Adjusted Gross Revenues definition

Adjusted Gross Revenues means all gross revenues received from the operations of the Properties, not including any non-recurring items (including without limitation refinancing proceeds, sale proceeds, lease buy-outs or similar payments).

Adjusted Gross Revenues shall be defined as Gross Revenues less the following revenues actually received by the Hotel and included in Gross Revenues: (i) any gratuities or service charges added to a customer's xxxx; (ii) any credits or refunds made to customers, guests or patrons; (iii) any sums and credits received by Owner for lost or damaged merchandise; (iv) any sales taxes, excise taxes, gross receipt taxes, admission taxes, entertainment taxes, tourist taxes or charges; (v) any proceeds from the sale or other disposition of the Hotel, furnishings and equipment or other capital assets; (vi) any fire and extended coverage insurance proceeds; (vii) any condemnation awards; (viii) any proceeds of financing or refinancing of the Hotel; and (ix) any interest on the Bank Account(s).

Adjusted Gross Revenues means Gross Revenues remaining after the deduction therefrom on a continuing basis of the following in the order set forth below:

Examples of Adjusted Gross Revenues in a sentence

• If such accruals do not exceed the actual amounts due in respect of real estate taxes and insurance premiums but Owner and Manager agree in writing, the tax and insurance accruals on deposit may be used from time to time to pay operating costs if Adjusted Gross Revenues are not otherwise sufficient to pay such operating costs.

• The charges levied from service providers are usually referred to as Spectrum charges and are calculated either as a percentage of their Adjusted Gross Revenues depending up on at the quantum of spectrum assigned for their network (Commercial VSAT licence) or at flat rates or on the basis of formulae.

• All sums received or collected by either Party after termination for Adjusted Gross Revenues earned prior to termination shall be split in accordance with this Section 6.3.

• Professional Business Manager shall be the owner and beneficiary of any such insurance, although the Parties hereby agree that the proceeds of any such insurance shall be paid to the Account as Adjusted Gross Revenues unless the Parties agree to a specific split of the proceeds.

• Retail Business Manager shall be the owner and beneficiary of any such insurance, although the Parties hereby agree that the proceeds of any such insurance shall be paid to the Account as Adjusted Gross Revenues unless the Parties agree to a specific split of the proceeds.

More Definitions of Adjusted Gross Revenues

Adjusted Gross Revenues means Employer's Gross Revenues from sales of the Products, less all of the following:

Adjusted Gross Revenues shall be defined as gross revenues in accordance with GAAP, as disclosed in Tenant’s Audited Financial Statement, however, deferred revenues and backlog assumed in acquisitions at fair value which would otherwise be excluded from gross revenues in accordance with GAAP, shall be included in Adjusted Gross Revenues.

Adjusted Gross Revenues means in respect of any particular Fiscal Year, the revenues of the Limited Partnership for that year determined in accordance with GAAP, including revenues received or receivable pursuant to the PPA, which revenues, for greater certainty, will already have been reduced by all charges under the PPA, but for the purpose of this definition only, transmission charges pursuant to section 3.2 of the PPA will be added back, less:

Adjusted Gross Revenues means the Gross Revenues for a particular period less admissions taxes imposed on admissions receipts for such period and any other taxes for such period imposed by any lawful taxing authority. "Gross Revenues" shall mean for a particular period the gross revenues of the Theatres from whatever source, including box office receipts, special event revenues, concessions, game machines, etc.

Adjusted Gross Revenues means gross revenues of the Company less the sum of all write-offs taken, or reserves created, for bad debts during such fiscal year. All computations of Adjusted Gross Revenues hereunder shall be made by the Company in accordance with generally accepted accounting principles, consistently applied. In the event that the Executive is in the Company's employ for less than a full fiscal year, and is entitled to a bonus for that year as provided in this Agreement, then the bonus payable for such year shall be pro-rated. The bonus shall be paid in cash within ninety (90) days following the end of the fiscal year for which such bonus is payable.

Adjusted Gross Revenues means gross revenues of the Company from any Re-run minus the sum of (i) production costs, (ii) marketing costs and (iii) distribution costs; provided that if such Re-run includes programming other than New Programming, the portion of Adjusted Gross Revenues which is attributable to New Programming shall be determined on a fair and equitable basis approved by the Founder.

Adjusted Gross Revenues of a Golf Facility shall mean the total amount of "Net Revenues" received from food and