gross Revenues. Gross revenues shall be determined pursuant to generally accepted accounting principles and shall include revenues from operations but exclude capital contributions and borrowed funds.
