Common use of Gross Income Clause in Contracts

Gross Income. As used in the Loan Documents, the term “Gross Income” for each Calendar Period shall mean rentals, revenues and other cash forms of consideration, received by, or paid to or for the account of or for the benefit of, Borrower resulting from or attributable to the operation, leasing and occupancy of the Mortgaged Property, determined on a cash basis (except as specified herein), including, but not limited to, the following:

Appears in 2 contracts

Samples: Loan Agreement (Carter Validus Mission Critical REIT, Inc.), Loan Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

AutoNDA by SimpleDocs

Gross Income. As used in the Loan Documents, the The term "Gross Income" for each Calendar Period shall mean rentals, revenues and other cash forms of consideration, received by, or paid to or for the account of or for the benefit of, Borrower resulting from or attributable to the operation, leasing and occupancy of the Mortgaged Property, determined on a cash basis (except as specified herein), including, but not limited to, the following:

Appears in 1 contract

Samples: Construction Loan Agreement (Stratus Properties Inc)

AutoNDA by SimpleDocs

Gross Income. As used in the Loan Documents, the The term “Gross Income” for each Calendar Period shall mean rentals, revenues and other cash forms of consideration, received by, or paid to or for the account of or for the benefit of, Borrower resulting from or attributable to the operation, leasing and occupancy of the Mortgaged Property, determined on a cash basis (except as specified herein), including, but not limited to, the following:

Appears in 1 contract

Samples: Construction Loan Agreement (Stratus Properties Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.