Division of Revenues Sample Clauses

Division of Revenues. To the extent Sellers receive proceeds attributable to the Assets and related to periods on or after the Closing Date, Sellers shall deliver such proceeds received after Closing (net of (A) out-of-pocket expenses incurred by Sellers in earning or receiving such proceeds and any fees payable or incurred in connection therewith not reimbursed to Sellers by a Third Party and (B) applicable Non-Income Taxes in respect of such proceeds paid or borne by Sellers and not reimbursed to Sellers by a Third Party or Buyer) to Buyer promptly upon Sellers’ receipt thereof. To the extent Buyer receives proceeds attributable to the Assets (other than proceeds received on account of the Acquired Accounts Receivable) and related to periods prior to the Closing Date, Buyer shall deliver such proceeds (net of (A) out-of-pocket expenses incurred by Buyer in earning or receiving such proceeds and any fees payable or incurred in connection therewith not reimbursed to Buyer by a Third Party and (B) applicable Non-Income Taxes in respect of such proceeds paid or borne by Buyer and not reimbursed to Buyer by a Third Party or Sellers) to Sellers promptly upon Buyer’s receipt thereof.
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Division of Revenues. (a) The division of revenues between EPI and EELP with respect to any International Joint Tariff Rates on file pursuant to this Agreement shall be determined on the basis of the proportions set forth in Attachment 4 hereto; provided, however, that if at any time the FERC or the NEB shall require an International Joint Tariff Rate to be reduced below the level contemplated by this Agreement solely because of a change in the underlying local rate of one or more of the Parties, any such reduction shall be reflected solely in the division of the Party or Parties whose local rate was the cause of the change; provided further that nothing in this Agreement shall prevent EELP from increasing its underlying local rate in accordance with applicable FERC regulations or orders, or from collecting the full amount of revenue resulting from such local rate increases in accordance with Attachment 4.
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Division of Revenues. The division of revenues between Licensor and Licensee shall be in accordance with Schedule II hereto which is incorporated by reference herein.
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Division of Revenues. 6.1 All revenue produced from the operation of Crude Oil Recovery shall be divided according to ownership percentage, namely, 51% going to Encore and 49% going to USCR. During the initial operations of the Company, all revenues generated by the joint venture shall be reinvested back into oil production to effect leasehold improvements, acquire additional leases, etc. No distributions of revenues shall be made without the mutual written consent of both Parties. This agreement constitutes the entire understanding between the parties with respect to the subject mater hereof and supersedes all negotiations prior to the execution hereof, and all preliminary agreements or understandings, written or oral. No waiver or modification of this agreement shall be binding unless it is in writing, signed by both parties. In witness hereof, the Parties have caused this agreement to be executed as of the date of this letter. U.S. CRUDE LTD., by ENCORE PRODUCTIONS, by /s/Xxxxxxx X. Xxxxxx /s/Xxxx Xxxxxxxxxx -------------------- ------------------ Xxxxxxx X. Xxxxxx Xxxx Xxxxxxxxxx
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Division of Revenues. (1) All fares will be divided in accordance with the straight rate/prorate formula via procedures outlined in USAir Express Revenue Accounting Instruction Manual, unless the division of such fares is otherwise mutually agreed to by USAir and Contractor. (Under the straight rate/prorate formula, each parties' portion of the actual joint (through) fare is determined by the ratio of its prorate coach (Y) fare to the sum of the individual full (prorate) coach (Y) fares for all of the flight segments involved.)"
Sample 1
Division of Revenues. (1) All fares will be divided in accordance with [***], unless the division of such fares is otherwise mutually agreed to by US Airways and Contractor. [***] (2) Where either party has a connecting middle city within the routing revenue [***].
Sample 1
Division of Revenues. During the term of this Agreement, except -------------------- as may otherwise be required by applicable law, Petro shall distribute to EPAC for its services as described above fifty percent (50%) of the total gross revenues from the Amusements provided by EPAC at the Facilities (and at such other Additional Facilities to which services are rendered by EPAC) (the "Amusements Revenues"), and, Petro shall retain for itself for the services it provides and the use of the Amusement Areas the remaining fifty percent (50%) of the Amusement Revenues.
Sample 1
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Division of Revenues. (a) All fares wholly within and/or between the fifty (50) United States, the District of Columbia and Canada will be divided in accordance with the * unless the division of such fares is otherwise mutually agreed to by US Airways and Contractor. Under the *, each parties' portion of the actual joint (through) fare is determined by *.
Sample 1

Related to Division of Revenues

  • Performance of Daily Accounting Services In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Portfolio:

  • Gross Revenue 16.1.1 For the purposes of this PPP Agreement and its Schedules, Gross Revenue shall be defined as:

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Gross Revenues All revenues, receipts, and income of any kind derived directly or indirectly by Lessee from or in connection with the Hotel (including rentals or other payments from tenants, lessees, licensees or concessionaires but not including their gross receipts) whether on a cash basis or credit, paid or collected, determined in accordance with generally accepted accounting principles, excluding, however: (i) funds furnished by Lessor, (ii) federal, state and municipal excise, sales, and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes and paid over to federal, state or municipal governments, (iii) the amount of all credits, rebates or refunds to customers, guests or patrons, and all service charges, finance charges, interest and discounts attributable to charge accounts and credit cards, to the extent the same are paid to Lessee by its customers, guests or patrons, or to the extent the same are paid for by Lessee to, or charged to Lessee by, credit card companies, (iv) gratuities or service charges actually paid to employees, (v) proceeds of insurance and condemnation, (vi) proceeds from sales other than sales in the ordinary course of business, (vii) all loan proceeds from financing or refinancings of the Hotel or interests therein or components thereof, (viii) judgments and awards, except any portion thereof arising from normal business operations of the Hotel, and (ix) items constituting “allowances” under the Uniform System.

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

  • Tax Accounting Services (1) Maintain accounting records for the investment portfolio of the Fund to support the tax reporting required for “regulated investment companies” under the Internal Revenue Code of 1986, as amended (the “Code”).

  • Accounting and Fiscal Year Subject to Code Section 448, the books of the Partnership shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the General Partner. The fiscal year of the Partnership shall end on December 31 of each year, or on such other date permitted under the Code as the General Partner shall determine.

  • Sales and Use Taxes Professional Business Manager and the Practice acknowledge and agree that to the extent that any of the services to be provided by Professional Business Manager hereunder may be subject to any state sales and use taxes, Professional Business Manager may have a legal obligation to collect such taxes from the Practice and to remit the same to the appropriate tax collection authorities. The Practice agrees to have applicable state sales and use taxes attributable to the services to be provided by Professional Business Manager hereunder treated as an Office Expense.

  • Payment of Sales, Use or Similar Taxes All sales, use, transfer, intangible, recordation, documentary stamp or similar Taxes or charges, of any nature whatsoever, applicable to, or resulting from, the transactions contemplated by this Agreement shall be borne by the Sellers.

  • Portfolio Accounting Services (1) Maintain portfolio records on a trade date+1 basis using security trade information communicated from the Fund’s investment adviser.

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